KGI Securities analyst Ming-Chi Kuo has a reputation for accurately predicting device manufacturer plans long before announcements are made. He has mainly made his mark with regard to Apple products, although he has covered Samsung on occasion. He is now turning his sights on Amazon and the rumored smartphone coming from the retail giant. In a note to clients, Kuo says,
“we predict Amazon (US) will launch its own brand smartphone in 3-6 months, using the same hardware strategy as used for its e-reader and tablet.”
More bad news for PC makers. Business Insider Intelligence released their latest forecast of global smartphone sales, and the numbers are staggering. Recently, smartphone sales surpassed PC sales for the first time, and this year smartphone sales will nearly double PC sales. More amazing, however, is that BI Intelligence predicts that by the year 2016, smartphones will exceed 1.5 billion units sold worldwide.
For comparison, last year there were only 350 million PCs sold, and the total number of mobile phone handsets sold (smart AND dumb) totaled 1.7 billion. Right now, smartphones make up only 10% of all handsets sold. As prices decline, nearly 5 billion existing dumb phones will be getting replaced by smartphones.
The following chart speaks for itself.
With the overwhelming amount of Tablets announced mid to late 2010 up until now, one would think that there would be quite an amount of them circulating the globe. However, an inductive study by Mike Abramsky, an RBC analyst, shows that the market for tablet ownership is still quite large and promising. According to the chart, 99.7% of people in the world still do not own a tablet of any kind, as of the end of 2010. What the heck is that about? And how in the world do we get an Android tablet in the hands of these 99.7% unaware and depraved individuals? We’ll be working on that one folks.
Abramsky’s chart points to a small smartphone and tablet user base of 394 million worldwide as opposed to other markets like TV subscription, total PC’s and mobile subscribers
According to the Business Insider:
Abramsky predicts more than 400 million tablet users worldwide by 2014, including 185 million tablets sold in 2014. But he thinks Google Android, not Apple, will come to lead the market, representing 40% of the 2014 tablet market, versus 34% for Apple, 13% for Microsoft, 8% for BlackBerry, and 5% for HP WebOS
Until we can find a way to resolve this horrific issue, if you know of anyone who is not rocking an Android tablet of some sort, be sure to point them in the direction of Talk Android, where we’ll do our best to persuade them as to why they ‘need” the functionality of one. Are you content with just a smartphone? Or should one compliment their smartphone with a tablet? We’ll let you be the judge of that. Let us know what your thoughts are in the comments below.
[via businessinsider by engadget]