iPad Shipments Increase In Q4 After Retina Mini Sold Out On Black Friday
Apple (NASDAQ: AAPL) has reportedly increased its shipments for the iPad Air and iPad Mini with Retina Display after selling more units than expected.
According to DigiTimes, Apple will ship 23 million to 25 million tablets during the December quarter. Looking ahead, the company is expected to ship 85 million tablets in 2014.
Samsung may also get a shipment boost, jumping from 10 million units to 12 million units in the December quarter. The South Korean tech giant is expected to ship 50 million units in 2014.
Apple's shipment increase is being attributed to both of its new tablets. DigiTimes' Taiwan-based supply chain sources claimed that the iPad Air and Retina Mini have experienced "large demand" since they were released in November.
Separately, DigiTimes reported that the iPad Mini with Retina Display enjoyed brisk sales during Black Friday weekend. Best Buy sold out of its supply, while Wal-Mart customers bought up the 32GB iteration.
Microsoft's first-generation Surface tablet also performed well on Black Friday, the report claimed.
According to AllThingsD, 84 percent of the Global 500 companies are testing or deploying iPads. As if that weren't enough, 94 percent of Fortune 500 companies are doing the same.
Wedge Partners analyst Brian Blair told AllThingsD that he is seeing "big gains" for the iPad's business sales, thanks in part to the decline of BlackBerry. Android, iOS' chief competitor, has also failed to captivate the business world with a universally adopted tablet.
Apple's dominance may not change anytime soon.
Intel (NASDAQ: INTC), which produces a number of tablet-friendly processors for device manufacturers, is expected to ship 30 million tablet processors in 2014. While this could account for as much as 10 percent of the total number of tablet processors shipped next year, it would still be lower than what was originally forecasted.
Intel was previously expected to ship 40 million tablet processors. That estimate was based on the assumption that Windows 8.1 tablets would be more successful. It was also assumed that Intel's Bay Trail T-based tablets (due for release later this month or early next year) would be in greater demand.
White-box players in China could prove to be essential to Intel's future, as DigiTimes said that they will be the "major clients" for Bay Trail T when it is first released.
Disclosure: At the time of this writing, Louis Bedigian had no position in the equities mentioned in this report.
Louis Bedigian is the Senior Tech Analyst and Features Writer of Benzinga. You can reach him at louis(at)benzingapro(dot)com. Follow him @LouisBedigianBZ
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