JPMorgan says iPad competitors slow production
A report from analyst Mark Moskowitz of JPMorgan Chase suggests the iPad is killing sales of competing tablet devices. Companies like Motorola, Samsung and Asus have reportedly cut production of their tablets by as much as 10 percent since March of this year. Demand for tablets such as the Eee Pad Transformer, Motorola Xoom, RIM PlayBook and the Samsung Galaxy Tab is lagging, while demand for the iPad 2 remains strong.
Moskowitz points to the App Store as a key factor in the success of the iPad. Both the Android Market and RIM's BlackBerry App World have a small selection of tablet optimized applications. The iPad, though, has a robust App Store with over 65,000 apps designed specifically for the tablet.
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