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Has the iPad killed PC growth?
The iPad can do a lot of what we traditionally use our computers for, so it stands to reason that some folks would see their tablet as a suitable stand-in for a new PC. According to sales data from Gartner, Apple's tablet may have utterly crushed the growth of PC shipments worldwide. The data -- which is presented in graph form, courtesy of Statista -- appears to indicate that consumers are going with tablets rather than full-fledged computers, as the PC market is actually shrinking. However, there's likely a lot more to this than simply the release of Apple's now iconic tablet. Yes, the iPad has certainly replaced a few PCs out there, but devices like smartphones and other, non-iPad tablets have done so, too. Overall, portable devices are more capable now than ever before, and for individuals who only used their home computers for email or web browsing, something as simple as a smartphone could get the job done. I'm sure Apple would love to be able to claim that its tablet has been successful enough to singlehandedly damage sales of an entire category of devices, but in truth this shift is almost certainly a much larger one toward mobile gadgets in general.
Apple's "disappointing" quarter out-performs hugely profitable companies
In many of the financial press accounts of Apple's Q1 2013 results, the terms "disappointing" and "flat" were used to describe the company's performance. Well, as you can see in the graphic above from Statista, Apple's performance was far and away better than that of any other US company. How good was the first quarter? It was the most profitable quarter ever for a tech company at $13.1 billion in net income. The previous record? Apple's Q1 2012 net income at $13.06 billion. How did the other tech companies do? Microsoft came in a distant second place at $6.4 billion, while IBM trailed in third place at $5.8 billion. Apple's profits were more than those of Microsoft and IBM combined. Why Apple's share price is bumbling around the $460 mark at this point is still a matter of conjecture. Legg Mason portfolio manager Bill Miller said it could be that investors are beginning to think that Apple products no longer have the attractiveness to consumers that they used to. His idea for bringing the share price up? Apple should increase the dividend it began paying to shareholders. [via AppleInsider]
