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Technology Stocks : Apple Tankwatch

AAPL 255.53

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Jan 16 9:30 AM EST

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To: puborectalis who wrote (12546)	11/15/2011 5:42:33 PM
From: sylvester80	Read Replies (1) of 32692

iPad demand said to be fading as competition heats up By: Zach Epstein \| Nov 15th, 2011 at 11:15AM bgr.com Demand for Apple’s iPad tablet is said to be in decline as competition finally heats up thanks to the $199 Kindle Fire from Amazon, and investors could be in for a disappointing fourth quarter as a result. In a recent research note, Goldman Sachs analyst Bill Shope suggested Apple’s firm grip on the global tablet market may finally loosen unless the Cupertino, California-based company lowers its pricing. Read on for more. “New Hon Hai forecast implies more limited upside to iPad units, which is disappointing for a December quarter,” Shope wrote. “While improving holiday demand into late November could certainly push the momentum in the other direction, we believe it is prudent to assume the iPad is facing some near-term demand challenges.”

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