Aug 21

Apple Inc. (NASDAQ:AAPL) Breaks Three-Day ...

Shares of Apple Inc. (NASDAQ:AAPL) edged down yesterday, snapping a three-day gaining streak after partially losing a case against Eastman Kodak Co. over patents. the company has lost ownership claims to two out of 10 patents that Kodak wishes to sell as part of its insolvency restructuring.

U.S. Bankruptcy Judge Allan Gropper in Manhattan gave a verdict against Apple on the patents, saying the iPhone maker waited for a long time to state its claims, according to a decision filed yesterday. Kodak took legal action on Apple in June over the assets, alleging Apple attempted to disturb the patent auction scheduled for next week. Kodak requested the judge to rule in its favor in a pretrial decision known as summary judgment.

At the close of the trading day, Apple Inc (NASDAQ:AAPL) traded down -0.65% closing at $606.81. Intraday trading was between $603.00 – $616.40. in the past year, the stock has traded within a range of $353.02 – $644.00. the last session’s volume of 13.73 million shares was down from the average daily trading volume of 13.97 million shares.

Hewlett-Packard Company (NYSE:HPQ) shares in the last session were down -3.18% closing at $17.66. the stock traded in a range of $17.61 – $18.45. in the last year the stock has moved within a range of $17.61 – $35.11. the last session’s volume of 28.83 million shares was up from their average daily trading volume of 17.84 million shares.

Google Inc (NASDAQ:GOOG) shares were down -0.05% to close at $632.68. the stock traded between $631.38 – $639.51 during the last trading session. in the last 12 months the shares have traded between $480.60 and $670.25. the last session’s volume of 1.84 million shares was a bit lower than their average daily trading volume of 2.30 million shares.

Another rival company Dell Inc (NASDAQ:DELL), traded down -0.76% moving to $11.79. Intraday trading recorded the stock price in a range between $11.75– $11.95. in the previous 52 weeks the price has traded between $11.43 – $18.36. the last session’s volume of 10.66 million shares was down from their average daily trading volume of 19.22 million shares.

Apple Inc. (NASDAQ:AAPL) Breaks Three-Day Advancing Streak, Retains Above $600 Mark – (AAPL, HPQ, GOOG, DELL)

Aug 03

AMD: Headwinds expected to continue

Yesterday AMD (NYSE:AMD) released second quarter results, announcing revenue decline of 11 percent sequential decrease and a 10 percent decrease year-over-year of $1.41 billion, net income of $37 million, or $0.05 per share, and operating income of $77 million.

The company reported non-GAAP net income of $46 million, or $0.06 per share, and non-GAAP operating income of $86 million. and gross margins of 45 percent, non-GAAP gross margin 46 percent.

These numbers are in line with lowered expectations and also projected third-quarter revenue and gross margin below expectations due to chip shipments which were lower than originally anticipated.

Rory Read, AMD president and CEO, attributes the soft returns with weakness in the global economy, softer consumer spending, and lower channel demand in China and Europe, with the Computing Solution segment down 13%.

“We are taking definitive steps to improve our performance and correct the issues within our control as we expect headwinds will continue in the third quarter as the industry sets a new baseline. We remain optimistic about our core businesses as well as future opportunities with our competitively differentiated next-generation Accelerated Processor Units (APUs). our recently launched Trinity APU continues to gain traction with customers. We are committed to driving profitable growth,” he added.

GAAP Financial Results Non-GAAP Financial Results

in the above quote, Read is referring to AMD’s expanded notebook offerings, having recently refreshed its mobile APUs, which may be found in systems from leading manufacturers including HP, Lenovo, Samsung, Toshiba, ASUS, and Acer.

They are also looking to leverage recent strategic partnerships with ARM, Imagination Technologies, MediaTek and Texas Instruments, as announced at the AMD held the second annual AMD Fusion Developer Summit (AFDS), these partnerships are designed to accelerate software innovation. something needed in the face of declines.

Though AMD is hoping to recapture some of the Graphics segment with the launch of the AMD Radeon™ HD 7970 GHz Edition, revenue was down and remained flat year-over-year. ADM sited, GPU revenue down 5 percent in a seasonally down quarter, due to lower unit shipments in the channel.

In general AMD has scary things to say about the PC market, ”For the first time since 2001, client PC shipments have declined sequentially for three consecutive quarters-and have been below historical averages for the last seven quarters,” AMD CEO Rory Read said during the chip supplier’s second quarter earnings conference call.

“We also believe the PC industry may be resetting to a new baseline,” he said.

AMD was not alone though, as Microsoft posted first quarterly loss as a public company, with revenues falling 13% in the first quarter. Windows 7 is now on more than half global enterprise desktops. 

It appears that consumers are using their purchasing power to deprioritize spending on PCs, opting to purchase the latest in smartphones or tablets. also, the BYOD movement may be contributing to fewer PCs being purchased by employers. 

What do you think is happening in the PC market? Let me know.

AMD: Headwinds expected to continue

Apr 15

Insiders Trading Report for April 12

After 5 day losing streak, Alcoa’s earnings beat helped snap Wall Street out of its doldrums yesterday. The market gapped higher and traded in a range from there. Investors are becoming more optimistic that earnings season will be a boon for the bulls. those investors hoping for further Fed stimulus may be out of luck for the time being if there continues to be improving macro data along with earnings.

The Dow closed up 86 points yesterday. The Nasdaq and S&P added 25 and 10 points respectively. Today’s big earnings report will be after the bell when Google reports. Definitely one to watch to see how the giant tech stock is faring.

athenahealth, Inc. (NASDAQ:ATHN) closed Wednesday up 1.18% at $71.19. ATHN traded 237 thousand shares yesterday and trades 504 thousand shares a day on average. Robert Cosinuke (SVP) sold 3,000 shares at $70.69 on April 10.

LeapFrog Enterprises Inc. (NYSE:LF) finished up 4.17% on Wednesday at $7.99. LF traded 672 thousand shares yesterday and trades 805 thousand shares a day on average. Mollusk Holdings LLC (10% owner) sold 30,000 shares at $7.75 on April 10.

Interactive Brokers Group, Inc. (NASDAQ:IBKR) rose 1.45% yesterday at $16.78. IBKR traded 287 thousand shares on Wednesday and averages 467 thousand shares daily. Milan Galik (SVP Software Development) sold 800 shares at $16.99 on April 10.

Dell Inc. (NASDAQ:DELL) closed Wednesday up 0.03% at $16.25. DELL traded light volume yesterday with 12.4 million shares traded. DELL trades 18.1 million shares a day on average. Karen Quintos (SVP) sold 14,933 shares at $16.46 on April 10.

Perrigo Co. (NASDAQ:PRGO) rose 0.13% yesterday at $103.29. PRGO traded 489 thousand shares on Wednesday and trades 872 thousand shares a day on average. Todd Kingma (Executive VP) sold 5,000 shares at $103.50 on April 9.

Ladenburg Thalmann Financial Services Inc. (AMEX:LTS) finished up 3.80% on Wednesday at $1.64. LTS has traded 237 thousand shares yesterday and trades 274 thousand shares a day on average. Richard Lampen (President and CEO bought 5,000 shares at $1.58 on April 10.

Opko Health, Inc. (NYSE:OPK) closed Wednesday up 1.57% at $4.52. OPK has traded 1.1 million shares so far today and trades 1.7 million shares a day on average. Phillip Frost (CEO & Chairman) bought 110,000 shares at $4.46 on April 10.

Novavax, Inc. (NASDAQ:NVAX) rose 5.13% yesterday at $1.23. NVAX traded 515 thousand shares yesterday and trades about 800 thousand shares a day on average. Richard Douglas (Director) bought 50,000 shares at $1.21 on April 10.

Insiders Trading Report for April 12

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Apr 09

Super Bowl XLV: Motorola’s New Xoom Ad ...

Motorola (NYSE: MOT) touts its new Xoom tablet in a Super Bowl ad — making a double-reference to Apple (NSDQ: AAPL), and unfortunately not really cutting out much of a unique space for itself. (Ad embedded after the jump.)

Apple first aired its own “1984″ ad, directed by Ridley Scott, when it launched the Macintosh computer, nearly 16 years to the day Motorola aired its Xoom ad yesterday. Both take a page out of George Orwell’s novel of the same name, and lay out a world that is closed, creepy and soulless — to be broken, of course, by their respective products.

When Apple made its commercial, it was playing against the status quo of personal computer brands on the market at the time, which was largely dominated by the Commodore 64. Motorola takes the same form of Apple’s commercial — grey automatons trudging along in life — but uses it to rage against the status quo of today’s tablet market — created and dominated by Apple and its iOS system.

While Apple’s advert uses a colourful athlete slinging a hammer to literally shatter the automatons’ world; Moto goes for the rom-com angle, and seems to be quite happy to keep up the automatons’ life as long as we can add a bit of colour and love into it.

Will the Xoom really manage to make a dent into the iPad society as we know it? some are skeptical of its reported $800 price tag, although that will likely see subsidies from service providers to bring it down.

And the Apple ad for good measure…

Super Bowl XLV: Motorola’s New Xoom Ad References ’1984′

Mar 18

Hewlett-Packard Looking Better Than Dell Going ...

With Apple (NASDAQ: AAPL), Samsung and a host of others doing everything in their power to reduce the relevance of the PC, what should traders and investors make of the profit-taking in stocks like Dell (NASDAQ: DELL) and Hewlett-Packard (NYSE: HPQ) as both approach quarterly earnings announcements?

While both stocks are at new, short-term highs, it is Dell that has earned the greater appreciation from the market. Shares of Dell broke out above their 200-day moving average in the first half of January as part of a major rally during which the stock closed higher for 12 out of 14 days. this advance included a streak of six consecutive higher closes en route to taking the stock to new, intermediate-term highs.

After a brief correction lasting less than a week, DELL was back on the move, eventually setting new, 52-week highs near the beginning of the month.

Selling in recent days has done a lot to moderate the overbought conditions in Dell. The stock is now set to open in neutral territory, with a short-term edge of less than half a percent, when trading begins Tuesday morning. for traders still looking to take profits, DELL’s Tuesday announcement could catalyze selling.

Shares of HPQ climbed into bull market territory on Thursday, during a four-day rally that left the stock overbought in the short-term and vulnerable to the selling that has taken HPQ lower by 1% in Friday’s session. The Friday pullback takes the stock out of technically overbought territory.

HPQ shares with DELL a positive, short-term edge of less than half a percent, and neutral ratings of 4 and 5 out of 10, respectively.

Want to learn more about trading oversold markets? Coming Spring 2012: the second edition of how Markets Really Work: A Quantitative Guide to Stock Market Behavior by Larry Connors and Cesar Alvarez. Click here to learn more.

David Penn is Editor in Chief of TradingMarkets.com

Hewlett-Packard Looking Better Than Dell Going Into Earnings

Jan 25

Technology News: Tech Buzz: The Rebirth of the ...

Last week, an announcement from Lenovo got me thinking of Rory Read, AMD’s (NYSE: AMD) new CEO, who made some cryptic remarks about AMD going into ARM (Nasdaq: ARMHY) and no longer chasing Intel (Nasdaq: INTC). Now, there are a number of hybrid or crossover products that will be coming out this year, with the most interesting being a cross between a notebook and tablet. This design, and we’ll probably see some examples at CES this week, will likely be the showcase for Windows 8.

Another potential showcase could emerge as well — a product that instead of using ARM or x86 might use both, and it occurred to me that AMD may be in the best position to provide that alternative.

With these new hybrids as my focus, it only seems appropriate that I make the products announced by Lenovo my product of the week.

Our technology life today is all about ugly choices. A smartphone is a big phone that does a lot of Internet things poorly due to its size and, as a result, you can’t live on it. A tablet would suck even more as a phone and so drops that feature in favor of a better Internet and media experience, but it lacks the performance and size of a notebook. and, finally, a notebook currently lacks the portability and weight advantages of a tablet, but it is far more useful if you want to actually create something, and generally easier to use (because you don’t have to hold it) for long format media like movies.

You have to admit that even an iPad gets heavy after a couple of hours. if we add a specialized product like an e-reader, we now have up to four devices we need to carry. A typical notebook weighs around five pounds, a tablet two pounds, an e-reader a pound, and a smartphone with charger about half a pound. with chargers and accessories, we are up to the carry weight of an old gaming laptop — more than 10 pounds — and we have a mess of wires and a bunch of products that don’t like each other much.

So, we leave some of them in the office or at home. That means we don’t have the reader when we get stuck someplace, we don’t have the notebook when we have a surprise project to review and edit, and tablets are mostly used in the bedroom and living room.

Recall that back in the 1990s, we typically were happy with just a small cellphone with massive battery life and a heavy notebook that actually weighed less than the combined mess we have today.

In short, it isn’t surprising that folks appear to be trying to find that perfect device that can combine two or three of these things and simplify their lives. The Kindle Fire combined tablets and e-readers successfully, and it has sold very well. The attach rate for keyboards on iPads is reported to be better than 30 percent, suggesting folks want to leave their notebooks behind, and the Ultrabook class of products increasingly blends the weight and battery life of a tablet with the usefulness of a notebook computer.

But things are getting even more interesting this year.

There are two kinds of combined products coming to market this year. The first, which is what Lenovo announced last week, we have seen before: a tablet that effectively becomes a notebook computer with the addition of a second ARM-based platform. The second, and arguably more interesting, we’ve also seen before in the Asus Transformer and Transformer Prime products: a tablet that can transform into a notebook computer.

The problem with both offerings so far is they make compromises that users have historically not been excited about. Notebook computers either run Windows or Apple’s (Nasdaq: AAPL) OS X. Some of these products either run Android (Asus Transformer) or in the case of the notebook hybrid, Windows and something like Linux for the ARM portion of the product.

While this is still more convenient than having to carry multiple devices, the Asus products haven’t sold well, and prior efforts with ARM and x86 haven’t done well either. Finally, Windows tablets largely failed in market because the user interface wasn’t really designed for touch (and most required a stylus anyway).

Windows 8 runs on ARM and x86; in addition, it was designed for touch. This allows it, in theory, to provide a consistent UI across all configurations of both hybrid types. in short, with Windows 8, you can more easily get a combined solution with fewer painful compromises. But this is where I think it gets interesting.

As mentioned above, there are two types of hybrids: one that’s an internal hybrid that shifts internal models (ARM to x86); and one that’s a physical hybrid shifting external models (laptop to tablet). ARM and x86 technology providers tend to work poorly together, and this is where I think AMD’s opportunity may reside.

Right now, if an ARM part is designed for a notebook or an x86 part for a tablet, both are taken outside their comfort areas. like a tennis player trying wrestling or a wrestler competing in tennis, neither will be as good as they are in the areas where they’re designed to excel.

ARM is best when power is most limited, and x86 is best when performance is the key criterion. The current class of successful hybrid cars tends to have an electric engine for economy and a gas engine for performance and range. This automotive model suggests that the perfect hybrid would not only morph between tablet and notebook, but it would have an x86 processor in notebook mode and an ARM processor in tablet mode.

This would allow it to perform as well as a standalone product (with one exception I’ll get to in a moment) in either class. This is because as a notebook, it would be a full notebook — not a tablet trying to be one — and as a tablet, it would be a full tablet — not a notebook trying to be one.

AMD, with ARM, could create a blended x86/ARM offering that would be an optimized system much like the electric/gas systems in today’s hybrid cars are increasingly designed more as a system, and less as an electric engine poorly coupled with a gas engine. This would allow AMD to be well differentiated from both Intel and the existing ARM vendors and, rather than being a constant market follower, become a new market leader on top of Windows 8 — and likely become the favored core of Windows 9.

That strategy would make Rory Read’s comments make sense and, if successfully executed, create a far more interesting set of solutions and choices this decade.

Maybe we could call them Super Hybrids?

I made the ThinkPad X1 my product of the week several times last year, both when it was announced and after it became my primary carry box.

It was a predecessor to the Ultrabook class of products that we’ll see more of this week at CES. The only problem I’ve had with the X1 is battery life. even with the extended battery, it was around six hours, which meant that watching movies on a plane often gave little reserve for work on a coast-to-coast trip (typically I work for a couple of hours in the airport before leaving) unless I charged right up until boarding.

And it wasn’t enough to leave the charger in the room.

The ThinkPad X1 Hybrid has an ARM processor that allows the user to switch to the lower-powered mode for entertainment, typically one of the reasons I carry a tablet. in ARM mode, the battery life effectively doubles to around eight to 10 hours with the normal battery, and 12 to 14 with the extended battery. That is clearly tablet territory.

The custom Linux-based OS is more secure than Android, but without the Android Market, the user will be limited to enjoying media, browsing the Web, and light document editing, for the most part.

Switching modes is as easy as clicking an icon, and this will suspend an existing session when switching modes. because this product is the first hybrid/crossover product announced this year running Windows, and because this idea of a blended product will likely define 2012, the ThinkPad X1 Crossover is my product of the week. It just goes to show, you sometimes improve on perfection by adding the word “hybrid” to it.

Technology News: Tech Buzz: The Rebirth of the Hybrid Laptop: AMD’s Opportunity

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Dec 24

Samsung Dodges Another Apple Patent Bullet

A judge in Dusseldorf, Germany, has reportedly issued a preliminary ruling stating that minor tweaks Samsung made to its Galaxy Tab 10.1 tablet’s design mean the device no longer violates Apple’s (Nasdaq: AAPL) European patents on the iPad.

That means, in essence, that Samsung can continue selling the redesigned tablet, designated the “Galaxy Tab 10.1N,” in the European market.

Earlier this month, a regional court in Mannheim, Germany, ruled against Apple and in favor of Motorola Mobility (NYSE: MMI) on a patent regarding technology that’s essential to wireless communications. on Tuesday, the United States International Trade Commission ruled that HTC had violated an Apple patent.

However, like Samsung, HTC is making a minor tweak to its devices to get out from under the ruling.

Apple’s patent litigation strategy is crucial to its competitiveness in the global smartphone market because “copyists and follow-on competition needs to be thwarted … and patents are the tool of choice,” said Raymond Van Dyke, a Washington, D.C.-based technology attorney and consultant.

Apple’s court wins means “companies have to redesign or design around features found infringing, driving up their costs,” Van Dyke told MacNewsWorld.

“Alternatively, they may seek a license for those features without a good design,” Van Dyke added. “Either way, their costs go up, making Apple’s products more competitive.”

Corporations can use litigation to meet various goals, including vindication, protection of market share, and to curtail the competition, Van Dyke stated.

HTC says it intends to work around the technology the ITC ruled it violated in Apple’s patent. The company reportedly expects to be able to implement this workaround in time to beat the April 2012 deadline when the ITC ruling takes effect.

Meanwhile, Samsung, only had to change the Galaxy Tab 10.1′s bezel, put the speakers in the front of the device and rename it the “Galaxy Tab 10.1N” to get the preliminary nod from the court in Dusseldorf. a final ruling is expected Feb. 9.

In other words, the burden of meeting the requirements of court rulings in Apple’s favor has so far been relatively light.

“There apparently won’t be too much of a delay, if any at all, in time to market, nor does there seem to be much to do by way of having to make major changes to production lines,” Rob Enderle, principal analyst at the Enderle Group, told MacNewsWorld.

The preliminary ruling in Samsung’s favor “at least suggests there may be a path around Apple,” Enderle said. However, “we are far from the end of this war.”

Android device makers have been putting up a vicious fight in their patent war with Apple. For example, Apple’s win against HTC on its so-called 647 patent was the only hit out of 10 patents Cupertino threw at it, patents consultant Florian Mueller pointed out.

Motorola won against Apple in a Mannheim, Germany, court, and a court in Australia has ruled that Samsung can continue selling the Galaxy Tab 10.1 there.

However, Apple is still in a strong position.

The lawsuits “continue to showcase Google’s (Nasdaq: GOOG) weak patent defense, and Samsung is their strongest partner in this regard,” Enderle pointed out. “Google will have to develop a significant patent defense, and … that means either buying or licensing Palm from HP (NYSE: HPQ) or buying [Research in Motion].”

Further, Apple “has Intel’s (Nasdaq: INTC) old chief counsel, and Intel’s strategy was scorched earth — basically using litigation to bleed the competitor dry, win or lose,” Enderle remarked. “NEC won, for instance, but had to exit the market anyway.”

Apple, Samsung and HTC did not respond to requests for comment for this story.

Samsung Dodges Another Apple Patent Bullet

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Nov 02

Motorola Smartphone Sales Miss, as Xoom ...

Motorola Mobility (NYSE:MMI) reported weaker than expected sales of its Android smartphone and tablet units for its third quarter, including 4.8 million Android smartphones and only 100,000 Xoom Honeycomb tablets.

Motorola, which is in the process of being acquired by Google (NASDAQ:GOOG) for $12.5 billion, reported earnings of $3.26 billion on 12 cents per share. While this was an 11 percent boost from a year ago, it fell short of Wall Street analysts’ consensus of $3.37 billion on 6 cents per share.

Motorola boosted smartphones sales by 9.1 percent for Q3, as sales of its first Atrix handset, the Droid 3 and other smartphones grew by 400,000 units. Jefferies & co. analyst Peter Misek had been modeling Motorola to report sales of 5.1 million smartphones for the quarter.

The weaker-than-expected showing could mean the company won’t meet its projected target of 21 million to 23 million smartphone sales for 2011, noted Susquehanna Research analyst Jeffrey Fidacaro, who was expecting 5.5 million Android sales and suggested that the company lost 30 basis points of worldwide smartphone market share to Samsung, HTC and others.

However, Fidacaro also allowed that Motorola could get a nice boost in the fourth quarter from full quarter sales of the high-end Droid Bionic handset, as well as the launch of the Droid Razr, a 7.1-inch-thin Android handset that will go on sale Nov. 10.

At 100,000 units, Motorola’s Xoom sales were atrocious against even the company’s own Q2 sales of 440,000 Xoom slates. By comparison, Apple sold 11.1 million iPads in its third quarter. Misek, who had been expecting 300,000 Xoom unit sales, said HP’s $99 TouchPad firesale hurt Motorola.

The tablet maker even launched a 4G LTE Xoom in September and a discounted "family edition" Xoom earlier this month, but failed to spark sufficient interest for the first Honeycomb tablet in the market.

While Motorola is reportedly working to roll out two new 4G  LTE Xoom machines this holiday, it won’t get any easier for the Xoom.

Misek also expects Amazon’s Kindle Fire to squeeze the Xoom in Q4. The Fire, which will launch Nov. 15 for $199, could sell up to 5 million units during the holiday season.

     >>> More Enterprise Mobility Articles          >>> More By Clint Boulton  

Motorola Smartphone Sales Miss, as Xoom Face-Plants

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Sep 19

iPad, PlayBook Squeezed Android Tablets: IDC

Led by Apple’s (NASDAQ:AAPL) iPad and machines based on Google’s (NASDAQ:GOOG) Android operating system, the tablet market took off in the second quarter.

Worldwide shipments of tablets totaled 13.6 million units, soaring 89 percent in Q2, according to IDC. The popular iPad 2 accounted for 9.3 million units shipped, comprising 68 percent of the global market.

Android tablets, including those based on the Android 2.3 "Gingerbread" build and the tablet-tailored "Honeycomb" OS, totaled 26.8 percent, down from 34 percent from Q1.

Who or what is responsible for that slide?

Research in Motion’s (NYSE:RIM) Blackberry PlayBook gobbled the chunk of share from Android. IDC said the PlayBook, which reportedly sold over 500,000 units soon after launch in April, nabbed 5 percent of the tablet market. "Apple’s strength and RIM’s entrance meant bad news for Android-based media tablets," IDC said.  

Also, IDC expects HP will sell a million TouchPads by year’s end, thanks to its bargain-basement discount to $100 for the end-of-life slate.

HP decided it didn’t want to compete with the iPad, Android and other players who have head starts. The vendor’s fire sale will help its webOS claim 4.7 percent market share in Q3 before the platform share vanishes completely in 2012.

Things will get worse before they get better for Android tablets. IDC said the platform will continue to hemorrhage market share, slipping to 23 percent in Q3 before seeing an upturn to 26 percent in Q4. IDC suggested the proliferation of "price-competitive Android products" in the market will contribute to Android’s share gains.

Today, most Android tablets cost between $400 and $700, and none of have been able to suitably challenge the $500 iPad on price, functionality and form factor.

Amazon.com (NASDAQ:AMZN) is expected to launch its Kindle Tablet, which could cost $300 or less. Such products would certainly lure some holiday shoppers Apple’s iPad might otherwise claim.

The Kindle Tablet and other low-cost tablet models could change the dynamic over time.

"Apple’s iOS share will continue to lead by more than 40 percentage points over Google’s Android for the remainder of the year, but we expect Apple’s share to fall closer to 50 percent by the end of the forecast period as manufacturers bring new tablets to market," said IDC analyst Jennifer Song.

However, IDC isn’t ready to classify the Kindle Tablet as, well, a tablet.

Song said that because the slate, which reportedly leverages a 7-inch screen, has a full-color screen and runs a custom version of Android with Amazon’s content services, IDC believes the device will be more like Barnes & Noble’s Color Nook e-reader than Apple’s iPad 2. Song said IDC is calling the Kindle Tablet an e-reader, sight unseen.

Despite this creative accounting, IDC ratcheted up its 2011 tablet shipment forecast from 53.5 million units to 62.5 million units, largely on the strength of the iPad.

   >>> More Desktops and Notebooks Articles          >>> More by Clint Boulton  

iPad, PlayBook Squeezed Android Tablets: IDC