Tuesday, May 3, 2016

Amazon Shipment Jumps At Colossal Rate


The e-commerce giant has garnered an increase of 5421.7% in its tablets' shipments

In the first quarter of the year, Amazon.com, Inc. posted a colossal 5421.7% in its tablet shipments, according to a new study. The results are incredible as the tablet market has been amidst an acute decline.
International Data Corporation (IDC–an analysis firm –compiled that during the first quarter, the e-commerce giant has shipped around 2.2 million tablets          which is substantially higher than the 40,000 tablets shipped in the year-ago same period. The firm, in a press release on Thursday, cited that the Amazon’s low cost Fire tablet is not something revolutionary or novel however its humungous success endorse the strong dominance which the company has as a distribution powerhouse which has also make it to be a household name. However there is one chief limitation.
The research firm has said: “Though the year-over-year growth is an astronomical 5421.7%, it is important to note that Amazon’s 1Q15 lineup featured a 6 inch tablet which was not counted by IDC as it did not meet the requirements of our taxonomy.” The subject Amazon Fire HD 6 is a six inch tablet which didn’t meet IDC’s requirement of a “tablet.”
On a whole, the global shipment of the tablet declined by 14.7% and stood at 39.6 million. In the first quarter of 2015, the global shipment came at 46.4 million. The infamous “slate tablets” continued the trend of decline but accounted for 87.6% of all shipments. According to IDC, the highlight for the company was that its 2-in-1 tablets or those which like Apple’s iPad Pro came with detachable keyboards undergone triple-digit year-over-year growth –a record high for a calendar year’s first quarter –with shipments of more than 4.9 million units.    
The 2-in-1 space has strong competition. Microsoft –who has been the pioneer in innovating the gadget has recently launched the Surface Book while the CupertinoCalif. tech giant, Apple Inc. has released its iPad Pro last year. China based tech companies including Huawei and Lenovo also have similar products in the category.
IDC has said that Microsoft is being beaten by the most valuable company in its own game. In a press release, senior research analyst of IDCJitesh Ubrani, “With the PC industry in decline, the detachable market stands to benefit as consumers and enterprises seek to replace their aging PCs with detachables.”
At the market which closed on Friday, Amazon.com, Inc.’s stock stood at a price of impressive $659.59. The 52 week range of the stock is $414 to $669.


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