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Friday, January 25, 2013
Amazon and Samsung are poised to win big as cheap tablets catch fire in Europe
Amazon and Samsung are poised to win big as cheap tablets catch fire in Europe:
Retailer Carphone Warehouse surprised retail observers in the United Kingdom by delivering a torrid 16% revenue growth for the December quarter. Interestingly, CW specifically pointed to cheap tablets from Amazon (AMZN) and Samsung (005930) as key drivers. Tablet sales spiked to a weekly peak unit sales rate of 40,000, up from just a 5,000 unit pace during the 2011 Christmas season.
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