Phablets Call Into Question Future of 10" Tablet - Analyst
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Rating Summary:
52 Buy, 2 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
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A phablet is a smartphone with a screen size between 5 and 8 inches. After attending the 2013 Mobile World Congress (MWC), analysts at Deutsche Bank said trends clearly favor devices of this type, which straddle smartphones and tablets.
"Reviewing the meaningful product announcements at the show, we see a theme of device form factor convergence emerging with the sweet spot for mobile devices shifting to 5" to 8" phablets with cellular connectivity vs. purpose-built 4" smartphones and 10" tablets. The 7" Asus Fonepad tablet with 3G connectivity at $249 and 8" Samsung Note 8 are compelling examples of this trend," said analyst Ross Seymore.
Seymore thinks these devices call into question the future of the 10" tablet.
For chip makers, the analyst said he continue to see a precious few chip companies that have the ability to succeed in this space, with QUALCOMM (Nasdaq: QCOM), Intel Corporation (Nasdaq: INTC), Broadcom Corp. (Nasdaq: BRCM) and Avago Technologies Limited (Nasdaq: AVGO) appearing best positioned.
Deutsche Bank has a Buy rating on Avago Technologies price target of $40.00
For an analyst ratings summary and ratings history on Avago Technologies (Nasdaq: AVGO) click here. For more ratings news on Avago Technologies click here.
Shares of Avago Technologies closed at $33.70 yesterday.
"Reviewing the meaningful product announcements at the show, we see a theme of device form factor convergence emerging with the sweet spot for mobile devices shifting to 5" to 8" phablets with cellular connectivity vs. purpose-built 4" smartphones and 10" tablets. The 7" Asus Fonepad tablet with 3G connectivity at $249 and 8" Samsung Note 8 are compelling examples of this trend," said analyst Ross Seymore.
Seymore thinks these devices call into question the future of the 10" tablet.
For chip makers, the analyst said he continue to see a precious few chip companies that have the ability to succeed in this space, with QUALCOMM (Nasdaq: QCOM), Intel Corporation (Nasdaq: INTC), Broadcom Corp. (Nasdaq: BRCM) and Avago Technologies Limited (Nasdaq: AVGO) appearing best positioned.
Deutsche Bank has a Buy rating on Avago Technologies price target of $40.00
For an analyst ratings summary and ratings history on Avago Technologies (Nasdaq: AVGO) click here. For more ratings news on Avago Technologies click here.
Shares of Avago Technologies closed at $33.70 yesterday.
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