Americans: I Want an iPad for XMAS
Its official, every kid in America wants an iPad from Apple Inc (AAPL). Mastery believes enough parents are going to opt for the cheaper Nexus 7 and Nexus 10 by Google Inc. (GOOG) thanks to the iPad craze.
A Nielsen survey found 48% of kids aged 6 to 12 and 21% of kids over 13 years of age want to buy an iPad (AAPL) over the next 6 months. We anticipate the real Christmas wish list goes something like this: iPad, Nexus 10, Mini iPad, Nexus 7, then everything else.
Analysts believe Apple will sell 23 million iPads this quarter, followed by 19 million iPads next quarter. Google's Nexus 7 went on sale in July and the buzz says they are selling around 1 million per month. The Nexus 7 is taking a small bite from iPad sales, but its better than nothing. Everyone expects iPad and iPad Mini sales to pick up thanks to Black Friday, Cyber Monday and the shopping days leading up to Christmas. If Google can continue its 1 million a month mark and add to it with Nexus 10 sales -- Q4 is going to shape up well. The Nexus 4 won't hold a candle to the iPhone 5 sales this holiday season but its all great news for both Apple and Google. When it comes to shopping online Google made our Cue the 5 Best Cyber Monday Stocks list.
HOW THE STOCKS ARE TRADING
Google Inc (GOOG) shares are trading with a P/E Ratio of 20.9 and EPS of 31.92. Google closed at $665.87 today, its 16.42% from its 52-week low. Apple Inc (AAPL) shares trade with a P/E Ratio of 12.8 and EPS of 44.16. Apple Inc 's (AAPL) closed at $561.70 and its shares are 25.52% below its 12 month high.
Apple (AAPL) and Google (GOOG) shares are both wonderful, they are both "Buys" in our book. When it comes to the tablet choice, the smaller size is more convenient. Not only is it cheaper but the smaller size fits better into purses and backpacks. The iPad Mini and Nexus 7 takes less room when traveling and that 3 inch difference makes it easier to handle on airplanes.
Can't make up your mind which to buy, the iPad Mini or the Nexus 7? Here's a great 5 minute comparison of iPad Mini vs. Nexus 7 to help guide your decision:
Best of the Blogs
Scanning and identifying the best blog entries every hour
- Ryan Folds? - Republican Speaker Ready To Endorse Trump | ZeroHedge
- Market Recap May 24, 2016 | FundMyMutualFund
- Corporate Profits Point to Lower Stock Prices | Financial Sense
- Why the Brexit Vote Matters to US Investors | Financial Sense
- Detroit, Fresh Out Of Bankruptcy, Discovers $195M Pension Shortfall | ZeroHedge
- Market Recap May 25, 2016 | FundMyMutualFund
- ObamaCare Isn't Working - These Five Charts Show Why | ZeroHedge
The most relevant financial news and articles from the Internets
- Fully understand the IoT with this report | Business Insider
- Donald Trump spent much of a big rally thrashing Republican rivals who no... | Business Insider
- A robot made by SoftBank will work at Pizza Hut and take customer orders | Business Insider
- Judge will not reduce $140 million in damages... | Business Insider
- The world's largest Baptist college has come under scrutiny for failing to... | Business Insider
- Incredible photos give a totally unexpected perspective into how the 1% lives | Business Insider
- Canada and the UK want to talk about ransom payments at the G7 summit | Business Insider