Apple 'Should Be In No Rush' to Release iPad 3

Apple 'should be in no rush' to release the iPad 3 thanks to the shortcomings of its competitors, reports J.P. Morgan analyst Mark Moskowitz.

"In our view, Apple should be in no rush," he said. "The other tablet entrants have stumbled so far, and that trend-line could persist deep into 2012."

HP recently exited the tablet business altogether putting its TouchPad on firesale. RIM yesterday announced that it had only shipped (not sold) 200,000 PlayBooks in the last quarter and Sony's upcoming tablet didn't fair well in Moskowitz's analysis.


"To us, Sony's tablet lacks the refined, sleek feel of the iPad and its bezel-like back is not user-friendly," he wrote in a note to investors. "Lastly, the sony tablet runs on the Android O/S, which has failed to garner as much interest in tablets as it has in smartphones."

Moskowitz is lukewarm on the Amazon tablet and says the real competition will come late next year with Windows 8 tablets.

"Amazon's Kindle may not be a harbinger of the company's future success in tablets, in our view," he said. "Until we see how Amazon fares, we think the next potential threat to Apple's tablet dominance is not until late 2012 when Windows 8-based tablets could hit the market."

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