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Analyst: Apple to continue mobile market domination


Based on continued strong sell-through trends for Apple’s iPad and iPhone, Canaccord Genuity technology analyst Michael Walkley told clients — as reported by “CIO Insight” ( — that he thinks Apple will maintain both market and value share leadership in the mobile device market.

Walkley’s report maintained the firm’s “buy” rating for the company, and noted strong sell-through indication trends for iPads with growing distribution and improved supply. As a result, Walkley increased his iPad unit estimates from 5 million to 6.3 million for the fourth quarter of 2010.

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