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All right you can perhaps file this one -- -- -- and -- that they thinking Best -- jumping into the tablet wall with -- insignia -- even the name business but -- this happened already -- controlling the tablet market with.
Google and Amazon right behind so is this the best move for the Best Buy.
From a gray joins us from the -- -- with more Robert.
-- you wonder how they'll try to flex their marketing muscle and a shelf space that could be quite a fight there in Best Buy store selling -- any of these other products.
The question is if they -- -- will they buy -- well -- remains to be seen a tablet market we know is indeed growing if you look at the global tablet sales.
Some 45 million sold in the second quarter according to IDC -- up a third from.
The first quarter up two thirds from the prior year's if you look at those -- numbers vacancy were some robust sales the competition though.
Is -- that you're looking the global tablet market share.
Apple app for -- ipads 68%.
Of that Samsung.
-- comes in number two would just below it 10% Amazon and does so on down to judge -- -- that -- miniscule marketshare really according to IDC.
And you think about it their prices are kind of they would be targeting of reportedly the lower end market here a -- about ten to 39 bucks.
For -- -- level priced at lower prices doesn't equal more revenue we know Best Buy stock.
Really ran up about a decade ago is flat panels really came onto the market look what happened -- flat panel sales.
Collapsed over the past seven years.
Perhaps coincidentally perhaps not best buys stock has done this candidly we have a chart that shows the two -- -- Not a pretty picture for Best -- shareholders the stock down near decade lows so as prices really came down.
Best Buy well BC the stock -- down and of course they are perhaps on the block here as well as a very crowded field out there actually I'd better way.
The list doesn't only include apple you've got surfers from Microsoft be unveiled next week Barnes & Noble Amazon.com.
With smaller formats out there you've got.
The leap frog -- had even Toys 'R' Us is making their own tablet these days.
Not to mention Google and Samsung so he really have -- heated battle IDC sums it up nicely in their report that said there's a risk.
People have too many options from which to choose this holiday season they may default of the market leader apple.
Or just sit this one now back to you and -- interest in -- great thank you we're rolling out aren't tablet sometimes and certain mean you.
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