Amazon Is The Biggest Gainer In The Falling Tablet Market

At a time when the tablet market is witnessing a significant drop, Amazon.com, Inc. (NASDAQ: AMZN) is the biggest gainer. According to the IDC, overall tablet shipments recorded a 12.3 percent drop in the second quarter.

However, Amazon's tablet business witnessed a shipment of 1.6 million units in the three-month period compared to 0.1 million in the same quarter last year. Its market share jumped to 4 percent from just 0.3 percent in the previous year period. The company's tablet is ranked fifth in terms of the shipment. The news might be reassuring for investors that the company is moving in the right direction.

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For the second quarter, Apple Inc. (NASDAQ: AAPL) shipped 10 million tablets, representing a 9.2 percent drop on a year-over-year basis. However, its market share improved to 25.8 percent from 24.9 percent in the year-ago period, according to the IDC. This also ensured that the tech bellwether outperformed the market in the tablet space and retained the leadership position.

Samsung suffered the most by recording 24.5 percent year-over-year drop in shipments to just six million units, resulting in a loss of market share to 15.6 percent from 18.2 percent in the previous year period.

The third and fourth positions were occupied by China-based Lenovo and Huawei with a market share of 2.5 percent and 2.2 percent, respectively. The companies recorded year-over-year growth of 3.1 percent and 71.0 percent, respectively.