Xplore Technologies (NASDAQ:XPLR) sells a line of rugged mobile tablet PC systems and accessories able to withstand hazardous conditions such as extreme temperatures, rain, vibrations, dirt, dust and shocks.
The primary end markets and customers are shown in the chart below.
(click to enlarge)
Source: Company presentation
Never bring a knife into a gunfight - or an iPad into the field
The third place ranking behind Samsung and Apple in a tablet test is more positive than it appears due to a gradually changing paradigm shift among customers. XPLR was the only rugged tablet manufacturer selected out of 19 total vendors so the rank effectively improves to first. The threat from iPad (or a Galaxy) in...
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