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Amazon Kindle Fire Sales Slump As Apple Boosts Tablet Share-Bloomberg

|Includes:AAPL, Amazon.com, Inc. (AMZN)

Amazon's (NASDAQ:AMZN) share of the tablet market dipped to 4% from 17% in the first quarter, while Apple's (NASDAQ:AAPL) market share increased to 55%. This really highlights the extraordinary strength of Apple and their ability consistently garner sales at a level that crushes the competition. The Kindle is a wonderful product at a cheaper price point but clearly the Apple remains dominant in their table business, with no close competition within sight.

http://www.bloomberg.com/news/2012-05-03/apple-increases-tablet-market-share-as-android-shipments-slump.html

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Stocks: AMZN, AAPL