Xiaomi's MiPad: An Apple iPad Mini Killer?

The global tablet market just isn't the growth market it used to be.

Although the market still expanded in the most recent quarter for which data is available, the global tablet market was only able to expand at a paltry 3.8% according to research firm IDC. Among specific companies, Apple's (NASDAQ: AAPL  ) iPad maintained its place as the world's most popular tablet, although shipments of its highly popular iPads declined from the same quarter last year.

If this quarter bears any indication, it could be a hard year for Apple in the tablet market. Beyond slowing market growth, there's another good reason to worry over the iPad's performance in 2014 as well: increased competition.

Exhibit A: Xiaomi's MiPad
Although we could easily focus on Microsoft's (NASDAQ: MSFT  ) recently launched Surface Pro 3, Xiaomi's recently unveiled MiPad is an equally serious, if not more so, threat to the iPad Mini.

At first glance, the MiPad appears to bear an uncanny resemblance to the iPad Mini, while the names of the two products also share some striking similarities. Beyond just device specifics, Xiaomi has proven it's the real deal, with its quick ascent as a force to be reckoned with in the Chinese smartphone market. In the video below, tech and telecom specialist Andrew Tonner argues that Apple investors should certainly be alarmed by Xiaomi's MiPad.

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Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On May 26, 2014, at 9:22 AM, Tracer2 wrote:

    It's the software stupid.

    Specs and price really mean nothing but disappointment to the customer if they don't consider the Software they will be using. And currently Apple's iOS is leading the tablet world by a huge margin in the amount Software available and the capabilities of that Software.

    When the competition can match the Software then we can go on to Security.

  • Report this Comment On May 26, 2014, at 9:59 AM, Filters wrote:

    Idiot!!!!

  • Report this Comment On May 26, 2014, at 10:26 AM, Tracer2 wrote:

    It's the software stupid.

    Specs and price really mean nothing but disappointment to the customer if they don't consider the Software they will be using. And currently Apple's iOS is leading the tablet world by a huge margin in the amount Software available and the capabilities of that Software.

    When the competition can match the Software then we can go on to Security.

  • Report this Comment On May 26, 2014, at 4:22 PM, HuFlungDung wrote:

    Dude, don't you realize that by now, you have lost all your credibility?

    This is what, your 144th article with "Apple Killer" in its title?

  • Report this Comment On May 26, 2014, at 6:17 PM, cotten999 wrote:

    This is the problem with "journalism" today. Idiot writers trying to get Google dollars with minimal research.

    Apple's sales for iPad did not drop. Last quarter's sales were inflated due to Apple's inability to ship the then new iPad mini on time due to very high demand.

    Therefore the number of iPads shipped in the non Xmas quarter were the filled back orders.

    How hard is this for you to understand this?

  • Report this Comment On May 27, 2014, at 10:02 PM, onlinepredator wrote:

    Sorry are you guys stupid? MI Pad is for China, in china iPhone is the 5th most popular phone, there is no good alternative to the Ipad until now, this will remove the dominance of the iPad in China for sure!

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Leaked: Apple's Next Smart Device
(Warning, it may shock you)
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