The following video is part of our "Motley Fool Conversations" series, in which developer Chris Bledsoe and senior technology analyst Eric Bleeker discuss topics around the investing world.
In today's edition, Eric and Chris talk about a new forecast from NPD that predicts 383 million tablet sales by 2017. Eric notes that forecasts in the mobile space are typically horrible, with predictions as short as two years ago that Nokia would own the smartphone space in 2015. Mobile markets are just too dynamic to predict with much accuracy beyond the next 12 months. In any case, if NPD does prove relatively accurate and tablets do grow by leaps and bounds, profits might not accrue across the industry. Much of the sales growth would be cheap tablets in emerging markets, a category with little room for profits. If you're looking for a tablet profit play, the only two hardware players worth their salt still look like Apple and Amazon.com.
Chris Bledsoe owns shares of Google. Eric Bleeker has no positions in the stocks mentioned above. The Motley Fool owns shares of Apple, Amazon.com and Google. Motley Fool newsletter services recommend Apple, Amazon.com and Google. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.