TechCentralTechCentral
    Facebook Twitter YouTube LinkedIn
    Facebook Twitter LinkedIn YouTube
    TechCentralTechCentral
    NEWSLETTER
    • News

      Standard Bank IT spending tops R10-billion in six months

      19 August 2022

      Hungry Prosus to splurge up to R30.7-billion on iFood stake

      19 August 2022

      Koeberg unit shut down due to mechanical fault

      19 August 2022

      Blue Label expects robust full-year earnings growth

      19 August 2022

      Sarb tells banks they should work with crypto exchanges

      18 August 2022
    • World

      15 September pegged as target date for ethereum’s big ‘Merge’

      19 August 2022

      Qualcomm gets serious about servers

      19 August 2022

      China blasts US over ‘discriminatory’ Chips Act

      18 August 2022

      Tencent reports first-ever sales decline

      17 August 2022

      Chip makers are flashing a big warning for the global economy

      17 August 2022
    • In-depth

      Are you a chronic procrastinator? Read this!

      18 August 2022

      Semiconductor boom turns to bust

      16 August 2022

      African unicorn Flutterwave battles fires on multiple fronts

      11 August 2022

      The length of Earth’s days has been increasing – and no one knows why

      7 August 2022

      As Facebook fades, the Mad Men of advertising stage a comeback

      2 August 2022
    • Podcasts

      Qush on infosec: why prevention is always better than cure

      11 August 2022

      e4’s Adri Führi on encouraging more women into tech careers

      10 August 2022

      How South Africa can woo more women into tech

      4 August 2022

      Book and check-in via WhatsApp? FlySafair is on it

      28 July 2022

      Interview: Why Dell’s next-gen PowerEdge servers change the game

      28 July 2022
    • Opinion

      How AI could transform financial services in emerging markets

      19 August 2022

      No reason South Africa should have a shortage of electricity: Ramaphosa

      11 July 2022

      Ntshavheni’s bias against the private sector

      8 July 2022

      South Africa can no longer rely on Eskom alone

      4 July 2022

      Has South Africa’s advertising industry lost its way?

      21 June 2022
    • Company Hubs
      • 1-grid
      • Africa Data Centres
      • Altron Document Solutions
      • Amplitude
      • Atvance Intellect
      • Axiz
      • BOATech
      • CallMiner
      • Digital Generation
      • E4
      • ESET
      • Euphoria Telecom
      • IBM
      • Kyocera Document Solutions
      • Microsoft
      • Nutanix
      • One Trust
      • Pinnacle
      • Skybox Security
      • SkyWire
      • Tarsus on Demand
      • Videri Digital
      • Zendesk
    • Sections
      • Banking
      • Broadcasting and Media
      • Cloud computing
      • Consumer electronics
      • Cryptocurrencies
      • Education and skills
      • Energy
      • Fintech
      • Information security
      • Internet and connectivity
      • Internet of Things
      • Investment
      • IT services
      • Motoring and transport
      • Public sector
      • Science
      • Social media
      • Talent and leadership
      • Telecoms
    • Advertise
    TechCentralTechCentral
    Home»News»Tablets to drive Mustek growth

    Tablets to drive Mustek growth

    News By Duncan McLeod21 February 2013
    Facebook Twitter LinkedIn WhatsApp Telegram Email

    tablets-640

    A growth in market share in tablets by PC makers, at the expense of Apple, which makes the market-leading iPad tablet, should help boost JSE-listed technology distribution company Mustek’s revenues in future, it says in notes accompanying its interim results, which were published on Thursday.

    “For some time, sceptics have argued that the PC will be replaced with new devices such as the tablet,” Mustek says. “Apple dominates this form factor and Mustek was excluded from this opportunity. However, statistics indicate that the other brands are catching up and Apple is steadily losing its tablet dominance.”

    Mustek says it believes this will help it become “key player” in South Africa’s tablet computer market as it supports PC manufacturers taking devices to market. “Over the next few years, this is likely to be a positive revenue driver.”

    Education is likely to boost tablet sales, the company says. “Mustek undertook considerable research into the merits of these particular devices, but also how these tools can best be used in the classroom. Whereas tablets are taking the education world by storm outside of South Africa (and Africa), locally there is still some work to be done to extol the value of tablets and how they can improve teaching and learning. This year presents a great platform to maximise this opportunity.”

    For the six months ended 31 December 2012, Mustek reported headline earnings from continuing operations of 29,52c/share, up sharply from 14,18c/share a year ago.

    This came on the back of a 10% improvement in revenue, to R1,8bn, supported mainly by the addition of the Acer and Lenovo product lines. Profit before tax jumped up by a third to R42,5m.

    Despite the significant depreciation in the value of the rand, Mustek managed to reduce foreign currency losses through an active hedging programme designed to contain severe volatilities in the exchange rate, adding to profit from operations.  — (c) 2013 NewsCentral Media

    Acer Apple Lenovo Mustek
    Share. Facebook Twitter LinkedIn WhatsApp Telegram Email
    Previous ArticlePaperight: books on demand
    Next Article New challenger to DStv

    Related Posts

    Standard Bank IT spending tops R10-billion in six months

    19 August 2022

    Hungry Prosus to splurge up to R30.7-billion on iFood stake

    19 August 2022

    Koeberg unit shut down due to mechanical fault

    19 August 2022
    Add A Comment

    Comments are closed.

    Promoted

    Does your contact centre have the CX factor?

    19 August 2022

    Entelek, A2pay to roll out 2 500 free Wi-Fi sites in South Africa

    18 August 2022

    Companies are drowning in data – but solutions are at hand

    18 August 2022
    Opinion

    How AI could transform financial services in emerging markets

    19 August 2022

    No reason South Africa should have a shortage of electricity: Ramaphosa

    11 July 2022

    Ntshavheni’s bias against the private sector

    8 July 2022

    Subscribe to Updates

    Get the best South African technology news and analysis delivered to your e-mail inbox every morning.

    © 2009 - 2022 NewsCentral Media

    Type above and press Enter to search. Press Esc to cancel.