Is This Device an iPad Killer?

google nexus 7-features-rowhome-frontbackGoogle’s (NASDAQ:GOOG) Nexus 7 tablet beat sales of Apple’s (NASDAQ:AAPL) iPad in Japan over the holiday season, according to data from research firm BCN. The biggest factor going in the Google tablet’s favor was price, according to the report. The Nexus 7, which is manufactured by Asus, costs around $100 less in Japan than the iPad mini.

Should you buy or sell Apple’s stock ahead of earnings in a few days? Our 20-page proprietary analysis will help you save time and make money. Click here to get your SPECIAL REPORT now.

The iPad has been the top-selling tablet in Japan since its launch in 2010. But the latest survey, conducted in consumer electronics stores across the country, found that the Nexus 7 took 44.4 percent of the market, while the iPad managed 40.1 percent. Local manufacturers, including Sony (NYSE:SNE) and Fujitsu, had minuscule market shares. The survey noted that supply shortages experienced by the Apple tablet may have hurt sales figures as well.

Start 2013 better than ever by saving time and making money with your Limited Time Offer for our highly-acclaimed Stock Picker Newsletter. Click here for our fresh Feature Stock Pick now!

According to Nikkei, a total of 3.6 million tablets were sold in the country last year, almost thrice the number during 2011. Sales are expected to grow to 4.9 million this year and reach 7.8 million by 2016.

Don’t Miss: This Analyst is Sticking to a $1,111 Apple Target.