CAPE GIRARDEAU, Mo., Nov. 21, 2011 /PRNewswire/ --The tablet industry, projected to be a $70Billion market in 2014, is growing at a rapid rate. The rate of growth is over $40Million per day, as consumers have quickly adopted top devices from Apple, Amazon, Samsung, Sony and other manufacturers. XF.com Investments has decided to put Tablets.com up for offers, due to the tremendous opportunities that lie ahead in this market.
The rolling odometer on the Tablets.com website shows just how rapidly this industry is growing. RBC Capital Markets expects the tablet market to reach 185 million units sold in calendar 2014, up 83 percent compound annual growth rate (CAGR) from 17 million units in calendar 2010. XF.com Investments, based in Missouri, has not set an asking price for the asset.
"We are going to let the market determine the final sales price," said Aron Meystedt with XF.com Investments. "We feel the size and growth of this industry will drive the final sales price of Tablets.com up, however, we haven't set a target price yet," he added. "Once a bid comes across that we feel is fair for this opportunity, we will accept it and move forward."
Recent sales have shown the true value of a category leading domain name. Toys.com, Clothes.com, Sex.com (and many unreported sales) have traded hands for 7 and 8 figure sums. Recently, Citrix assigned an $18Million value to their Cloud.com domain name, which it acquired as part of an overall $200Million Cloud.com business purchase earlier this year. "This further illustrates the value of a top .com in a growing tech category," Aron added. Additionally, the tablet industry is producing several major investments and buyouts, including this week's agreement for Rakuten to pay $315Million for tablet creator Kobo.
Meystedt adds, "XF.com Investments feels this is a tremendous opportunity for a company or investment group to enter a fast growing market with the top domain name to help propel their business forward." Tablets.com enables a company to:
Convey market dominance.
Increase traffic to brand content.
Receive top search engine placements.
Own the category defining domain asset for this industry – projected to be $70Billion in 2014.
Establish instant credibility and trust in the marketplace.
About XF.com Investments
XF.com Investments is known for owning the very first .com registered on the Internet: Symbolics.com (dating back to March 15, 1985). XF.com invests in short acronyms such as HY.com and YQ.com as well as one word domains like Copier.com and March.com. XF.com Investments is privately held and based in Missouri.
For Serious Inquiries:
Aron Meystedt, XF.com Investments
Phone: 1 573 803 1120