“Amazon.com Inc, which revolutionized reading with its Kindle e-reader, is expected to unveil a tablet computer this week that analysts say will seriously challenge Apple’s market dominating iPad,” Dhanya Skariachan, Phil Wahba and Alistair Barr report for Reuters. “Amazon on Friday invited media to a press conference to be held in New York on Wednesday, declining to provide further details.”
“But analysts were confident that the world’s largest Internet retailer will introduce its long-awaited tablet computer this year to expand in mobile commerce and sell more digital goods and services,” Skariachan, Wahba and Barr report. “‘Wednesday is tablet day,’ BGC partners analyst Colin Gillis told Reuters. ‘The real issue here is that, you know, it is likely going to be good for consumers; is this going to be good for shareholders?’ Gillis said. He wondered whether Amazon would price the tablet below those of rivals — and thereby do little to boost margins.”
Skariachan, Wahba and Barr report, “It will be a 7 inch device with a full color, touch screen, run on Google’s Android software and cost $250, the blog said, well below the price of the least expensive iPad.”
MacDailyNews Take: With a screen just 45% of iPad’s size and dependent upon a half-baked, highly-fragmented, insecure OS that’s subject to dozens of patent infringement cases around the world and suffering from tremendous tablet AppLack™, it ought to be even cheaper.
Skariachan, Wahba and Barr report, “Robert Baird & Co analyst Colin Sebastian said in a note last month than an Amazon tablet would be a ‘game-changer.’ Sebastian forecast the device could sell 3 million units in its first year. The tablet could pose a major threat to Apple because of the Kindle’s popularity and the movie and music services Amazon sells.”
Read more in the full article here.
MacDailyNews Take: 3 million in a year is a “major threat” on which planets, exactly? The planet “Pump AMZN” or the planet “Short AAPL” or both? Apple currently sells over 3 million iPads every 30 days. That number will only increase. Any analyst who thinks a 7-inch color Kindle is a “serious challenge” to Apple’s iPad does’t even remotely understand the marketplace they claim to cover. Any analyst who types it or says it is a fool.
Related articles:
Analysts claim Amazon’s tablet will be serious challenge to Apple’s iPad – September 26, 2011
Amazon to hold media event on September 28th – September 23, 2011
Vendors cast doubts on success of 7-inch Amazon tablet, Android Ice Cream Sandwich vs. iPad – September 22, 2011
