Pent-up demand for the new Kindle is even stronger than for the iPad 2
Click to enlarge. Source: RBC Capital
In a note to clients issued Thursday, RBC's Mike Abramsky shares the results of a ChangeWave survey of 2,600 early adopter types. Two key findings:
"Sustained Fire uptake and 'buzz,'" writes Abramsky, "will depend on consumer/reviewer reactions to Fire's user experience."
In a separate note, Rodman & Renshaw's Ashok Kuman repeats rumors that Apple (AAPL) may have scaled back iPad production by 1 to 2 million units "due to moderating sell-through."
Below: Comparing pent-up demand for the Fire and the iPad.
Even after Tuesday's free-fall, Amazon's shares cost seven times more than Apple's
It's never been adequately explained to me why Amazon's (AMZN) shares are so expensive and Apple's (AAPL) so cheap.
Both stocks were punished after reporting their most recent quarterly earnings. Apple fell $23.62 (5.6%) last week when the company came in with iPhone sales that were lower than analysts expected, reducing profit growth to 54%. Amazon fell $10.46 (4.4%) Tuesday MORE
Philip Elmer-DeWitt - Oct 26, 2011 7:21 AM ET
Conventional wisdom says these two tech giants are on a collision course. Conventional wisdom is wrong -- and here's why.
By Kevin Kelleher, contributor
FORTUNE -- Now that Amazon and Apple are rivals, which one is likely to win? For the next few years, at least, the answer will be both.
The rivalry between Amazon (AMZN) and Apple (AAPL) has been emerging for some time. Earlier this year, Amazon launched the Amazon Appstore MORE
Oct 12, 2011 5:00 AM ET
Source: nbc.com
On Saturday Night Live last night, Weekend Update's Seth Meyers poured cold water on the Kindle Fire -- Amazon's (AMZN) $199 answer to Apple's (AAPL) iPad (starts at $499) -- with this line:
"It's expected to sell well," he said, "among parents who always buy the wrong thing."
Video here and below the fold. It's the third joke in.
Philip Elmer-DeWitt - Oct 2, 2011 1:42 PM ET
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* Amazon (AMZN) didn't just unveil one new Kindle, but four -- nearly one for every user scenario -- including the widely-anticipated Kindle Fire ($199), sporting a color screen and multimedia functionality; two flavors of the Kindle Touch ($99 for WiFi-only, $149 for 3G), with a black-and-white, e-ink touchscreen; and the Kindle ($79), a MORE
JP Mangalindan, Writer-Reporter - Sep 29, 2011 3:30 AM ETAnalysts and pundits expected a single competitor to Apple's iPad. Instead, they got a quartet of new devices ranging in price and functionality.
FORTUNE – It's official: Amazon didn't just have one new Kindle in the works, but four -- nearly one for every user scenario. The widely anticipated iPad competitor ended up being a quartet: the Kindle Fire, sporting a color screen and multimedia functionality; two flavors of the Kindle Touch, MORE
JP Mangalindan, Writer-Reporter - Sep 28, 2011 2:48 PM ET
A first peek at Amazon's answers to the iPad, priced from $79 to $199
Bezos with Fire. Photo: PED
The setting is a soundstage on Manhattan's West 37th Street. Four TV satellite trucks parked outside. A full battery of cameras. A tent full of journalists cooling their heels.
The event was scheduled to start at 10 a.m., but this is Amazon (AMZN), not Apple (AAPL), and we are running late.
10:03 The lights MORE
Philip Elmer-DeWitt - Sep 28, 2011 10:04 AM ETFor months, analysts have been expecting an iPad-like device worthy of taking Apple head on. Now it seems Amazon may have cooked up something very different -- and that shouldn't come as much of a surprise.
[UPDATE: Bloomberg News reports that Amazon's new Kindle is indeed called Fire and will retail for $199. The tablet reportedly sports a 7-inch color screen but lacks a camera or microphone. The device will have MORE
JP Mangalindan, Writer-Reporter - Sep 28, 2011 5:00 AM ET
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Part of Apple's enigmatic iPhone 5 invitation.
* Official invites for the unveiling of Apple's next iPhone on October 4 went out yesterday. Piper Jaffray's Gene Munster believes the company will only release one new model -- not an additional low-end version, as some have been speculating -- along with advanced MORE
JP Mangalindan, Writer-Reporter - Sep 28, 2011 3:30 AM ET
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* Facebook unveiled the "Subscribe" button that will allow its 750 million-plus active monthly users to better control what their friends share with them, including updates, photos, videos, and links. It will also let users "subscribe" to public status updates from others much in the same way Twitter lets its users MORE
JP Mangalindan, Writer-Reporter - Sep 15, 2011 3:30 AM ETEvery morning, discover the companies, deals and trends in tech that are moving markets and making headlines. SUBSCRIBE
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| Company | Price | Change | % Change |
|---|---|---|---|
| Bank of America Corp... | 7.95 | -0.16 | -1.97% |
| Intel Corp | 26.73 | -0.43 | -1.58% |
| Microsoft Corp | 31.27 | -0.17 | -0.54% |
| Ford Motor Co | 12.28 | -0.25 | -2.00% |
| General Electric Co | 19.39 | 0.17 | 0.88% |
| Index | Last | Change | % Change |
|---|---|---|---|
| Dow | 12,938.67 | -27.02 | -0.21% |
| Nasdaq | 2,933.17 | -15.40 | -0.52% |
| S&P 500 | 1,357.66 | -4.55 | -0.33% |
| Treasuries | 2.00 | -0.04 | -1.96% |
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