Digital content has been available for years but the right vehicle to consume the content has been lacking. We still cut down trees and hand deliver newspapers to people's homes. That worked in 1900 but 2009? Are you kidding me? The iTouch Tablet is about to change society as we know it. The demand for this product is going to overwhelm Apple (AAPL).
Let’s connect the dots from the latest round of leaks, rumors and inferences regarding the Apple Tablet. In March, Reuters reported that Apple had ordered a substantial batch of 10 inch touchscreens from Taiwan to be delivered in Q3 of 2009. In April, the Wall Street Journal reported that Steve Jobs was actively involved in the development of the Tablet. In July, the China Times reported that Apple will debut their new product in October for $800 after agreeing to production deals with Foxconn, Wintek, and Dynapack. TheStreet.com is reporting that Apple will release a subsidized Tablet through Verizon (VZ). Then, in this week's earnings call, Apple management went out of their way to trash the netbook space but they refused to deny the coming Tablet, saying they will only release products that are ‘innovative and that they are proud of'. These are all reputable sources that seem to unveil the secrecy surrounding the pending product.
Will the tablet have a substantial impact on Apple’s core business? I see this device taking its place at the high end of the iPod family; it will be a larger version of the iPod Touch. This product won’t fall quietly into place however. The iTouch Tablet launch is primed to be the most significant in the history of Apple.
Continue reading the full story Seeking Alpha
No comments:
Post a Comment