This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Apple Tablet Geared as Kindle Killer

Updated for stock-price movement

NEW YORK ( TheStreet) -- With the Amazon (AMZN - Get Report) Kindle in its sights, Apple (AAPL - Get Report) has finally pulled the trigger on its long-debated Tablet .

Apple has plans to start production of its 10-inch touchscreen e-book, and the first model is due to arrive as early as March, according to Oppenheimer analyst Yair Reiner, citing information from suppliers. This report confirms earlier rumors that suppliers were gearing up for a February kickoff of the Apple Tablet.

Apple has also been working on terms with publishers that would split the revenue of electronic book sales by a 30/70 ratio, with book companies getting the larger cut, writes Reiner. The terms would be a departure from the even split that Amazon shares with publishers.

The Tablet, or iPad, has captivated the imagination of enthusiasts and sparked debates among gadget fans and investors for more than a year as they eagerly await a new blockbuster device from Apple.

Tablet-sized e-readers are a growing niche among players like Sony (SNE - Get Report) and Barnes and Noble (BKS - Get Report). But Apple fans may find a me-too e-book a bit beneath the vaunted standards of a Steve Jobs-driven project.

Apple has been working on the iPad for two years. CEO Jobs has reportedly taken a personal interest in the product, finding early versions unsuitable for release. The product's lengthy road to launch and rumors of a possible partnership with Verizon have raised expectations that Apple may finally have a breakthrough product that could build on the success of the iPhone and the Mac computer line.
1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.74 0.00%
BKS $11.75 0.00%
AMZN $659.59 0.00%
SNE $24.10 0.00%
VZ $50.94 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs