This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
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
TheStreet Open House

Why Dell Streak Won't Crush Apple iPad

Stocks in this article: DELLAAPLQCOMGOOG

ROUND ROCK, Texas ( TheStreet) -- Dell's (DELL) Streak mini-tablet, touted as a challenger to Apple's (AAPL) iPad, finally makes its U.S. debut this week.

iPad comparisons, however, are wide of the mark. With a 5-inch screen, the Streak's big selling point is its compact size, whereas the larger iPad is geared towards consumers -- and, increasingly, businesses -- looking for a different type of rich media experience.

Dell

For consumers, this means reading books, newspapers and magazines on the iPad's 9.7-inch screen, while businesses are already tapping the iPad for presentations, spreadsheets, and specialized applications in areas such as healthcare.

With Google's (GOOG) Android OS, a Qualcomm (QCOM) Snapdragon processor and app multitasking, Dell boasts that the Streak can "fit the whole world into a 5-inch screen."

But Dell is late to the game with its tablet play. By launching the Streak more than four months after the iPad hit the shelves, Dell has gifted Apple a huge head start, effectively letting the consumer tech giant redefine the tablet space.

The end result is that Apple has already sold more than 3 million iPads, and for many consumers, "tablet" equals "iPad."

If anything, the Dell Streak is more likely to come up against Apple's iPhone. With a 3.5-inch screen, the iPhone is closer in size to Dell's mini-tablet. Both devices offer voice capabilities, unlike the iPad. While the idea of a smartphone/tablet hybrid is intriguing, Dell must somehow carve out a niche between two well-defined technologies.

Cost could also be a factor working against Dell's mini-tablet. The Streak will cost $299.99 on a two-year contract from AT&T (T), $549.99 without. The iPhone 4, in contrast, costs $199.99 on a two year contract from AT&T.

Dell's attempts to market the Streak have left much to be desired. The Streak generated some buzz after it was previewed at CES, but Dell waited until June to debut the device ... in the U.K. Initially, Dell had promised that the device would be available in the U.S. in late July, although this was pushed back until mid-August, much to chagrin of Dell zealots.

Consumers can submit pre-sale orders for the Dell Streak starting Thursday, with the tablet becoming generally available on Friday.

Dell shares plunged 44 cents, or 3.53%, to $12.01 on Wednesday, outpacing the broader selloff in tech stocks that saw the Nasdaq fall 2.79%.

-- Reported by James Rogers in New York

Follow James Rogers on Twitter.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,805.41 +127.51 0.76%
S&P 500 1,964.58 +13.76 0.71%
NASDAQ 4,483.7150 +30.9230 0.69%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs