HedgeFundLIVE- Dean usually providers our readers with a Barron’s Weekend Round-Up but I wanted to use this blog to comment on what was said in the article’s regarding technology. With the unveiling of Apple’s newest toy, the iPad 2, Barron’s was all over the tablet space. This weekend Barron’s tippy-toed their way around saying sell the news on the iPad 2/Steve Jobs hype while Goldman’s TMT fund mangers said buy the dips on any Jobs related weakness.
Barron’s Tiernan Ray wrote that while Apple is currently controling the market they will face competition from Motorola (MMI), Hewlett-Packard (HPQ), Research in Motion (RIMM) and Samsung with their new tablets starting to gain traction in the tablet market place. Ray also mention’s that the other four tech companies will soon be droping prices to keep up with Apple and that should cut into their market share as well.
In another article, Barron’s columnist Jay Palmer discusses his experience with RIMM’s playbook and see’s it quickly becoming Apple’s strongest competitor once the product is released later this year. He cites the 7-inch screen as being one of the difference makers that will set it apart from the 10 inch iPad. Look for strength in RIMM Monday morning.
I want to take the other side of these two article’s and talk about an interesting article from CNET which I feel seperates Apple form the rest. Apple has always been thought of as high priced, but, when it comes to tablets other competitors have been strugling to keep up with the pricing on the iPad. The lastest statement from Apple impressed me and I felt it was importnat to share with out members. According to CNET Apple will be giving $100 back to customers who bought an original iPad two weeks before the iPad 2 was announced.
Click Here for the full article.