Apple Tablet Could Kill The Kindle


Checks within Apple’s supply chain have led to a new round of tablet-related rumors from one analyst, who believes the device will launch in March or April of 2010 with a 10.1-inch LCD screen.

Yair Reiner, analyst with Oppenheimer, revealed his latest tablet news in a note to investors issued Wednesday morning. He also said that Apple has been reaching out to book publishers with a “very attractive proposal” for offering content on a forthcoming ebook platform.

Reiner believes the tablet could provide an additional 50 cents to 75 cents in earnings per share for AAPL stock.

The launch of a tablet PC could do measurable damage to Amazon’s Kindle e-reader. That’s because the BMO analyst forecasts that Apple could sell 1 million to 1.5 million units, grabbing about 20 percent of the e-reader market and roughly 3 percent of the netbook market.

Could the Apple Tablet kill the Kindle and Nook?

Source: Apple Insider and Redherring

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