Friday Four: Amazon Attacks Apple, Verizon Partners with Nokia, (Some) Tech Stocks SurgeSeptember 7, 2012 8:30 am ·
Finally! Some big news from a company that’s not Apple. Granted, this news is from an equally large company (Amazon), but as Amazon CEO Jeff Bezos wants to remind you, they’re not Apple; and from the looks of it, they might just be out to destroy Apple. During a much buzzed about tablet announcement yesterday, Bezos unveiled a passel of new and improved Kindle Fires; and while he barely uttered the name Apple, he clearly differentiated his company from the one that Steve Jobs built. In Bezos words:
“We want to make money when people use our devices, not when they buy our devices.”
The veracity of this statement is evidenced in the price points that Amazon is selling its tablets at: The original–and improved–Kindle Fire has dropped in price from $199 to $159, the 3G version of the new Kindle Paperwhite retails for $179 and the Wi-Fi only version for $119, the new 7-inch Kindle Fire HD will sell for $199 and the 8.9-inch Kindle Fire HD for $299. But wait! There’s more. Amazon’s coup de grace, the 4G LTE Kindle Fire HD (yes, you read that right) will retail for $499. To give you a quick cost comparison, the Barnes & Noble Nook Simple Touch (which will compete with the Kindle Paperwhite) goes for $139 for the Wi-Fi only version and the 4G LTE iPad 3 (the Kindle Fire HD competitor) costs $729; and at least at first glance, the difference in the size and specs of these devices is negligible.
Pre-orders are now live for the new tablets. And yes, British and French readers, they’re coming your way too! Something tells me Tim Cook drank heavily last night. Don’t worry, Tim, at least there’s not an Amazon phone…yet.
In phone related news, Verizon and Nokia have announced their plans for a partnership. While I’m not one to say “I told you so” (Who am I kidding? I totally am.), I believe a little birdie named Nokia CEO Steven Elop tipped me off to this partnership at CES in January, when the two of us shared an elevator. (Please see the 3rd paragraph down on this post.) I told you so.
Given the Verizon/Nokia partnership, it’s fairly safe to say that both companies’ stocks will go up today. Amazon’s stock surged yesterday (although yesterday was a good day to own stock in general). And yesterday was a fantastic day to own Google stock. Unfortunately, Groupon still can’t catch a break, no thanks to Starbucks and Living Social, and neither can Facebook. (Although, Facestagram (Instabook?) is finally official.) Perhaps that’s why Mark Zuckerberg fell from number one to number four on this year’s Vanity Fair New Establishment list. Amazon’s Bezos is number three. Google’s Sergey Brin and Larry Page are number two and Apple’s Tim Cook and Jonathan Ive are sitting pretty at number one. But we’re not talking about Apple today…
Happy Friday folks! Here are 12 videos of cute and hungry kitties to take you in to your weekend. Twenty bucks says that link will be the most popular one in my entire post.