This holiday shopping season appears to belong to cheap tablets. Between the $199 Kindle Fire and the recently introduced $249 Nook Tablet, Amazon.com (NAS: AMZN) and Barnes & Noble (NYS: BKS) are setting themselves up as the pivotal quarter's hot tech toymakers.
Weren't these two companies little more than unheralded booksellers a dozen years ago?
Both companies announced an impressive array of popular third-party apps that will be available on their entry-level gadgetry when they hit the market next week.
We still don't have official reads from either company, but Asia's DigiTimes -- the well-connected tech specialist that has a good pulse on component suppliers and contract manufacturers -- claims that Amazon has just boosted its Kindle Fire order to 5 million units for the quarter. If true, it means the pre-orders leading to Tuesday's release are clearly going well.
Briefly in the news
And now let's take a quick look at some of the other stories that shaped our week.
E*TRADE (NAS: ETFC) revealed on Thursday afternoon that the discount broker is no longer seeking a sale of the company after a strategic review. I blame the E*TRADE Baby.
Sirius XM Radio (NAS: SIRI) announced a Foster the People concert in New York City exclusively for invited SiriusXM listeners. I wonder whether the satellite-radio giant knows the band's biggest song is about a classroom massacre.
Graphics-chip pioneer NVIDIA (NAS: NVDA) posted better-than-expected results on Thursday night. Looking good!
Until next week, I remain,
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