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iPad 2: Noah on CNBC Street Signs - 3/2/11

2011-03-02
I I want to show you a chart of a company called zag because they're currently down by over twenty percent sitting at seven thirty four they used to make protective covers for the ipad but of course the the new one thats just come out or just being unveiled the ipad 2 has self-cleaning covers so i guess the theory is here it's not going to be very good business for zag we're joining us via skype as he's been live blogging the apple event all day is noah Kravitz editor-at-large for TechnoBuffalo and noah before the presentation you sent your wish list for the ipad 2 to me and i'd like to know how many of your wish list criteria did you manage to check off well um expected list you know did pretty well wish list um i don't want to start rumors or anything but i think we're gonna see another ipad unveiled before the end of the year that'll hit the wish list one ipad 3 why why would they move so quickly with that proto cycle to an ipad 3 when they just don't got in the ipad 2 today i think there are two reasons I think one is there's a theory i like that apple has for the past several years use an event in September to launch their new ipods for the Christmas season I think the popularity of the ipod line is diminished a little as iphones now ipad have those media capabilities so i think there's a good chance we'll see ipad take up the the sort of halo product for the Christmas season in Apple's lineup to be unveiled at the September event and then the other reason is competition and and networks we just saw I've got the motorola xoom right here which just hit the streets this is a verizon android powered tablet that will be upgradeable to 4g very soon no mention of 4g in the ipad announcement today and while apple likes to wait to see if these new technologies you know what they want to wait for them to get up to speed before they launch them I don't think Apple can afford I don't think they want to wait until a year from now to launch a 4g ipad so i think we'll see that yeah how much of a threat is android I mean it's a threat it's obviously you know there's been a lot of progress a lot of consumer adoption you've got you know on the one hand Apple does it all hardware software sales marketing the whole thing their profit margins are very high on the other hand they only have you know one maybe two devices on each product line whereas android google makes the software and then everybody from samsung to HTC to a sous to you name it makes the products so I'm it it's not just for you know it's a serious threat to apple and what we often see is when a competition heats up the prices go down great for consumers not necessarily good for the business do you think there's any possibility that Apple might start cutting the price if it's either original iPad or maybe they need in the ipad 2 leading up to ipad 3 just before going on air I got a message that the original ipad is now a hundred dollars off at least the base model has been dropped from 499 to 399 so I think that's how Apple likes to do it is they try to keep their price point steady but roll you know more capacity more features into them and then I've always said the best time to buy it up product is to pick up last generation just when the new one hits the streets so lately that's the way to do it that's a way we're all gonna do it stocking stuffers thank you very much Noah I play
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