MacDailyNews: J.P. Morgan: ‘We are not impressed with Kindle Fire’

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J.P. Morgan: 'We are not impressed with Kindle Fire' Sep 30th 2011, 19:33 Sep 30, 2011 - 04:01 PM EDT — AAPL: 383.14 (-7.43, -1.9%) | NASDAQ: 2415.40 (-65.36, -2.63%) Friday, September 30, 2011 · 3:33 pm · 5 Comments "Amazon won't be getting any accolades for its new Fire tablet from J.P. Morgan analyst Mark Moskowitz," John Paczkowski reports for AllThingsD. "Moskowitz is decidedly unimpressed. In his view, the Fire isn't going to suddenly transform Amazon into the No. 2 tablet maker behind Apple, despite its disruptive pricing," Paczkowski reports. 'We are not impressed with Kindle Fire,' Moskowitz said in a research note to clients… 'In our view, Kindle Fire's low price point speaks to how there is much lacking in the device. At $199, we argue that the price point is not going to afford most users a tablet-experience, which is a problem if Amazon wants to become a major tablet vendor.'" Read more in the full article here. Categories: News Tags: Amazon, JP Morgan, Kindle Fire

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