Apple Inc.'s Tablet: How much will it Cost, Impact to the Stock?

Apple Inc. (NASDAQ:AAPL) is the talk of the town with their new iTablet and we all get the official price and release from the company tomorrow (Jan 27th).  Could the new tablet cost $1,000 and are Apple shares now overpriced?

Apple Inc. (AAPL) shares closed $205.78 today, in the past 6 months AAPL shares have increased 28% and YTD they are flat.  Now Apple is at it again, the new "iTablet" maybe the rescue for the newpaper and print media. 

Can the iTablet rescue print media?  Mainstream Media is hoping Steve Jobs can pull an iTunes for Newspapers and save a dying industry.

(vator.tv) The most reliable rumors indicate the device will run all the applications available on the iPhone and iPod Touch, maintain persistent wireless connection over a 3G cellphone network and Wi-FI, and have a 10” color screen. Among many applications, the device will present a new way to read news, books and magazines, marrying that experience to Apple’s slick and fun style, at the same time providing an incentive for consumers to pay media companies for content. But the most interesting rumors in the media world are about the media world itself.

The LA Times reports that the New York Times has been in Cupertino for the last several weeks meeting with Apple. The New York Times reports that the New York Times (for real) has developed a version of its newspaper for the Tablet, but its informant won’t say what type of deal has been struck (talk about tight-lipped sources). The Wall Street Journal reports that Conde Nast and Harper Collins and, yes, the WSJ’s owner News Corp. are developing apps for the device.  The media world seems to know that the media world is in on Mr. Jobs' rescue plan.

That plan will need to be a bit more sophisticated this time around, because the problems plaguing the media industry are more complex than those the music world faced a decade ago. The revenue model for music was straight-forward: sell individual albums directly to consumers, but news media depends on ongoing subscriptions and advertising relationships, fostered over time. Those relationships will now be mediated by Apple.

SOURCE: http://vator.tv/news/show/2010-01-26-can-the-itablet-rescue-print-media