Analysts: Amazon Tablet, iPhone 5 Announcements Due

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New York - Analysts expect Amazon to unveil its first tablet on Wednesday and Apple to introduce its next iPhone on Oct. 4.

Amazon scheduled a press conference for Wednesday at 10 a.m. ET, and Apple has reportedly scheduled an Oct. 4 event at its Cupertino, Calif., campus to launch the iPhone 5.

Amazon, which already dominates the e-reader market in the U.S., is expected to launch a tablet with 7-inch screen at $250, or less than the $499 opening price for an iPad 2 with 9.7-inch screen. The expected price point and Amazon's marketing clout could put a dent in the iPad's market share as well as force down the price points of other suppliers' competing tablets, such as Vizio's recently introduced Android-OS tablet at an everyday $289-$299 and the Android tablets of less well-known brands.

The Amazon tablet will likely integrate tightly with Amazon's own Android app store and with its music, video and e-book download services.

The Amazon launch could also cut into sales of the Barnes & Noble Nook Color eBook Tablet, which also offers the ability to download Android apps and is currently retailing for $249 and up.

For its part, Apple will likely launch 4G versions of the iPhone, analysts said, with Verizon's version getting 4G LTE and AT&T's version getting 4G HSPA+ and possibly 4G LTE to boot. Sprint could get a 4G Mobile WiMAX version of the device.


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