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Coca-Cola revenue beats, but profit falls short
Wendy's profit, revenue beats expectations
Sears warns on sales, to speed up closures
Head-on train crash kills at least 9 in Germany
Greek protests escalate over refugee camps
Film flops hurt 21st Century Fox outlook
Crackdown on college financial-aid cheats


U.S. ECONOMY
Wholesale inventories fall for third month in row
NFIB survey hints wage gains are fleeting
Job openings are second highest on record

White House forecasts decade-best economic growth
Obama proposes $4.1 trillion federal budget

Five questions that Janet Yellen must answer
Yellen may say goal is not to slow the economy
Fed: Too white, too male, too many bankers?
Expansion won’t die of old age: S.F. Fed study

Deutsche Bank co-CEO says bank is ‘rock solid’
Deutsche Bank shares fall again in bank rout

Why the selloff in European bank stocks is ominous
Bank stocks have taken enough: analyst

IEA warns oil surplus will be worse than expected
IEA warns oil surplus will be bigger than expected
Oil rises, shrugging off IEA report

Oil industry woes grow as storage levels hit ‘critical level’
Oil woes grow as storage hits ‘critical’ level

99 Cent Gas May Be on Its Way
99-cents-a-gallon gas may be on its way: 24/7 Wall St.

Is the gold rally the real deal or ‘fool’s gold’?
Teen can keep $20,000 gold bar found in lake
Gold one of Wall Street’s best bets early in 2016

Nikkei skids 5% as 10-year bond yield moves negative
Japan minister warns against yen’s ‘rough’ rise

Convertible bonds are alluring as stocks slip
Convertible bonds are alluring as stocks fall


Record number of Americans give up citizenship

Google CEO Sundar Pichai gets $199 million in stock

Europe’s battles: migrants, ‘Brexit’ and ECB
German output, exports drop in December
Roubini: Welcome to the New Abnormal


Resist the urge to buy this stock pullback: J.P. Morgan

Yelp’s billion-dollar path hits a detour
Yelp posts earnings early, CFO to step down


Tesla downward revision is among the biggest
Tesla earnings: Model 3, Model X in focus

Computer virus wants to remind you to have a nice day
Justice Department data exposed in breach

23 stocks they’re throwing out with the bathwater

Chipotle wants to give you a burrito — how to get it
What did Chipotle workers do today?

This has been the No. 1 car in America for decades
Cars sink through ice at winter festival
How far can you go on $50 in gas?



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Markets »

50.97MDow Volume:
Avg Vol: 129.39M
Unchanged
151
Decliners
4178
Advancers
1991
Price Chg %Chg 1 Day
Range: 1 Day
  • 1 Day
  • 5 Days
  • 1 Month
  • 3 Months
  • 6 Months
  • 1 Year
  • 2 Years
Dow
/quotes/zigman/627449/realtime 15,962 -65 0.41%
Nasdaq
/quotes/zigman/12633936/realtime 4,271 -13 0.31%
S&P 500
/quotes/zigman/3870025/realtime 1,847 -7 0.35%
GlobalDow
/quotes/zigman/629063/realtime 2,081 -23 1.09%
Gold
/quotes/zigman/33772884/delayed 1,195 -3 0.23%
Oil
/quotes/zigman/2260836/delayed 29.09 -0.60 2.02%
FTSE 100
/quotes/zigman/3173262/delayed 5,632 -57 1.00%
DAX
/quotes/zigman/2380246/delayed 8,879 -100 1.11%
CAC 40
/quotes/zigman/3173214/delayed 3,998 -69 1.69%
FTSE MIB
/quotes/zigman/1482176/delayed 15,913 -528 3.21%
IBEX 35
/quotes/zigman/2759620/delayed 7,928 -195 2.39%
Stoxx 600
/quotes/zigman/2380150/delayed 309 -5 1.58%
Asia Dow
/quotes/zigman/6959860/realtime 2,470 -45 1.78%
Nikkei 225
/quotes/zigman/5986735/delayed 16,085 -919 5.40%
Hang Seng
/quotes/zigman/2622475/delayed 19,288 +105 0.55%
Shanghai
/quotes/zigman/1859015/delayed 2,763 -18 0.63%
Sensex
/quotes/zigman/1652085/delayed 24,021 -266 1.10%
Singapore
/quotes/zigman/1709939/delayed 2,623 +65 2.53%
Euro
/quotes/zigman/16008136/realtime/sampled 1.13 +0.01 1.08%
Yen
/quotes/zigman/16008150/realtime/sampled 114.94 -0.91 0.79%
Pound
/quotes/zigman/16008140/realtime/sampled 1.45 +0.01 0.44%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.71 0.00 0.13%
DXY Index
/quotes/zigman/1652083/delayed 95.83 -0.85 0.88%
WSJ $ Idx
/quotes/zigman/41508961/realtime 89.12 -0.51 0.57%
U.S. 10yr
/quotes/zigman/15866666/realtime 1.74 -0.01 0.69%
German 10y
/quotes/zigman/15866409/realtime 0.24 +0.02 8.00%
Italy 10yr
/quotes/zigman/15866497/realtime 1.69 -0.01 0.78%
Spain 10yr
/quotes/zigman/15866444/realtime 1.78 +0.03 1.43%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.41 0.00 0.07%
Japan 10yr
/quotes/zigman/15866525/realtime -0.02 -0.06 163.32%
Crude Oil
/quotes/zigman/2260836/delayed 29 -1 2.02%
Gold
/quotes/zigman/33772884/delayed 1,195 -3 0.23%
Corn
/quotes/zigman/25518691/delayed 360 -2 0.55%
DJIA F
/quotes/zigman/48241424/delayed 15,879 -110 0.69%
S&P F
/quotes/zigman/43106711/delayed 1,840 -12 0.65%
Silver
/quotes/zigman/32655632/delayed 15 0 0.10%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 100.27 0.52 0.52%
AAPL /quotes/zigman/68270/composite 94.76 -0.25 -0.26%
GOOG /quotes/zigman/59527964/composite 685.17 2.43 0.36%
BAC /quotes/zigman/190927/composite 12.23 -0.04 -0.33%
C /quotes/zigman/5065548/composite 37.40 -0.42 -1.10%
F /quotes/zigman/264304/composite 11.41 -0.18 -1.58%
T /quotes/zigman/398198/composite 36.37 -0.75 -2.01%
BP /quotes/zigman/247026/composite 29.05 -0.87 -2.91%
GE /quotes/zigman/227468/composite 28.11 -0.06 -0.21%
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Rates »

5 yr CD
1.3%
2 yr CD
0.7%
1 yr CD
0.5%
MMA $10K+
0.2%
MMA $50K+
0.4%

National averages from Bankrate.com

You Don’t Need Another Credit Card, You Need A Better One.
Avg. APR Last Week 6 Months
Low Interest 11.96% 11.88% 11.62%
Business 13.12% 13.11% 12.85%
Student 13.42% 13.42% 13.14%
Balance Transfer 14.35% 14.30% 14.12%
Airline 15.17% 15.16% 15.10%
Cash Back 15.26% 15.23% 15.27%
Reward 15.28% 15.25% 15.14%
Instant Approval 18.21% 18.18% 18.00%
Bad Credit 22.88% 22.88% 22.73%
Source:CreditCards.com

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Is the Kindle Fire Costlier Than the iPad?

Amazon’s Kindle Fire tablet helped account for a  35% spike in sales during an otherwise disappointing fourth quarter, the company reported today. Though buyers may have been attracted to its $199 price – less than half the cost of an iPad — what many don’t realize is that in the long run Kindles can be more expensive to own than other tablets.

Getty Images

Consumers snatched up an estimated 6 million Kindle Fires last quarter, according to Jordan Rohan, an analyst for Stifel Nicolaus — making it the second most popular tablet on the market after Apple’s iPad. At just $200 a pop, the price of the Fire is hard to beat, says R.J. Hottovy, an equity analyst for Morningstar who covers Amazon.com. But differences in the way people use the competing devices could actually lead Kindle Fire users to spend more cash on content such as books, movies and games than iPad users do, experts say. While the Kindle Fire has tablet capabilities, allowing users to stream videos and play games, most people still use them for e-books, says Alex Goldfayn, chief executive of the Evangelist Marketing Institute, a technology consulting firm. “People are still buying the Kindle Fire probably to read books first,” says Goldfayn. “The additional tablet capabilities are a nice bonus.” (Amazon declined to comment.)

Indeed, Kindle Fire owners surveyed by RBC Capital Markets said they mainly use the device for reading, with 80% of Fire owners surveyed saying they have bought e-books and the average user buying about five e-books each quarter, and roughly three paid apps. iPad users, on the other hand, are more likely to use their devices with less expensive apps that let them video chat, stream media and play games, says Goldfayn. Consider, the average app costs $2.99 while the average e-book costs $9.99, according to estimates from RBC Capital Markets. And many more apps are available for $0.99 or less, adds Goldfayn.

Analysts estimate that Amazon actually loses money on the Kindle Fire hardware. While it sells for $199, it costs roughly $202 to make, according to estimates from RBC Capital Markets. Throw in marketing and shipping costs and Amazon could be losing roughly $18 for each Kindle Fire it sells. But the company makes up some of that loss in the revenue it reaps from content purchased on the device, says Hottovy. For instance, RBC estimates that Kindle Fires generate an additional $136 each in income for Amazon over the lifetime of the device, most of that due to revenue from e-books. And while Amazon may be earning more than $100 on content sales from each Fire, consumers are actually spending much more. Every five e-books generates about $15 in revenue for Amazon, but the books cost consumers roughly $10 each, according to RBC.

To be sure, the low price of the Kindle Fire may be appealing to a different customer than the iPad, says Hottovy. “The low price point is probably the most compelling aspect more than anything else,” says Hottovy, who expects the price to stay close to $200 in the near term. And despite the fact that many users primarily turn to the Fire for e-books, Amazon has enough digital content available in terms of video, music and other media to make it a competitive tablet device, according to a report by Forrester Research. Also, the popularity of the Fire could spark the development of more Android based tablet apps, the report says.

Comments

We welcome thoughtful comments from readers. Please comply with our guidelines. Our blogs do not require the use of your real name.

Comments (5 of 24)

View all Comments »
    • The iPad is super sexy stuff and the kindle is mere kindling ready for a match.

    • check this link, chanel 2011 with low price

    • The Kindle costs more because people buy more expensive things for it? That doesn’t make any sense what kind of logic is that to base an article on? They’re comparing users doing different things on each, that isn’t a cost comparison that’s just idiocy. How about doing a cost comparison on using both of them as e-readers instead of comparing users reading books on the kindle to users playing angry birds on an ipad.

    • I agree with theme of the other comments, faulty logic. This is the worst article I have ever read in WSJ. If the editors continue to fill up the pages with such tripe, I will be canceling my subscription!

    • I’m not sure how buying books equates to making the Kindle more expensive. If I didn’t have the Kindle, I’d buy the hard copy of the book anyway. If I had an iPad, I’d still buy the book and use the Kindle app. So I don’t really understand the logic here. If I spend $50 in books that I would spend no matter what tablet I had, then spend $500 for an iPad, how is that cheaper than $200 for a Fire plus the $50 in books? Plus, as Vince said, there are lots of free books, and I have yet to pay for an app either (I check the app store everyday to see what the free app of the day is!).

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MarketWatch - Stock Market Quotes, Business News, Financial News
Bulletin
Investor Alert

New York Markets Close in:

need to know
Coca-Cola revenue beats, but profit falls short
Wendy's profit, revenue beats expectations
Sears warns on sales, to speed up closures
Head-on train crash kills at least 9 in Germany
Greek protests escalate over refugee camps
Film flops hurt 21st Century Fox outlook
Crackdown on college financial-aid cheats


U.S. ECONOMY
Wholesale inventories fall for third month in row
NFIB survey hints wage gains are fleeting
Job openings are second highest on record

White House forecasts decade-best economic growth
Obama proposes $4.1 trillion federal budget

Five questions that Janet Yellen must answer
Yellen may say goal is not to slow the economy
Fed: Too white, too male, too many bankers?
Expansion won’t die of old age: S.F. Fed study

Deutsche Bank co-CEO says bank is ‘rock solid’
Deutsche Bank shares fall again in bank rout

Why the selloff in European bank stocks is ominous
Bank stocks have taken enough: analyst

IEA warns oil surplus will be worse than expected
IEA warns oil surplus will be bigger than expected
Oil rises, shrugging off IEA report

Oil industry woes grow as storage levels hit ‘critical level’
Oil woes grow as storage hits ‘critical’ level

99 Cent Gas May Be on Its Way
99-cents-a-gallon gas may be on its way: 24/7 Wall St.

Is the gold rally the real deal or ‘fool’s gold’?
Teen can keep $20,000 gold bar found in lake
Gold one of Wall Street’s best bets early in 2016

Nikkei skids 5% as 10-year bond yield moves negative
Japan minister warns against yen’s ‘rough’ rise

Convertible bonds are alluring as stocks slip
Convertible bonds are alluring as stocks fall


Record number of Americans give up citizenship

Google CEO Sundar Pichai gets $199 million in stock

Europe’s battles: migrants, ‘Brexit’ and ECB
German output, exports drop in December
Roubini: Welcome to the New Abnormal


Resist the urge to buy this stock pullback: J.P. Morgan

Yelp’s billion-dollar path hits a detour
Yelp posts earnings early, CFO to step down


Tesla downward revision is among the biggest
Tesla earnings: Model 3, Model X in focus

Computer virus wants to remind you to have a nice day
Justice Department data exposed in breach

23 stocks they’re throwing out with the bathwater

Chipotle wants to give you a burrito — how to get it
What did Chipotle workers do today?

This has been the No. 1 car in America for decades
Cars sink through ice at winter festival
How far can you go on $50 in gas?



/conga/frontpage.html 367451

Markets »

50.97MDow Volume:
Avg Vol: 129.39M
Unchanged
155
Decliners
4167
Advancers
1996
Price Chg %Chg 1 Day
Range: 1 Day
  • 1 Day
  • 5 Days
  • 1 Month
  • 3 Months
  • 6 Months
  • 1 Year
  • 2 Years
Dow
/quotes/zigman/627449/realtime 15,960 -67 0.42%
Nasdaq
/quotes/zigman/12633936/realtime 4,270 -14 0.32%
S&P 500
/quotes/zigman/3870025/realtime 1,847 -7 0.36%
GlobalDow
/quotes/zigman/629063/realtime 2,081 -23 1.09%
Gold
/quotes/zigman/33772884/delayed 1,195 -3 0.21%
Oil
/quotes/zigman/2260836/delayed 29.07 -0.62 2.09%
FTSE 100
/quotes/zigman/3173262/delayed 5,632 -57 1.00%
DAX
/quotes/zigman/2380246/delayed 8,879 -100 1.11%
CAC 40
/quotes/zigman/3173214/delayed 3,998 -69 1.69%
FTSE MIB
/quotes/zigman/1482176/delayed 15,913 -528 3.21%
IBEX 35
/quotes/zigman/2759620/delayed 7,928 -195 2.39%
Stoxx 600
/quotes/zigman/2380150/delayed 309 -5 1.58%
Asia Dow
/quotes/zigman/6959860/realtime 2,470 -45 1.78%
Nikkei 225
/quotes/zigman/5986735/delayed 16,085 -919 5.40%
Hang Seng
/quotes/zigman/2622475/delayed 19,288 +105 0.55%
Shanghai
/quotes/zigman/1859015/delayed 2,763 -18 0.63%
Sensex
/quotes/zigman/1652085/delayed 24,021 -266 1.10%
Singapore
/quotes/zigman/1709939/delayed 2,623 +65 2.53%
Euro
/quotes/zigman/16008136/realtime/sampled 1.13 +0.01 1.07%
Yen
/quotes/zigman/16008150/realtime/sampled 114.94 -0.91 0.79%
Pound
/quotes/zigman/16008140/realtime/sampled 1.45 +0.01 0.43%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.71 0.00 0.14%
DXY Index
/quotes/zigman/1652083/delayed 95.82 -0.85 0.88%
WSJ $ Idx
/quotes/zigman/41508961/realtime 89.12 -0.51 0.57%
U.S. 10yr
/quotes/zigman/15866666/realtime 1.74 -0.01 0.69%
German 10y
/quotes/zigman/15866409/realtime 0.24 +0.02 8.00%
Italy 10yr
/quotes/zigman/15866497/realtime 1.69 -0.01 0.78%
Spain 10yr
/quotes/zigman/15866444/realtime 1.78 +0.03 1.43%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.41 0.00 0.07%
Japan 10yr
/quotes/zigman/15866525/realtime -0.02 -0.06 163.32%
Crude Oil
/quotes/zigman/2260836/delayed 29 -1 2.09%
Gold
/quotes/zigman/33772884/delayed 1,195 -3 0.21%
Corn
/quotes/zigman/25518691/delayed 360 -2 0.62%
DJIA F
/quotes/zigman/48241424/delayed 15,877 -111 0.69%
S&P F
/quotes/zigman/43106711/delayed 1,840 -13 0.67%
Silver
/quotes/zigman/32655632/delayed 15 0 0.10%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 100.27 0.52 0.52%
AAPL /quotes/zigman/68270/composite 94.79 -0.22 -0.23%
GOOG /quotes/zigman/59527964/composite 685.27 2.53 0.37%
BAC /quotes/zigman/190927/composite 12.24 -0.03 -0.24%
C /quotes/zigman/5065548/composite 37.41 -0.40 -1.06%
F /quotes/zigman/264304/composite 11.41 -0.18 -1.56%
T /quotes/zigman/398198/composite 36.37 -0.74 -1.99%
BP /quotes/zigman/247026/composite 29.03 -0.89 -2.97%
GE /quotes/zigman/227468/composite 28.13 -0.04 -0.14%
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Rates »

5 yr CD
1.3%
2 yr CD
0.7%
1 yr CD
0.5%
MMA $10K+
0.2%
MMA $50K+
0.4%

National averages from Bankrate.com

You Don’t Need Another Credit Card, You Need A Better One.
Avg. APR Last Week 6 Months
Low Interest 11.96% 11.88% 11.62%
Business 13.12% 13.11% 12.85%
Student 13.42% 13.42% 13.14%
Balance Transfer 14.35% 14.30% 14.12%
Airline 15.17% 15.16% 15.10%
Cash Back 15.26% 15.23% 15.27%
Reward 15.28% 15.25% 15.14%
Instant Approval 18.21% 18.18% 18.00%
Bad Credit 22.88% 22.88% 22.73%
Source:CreditCards.com

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