S&P 500
7,226.20
+0.01%
Dow Jones
49,494.60
-0.62%
Nasdaq 100
27,685.40
+0.66%
Russell 2000
2,804.78
-0.02%
FTSE 100
10,364.50
0.00%
Nikkei 225
59,260.50
-0.78%

Retail

Tesco Tablet: Cleanup on Aisle Six?

Photo of Paul Ausick
By Paul Ausick Updated Published
Follow 24/7 Wall St. on Google
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

tesco-tablet
Courtesy Tesco plc
London-listed grocery store chain Tesco announced Monday morning that the store is launching its own branded seven-inch tablet. The device, which will go by the brand name Hudl, is priced at £119 ($190), right between the higher priced Samsung Electronics Galaxy Tab 2, priced at £130 ($210), and the lower-priced Kindle Fire, at £99 ($160), from Amazon.com Inc. (NASDAQ: AMZN).

The Hudl is aimed at the low end of the U.K. market. At the high end lives Apple Inc. (NASDAQ: AAPL) and its iPad mini, with a starting price of £269 ($430). Tesco’s Hudl uses the Android operating system from Google Inc. (NASDAQ: GOOG).

Tesco’s CEO said that the company is offering the new, low-cost device to make “technology accessible to more people.” Sure, and with luck, to get those people to sign up for the company’s Blinkbox video streaming service, which also competes with Amazon’s LoveFilm DVD and streaming service in the United Kingdom.

Picking a fight with Amazon is not the smartest choice a company could make. But Tesco is the fourth-largest retailer in the world, and the company says it can make money on the Hudl tablet, something that most analysts reckon is more than Amazon can say about its Kindle Fire.

Photo of Paul Ausick
About the Author Paul Ausick →

Paul Ausick has been writing for a673b.bigscoots-temp.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

How Much Do You Really Need in Treasury Bonds to Replace a $50,000 Salary With Interest
Drew Wood |

How Much Do You Really Need in Treasury Bonds to Replace a $50,000 Salary With Interest
Fed’s Rate Freeze Could Sting for Social Security Recipients
Maurie Backman |

Fed’s Rate Freeze Could Sting for Social Security Recipients

Continue Reading

Douglas A. McIntyre |

Amazon’s Smartphone Can’t Compete With Apple and Samsung

Smartphones are universally available in the United States for prices that are as low as free, so people who without…
Douglas A. McIntyre |

Walmart Offers Consumer Electronic Discounts

courtesy of Wal-Mart Stores Inc.Wal-Mart Stores Inc. (NYSE: WMT) has started to offer a series of large discounts on consumer electronics.…
Douglas A. McIntyre |

Walmart’s Online Traffic Less Than Half Amazon’s

No matter how many times Walmart retools and relaunches its Walmart.com sites, it cannot make up ground on Amazon.com, at…
Douglas A. McIntyre |

Amazon Tablet Sales Hammer Competition

Amazon.com Inc.If the fourth quarter matters as much to tablet sales as it does to other consumer electronics devices, Amazon…
Paul Ausick |

Amazon’s New Tablets Get Subdued Introduction

Amazon.com introduced five new models of its Kindle and Kindle Fire tablets but without much fuss.
Paul Ausick |

Kindle Arrives at GameStop Just in Time

courtesy GameStop Corp.Just as the holiday retail shopping season gets down to its last two weeks, GameStop Corp. (NYSE: GME)…
Douglas A. McIntyre |

Will Amazon Lose Money for Years?

ThinkstockAmazon.com Inc. (NASDAQ: AMZN) believes it has its competition on the ropes, right where CEO Jeff Bezos wants them. However,…
Douglas A. McIntyre |

Amazon Closes In On Content Licensing With Viacom

Amazon.com (NASDAQ: AMZN) has made no secret of its desire to compete with Netflix (NASDAQ: NFLX) and Apple (NASDAQ: AAPL) in…
Visits to Amazon Twice Those of Wal-Mart
Douglas A. McIntyre |

Visits to Amazon Twice Those of Wal-Mart

The size of a company's Web traffic is not always a measurement of online revenue. Amazon's visits per month are…

Top Gaining Stocks

Cboe Global Markets
CBOE • Vol: 1,568,143
New Pluto Global
PSKY • Vol: 12,285,993
Seagate Technology
STX • Vol: 7,378,346
Oracle
ORCL • Vol: 26,317,675
Datadog
DDOG • Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ • Vol: 4,367,433
Clorox
CLX • Vol: 13,260,523
Stryker
SYK • Vol: 4,519,455
Mohawk Industries
MHK • Vol: 1,859,865
Amgen
AMGN • Vol: 3,818,618