Motorola: Detwiler Sees Xoom Struggling
Analysts at Detwiler Fenton this morning write that Motorola Mobility’s “Xoom” tablet, which went on sale last week at Verizon Communications’ Verizon Wireless, may be having a rough first go of it.
The tablet computer debuted last week to fairly favorable reviews from, among others, The New York Times’s David Pogue, with The Wall Street Journal’s Walt Mossberg calling it the first real competitor to Apple’s iPad.
“After almost one week on the market, it appears that the sell through of Motorola’s Xoom has been extremely light,” reports the firm, without specifying sources for the information. Detwiler attributes the apparent lackluster results to “its high price, lack of consumer applications and the anticipation for today’s expected Apple iPad 2 announcement” this afternoon.