Mattel and Hasbro are terrified

Mattel and Hasbro are terrified [PHOTOS/VIDEOS] over high-tech toy craze, Christmas 2012 has come and gone, and Mattel and Hasbro are terrified due to kids having asked for high-tech toys like Amazon's Kindle Fire.

These two traditional toy makers have not successfully launched their own tablets.

Sean McGowan, managing director of equity research at Needham & Company, said,

"The top two guys, Mattel and Hasbro, they are terrified. They should be terrified. Go here to read more and see the photos and videos.