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Apple (AAPL +0.6%), Google (GOOG +1.3%), and Amazon (AMZN +2.8%) have two things in common: 1)...

Apple (AAPL +0.6%), Google (GOOG +1.3%), and Amazon (AMZN +2.8%) have two things in common: 1) They're at each others' throats. 2) They're making new highs today, rising even as PC-centric names fall on Intel's warning. Amazon's gains come as the Street mostly gives a thumbs-up to its Kindle refresh, citing its potential to boost Amazon's content ecosystem. Henry Blodget is taking a moment to gloat about his infamous 1998 $400 target (now a split-adjusted $67). (more on AMZN)
Comments (5)
  • People are betting on AAPL's TV. Unfortunately, there is not enough spectrum to support it. Fiber/cable will be the best ISP point in the future to support demand. My bet is on VZ with their FIOS but GOOG is piloting a fiber network in Kansas City to compete. GOOG has historically been to stogy compared to the NASDAQ. I recent did a pilot buy on APH.
    7 Sep 2012, 12:14 PM Reply Like
  • Just the TV?
    7 Sep 2012, 04:36 PM Reply Like
  • I am very disappointed in the meager < 3% move for Amazon today after this new lineup of Kindles was released. They are serious competition for Apple's products now and should gain market share from 22% of US tablets.
    7 Sep 2012, 03:38 PM Reply Like
  • Kindles are no competition to Apple or Google tabs. Not even close.
    7 Sep 2012, 06:32 PM Reply Like
  • I thought Henry Blodget had been run out of town on a rail because his off the wall 2007-2008 misses.
    7 Sep 2012, 06:40 PM Reply Like
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