Amazon.com, Inc. (AMZN) - NASDAQ
  • Mar. 30, 2012, 12:08 PM

    Though Amazon's (AMZN) margins have been hurt by the cost of supporting Prime shipping, RBC's Ross Sandler believes Prime will be a long-term positive for Amazon, following a survey. Sandler, who estimates Amazon has 15M Prime subscribers worldwide (in spite of reports of just 3M-5M), says his survey indicates Prime users increase order activity by an estimated 153% after signing up (though average transaction size is likely also lower).

    | Mar. 30, 2012, 12:08 PM
  • Mar. 29, 2012, 6:48 PM
    E-book sales are surging ... especially among the young. Trade group AAP estimates U.S. sales of children and young adult e-books hit 22.6M in January, up over 5x Y/Y. Adult e-book sales rose 49% over this time to 99.5M. Publishers such as PSO, SCHL, and MHP can't complain about any cannibalization of traditional books that's occurring, not with overall trade sales rising 27% Y/Y.
    | Mar. 29, 2012, 6:48 PM
  • Mar. 29, 2012, 9:17 AM

    LG Electronics becomes the first company to start mass production of a flexible e-paper display; LG's display, which measures 6" and can bend up to 40°, is reportedly being shipped to Chinese OEMs for use in e-readers that could hit Europe in April. Though the technology is still young, expect Amazon (AMZN) and Barnes & Noble (BKS) to consider it for future Kindles and Nooks. Samsung, meanwhile, wants to build smartphones with flexible AMOLED displays. (also)

    | Mar. 29, 2012, 9:17 AM
  • Mar. 28, 2012, 10:17 AM

    DigiTimes reports that Google (GOOG +1.5%) this summer will release a 7-inch tablet manufactured by Taiwan's Asustek. The model is expected to be priced at $199, meant to compete with Amazon's (AMZN) Kindle Fire at the same price. A separate NY Post report has GOOG rolling out a branded tablet at $150.

    | Mar. 28, 2012, 10:17 AM
  • Mar. 27, 2012, 10:17 AM

    Amazon (AMZN) will release 3 new Kindle Fires this year, claims Taiwanese news wire CENS: an 8.9" model with a pixel density that rivals the new iPad's retina display, as well as high-end and low-end 7" models. Speculation about a larger Kindle Fire is already widespread (I, II), though this appears to be the first time multiple dual 7" models were brought up. As always, a grain of salt is advisable.

    | Mar. 27, 2012, 10:17 AM
  • Mar. 27, 2012, 9:58 AM

    Amazon (AMZN +0.9%) says all seven of J.K. Rowling’s Harry Potter books are now available on Kindle readers and any of the free Kindle apps for other devices. AMZN also announces plans to open a new fulfillment center in Jeffersonville, Ind., creating up to 1,050 new jobs by 2015.

    | Mar. 27, 2012, 9:58 AM
  • Mar. 23, 2012, 11:04 AM

    Amazon Web Services (AWS) has given its blessing to open-source APIs that allow its cloud infrastructure solutions to work with privately-owned clouds. By doing so, Amazon (AMZN) stands to expand AWS' reach with businesses worried about fully relinquishing control of their cloud infrastructure to a third party - a fear rival Microsoft has leveraged in promoting its Azure platform, which can be used for either public or private clouds.

    | Mar. 23, 2012, 11:04 AM
  • Mar. 22, 2012, 4:48 PM
    Amazon (AMZN) plans to begin a sales operation in Brazil this Sept. 1 with an initial distribution center located in Sao Paolo, according to an internal memo obtained by a Brazilian newspaper. The goal is to start off by selling ~1.1M smaller items - CDs, DVDs, Kindles, software - between Sept. and Dec., then begin selling TVs, PCs and appliances.
    | Mar. 22, 2012, 4:48 PM
  • Mar. 22, 2012, 4:22 PM

    Netflix's (NFLX -1.1%) U.K. launch has exceeded expectations, says Reed Hastings, adding his company's near-term goal is to sign up 10% of U.K. households. Netflix faces competition from Amazon's (AMZN) Lovefilm, and perhaps from BSkyB (BSYBY.PK), whose channels have first rights to movies from the top 6 Hollywood studios, and which has announced plans for a streaming service. Antitrust regulators are investigating BSkyB's movie stranglehold.

    | Mar. 22, 2012, 4:22 PM
  • Mar. 22, 2012, 11:59 AM
    More than just Lions Gate (LGF -5.5%) could enjoy a Hunger Games boost, from booksellers to movie companies and theaters to toy companies with character tie-ins to capitalize on the franchise, according to Kapitall: SCHL, AMZN, HAS, MAT, IMAX. But trying to play this movie "isn’t a way to make a killing. It’s a way to get killed," Ben Levisohn warns. (also)
    | Mar. 22, 2012, 11:59 AM
  • Mar. 22, 2012, 6:45 AM

    Amazon (AMZN) fired up its most successful promotion to date this week when it sold 1M gift cards in only 17 hours. While it was a money loser for the company with each $10 gift card only selling for $5, it was a big win for AmazonLocal as it gained the extra million customers in its bid to catch up to Groupon, LivingSocial, and Travelzoo in the daily deals space.

    | Mar. 22, 2012, 6:45 AM | 4 Comments
  • Mar. 21, 2012, 4:15 PM
    Pinterest's phenomenal growth isn't letting up: comScore estimates the site had 17.8M U.S. unique visitors in February, up 52% M/M. However, this growth, which has led one firm to estimate Pinterest is already worth $500M, is also leading to some serious IP headaches, as photo copyright owners begin sending takedown requests to both Pinterest and infrastructure provider Amazon Web Services (AMZN).
    | Mar. 21, 2012, 4:15 PM
  • Mar. 21, 2012, 10:55 AM
    Nomura continues to express concern (previously) over Amazon's (AMZN -0.2%) low margins, and notes the company's inventory turnover has "fallen to new historical troughs." Moreover, the firm expects Amazon's growing dependence on Electronics & General Merchandise (EGM) sales, which it expects to account for 83% of revenue in 2016 (up from 62% in 2011), to lead to continuing margin pressure. Can Kiva's robots help prove skeptics wrong?
    | Mar. 21, 2012, 10:55 AM
  • Mar. 20, 2012, 5:46 PM

    Though it opened lower, Amazon (AMZN +3.7%) finished the day with a solid gain, as analysts rushed to praise its acquisition of Kiva (I, II). Goldman and JPMorgan note the potential of Kiva's technology to put a lid on Amazon's soaring headcount and fulfillment expenses, and UBS, which believes Kiva generated $100M in 2011 revenue, thinks the deal should be accretive going forward.

    | Mar. 20, 2012, 5:46 PM
  • Mar. 20, 2012, 2:52 PM

    Google (GOOG) and Amazon (AMZN) would be well served by following Apple's payout example, or at least the buyback part, according to Barclays. GOOG has favorable cash flow aspects that investors might better appreciate if it were to pay out some of it, the firm says, and AMZN could cool some of the investor concern over its high spending.

    | Mar. 20, 2012, 2:52 PM | 4 Comments
  • Mar. 19, 2012, 5:15 PM

    More on Amazon/Kiva: Kiva has been growing at an 80% clip thanks to an innovative robot/software solution that automates "the process of picking, packing and shipping" products. Founder Mick Mountz boasts Kiva's solution, which has an average price of $5M, can handle 2x-4x as many orders/hour as a traditional approach. One unanswered question is the extent to which Amazon will support Kiva customers such as Staples, Gap, Saks, and Walgreen. AMZN now +0.1% AH. (PR)

    | Mar. 19, 2012, 5:15 PM
Company Description
Amazon.com, Inc. provides online retail shopping services. It provides services to four primary customer sets: consumers, sellers, enterprises, and content creators. The company also provides other marketing and promotional services, such as online advertising and co-branded credit card... More
Sector: Technology
Country: United States