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  • Dec. 22, 2011, 8:51 AM

    Amazon (AMZN) is staffing up, announcing the opening of four total new fulfillment centers in Virginia and Tennessee requiring combined 2,650 new staff.

    | Dec. 22, 2011, 8:51 AM
  • Dec. 21, 2011, 10:44 AM
    Quick take on Research In Motion (RIMM) speculation: One overlooked possibility regarding the Amazon (AMZN) rumors is that the company was interested in acquiring RIM for its network operation centers (NOCs), which accelerate content in a manner similar to its Silk browser, and could potentially bolster its booming web services business. The NOCs, which many want turned into a separate business (I, II), may be RIM's most valuable asset at this point.
    | Dec. 21, 2011, 10:44 AM
  • Dec. 20, 2011, 6:18 PM
    The report that RIM nixed takeover queries from Amazon (AMZN) and others only confirms that RIMM management is "ignoring both reality and the need to act as shareholder fiduciaries," Eric Savitz reacts. "I’m actually not sure what is more shocking: the idea that Amazon was interested in buying RIM, or the fact that RIM cut them off and said no."
    | Dec. 20, 2011, 6:18 PM | 11 Comments
  • Dec. 20, 2011, 6:11 PM

    Research In Motion (RIMM) +7.2% AH after Reuters reports the company turned down takeover overtures from Amazon (AMZN) and other potential buyers because it prefers to fix its problems on its own. Amazon reportedly hired an investment bank this summer to review a potential merger with RIM, but it didn't make a formal offer.

    | Dec. 20, 2011, 6:11 PM | 5 Comments
  • Dec. 20, 2011, 9:43 AM

    The CEO of publishing house Simon & Schuster provides more evidence of how the Kindle (AMZN) and Nook (BKS) are upending the publishing landscape, stating e-books are expected to account for 17% of her company's 2011 revenue - up from 10% in 2010. Nate Hoffelder expects Q4's e-reader releases (I, II, III) to lead to another jump in e-book sales. (previously)

    | Dec. 20, 2011, 9:43 AM
  • Dec. 20, 2011, 7:47 AM

    Mobile ad network Millennial Media, believed to be weighing an IPO, claims the number of ad impressions it's delivering to Kindle Fire users has been growing at a 19% daily pace, with the monthly total now in the "hundreds of millions." Goldman, for its part, thinks Amazon (AMZN) could ship 6M Kindle Fire units by year's end, and 15.5M-20.5M next year.

    | Dec. 20, 2011, 7:47 AM
  • Dec. 19, 2011, 4:41 PM

    2012 will be the year bricks-and-mortar retailers start to have their profitability threatened by e-commerce's growth, claims big-shot VC Marc Andreessen in an interview. The threat comes not just from Amazon (AMZN), in his view, but from a slew of upstarts trying to provide personalized experiences for consumers. Of course, Andreessen is far from an impartial observer on the subject.

    | Dec. 19, 2011, 4:41 PM | 1 Comment
  • Dec. 19, 2011, 1:26 PM

    Google's (GOOG) Eric Schmidt tells an Italian paper his company will release a high-end tablet, presumably based on Ice Cream Sandwich, in the next 6 months. The iPad has thus far left every high-end rival fighting for scraps; Google needs to hope the Kindle Fire's (AMZN) success, mixed blessing though it is, will help narrow Apple's (AAPL) tablet app lead relative to Android.

    | Dec. 19, 2011, 1:26 PM | 3 Comments
  • Dec. 19, 2011, 12:24 PM

    A new Goldman Sachs report highlights that Target (TGT -1.1%) may be the poster child for an ongoing theme of retailers offering lower and lower prices in order to grab market share (Retailer margin shock: I, II). The firm's data tallies that Target holds a 18.7% pricing edge on toys over comparable products at rival Wal-Mart (WMT -0.6%), and an even bigger gap with Amazon (AMZN +0.1%). But will TGT's big bet on low-priced toys ultimately lead to profits from shoppers loading up on other items at the expense of other merchandise retailers?

    | Dec. 19, 2011, 12:24 PM | 1 Comment
  • Dec. 16, 2011, 4:56 PM

    EBay (EBAY) is partnering with three major retailers to get online shoppers to also buy in the store, offering those who spend $100 online a $10 voucher to spend at the same retailer's store. The promotion, which takes the opposite approach of Amazon's (AMZN) recent effort, will run through Dec. 19 with three retailers: Toys 'R' Us, Dick's Sporting Goods (DKS) and Aeropostale (ARO).

    | Dec. 16, 2011, 4:56 PM | 1 Comment
  • Dec. 16, 2011, 4:28 PM

    IDC expects strong Kindle Fire sales to result in Android controlling 40% of the tablet market in Q4, up from 32.4% in Q3. However, that may prove a mixed blessing for Google, given the Fire runs on a highly customized version of Android. The firm estimates tablet sales rose 260% Y/Y in Q3 to 18.1M units, though that figure is below a 19.2M forecast. The iPad is estimated to have a 61.5% Q3 share. (previously)

    | Dec. 16, 2011, 4:28 PM
  • Dec. 16, 2011, 8:49 AM

    In-line with an earlier rumor, Digitimes' sources claim Apple (AAPL) will likely sell an iPad with a 7.85-inch display by Q4 2012, with the company purchasing LCD panels from LPL and AUO. The success seen by the 7-inch Kindle Fire (AMZN) on account of its $199 price tag could be motivating Apple to explore offering a cheaper iPad. However, Steve Jobs was adamant in his opposition to 7-inch tablets.

    | Dec. 16, 2011, 8:49 AM | 7 Comments
  • Dec. 15, 2011, 12:19 PM

    In spite of all the critical Kindle Fire reviews (I, II), Amazon (AMZN +1%) is announcing it's been selling well over 1M Kindles/week over the last 3 weeks. Kindle Fire sales are said to have increased each week. The news lends credence to a recent Goldman forecast of 6M Fire shipments by year's end, as well as to reports of the Fire having an impact on iPad (AAPL) sales. Of course, since Amazon treats the Fire as a loss leader, stronger-than-expected sales could actually hurt its Q4 profits.

    | Dec. 15, 2011, 12:19 PM | 10 Comments
  • Dec. 15, 2011, 11:25 AM

    New owners of Kindles (AMZN) and Nooks (BKS) may be in for a surprise: Prices of some popular e-books have soared, in some cases above their printed equivalents. The digital price hikes result from a decision by the six biggest publishers to set their own consumer e-book prices; no such agreement exists for printed books, where retailers are free to set their own prices.

    | Dec. 15, 2011, 11:25 AM | 5 Comments
  • Dec. 15, 2011, 8:06 AM

    Amazon (AMZN) is the GE of the Internet age, claims Venkatesh Rao in a lengthy piece, and Jeff Bezos its Jack Welch. Unlike other tech giants, Amazon primarily owes its success not to technical or design brilliance, but to strategic vision (I, II) that often throws conventional business thinking out the window. However, Rao cautions a lack of PR sensitivity could prove Amazon's Achilles heel.

    | Dec. 15, 2011, 8:06 AM | 1 Comment
  • Dec. 14, 2011, 8:49 AM
    Amazon (AMZN) is reportedly in talks with Sony (SNE), Warner Bros (TWX) and other movie studios to rejoin UltraViolet, their service that lets consumers store films online and play them on any device. A deal would enable Amazon to increase content for the Kindle Fire and help the studios speed adoption of UltraViolet.
    | Dec. 14, 2011, 8:49 AM | 3 Comments
Company Description Inc is an online retailer. The Company sells its products through the website which provides services, such as advertising services and co-branded credit card agreements. It also offers electronic devices like Kindle e-readers and Fire tablets.
Sector: Technology
Country: United States