Seeking Alpha, Inc. (AMZN)

  • Nov. 28, 2011, 10:05 AM
    Investors in retailers choose to accentuate the positive and eliminate any potential negative, as retail stocks (XRT +3.9%) post major moves in the early going. Among the notable gainers: AEO +5.2%, ANF +4.6%, BBY +4.2%, TIF +5.6%, AMZN +5.3%, JCP +3.5%, KSS +2.4%, TGT +2.3%, WMT +1.4%.
    | Nov. 28, 2011, 10:05 AM | Comment!
  • Nov. 28, 2011, 6:43 AM
    Amazon (AMZN) reports Kindle sales increased 4X over last year's Black Friday haul as consumers loaded up on its line of e-readers that it's selling at a loss in order to gain content customers. ComScore confirms Amazon's big day, saying tallied 50% more visitors than any other retailer's website. Shares +3.9% premarket.
    | Nov. 28, 2011, 6:43 AM | 4 Comments
  • Nov. 28, 2011, 3:56 AM
    More on Thanksgiving weekend: Analysts reckon Best Buy (BBY), Macy's (M), Wal-Mart (WMT) and Amazon (AMZN) were among the early winners. However, some remain cautious about the overall prospects. "One swallow does not a holiday season make," says one observer.
    | Nov. 28, 2011, 3:56 AM | Comment!
  • Nov. 25, 2011, 12:20 PM
    Internet stocks are selling off, with Netflix (NFLX -6.6%), LinkedIn (LNKD -3.8%), and Groupon (GRPN -4.3%) all adding to their recent bloodletting. Amazon (AMZN -3.8%) and eBay (EBAY -1.3%) are also moving lower, in spite of positive Thanksgiving e-commerce data.
    | Nov. 25, 2011, 12:20 PM | 2 Comments
  • Nov. 25, 2011, 10:45 AM
    Here's an encouraging early piece of holiday shopping news: IBM's Coremetrics retail data indicates online Thanksgiving sales were up 39% Y/Y, as consumers scooped up major electronics and apparel promotions. It's added that the share of consumers using a mobile device to make a purchase rose to 11.09%, from 4.25% in the year-ago period. (comScore forecast)
    | Nov. 25, 2011, 10:45 AM | 2 Comments
  • Nov. 23, 2011, 11:43 AM
    Needham's Kerry Rice is lifting his 2011 estimates for Amazon (AMZN), citing strong Kindle Fire demand, positive online shopping data, and the fact the Fire's manufacturing costs are lower than feared. Meanwhile, Citi's Mark Mahaney is lifting his 2012 shipment forecast for all Kindle models to 30M from a prior 26M, due to optimism about both the Fire (12M units) and the overlooked Kindle Touch. (previously)
    | Nov. 23, 2011, 11:43 AM | Comment!
  • Nov. 23, 2011, 9:16 AM
    Online shopping remains brisk in the first weeks of the holiday season: comScore estimates U.S. retail e-commerce spending (exc. auctions) rose 14% Y/Y in the first 3 weeks of November. The firm estimates sales for the entire holiday season will rise 15%, up slightly from the 13% clip seen for e-commerce sales from January to October. (Q3 data) (retail sales)
    | Nov. 23, 2011, 9:16 AM | Comment!
  • Nov. 22, 2011, 11:57 AM
    Qualcomm (QCOM +0.1%) announces South Korean bookseller Kyobo is launching the first e-reader to use Qualcomm's Mirasol display technology. Qualcomm has invested heavily in Mirasol, which it touts as combining the low power draw and readability of the e-ink screens found on most e-readers with color support. Amazon (AMZN) has tested Mirasol for use in its Kindles, but hasn't yet adopted it.
    | Nov. 22, 2011, 11:57 AM | Comment!
  • Nov. 21, 2011, 10:51 AM
    The inventory gluts seen by Android tablet vendors this year may get even worse after the holiday season ends, according to DigiTimes's sources, as the arrival of the Kindle Fire (AMZN) and Nook Tablet (BKS) make life even more difficult for tablet vendors struggling to compete with the iPad (AAPL). NVDA and ATML are two chip suppliers who would likely take a hit from a major inventory drawdown.
    | Nov. 21, 2011, 10:51 AM | Comment!
  • Nov. 21, 2011, 8:31 AM
    14% of respondents in a ChangeWave survey of North American consumers said they'll buy a tablet in the next 90 days - up from just 4% a year ago. While many are interested in the Kindle Fire (AMZN), nearly 3x as many would-be buyers said they would buy an iPad (AAPL). Moreover, 74% of current iPad owners said they were "very satisfied" with their purchase, compared with just 49% of owners of other tablets. (earlier)
    | Nov. 21, 2011, 8:31 AM | 3 Comments
  • Nov. 21, 2011, 7:43 AM
    In line with prior reports, DigiTimes claims Amazon (AMZN) will launch an 8.9-inch version of the Kindle Fire in Q2 2012. Its use of an 8.9-inch display is reportedly motivated by price cuts for 8.9-inch panels from Samsung and LG Display (LPL). With iSuppli estimating the display/touchscreen assembly for the iPad 2 (AAPL) costs $127 alone, Amazon has some motivation to use a smaller display. (earlier)
    | Nov. 21, 2011, 7:43 AM | 4 Comments
  • Nov. 19, 2011, 10:15 AM
    "It's not an iPad competitor or alternative. It's not the same kind of device at all. And whatever it is, it's a bad version of it," writes Instapaper creator Marco Arment in a scathing review of the Kindle Fire (AMZN). GigaOm's Kevin Tofel feels differently after a 30 minute test run, saying for $199, it's a nice device to enjoy media. "Did you do this to your Kindle Fire?" asks Om Malik.
    | Nov. 19, 2011, 10:15 AM | 36 Comments
  • Nov. 18, 2011, 3:43 PM
    An analysis from Bloomberg finds Wal-Mart (WMT) widening its pricing advantage for toys over Target (TGT) and Amazon (AMZN) as the holiday season approaches. Has it already been 4 months since Morgan Stanley declared Wal-Mart to be losing its pricing edge?
    | Nov. 18, 2011, 3:43 PM | Comment!
  • Nov. 18, 2011, 3:25 PM
    The Financial Times (PSO) says it now has 1M registered users for a mobile app leveraging HTML5 technology, which allows it to sidestep Apple's 30% cut on content purchases involving iOS apps. Facebook and Amazon (AMZN) are also embracing HTML5; the bigger concern for Apple (AAPL) isn't losing the 30% cut, but the long-term potential for HTML5 to act as an alternative to writing native iOS (and for that matter, Android) apps.
    | Nov. 18, 2011, 3:25 PM | 6 Comments
  • Nov. 18, 2011, 2:21 PM
    As Amazon (AMZN -2.9%) shares near three-month lows, one factor could involve some negative initial feedback from this week's Kindle Fire launch. Tech Crunch reports some users are suffering WiFi reception problems, with others saying the device shuts off its wireless when the display is turned off. No official word yet from Amazon, and it’s not clear how many devices are actually affected.
    | Nov. 18, 2011, 2:21 PM | Comment!
  • Nov. 18, 2011, 10:57 AM
    A new iSuppli teardown shows the cost to make the Kindle Fire (AMZN -0.8%) is $201.70, while the device sells for $199, reinforcing assumptions that Amazon sells the product at or near a loss. Among component suppliers, iSuppli says the biggest winner is Texas Instruments (TXN +0.2%), with total components accounting for ~13% of the device's total bill of materials.
    | Nov. 18, 2011, 10:57 AM | 2 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