Seeking Alpha
 

Amazon.com, Inc. (AMZN)

- NASDAQ
  • May 29, 2013, 10:12 AM
    Amazon (AMZN) roundup: 1) Looking to counter Netflix's original programming push, Amazon says it will produce 5 of the 14 original shows it agreed to pilots for. The shows include political comedy Alpha House (features John Goodman), startup comedy Betas, and kids robot show Annebots. The first season of Alpha House (13 episodes counting the pilot) will air in November. 2) Amazon is creating a sign-in service for 3rd-party sites/apps/games. The goal is to both keep users logged in to Amazon, and to gain valuable activity data that can be used to push/personalize products and content. But Facebook and Google have major head-starts here.
    | Comment!
  • May 29, 2013, 9:13 AM
    Amazon (AMZN) will launch sales of Kindle e-readers and tablets in China on June 7, according to Sina Tech. Though the market in China is gigantic, Amazon comes to the party late amid serious competition from domestic players. AMZN -0.5% premarket.
    | Comment!
  • May 28, 2013, 10:58 AM
    Amazon (AMZN +3.3%), eBay (EBAY +2.4%), and Overstock (OSTK +5.1%) outperform after May's consumer confidence print comes in at 76.1, well above a consensus of 71.5. Amazon and eBay rallied 11 days ago in response to strong mid-May consumer sentiment data.
    | Comment!
  • May 27, 2013, 5:15 AM
    Amazon (AMZN) workers at its logistic center in Leipzig in Germany were due to go on strike today in a dispute over pay and benefits. The action follows strikes at the online retailer's facilities in Bad Hersfeld earlier this month, as well as in Leipzig. The workers' union wants Amazon to implement a collective agreement similar to contracts at other mail order and retail companies.
    | 2 Comments
  • May 25, 2013, 4:15 PM
    Apple's (AAPL) effective tax rate of 14% is just a smidgin lower than IBM at 15% and Google (GOOG) at 17%. And Apple's hardly on the lowest rung: Amazon's (AMZN) rate is just 6%, Ford's (F) 3%, and Carnival's (CCL) just 1%. In trying to untangle what S&P 500 companies pay in taxes, David Leonhardt finds top executives are exceptionally shrewd at holding tax rates down. (infographic)
    | 35 Comments
  • May 22, 2013, 9:22 AM
    Amazon (AMZN) introduces a new publishing platform that will let writers use characters from existing works of licensed fiction to publish new stories and make them available for purchase in the Kindle store. The author-AMZN split will be 35%-65% for works of 10K words or more.
    | Comment!
  • May 21, 2013, 7:39 PM
    Amazon's (AMZN) ad ambitions pose a threat to Google (GOOG), thinks ReadWrite's Derek Brown. In addition to Amazon's vision/ambition, obsession with customer satisfaction, and willingness to forgo near-term profits, the e-commerce giant's mountains of consumer purchase data stand to give it an edge as it pushes ads on its sites, on Kindles, and through a targeted display ad network. Moreover, Amazon could provide customers/partners with "relevant online transaction activity that might follow [its ads], effectively offering a closed loop marketing environment unlike any other." Of course, Google isn't standing still either.
    | Comment!
  • May 21, 2013, 7:07 PM
    VMware (VMW, EMC) officially launches its vCloud Hybrid Service, which allows clients to pair on-premise workloads with a VMware-run public cloud infrastructure. VMware claims the service supports more than 90 OS', has high-availability options, and allows public and on-premise workloads to be jointly managed. VMware also says it will offer SAP software, including Hana, "as a subscription service on premise and in the cloud." vCloud Hybrid competes with Amazon Web Services, Microsoft's Azure (perhaps the most direct rival), and Rackspace's OpenStack offerings. ITWorld calls it "ideal for a significant set of enterprise applications," but adds it's "no Amazon killer," given AWS' focus on low cost and ease-of-use.
    | 3 Comments
  • May 21, 2013, 10:27 AM
    Amazon Web Services (AMZN) obtains FedRAMP accreditation, a security certification that should make it easier for state, local, and federal agencies to migrate workloads onto the cloud infrastructure platform. The credential has been granted two months after a report claimed AWS has won a 10-year, $600M deal from the CIA to build a private cloud for it.
    | Comment!
  • May 17, 2013, 2:38 PM
    Amazon (AMZN +1.5%) and eBay (EBAY +1.9%) are outperforming after mid-May U.S. consumer confidence numbers blow past expectations. Of course, it was European sales (I, II), rather than U.S. sales, that put investors in both companies on edge following their Q1 reports.
    | 1 Comment
  • May 17, 2013, 5:44 AM
    The British parliament will call Amazon (AMZN) back to testify before the Public Affairs Committee to explain how it justifies paying just $9M in income tax on some $23B in sales to British customers over the past six years, Reuters said Friday, citing lawmakers. The company claims it should only pay tax in Luxembourg as it operates a single business in Europe from there, rather than multiple independent subsidiaries across the region. Reuters suggests this is a mischaracterization.
    | 2 Comments
  • May 16, 2013, 2:32 PM
    Google's (GOOG -0.6%) I/O news deluge isn't over. 1) Google Search's Knowledge Graph feature is being updated to include more stats and anticipate/answer follow-up questions. Echoing Ray Kurzweil's remarks, Google also plans to use natural language analysis to make results more conversational. 2) The Compute Engine and App Engine cloud infrastructure/app development services (compete against AMZN) have received updates. Compute Engine is also now open to all developers. 3) YouTube's live streaming service is now available to any channel with 1K+ subs. 4) Facebook and Twitter Glass apps are about to launch. 5) Google has bought a quantum computer, and will use it in an artificial intelligence lab it's creating with NASA. (previous)
    | Comment!
  • May 16, 2013, 9:57 AM
    Amazon (AMZN +0.4%) keeps adding to its portfolio of video content by signing a new deal with Comcast (CMCSA -0.4%) for shows from NBC and other NBCUniversal networks. As is standard, the shows will be available on Prime Instant Video several months after they originally air.
    | 4 Comments
  • May 15, 2013, 1:51 PM
    Perhaps take it with a grain of salt, but a surprising 44% of consumers responding to a survey on the impact of an online sales tax say they will buy less items online if the legislation is passed into law. The number rises to 75% for the 18-year to 25-year old demographic (ZUMZ, ANF, URBN, ARO, BKE, VRA). Though seemingly a bad development for Amazon (AMZN -0.6%) and eBay (EBAY), many retail analysts thinks those shopping habits are pretty hard to break.
    | 5 Comments
  • May 15, 2013, 6:52 AM
    Amazon (AMZN) now has more than 4K members in its partner network designed to help lure big businesses to use its cloud computing services, up from just over a thousand a year ago. The company thinks using a partner ecosystem of middlemen with developed solutions that function on AWS servers can help convince large corporations and government agencies to make the final leap to AWS.
    | 5 Comments
  • May 13, 2013, 1:43 PM
    Amazon (AMZN) has bought Samsung's (SSNLF.PK) Liquavista e-reader display unit, The Digital Reader uncovers via Dutch regulatory filings; Amazon has subsequently confirmed the purchase. Past rumors indicated Samsung was trying to sell Liquavista, which was developing low-power color displays relying on a process called electrowetting, to Amazon for less than $100M. Look for Liquavista's tech to appear in future Kindle e-readers.
    | 3 Comments
Visit Seeking Alpha's
AMZN vs. ETF Alternatives
Company Description
Amazon.com 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 offerselectronic devices like Kindle e-readers and Fire tablets.
Sector: Technology
Country: United States