Seeking Alpha, Inc. (AMZN)

  • Dec. 1, 2011, 11:03 AM
    JPMorgan's Mark Moskowitz is out with another bullish note on Apple (AAPL +0.7%), in which he raises his FQ1 estimates above consensus. While lowering his FQ1 iPad shipment forecast by 300K to 13M, partly on account of Kindle Fire (AMZN) demand, Moskowitz is lifting his iPhone forecast by 2.7M to 28M, after his "research inputs" indicate strong sales. (previously)
    | Dec. 1, 2011, 11:03 AM | Comment!
  • Dec. 1, 2011, 10:27 AM
    Shares of Barnes & Noble (BKS -12.5%) get hammered in early trading after the firm misses consensus EPS estimates badly and says it expects full-year earnings to fall in the lower end of its previously issued guidance. The company says it will increase its spend on marketing and advertising for its Nook business - cutting into margins already razor-thin with rival Amazon (AMZN +2.2%) willing to sell e-readers at a loss (I, II).
    | Dec. 1, 2011, 10:27 AM | Comment!
  • Dec. 1, 2011, 6:54 AM
    Amazon (AMZN) looks to grow sales in Spain after launching the Spanish Kindle store stocked with over 900K titles and a new 170-gram Spanish-language Kindle with built-in Wi-Fi support. The firm already has online stores in the UK, France, and Germany on the continent.
    | Dec. 1, 2011, 6:54 AM | Comment!
  • Nov. 30, 2011, 1:17 PM
    eBay's (EBAY +3.2%) response in a House hearing to the proposed Marketplace Fairness Act getting bandied around Washington (previous) is to point out that the so-called "level playing field" advocated by rival Amazon (AMZN +1.4%) actually isn't so equal. "Small businesses retailers face many competitive disadvantages when compared to larger retailers."
    | Nov. 30, 2011, 1:17 PM | 1 Comment
  • Nov. 30, 2011, 1:07 PM
    Amazon (AMZN +2.2%) supports an "even-handed" federal framework for collecting online sales taxes as long as it's all-inclusive, according to testimony at a House hearing today. The idea being pushed by voter-conscious politicians is to help put local mom-and-pop stores on the same playing field as online retailers when it comes to taxes. The relatively complacent attitude from AMZN on online taxes that are sure to cut into its pricing advantage isn't tied to any sense of fairness - but focuses on a larger strategy with its battle vs. EBAY and its army of small online sellers.
    | Nov. 30, 2011, 1:07 PM | 4 Comments
  • Nov. 30, 2011, 9:25 AM
    Nvidia (NVDA) gains 4% after Canaccord's checks lead it to believe one of the company's Tegra app processors has been designed into the next-gen version of Amazon's (AMZN) Kindle Fire. Investors were hopeful a Tegra chip would be used in the current Fire, but Amazon wound up using a Texas Instruments (TXN) OMAP 4 processor.
    | Nov. 30, 2011, 9:25 AM | Comment!
  • Nov. 29, 2011, 10:07 AM
    As far as tablets go, Windows 8 (MSFT) will be "very late to the party," warns Forrester's J.P. Gownder: By the time Windows 8 tablets arrive in 2H 2012, AAPL, AMZN, BKS, and others will have already won the hearts and wallets of tens of millions of consumers and businesses. Software compatibility issues for ARM-based (ARMH) Windows 8 systems could also slow tablet adoption. (previously)
    | Nov. 29, 2011, 10:07 AM | 3 Comments
  • Nov. 28, 2011, 2:44 PM
    Google's (GOOG +4.4%) oft-criticized music service (I, II) shows its serious side with Cyber Monday deals meant to sharply undercut pricing from rivals Amazon (AMZN +6.5%) and Apple (AAPL +3.5%). Albums priced at $1.99 are now available via the Android Market. A key unanswered question: Can Google strategically embed the service on the Android platform and leverage its search dominance to boost sales and market share?
    | Nov. 28, 2011, 2:44 PM | 1 Comment
  • Nov. 28, 2011, 1:35 PM
    It looks as if Best Buy (BBY) is giving up on Research In Motion's (RIMM +2.8%) PlayBook: many online buyers are reporting cancelled orders, and PlayBook listings on Best Buy's web site have been pulled. The PlayBook has seen dismal sales this year, and the release of Amazon's (AMZN) Kindle Fire (also a 7-inch tablet) may prove the nail in its coffin. Update: Best Buy has responded to the controversy by stating it sold out of PlayBooks following a $300 price drop, and will restock them soon. (also)
    | Nov. 28, 2011, 1:35 PM | 12 Comments
  • 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!
AMZN vs. ETF Alternatives
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 offerselectronic devices like Kindle e-readers and Fire tablets.
Sector: Technology
Country: United States