Seeking Alpha, Inc. (AMZN)

  • Nov. 14, 2011, 7:44 AM
    The first reviews for Amazon's (AMZN) Kindle Fire are ambivalent. "The Fire does not have anything like the polish or speed of an iPad (AAPL)," says the NYT's David Pogue. Engadget calls the device "a great value," and loves its content integration, but also writes, "When stacked up against other popular tablets, the Fire can't compete."
    | Nov. 14, 2011, 7:44 AM | 9 Comments
  • Nov. 13, 2011, 8:37 AM
    While "the pricey Android" guys are likely to feel the immediate brunt of the $199 Kindle Fire (AMZN), Brooke Crothers believes the iPad (AAPL) will be vulnerable in the longer term. The impact is "as inevitable as the $999 MacBook Air," which began life in the $1,800-$3,000 range.
    | Nov. 13, 2011, 8:37 AM | 32 Comments
  • Nov. 11, 2011, 4:24 PM
    As Amazon (AMZN) gears up to ship the Kindle Fire, it can boast an early lead in available content over Barnes & Noble's (BKS) Nook Tablet. While both devices will support staples such as Netflix, Pandora, and Angry Birds, Amazon's Appstore for Android easily carries more programs than B&N's Nook Apps collection, and its 400+ newspaper/magazine titles beats B&N's 270+ titles.
    | Nov. 11, 2011, 4:24 PM | Comment!
  • Nov. 11, 2011, 1:55 PM
    Nvidia (NVDA +3.5%) is now rallying following a morning plunge. Commentary on the company's FQ3 report (I, II) has focused heavily on its Tegra mobile processor chips. Raymond James (Strong Buy) is happy with the design win pace for Tegra 3 chips, while MKM (Neutral) is concerned about the loss of Motorola as a customer, as well as AMZN's decision to go with TXN for the Kindle Fire. (transcript)
    | Nov. 11, 2011, 1:55 PM | Comment!
  • Nov. 11, 2011, 10:24 AM
    Nomura takes a guarded stance on Amazon (AMZN) and eBay (EBAY), launching coverage on both at Neutral (I, II). While expecting Amazon's revenues to soar, Nomura also expects its massive investments to create sustained margin pressure. As for eBay, the firm doubts the recent rebound in eBay's Marketplaces business will last. "We do not believe in Internet turnaround stories," it asserts.
    | Nov. 11, 2011, 10:24 AM | 1 Comment
  • Nov. 11, 2011, 9:40 AM
    Forrester estimates U.S. holiday spending will grow at a 15% clip Y/Y to hit $60B - linking the healthy increase to the ease of shopping with tablet computers and a growth in online deals. The firm's research shows close to half of all consumers believe they can find better deals online at sites such as AMZN, EBAY, and OSTK than from pounding the pavement.
    | Nov. 11, 2011, 9:40 AM | Comment!
  • Nov. 11, 2011, 8:00 AM
    Sun Microsystems co-founder Andy Bechtolsheim thinks Amazon's (AMZN) fast-growing web services division (AWS), together with quality open-source software, has created a more level playing field for startups relative to incumbents. AWS' low costs and scalability have led even larger firms such as Netflix (NFLX) to stay loyal, rather than build out their own infrastructure.
    | Nov. 11, 2011, 8:00 AM | Comment!
  • Nov. 10, 2011, 5:15 PM
    Why would Amazon (AMZN) suddenly add its support to the momentum behind an Internet sales tax? In a nutshell, because eBay (EBAY) is against it. EBay's business is based much more around servicing small retailers, and thus would be hurt more than its bigger rival. Joe Weisenthal sees Amazon becoming more like Wal-Mart (WMT), "turning the screws to smaller businesses."
    | Nov. 10, 2011, 5:15 PM | 3 Comments
  • Nov. 10, 2011, 2:14 PM
    Barnes & Noble (BKS +7.6%) is rallying hard for the second straight day; shares are now up nearly 30% since the company unveiled its Nook Tablet on Tuesday. Short-covering is likely a factor (46.7% of float shorted as of Oct. 14), though it doesn't hurt that the Nook Tablet's impressive specs have calmed fears B&N would have no answer to Amazon's (AMZN) Kindle Fire. (earlier)
    | Nov. 10, 2011, 2:14 PM | Comment!
  • Nov. 10, 2011, 2:02 PM
    Some e-reader facts from a giant infographic made by RetailMeNot: the % of U.S. adults with an e-reader doubled to 28M between Nov. '10 and May '11; e-book sales accounted for 8.3% of book sales in 2010; Amazon (AMZN) sells 143 e-books for every 100 hardcovers; and 53% of e-reader owners say they read more now than 6 months ago, compared with 18% of non-owners. (IDC data)
    | Nov. 10, 2011, 2:02 PM | Comment!
  • Nov. 10, 2011, 10:43 AM
    Apple (AAPL -2.3%) continues moving lower (previously) on account of a downbeat note from Cleveland Research. The firm is cutting its iPad shipment estimates, citing competition from Amazon's (AMZN) Kindle Fire. Amazon just lifted its 2011 orders for the Fire, which doesn't get put to the test by customers until next week.
    | Nov. 10, 2011, 10:43 AM | 13 Comments
  • Nov. 10, 2011, 7:36 AM
    As reports of strong consumer interest in the Kindle Fire pile up, Amazon (AMZN) is boosting its 2011 orders for the $199 tablet to 5M units, from a prior 4M. Amazon had already nudged up its Kindle Fire orders by 500K in the middle of Q3. (earlier)
    | Nov. 10, 2011, 7:36 AM | 2 Comments
  • Nov. 10, 2011, 7:16 AM
    A new report from market research group IHS iSuppli pins down the cost for Amazon (AMZN) to manufacture its new $79 Kindle e-reader at $84.25. Analysis from the firm found the total cost of materials for the company was $78.59, while the cost for putting them all together came in at $5.66. Amazon expects to make up for Kindle production losses with embedded advertising and by stoking sales from the devices.
    | Nov. 10, 2011, 7:16 AM | Comment!
  • Nov. 9, 2011, 5:28 PM
    UBS refreshes its list of 15 most shorted stocks based on the highest concentration of its clients. Blue chips Johnson & Johnson (JNJ) and Citigroup (C) are newcomers to the list. Others: AET, LEN, PANL, NFLX, GMCR, ESRX, CMG, CRM, KMX, LLTC, AMZN, VZ.
    | Nov. 9, 2011, 5:28 PM | 3 Comments
  • Nov. 9, 2011, 2:31 PM
    ComScore's report on retail E-Commerce sales (previous) showing strong gains in the Jewelry & Watches category doesn't quite dovetail with Blue Nile's (NILE -30.5%) disastrous Q3 report. The fly in the ointment could be the higher wholesale diamond prices that online jewelry sellers such as NILE, OSTK, ZLC, AMZN, and TIF have a tough time passing on to strapped bargain-hunting consumers as easily as brick-and-mortar retailers like ZLC and SIG.
    | Nov. 9, 2011, 2:31 PM | Comment!
  • Nov. 9, 2011, 1:55 PM
    Amazon (AMZN) has acquired Yap, a privately-owned developer of voice recognition software for mobile devices. Expect Yap's technology to turn up on a Kindle Fire at some point, as Amazon attempts to provide an alternative to Apple's (AAPL) Siri and Google's (GOOG) Android Voice Search app.
    | Nov. 9, 2011, 1:55 PM | 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