Seeking Alpha, Inc. (AMZN)

  • Oct. 9, 2011, 12:02 PM
    Figures showing Amazon's (AMZN) Kindle Fire on track to beat the iPad (AAPL) in first month sales might mean Apple's tablet has its first true competitor, writes Blake Snow. Price is the Fire's #1 strength, he says, but don't forget its content advantage, free cloud storage, an AppStore that combines the best of Apple and Android, and a smaller size making it easier to hold.
    | Oct. 9, 2011, 12:02 PM | 22 Comments
  • Oct. 7, 2011, 6:15 PM
    The Economist's Greg Ip wonders if the passing of Steve Jobs is symbolic of "a broader decline in American entrepreneurship." U.S. self-esteem is now embodied by Apple, Google, Facebook and Amazon, which employ just 113K, a third of GM’s payroll in 1980. The loss of middle-class jobs isn't a U.S.-only problem, but "this does not excuse American governance for making matters worse."
    | Oct. 7, 2011, 6:15 PM | 7 Comments
  • Oct. 7, 2011, 3:13 PM
    IHS estimates U.S. sales of DVD and Blu-Ray titles fell 14% in 1H '11, to $3.96B. Though hopeful 2H sales will be better, the slow adoption of Blu-Ray is proving a handicap for studios such as DIS, TWX, LGF, and MGM, and increasing the appeal of online distributors such as NFLX and AMZN as a way to monetize content.
    | Oct. 7, 2011, 3:13 PM | 2 Comments
  • Oct. 7, 2011, 1:31 PM
    Amidst the outpouring of emotion following Steve Jobs' death has come some debate over which tech CEO, if any, might be Jobs' heir as a visionary and showman. Jeff Bercovici makes the case for Mark Zuckerberg, citing a list of similarities. Mat Honan argues that, after last week's Kindle Fire presentation, Jeff Bezos fits the bill. (more)
    | Oct. 7, 2011, 1:31 PM | 10 Comments
  • Oct. 6, 2011, 2:19 PM
    Having resigned itself last week to collecting sales taxes in California by 2013, Amazon (AMZN) has now agreed to a deal to begin collecting them in Tennessee in 2014. Amazon also says it will invest $350M in Tennessee, building two new distribution centers in the state along the way.
    | Oct. 6, 2011, 2:19 PM | Comment!
  • Oct. 5, 2011, 11:54 AM
    India is set to unveil the Aakash, a tablet computer that will be sold to students in that country at the subsidized price of $35. While possibly making a difference in rural education in India, the tablet is not likely to have appeal beyond that. "The thing with cheap tablets is most of them turn out to be unusable," says a tech reviewer.
    | Oct. 5, 2011, 11:54 AM | Comment!
  • Oct. 5, 2011, 9:00 AM
    Amazon's (AMZN) web services business continues growing by leaps and bounds. The latest evidence: the number of objects stored by Amazon's S3 storage service more than doubled from Q4 2010 to Q3 2011, to 566B. Both Cowen and J.P. Morgan have aggressive long-term targets for Amazon's broader web services sales. (also)
    | Oct. 5, 2011, 9:00 AM | Comment!
  • Oct. 3, 2011, 5:04 PM
    Research firm eDataSource estimates Amazon (AMZN) took in 95K Kindle Fire pre-orders during its first day of availability, even though the device won't be released until Nov. 15. This compares with over 300K pre-orders for the original iPad (AAPL) on its first day of availability.
    | Oct. 3, 2011, 5:04 PM | 5 Comments
  • Oct. 3, 2011, 10:47 AM
    Amazon (AMZN +0.7%) outperforms a little after Stifel's Jordan Rohan upgrades shares to Buy. Rohan expects a weak economic environment to boost Amazon's market share gains, given its position as a cost leader. He also thinks Amazon's lofty valuation can be justified by the sustainability of its growth.
    | Oct. 3, 2011, 10:47 AM | 1 Comment
  • Oct. 2, 2011, 7:02 AM
    Best Buy (BBY) slashes its price for the HTC Flyer tablet from $499 to $299. H-P's decision to unload TouchPads for $99 "permanently changed consumer acceptance of prices that were always idiotic for tablet(s)," writes Karl Denninger. "Firms enjoying high margins on them now (cough-AAPL-cough) are going to get trashed."
    | Oct. 2, 2011, 7:02 AM | 48 Comments
  • Sep. 30, 2011, 2:22 PM
    Each new Kindle Fire costs $209.63 to make, IHS iSuppli estimates, meaning Amazon (AMZN -1.4%) would lose just under $10 on each device it sells. Amazon hopes the tablet encourages users to buy more products and services from it; factoring in expected sales of digital content, iSuppli calculates Amazon will generate a $10 marginal profit on each Fire sold.
    | Sep. 30, 2011, 2:22 PM | 5 Comments
  • Sep. 30, 2011, 9:48 AM
    J.P. Morgan's Mark Moskowitz, done refuting co-workers, says he's unimpressed with the Kindle Fire (AMZN), believing the device can't match the experience provided by the iPad (AAPL). But as John Paczkowski notes, the Fire appears aimed at a different market segment. And a 10-inch model that's more of an iPad rival may arrive in time. (earlier)
    | Sep. 30, 2011, 9:48 AM | 1 Comment
  • Sep. 30, 2011, 9:28 AM
    Ovum expects the market for public (externally hosted) cloud services to grow at a 29.4% annual rate from 2011 to 2016, eventually reaching a size of $66B. The markets for IaaS cloud solutions such as those from AMZN and RAX, and PaaS solutions such as CRM's, are expected to grow even faster. (also)
    | Sep. 30, 2011, 9:28 AM | 2 Comments
  • Sep. 30, 2011, 8:03 AM
    DigiTimes' sources believe Amazon (AMZN) will ship 4M Kindle Fire units in 2011 - a solid start, but well below the 11M-15M iPad (AAPL) units expected to ship in Q4. It's also claimed Amazon will sell 15M+ units of its new e-ink Kindle models (I, II) this year, a sales rate that would represent a major ramp from the 6M Kindles IDC estimates Amazon sold in 1H '11.
    | Sep. 30, 2011, 8:03 AM | Comment!
  • Sep. 29, 2011, 10:43 PM
    A source tells VentureBeat that Amazon (AMZN) is "in serious negotiations" to acquire H-P's (HPQ) webOS unit. Though Amazon's just-announced Kindle Fire is based on Android (GOOG), Amazon has highly customized the OS, and so adopting large portions of webOS' interface and feature set seems within the realm of possibility.
    | Sep. 29, 2011, 10:43 PM | 3 Comments
  • Sep. 29, 2011, 5:03 PM
    Best Buy (BBY) has had a rough year, thanks to concerns about weak consumer spending and competition from the likes of AMZN and WMT. But Chad Sandstedt thinks bears are overlooking the profitability of Best Buy's high-margin services business. This, he thinks, can prop up the company, which now trades at 8x EPS, even if it fails to grow.
    | Sep. 29, 2011, 5:03 PM | 3 Comments
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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