Seeking Alpha
 

Amazon.com, Inc. (AMZN)

- NASDAQ
  • Jul. 27, 2011, 9:03 AM
    Premarket gainers: QCOR +14%. KEM +10%. NJ +10%. RFMD +6%. LVS +5%. AMZN +5%. AET +4%. BA +3%.
    Losers: JNPR -20%. PFCB -11%. ILMN -9%. ALU -7%. AVL -6%. CIEN -6%. LVLT 4 GLW -5%. ING -4%. WLP -3%. HES -3%. LYG -3%. EMR -3%. STD -3%.
    | Comment!
  • Jul. 26, 2011, 5:25 PM
    Is it possible big banks are underperforming not because of the bad assets on their books, or higher capital requirements, but because Google, Apple and Amazon are homing in on their business? Google is going everywhere, writes Dave Winer: "That Google-Plus account you're playing with today is going to be your bank account next year."
    | 6 Comments
  • Jul. 26, 2011, 4:14 PM
    More on Amazon.com (AMZN) earnings: Worldwide media sales up 27% to $3.66B; Worldwide Electronics sales up 69% to $5.89B. Kindle sales growth sped up sequentially and the Kindle store has more than 950K books. North America and international sales both up 51% Y/Y. Shares now up 5.2% AH. (PR)
    | Comment!
  • Jul. 26, 2011, 4:04 PM
    Amazon.com (AMZN): Q2 EPS of $0.41 beats by $0.06. Revenue of $9.9B (up 51% Y/Y) beats by $0.5B. Expects sharply lower operating income in Q3 of $20M to $170M, but revenues of $10.3B-$11.1B vs. $10.35B. Shares +1.3% AH. (PR)
    | 5 Comments
  • Jul. 26, 2011, 8:15 AM
    Amazon (AMZN) is looking to set up shop in India, according to a Times of India report. The company is reportedly in partnership talks with local online retailers, and could enter the market as soon as Q1 2012. However, as Wal-Mart (WMT) can attest, establishing a retail foothold in India is fraught with regulatory challenges.
    | 1 Comment
  • Jul. 26, 2011, 7:53 AM
    Amazon's (AMZN) Q2 results are due out later, with net profit seen at $0.34 vs. $0.45 but revenue at $9.37B vs. $6.57B. Net income was probably hit by continued investment in Amazon's distribution network and new products, which may include a much-rumored tablet.
    | Comment!
  • Jul. 26, 2011, 12:10 AM
    Notable earnings after Tuesday's close: ACE, AGNC, AMZN, CHRW, DWA, ERTS, GILD, HTS, IGT, ILMN, JNPR, KIM, LLTC, LVS, MTW, NBR, NSC, PMTC, PPDI, RFMD, TPX, TSS
    | Comment!
  • Jul. 25, 2011, 2:21 PM
    Amazon.com (AMZN) halts sales of Nintendo's (NTDOY.PK -1.8%) 3DS handheld game device due to a potential flaw: "There may be something wrong with our inventory of the item, the way we are shipping it, or the way it’s described here." Could be construction flaws, though one analyst thinks it's the device's streaming services like Netflix (NFLX) that Amazon has trouble with.
    | 1 Comment
  • Jul. 25, 2011, 10:12 AM
    Apple's (AAPL) insistence on taking a 30% cut of all purchases made through e-Reader apps running on its hardware has apparently led to Google Books (GOOG) being removed from the App Store. How Amazon (AMZN) responds to Apple's policy shift remains to be seen - its Kindle apps for iOS devices haven't yet been modified.
    | 1 Comment
  • Jul. 25, 2011, 8:07 AM
    Though still a small part of Amazon.com's (AMZN) business, the company's Web services division (AWS) is growing quickly, thanks to its scalable infrastructure and "pay as you go" pricing. JPMorgan sees AWS reaching $2.6B in revenues by 2015, while Cowen previously estimated $4B by 2016. Amazon reports earnings tomorrow.
    | 1 Comment
  • Jul. 22, 2011, 9:48 AM
    A marketing advocacy group is taking up the case for Amazon (AMZN -0.5%) and affiliate marketers by declaring a victory in Minnesota over the "Amazon Tax," and disputing the California online sales tax initiative. Just for good measure, earlier this summer the group filed a lawsuit declaring the online sales tax in Illinois unconstitutional.
    | 1 Comment
  • Jul. 21, 2011, 11:54 AM
    Facing weak sales of marquee titles as spending shifts to online and mobile games, Electronic Arts (ERTS) is thinking of taking a page from Amazon (AMZN) and Netflix (NFLX) by offering all of its titles "for one fixed price over a variety of devices" EA also wants to build a "social ecosystem" to tie its users together across multiple platforms.
    | 2 Comments
  • Jul. 21, 2011, 9:47 AM
    More on the New York Times' (NYT) Q2 results: Revenue missed consensus by $0.7M, and digital ad revenue was up only 2.6% Y/Y. However, digital subscriptions grew to 224K, up from 100K in April. In addition, the company has 57K in subscriptions for platforms such as Amazon's (AMZN) Kindle. Shares +6.8%. (PR)
    | Comment!
  • Jul. 20, 2011, 10:07 AM
    More on the AMZN/CBS deal: one bear asks if Netflix (NFLX -2.7%) is getting hit from this, what happens when Google (GOOG) buys Hulu?
    | 2 Comments
  • Jul. 20, 2011, 9:51 AM
    Amazon (AMZN) and CBS ink a deal to allow Amazon Prime customers - at no extra charge - to stream TV shows from the broadcaster's content library. Additionally, movies and TV shows from CBS will be available for all Amazon customers to purchase or rent. CBS +2.7%. NFLX -2%.
    | Comment!
  • Jul. 18, 2011, 4:38 PM
    Borders (BGPIQ.PK -32.9%) says it's liquidating, scrapping an auction plan, and will close its 399 bookstores. Liquidation is expected to begin for some stores and facilities as soon as Friday. 10,700 Borders employees lose, while Amazon (AMZN) and Barnes & Noble (BKS) win.
    | 2 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.