Seeking Alpha, Inc. (AMZN)

Show Summaries  |  Hide Summaries
  • Jul. 30, 2011, 2:29 PM
    Amazon (AMZN) is "a religion stock," writes Barron's, "either you are a believer, or you are not." Barron's appears to be the former, detailing how the stock could jump as much as 25% if Amazon can keep translating its heavy spending into rapid growth in its retailing, Kindle and cloud-computing businesses.
  • Jul. 28, 2011, 3:36 PM (OSTK) isn't sharing in eBay (EBAY) and Amazon's (AMZN) Q2 success: shares are down 9.7% after the company reported Q2 revenue and EPS of $235M (up just 2% Y/Y) and -$0.34, below a consensus of $242.1M and -$0.17. Free cash flow for the quarter was -$16.7M. (PR)
    | Comment!
  • Jul. 28, 2011, 1:58 PM
    After striking a video streaming deal with CBS last week, Amazon (AMZN) is now announcing a deal with NBCUniversal for access to certain Universal Studios movies. Amazon claims the move will bring the size of the streaming library for its Prime Instant Video service to 9K titles; Netflix (NFLX) was estimated in January to offer 20K titles.
    | 1 Comment
  • Jul. 27, 2011, 9:57 AM
    Morgan Stanley's Scott Devitt thinks Amazon's (AMZN +5.7%) surging revenues put it right around where Wal-Mart (WMT) was in 1991. Only he thinks Amazon's story is better, due to the company's business model "allowing it to participate in a transition of physical to digital retail" that can produce "higher long-term economic returns."
    | Comment!
  • Jul. 27, 2011, 9:08 AM
    Analysts are lifting their targets for Amazon (AMZN) following its Q2 beat and strong Q3 guidance. Citi notes Q2 featured Amazon's fastest growth in a decade, and argues the company's operating margin only fell due to R&D and Fulfillment spending that's "creating even deeper moats." AMZN +5.1% premarket, putting its market cap above $100B for the first time. (transcript)
    | Comment!
  • 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."
  • Jul. 26, 2011, 4:14 PM
    More on (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 (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)
  • 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 (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'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
Visit Seeking Alpha's
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