Will Big Returns Continue for Tech Giants? [View article]
"Expectations of a strong Christmas have propelled [Amazon] up." Most retail analysts are expecting a flat holiday season with nearly have of consumers spending the same as last year and nearly half spending LESS than last year and a tiny minority spending more. Nevertheless, Amazon might be able to see some sales growth by capturing a larger share of holiday sales, but there are low prospects of much holiday sales growth. Large volumes of recent insider selling and secretive Kindle sales figures also don't inspire confidence either.
These high valuations have caused a lot of recent insider selling at both Apple and Amazon which suggests that these high valuations might not be sustainable. Apple insiders have sold about $80 million recently and Amazon insiders have sold a whopping $189 million recently. After all, looking at the government's U6 employment statistic, are the 17% of Americans who are unemployed or underemployed sitting at home buying iPhones at Amazon?
The $99 iPhone Is James Bond, The Others Are Joe Schmoe [View article]
This article is bascially a product review, articles on Seeking Alpha are supposed to be "Market Oriented" (seekingalpha.com/page/...), meaning financial markets, not product reviews or consumer information.
Don't be too optimistic that Sprint will be able to spin off Nextel. Many, Many Sprint sites were integrated into Nextel sites meaning that Sprint and Nextel antennas share a common rack and the Sprint telecom equipment was installed inside Nextel equipment shelters. In layman's terms -- the gear that makes the cellular sites work is too mixed together to separate into two separate cellular sites that two different companies could separately operate. Sprint and Nextel's integration problems were well known, separating them again will be even messier.
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Latest | Highest ratedWill Big Returns Continue for Tech Giants? [View article]
Apple, Amazon.com Approach All-Time Highs [View article]
The $99 iPhone Is James Bond, The Others Are Joe Schmoe [View article]
Nextel Better Off On Its Own? [View article]