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  • Fresh highs for Apple as payments reports dissected; eBay slips [View news story]
    The payment system will probably use existing credit card accounts, if so, cash back offers should remain in tact. Apple does not appear to be financing the transactions; the banks backing the credit cards would provide the financing.
    Sep 2 02:48 PM | 1 Like Like |Link to Comment
  • Bezos' 2014 Amazon investor letter talks AWS, Appstore, 3P growth [View news story]
    According to the Amazon 2013 10K, AWS accounts for, at most, about 5% of Amazon's total revenue.

    AWS revenues are included in "Other" - about $3.9B in 2013 (see page 25 of 10K). Amazon's total 2013 revenues were about $74B. So, if AWS accounted for the vast majority of "Other", its share of revenue would be only about 5%.
    Apr 11 09:58 AM | 1 Like Like |Link to Comment
  • Amazon And Netflix See Opportunity As Studios Abandon Small Films [View article]
    According to Netflix's own web site (see excerpt below), they neither own nor produce "House of Cards". Media Rights Capital owns "House of Cards" and Sony is a distribution partner. Netflix is licensing first-run rights to original content, similar to the broadcast and cable networks.

    http://nflx.it/Xzc0uh

    “House of Cards” is unique, as it is the first exclusive TV series to originate on Netflix.... “House of Cards” represents a slightly more risky approach; while we aren’t producing the show and don’t own it, we are agreeing to license it before it is successfully produced."
    Mar 24 11:44 AM | Likes Like |Link to Comment
  • Second season of House of Cards delivers for Netflix [View news story]
    You are correct.
    Media Rights Capital owns "House of Cards" and Sony has international distribution rights.
    (http://on.wsj.com/1cpXQRr and http://nflx.it/Xzc0uh)
    Feb 19 09:35 AM | 1 Like Like |Link to Comment
  • Smartphone shipments top 1B for 1st time; Samsung extends lead [View news story]
    In 4Q13, Samsung operating income was $7.74B, down 6% year-over-year; the first decline in more than two years.

    Cellphones and telecom equipment accounted for 66% or $5.1B of total operating income. Operating margin for the division fell to 16% from 17.8%, a year earlier.
    http://bit.ly/1mYNKZh
    Jan 29 04:45 PM | Likes Like |Link to Comment
  • LinkedIn boosted by BMO on China launch [View news story]
    The release actually states that the price target was raised from $235 to $270 - see below:

    "BMO Capital upgraded LinkedIn (NYSE: LNKD) from Market Perform to Outperform with a price target of $270.00 (from $235.00),..."

    http://bit.ly/1ju0YhL
    Dec 6 10:01 AM | 1 Like Like |Link to Comment
  • 2 Reasons Why Amazon.com Will Again Miss Revenue Estimates [View article]
    NWCorner - good point. Where determining incremental purchases of physical products is difficult, one can look at the growth rate of Amazon's media sales to get an estimate of how successful the Kindle Fire has been.

    According to Amazon 10Q filings, the quarterly year-over-year growth rate of Amazon's worldwide media sales have decreased from 19% in 1Q12 (Kindle Fire was available on 11/15/11) to 7% in 2Q13.

    Media sales should be accelerating, not decelerating. In addition, any sales of media, like physical goods, attributed to the Kindle Fire have to be incremental to what the buyer would have purchased without the device for true value to be realized.
    Sep 25 10:50 AM | Likes Like |Link to Comment
  • Amazon launches new tablets, cuts Fire HD price, enables offline viewing [View news story]
    According to Amazon 10Q filings, the quarterly year-over-year growth rate of Amazon's worldwide media sales have decreased from 19% in 1Q12 (Kindle Fire was available on 11/15/11) to 7% in 2Q13.

    If Kindle devices were successful at spurring purchases of media (e-books, videos, music, games, etc.), one would expect the growth rate for media sales to accelerate, not decelerate. In addition, any sales of media attributed to the Kindle Fire have to be incremental to what the buyer would have purchased without the device for true value to be realized.
    Sep 25 10:37 AM | Likes Like |Link to Comment
  • Cable networks dominate Emmys, Netflix picks up first award [View news story]
    According to Netflix's own web site (http://nflx.it/Xzc0uh), they did not produce, nor do they own "House of Cards" (see excerpt from web site below).

    “House of Cards” represents a slightly more risky approach; while we aren’t producing the show and don’t own it, we are agreeing to license it before it is successfully produced."
    Sep 23 09:10 AM | Likes Like |Link to Comment
  • More on Apple: iOS 7, 5C pre-orders, sapphire touchscreen rumor [View news story]
    According to the Apple web site, "iCloud Keychain" is "Coming Soon" - see: http://bit.ly/1a7tik2

    Here's an excerpt:
    "Now iCloud can remember your account names, passwords, and credit card numbers for you. And Safari will enter them automatically whenever you need to sign in to a site or shop online."

    Also, Apple has chosen not to release the finger print scanner API to 3rd party developers - http://bit.ly/1a7tik3
    Sep 19 02:25 PM | Likes Like |Link to Comment
  • Sell side: 5C not cheap enough [View news story]
    Actually, Strategy Analytics estimates that Samsung had greater handset (feature phone + smartphone) profits than Apple in 2Q13.

    Here is an excerpt from the report:
    Neil Shah, Senior Analyst at Strategy Analytics, said, "We estimate Samsung's operating profit for its handset division stood at US$5.2 billion in the second quarter of 2013. Samsung overtook Apple for the first time, which recorded an estimated iPhone operating profit of US$4.6 billion. With strong volumes,
    http://prn.to/12p8YLu
    Sep 11 03:42 PM | 2 Likes Like |Link to Comment
  • Apple closes lower following iPhone event; 5C to start at $735 in China [View news story]
    Clarification:
    http://bit.ly/18O8ywz

    "But it looks like the one carrier everyone was holding their breath for, China Mobile will have to wait. Ironically, while the new iPhones will support the carrier’s forthcoming LTE networks, it doesn’t support the unique Chinese flavor of CDMA China Mobile uses for 3G. Unless Apple plans on unveiling a new device specifically for China Mobile tomorrow at its separately planned Chinese media event, it looks like this is one iPhone rumor that turned out false."
    Sep 10 10:05 PM | Likes Like |Link to Comment
  • Apple closes lower following iPhone event; 5C to start at $735 in China [View news story]
    An article from FierceWireless (http://bit.ly/1e0h15G) states:

    "Apple's (NASDAQ:AAPL) newest iPhones, the iPhone 5S and 5C, don't support TD-LTE in the 2.5 GHz band, although that could eventually change if Apple strikes a deal with China Mobile or Sprint."
    Sep 10 09:41 PM | Likes Like |Link to Comment
  • Salesforce.com Results Impress The Street! Insiders Seem Less So Based On Recent Sales [View article]
    You wrote:
    "Sales growth that exceeds expense growth rarely produces long term benefits."

    Did you mean: "Expense growth that exceeds sales growth..."?
    Aug 30 10:16 AM | 1 Like Like |Link to Comment
  • Amazon kicks warehouse-building efforts into high gear [View news story]
    The $13.9B total represents Fulfillment operating expenses, which includes a lot more than just depreciation on fulfillment centers.

    Total capital expenditures between 2010 - 2013, according to the Amazon 10-K, were about $6.6B (see below):

    "Capital expenditures were $3.8 billion, $1.8 billion, and $979 million in 2012, 2011, and 2010, with the increases primarily reflecting the purchase of property in 2012, and additional investments in support of continued business growth due to investments in technology infrastructure, including AWS, and additional capacity to support our fulfillment"
    Aug 21 02:50 PM | Likes Like |Link to Comment
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