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  • Will Amazon Cannibalize Its Own Sales With The New Kindle Fires? [View article]
    Here is a repeat of a recent post I made elsewhere of a telling, insightful comment on Bezos' mindset by Sucharita Mulpuru, a retail analyst with Forrester:
    “It’s baffling. It almost begs the question, if Amazon has all these profitable businesses, at some point why don’t they just get rid of their physical retail business and just have all these profitable businesses? But I think this is just where the megalomania, the crazy vision of Jeff Bezos comes in. I think this is his libertarian values, his crazy attitude; he just wants to stick it to everybody. He just wants to shake it up in a completely radical way, and prove that it can be done.”
    http://rww.to/SvYaWD
    Sep 11 11:50 AM | Likes Like |Link to Comment
  • Will Amazon Cannibalize Its Own Sales With The New Kindle Fires? [View article]
    Do I hear "profitless prosperity".
    Sep 11 11:19 AM | Likes Like |Link to Comment
  • The Nook Peacock Play: A Cartoon For A Complicated Story [View article]
    All this collusion and settlement matter may be moot when you consider that with digitization of books, publishers will to be able to “disintermediate” digital middlemen like Apple and Amazon with ease.

    Why bother with agency model, wholesale model etc. and instead set themselves up as Marketplace Merchants as all that is needed is a platform to host the content, manage DRM, process payment and advertise/promote etc.. the kind of stuff which fits Google's biz model of an advertising portal and also dovetails with Facebook's monetization efforts. The publishers and authors could also establish their own collaborative eBook portal and simply pay commissions to sales coming from affiliate's referral links.

    The digitization of books might turn out to be a net negative for Amazon as the logistics for eBook distribution is much easier than for the physical version where Amazon managed to smother its B&M competitors by virtue of its superior inventory depth and breadth, order fulfillment, payment processing and a great online platform for review and discovery.
    Sep 11 01:31 AM | Likes Like |Link to Comment
  • Is It Intelligent Investment Behavior To Buy Amazon When Its P/E Is Over 100? [View article]
    And before Nov-2010 (QE2), short interest was as high as 23 million in Jul-2009 and stayed around 20 million out to Nov-2009. And at that time the outstanding shares were a bit smaller too at around 430 million compared to about 450 million now.
    Sep 11 12:57 AM | Likes Like |Link to Comment
  • Bear Hunting Along The Amazon [View article]
    @Zeus:How about going further back than the housing bubble for such breathless, self-congratulatory, hear-no-evil prognostication?
    Newsweek: Oct-1997
    Who Is This Guy?
    .. Bernie Ebbers could soon become one of the most influential business leaders in America.
    So far, Wall Street generally seems to be bullish on the deal. .."WorldCom takes a very pragmatic, bottom-line approach,'' says Robert Bolen, a telecom analyst at J.C. Bradford in Nashville. "If Bernie Ebbers says he can cut costs and increase earnings by 22 percent, then I believe him.'' Bolen rates WorldCom a strong "buy'' and expects its shares to double within two years. So does Richard Klugman at Goldman Sachs. ""This deal positions the company for even faster growth,'' he says. That says a lot, considering WorldCom has been one of the hottest stocks in America, rising about 50 percent annually for a decade.
    http://bit.ly/P6K499

    Wired: Nov-1998
    "It's all over. Bernard Ebbers of WorldCom has won," cyber evangelist George Gilder gleefully announced to the world's telco titans ..
    http://bit.ly/QdZKHk
    Sep 11 12:41 AM | Likes Like |Link to Comment
  • The Folly Of Amazon.com's Tablet Strategy [View article]
    October would be a more appropriate time for Apple in a diabolical mischief sense in case the iPad mini is received as better than the Kindle HD 7" buyer remorse would result in good number of returns while the Kindle purchase is still within the 30-day return window.
    Sep 10 11:02 AM | 1 Like Like |Link to Comment
  • The Folly Of Amazon.com's Tablet Strategy [View article]
    @shompa: "if you have the extra cash: buy an iPad for the better quality and better App support."
    Don't forget the Apple cachet of class, taste and prestige.
    Particularly since this is an item you are seen with.
    This psychology is also evident in gift giving when you wouldn't want to to seen as a utilitarian cheappie on an occasion for demonstrating generosity.
    Sep 10 09:49 AM | Likes Like |Link to Comment
  • The Folly Of Amazon.com's Tablet Strategy [View article]
    ".. there's probably a lot of people buying AMZN stock .."
    Not really.
    Unless you mean trading it and not buying and accumulating it.
    The ownership profile has been pretty much constant for the past 2 years. The hoi polloi at about 60 million shares. Compare that to Bezos alone owning 88 million. The rest at 300 million +/- by institutions and mutual funds. Even the shorts have stood aside at 8 million +/-2 over the past 2 years compared to 20+ million level in 2009.
    Sep 10 09:29 AM | Likes Like |Link to Comment
  • The Folly Of Amazon.com's Tablet Strategy [View article]
    I don't see why Google can't roll out an ad supported tablet in a heartbeat. I don't think there is a moat to the idea. They can even one-up Amazon by offering, say, a $50 GooglePlay credit to existing users who install a sponsored-ad Android update.
    Sep 10 12:39 AM | Likes Like |Link to Comment
  • The Folly Of Amazon.com's Tablet Strategy [View article]
    This is what was said of Bernie Ebber's WorldCom circa Nov-1998:
    http://bit.ly/QdZKHk
    Bernie Ebbers Wants To Reach Out And Touch Everyone
    "It's all over. Bernard Ebbers of WorldCom has won," cyber evangelist George Gilder gleefully announced to the world's telco titans back in October 1997. .. WorldCom is piecing together a multinational network that neatly circumvents pricey access fees charged by local telcos in the US and abroad and offers end-to-end service from anywhere to anywhere on the planet.. keeps alive his dream of making it so that any call initiated in his network never leaves it.
    Sep 9 10:05 PM | Likes Like |Link to Comment
  • The Folly Of Amazon.com's Tablet Strategy [View article]
    How about this view from Sucharita Mulpuru, a retail analyst with Forrester:

    “It’s baffling. It almost begs the question, if Amazon has all these profitable businesses, at some point why don’t they just get rid of their physical retail business and just have all these profitable businesses? But I think this is just where the megalomania, the crazy vision of Jeff Bezos comes in. I think this is his libertarian values, his crazy attitude; he just wants to stick it to everybody. He just wants to shake it up in a completely radical way, and prove that it can be done.”
    http://rww.to/SvYaWD

    Echoes of Bernie Ebbers, Ken Lay and Jeff Skilling?
    Sep 9 06:43 PM | 4 Likes Like |Link to Comment
  • Amazon.com Throws Down The Gauntlet [View article]
    @vladkri: I was reading this book, "Different" by Youngme Moon, where she compartmentalizes customers into "connoisseurs, savvy opportunists, pragmatics, reluctants and brand loyalists".
    I place buyers of the tablet and even the ereaders at this stage of the game as the "pragmatic" value-conscious kind who are unlikely to splurge on Apps and content which is so important for Amazon's razor-blade model. Even those hoping this would be a popular gift item this Christmas, I am skeptical as a kindle tablet gift instead of an iPad likely carries the stigma of being thought of as a "cheapskate".
    Sep 9 10:43 AM | Likes Like |Link to Comment
  • Amazon.com Throws Down The Gauntlet [View article]
    @mchg: Thanks. But as Bezos has to file Form 4 within 2 days of the transaction and as the 1MM share sale still hasn't show up, perhaps MS hasn't found a patsy institution to place the shares yet?
    Looks like Bezos has chosen the right broker for this sort of thing considering how good MS had been in distributing the FB scrip-crap for Zuckerberg.
    Sep 9 10:24 AM | Likes Like |Link to Comment
  • Amazon.com Throws Down The Gauntlet [View article]
    Are you talking about this?
    http://1.usa.gov/Oibb4r

    That is only about 17k shares. Still holding 88 million shares.
    Sep 8 04:14 PM | Likes Like |Link to Comment
  • Amazon.com Throws Down The Gauntlet [View article]
    @brigantine: They seem to be trying to avoid that fate. What do you think of their publishing venture (CreateSpace) and Amazon Studios.
    CreateSpace: "a non-exclusive agreement to self-publish and make your content available on Amazon.com and other channels..."
    Amazon Studios:"to develop commercially viable feature films and episodic series." Sounds like what HBO is on cable, but instead online?
    Sep 7 06:10 PM | Likes Like |Link to Comment
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