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Apple Inc. Message Board

  • goldbuggerin goldbuggerin Jan 4, 2013 1:34 PM Flag

    Kindle sales blowing away iPad this xmas

    Only explanation for why AMZN is far outperforming AAPL the last few months. iPad could be a dead product when the new Fire's get announced next month.

    Sentiment: Strong Sell

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    • The reason that AMZN is out performing everybody right now (in terms of valuation) is that the market is buying its invest in growth strategy.
      I think trying to break into media distribution beyond books (moveis, TV, music) will prove to be a failure for Amazon. That foray into media needs to be wildly successful to support its current price.

      I think they'd be much better off focusing on Kindle reading apps for Android and iOS.

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