Fri, Aug 22, 2014, 12:34 AM EDT - U.S. Markets open in 8 hrs 56 mins

Recent

% | $
Quotes you view appear here for quick access.

Amazon.com Inc. Message Board

  • snlsn77 snlsn77 Jan 25, 2013 5:10 PM Flag

    Serious question

    Is AMZN going up because of the AAPL money that is coming in ?
    or,
    Is AMZN is genuinely doing good with Kindle Tablets, Cloud Business, and it's core online sales business ?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I am pretty sure it is the apple money. For that matter there are lots of overpriced stocks going higher with the money being moved around from apple. That plus the fact new money is now going into equities where they were mainly in bonds prior to this year. Problem with retail is that they can continue to sell increasing amounts and not make money. Only hurts their competitiion. Zero sum game. When they try to improve margins people will shop elsewhere. The tablet market is such that they make nothing on those sales. And that market is saturated. The cloud business is profitable but they don't really have a huge business there in relation to their total sales. Not big enough to move the needle. This is a hard stock. It gets the benefit of the doubt due to Bezo's trance on the public. They seem to be in love with the guy. I have found normally these guys go from immortal god to average joe at some point.

 
AMZN
332.91-2.87(-0.85%)Aug 21 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.