Right. Hapihammer, its so Ridiculous. All they did was slap an AMAZON Label on front of a commercially available Hobbyist Drone and show it carrying 1 cardboard box filled with say weightless Styrofoam, and fly it around their high ceiling warehouse and into the parking lot. Its about as developed to be working package-delivery-technology, as an 1880s or 1890s 1 cylinder horseless buggy (not even) became precursor to useful cars. In fact its further off in years. Mercedes showed a Driverless Car in the News last week, said maybe in 2030 it will workable tech, i.e. safe enough to use in the Real World. Yet Auto-Makers have been working on Driverless cars since the mid-1960s.
Yes likely. Also by sometime in April, its expected APPLE BOARD will announce a new Share Buyback Program and/or increased Dividend. They have to do something with al the Cash they are piling up, if they are not going to lend it to cash-short Amazon or similar never earn money companies.
There's good reasons Videoconferencing happened by the mid-1980s, and Driverless Cars also predicted and shown at the 1964 World's Fair in New York, never happened. Its called Mega-Millions Lawsuits every screwup and child injured by each screw-up or mechanical failure with Driverless Cars, let alone Driverless AirDrones and some kid gets injured or killed by a 20 Lb. Package falls like a bomb out of the sky, or the entire drone comes down with whirring blades. This Drones-Pie-in-Sky is just that, #$%$-Hype" by BOZOS, to get Amazon name free publicity. Fact is, his R&D Staff can't even develop Safe Enough DRIVERLESS DELIVERY VANS on the ground, and neither can MERCEDES in Germany, says the Tech won't be ready until 2030.
Guys, they've been HYPING that we will someday have Driverless Vehicals on the roads, since the dawn of the Computer Age. GM had Driverless Cars at the 1964 World's Fair on display, and AT&T had VideoPhones. We've got VideoPhones now, but still not Driverless Vehicals for SAFETY & LIABILITY REASONS. MERCEDES just showed a Driverless Car and predicted by year 2030 they will be able to sell. Now if Amazon or UPS can't even make DRIVERLESS DELIVERY VANS to deliver your package, safe enough, against accidents and break-downs, while on roads after 50 years of trying by GM, what makes you think in the next 20 years far more dangerous DRONES in the Air, carrying 100s Lbs. packages with whirring Blades are going land on your back-lawn (and not on the Pool Cover) and your dog or toddler won't get chopped by the blades?
Learn from SheepSkinner on the APPLE Board. He made boatloads of cash, when he started Shorting Apple after it had its blip up summer 2012, 2013? to $700 a share (and then gave back its parabolic rise, by Spring 2013 or 14 was at $390 a share pre-7:1-split). Nothing really changed with Apple, except its profit growth had slowed and the perception got negative (vs. it had been too positive in the parabolic stock run-up). Now look at Amazon's price chart last few months, and it also had a PARABOLIC PRICE RUN-UP ON NOTHING BUT OPTIMISM, without yet any real results.
Bezos wants to buy his company's shares back also. PROBLEM: Amazon has almost not Capital, that is almost NO POSITIVE CASH-FLOW EVER. Bozos total accumulated Pos. Cash Flow, and/or Capital Raised by the IPO and secondary offerings since going public in 1996 is $5 Billion. It needs that capital badly to continue in business. So Bozos has no Capital or Pos. Cash Flow with which to buy back Amazon's Shares. WHAT TO DO: Bozos has bright idea... he'll offer low interest Convertible Bonds to Hedge Funds, paying only 2% (same as Apple much higher rated Credit sells bonds for) but given Amazon's "iffy Balance Sheet" and lack of history of Profits, AMAZON WILL OFFER HEDGE FUNDS A "PIPE DEAL" (private investment in Public Equity) with the Bonds Converting at 30% below Amazon's Current Stock Price to bring in the needed capital. (Folks, this was a bit of hypothetical ideas, not reporting real news, since obviously with Amazon Stock trading at over 200X even Bozos' forecasted earnings always next year we'll make money, even he's not stupid enough to buy Amazon stock back perhaps yielding 0.5% (inverse of 1/200 PE hoped for ratio.
How's Bozos going to explain when there's no more progress towards ever finally making $? When it turns out last quarter's tiny unexpected profit, was really from "cooking the books" by up-fronting more Expenses into the prior quarter which lost more money by the way than Amazon's tiny profit recent quarter --- so AMZN still LOST MONEY THE PAST HALF YEAR AND PAST YEAR. Watch out below, when it turns out Amazon has no more Rabbits to pull out of the Hat faking even a tiny Profit when it reports 4/22/2015.
ok, but I am guessing only up $2. Those Mar 27th Calls $126 isold expired worthless
SheepSkinner made alot of money shorting from $600$ down to $390 presplit. but then he must have lost it when Apple up over $900
Its about time the Saudis finally starting fighting their own wars, instead of twice in the past getting USA to fight two wars against Saddam Hussein, and tried to get USA to fight against the Shiites in the SYRIAN Civil War. Now with YEMEN next door embroiled in another Civil War the IRANIAN Shiites are instigating,... its about time and thankful the SAUDIS are FINALLY TAKING ON THE IRANIAN / #$%$ REBELLIONS ALL OVER THE MIDEAST. And Saudi Arabia's not too happy about IRAN's CONSTANT ATTEMPTS TO DEVELOP NUCLEAR WEAPONS. Maybe since Obama is unwilling to de-fang IRAN, the Saudis will help do it.
As if Apple has no loyal customers, and no successful products that can be improved upon and marketed more effectively also in China and Third World. As if the IOS Operating System was not superior with loyal users, more secure and more bug-free than Android. As if iTunes has no repeat customers. As if Apple has to start from scratch every year (rather than incrementally improve its product designs as is true of every other tech. and products and software co.). As if Apple-Pay does not exist (and it is being adopted fast). As if Apple TV was not already in 25 million households and this Fall with Launch of Apple Streaming Video and low-cost replacement for Cable TV Packages, as if Apple won't get market share in that too. The proof that Apple does not have to "start from scratch" (baloney about "keep re-inventing itself) every year, is the fast growing installed base and repetitive buyers of new models from existing Apple Customers, and of course iPHONE6 was not a complete new invention vs. earlier models, and neither is the newest Mercedes cars or Ferrari sportscar a completely new invention vs. prior models. Fact is Apple has much higher margins, so it can well afford to spend whatever it wants to keep improving its products year after year (unlike Amazon, operating often at a loss and spread too thin in too many business areas, for its tiny (comparatively) Amzn's $5 billion of cash.
Hi Tamermous, have not answered u in while. What do u think of the "Apple Has to Keep Re-Inventing Itself B.S. CNBC (Comcast) at times keeps spewing"? As if Apple has no loyal customers. As if the IOS Operating System was not superior. As if iTunes has no repeat customers. As if Apple has to start from scratch every year (rather than incrementally improve its product designs every year as is true of every other tech. co.). As if Apple-Pay does not exist (and it is being adopted fast). As if Apple TV was not already in 25 million households and this Fall with Launch of Apple Streaming Video and low-cost replacement for Cable TV Packages, as if Apple won't get market share in that too. What a bunch of neg-spin by Comcast and some shorts.
The Package Catapult from DRONE DRIVERLESS TRUCKS (DDT Amazon), is very important advance. Since it will be DRONE DELIVERY, no driver to get a signature for the package, not to carry the package, hence the Catapult.
Anyone who looks at Amazon's Annual Report, realizes the Company is SPREAD TOO THIN (in many offshoot business areas it is trying). First it has low profit margins of being basically a new version of Catalog Retailer (like Sears and Montgomery Wards) except with "Bells, Whistles and Computer Screen" of selling by WEBSITE instead of Old Fashioned Catalog. Second, AMZN has branched out into Cloud, SmartPhones, Streaming, and soon Grocery Delivery (by drones or old-fashioned Boys on Bicycles as in 1940s in Cities, or the new version Illegal Aliens in USA doing the work, hard working school-children like Warren Buffet deliverying Newspapers used to do). PROBLEM: AMAZON already got its fingers burned badly trying to make an advanced FirePhone, vs. Apple's iPHONE. The only "Fire" was Amazon wrote down $500 mn. of FirePHones couldn't sell them at normal prices. $500 million LOSS on such might not be much to Apple, which gives back over 100X that to its shareholders every years $50 billion buybacks and Apple Stock's Dividend. But to AMAZON -$500,000,000 write-down of FirePhone Inventory in 2014 wiped out 10% of its total accumulated Capital since going public in 1996. Amazon is a WEAK COMPETITOR VS. MUCH BETTER CAPITALIZED GOOGL AND APPLE. Like AMD going up vs. INTEL, or American Motors Corp. (bankrupt) vs.
If they don't have the Drone Driverless Trucks (DDT) figured out, how to work practically and safely, how's Amazon ever going to make it to Drone Delivery by Air, with far far higher Fuel Costs, far higher costs of FAA says need a pilot operating it remotely, and far far higher safety and terrorist prevention costs? A Drone Aircraft dropping Packages will have to have big Fuel Tanks to support weight of the Chopper Drone, and also 100 packages to each zip-code grouping. Its not economic to fly back and forth 200 miles or even 50 miles from warehouses with only 1 package. So what we're really talking here is not a tiny drone that can only fly 1000' on battery power, and carries 1 Box with styrofoam in it, and a BIG AMAZON SIGN. We're really talking DRONE HELICOPTERS DROPPING PACKAGES OR LANDING IN PEOPLE's YARD WITH WHIRRING BLADES (don't stand up, disasters have happened to people who don't bend down near chopper blades).
the Package Catapult, to toss the package on your Lawn is very important part of Amazon's Advance. There will be bar-code scanner to read the box being catapulted as its being tossed, to make sure its the right package. No mention how they will solve problems of "no signature" by buyer, and also how will their DDT Driverless Drone Trucks Package Catapult won't work in Apartment Building Deliveries. And how will it be sure to knock zonk children running around playing with flying packages?
Mr. BullShipMan: I used to own a lot of GOOGL. Even so, I thought their idea for that Google Glass thing to wear recording everything one see's was not a good product. Privately owned DRONE Fleet hovering over USA and delivering packages is not only a Safety & Security Risk for USA, but quite far off in future the Economics of such. Its so far off in the future before the concept ever makes sense and is safe enough (look at it this way, Self-Driving Car Idea" has been around since 1960, and still is not fully safe and legally ok), that in reality its Drone Delivery just HYPE / STUNT by Bezos to get the name Amazon in the press.
AMZN is a new version of a Catalog Retailer, like former MONTGOMERY WARDS and SEARS ROEBUCK. The difference is AMZN uses faster medium to sell, internet and can carry more product, and eventually will have DRONES with whirring small helicopter blades landing in people's Pools or Backyards to deliver a package and we hope no kid gets near those whirring blades, or hope one of the Drones doesn't crash.