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.
Bottom Line: The FAA and FBI are very smart to "go slow" before allowing 'out of sight' Drones to be operated by private companies in USA. We have enough trouble with US Airliners if ever hijacked, don't need fleets of drones loaded with Biological Materials to spray and hovering over US Cities, small plastic drones, hard to even see on Radar. Further, with requirement that a Licensed Pilot must operate each of these drones from Remote, how possibly does it save Amazon money? Licensed Pilots cost a lot more than UPS Drivers. This is just "pie in the sky" nonsense by Bozos, to deflect the reality that his company makes no money, and has very little valuable technology lead in anything.
The week after France went on high alert following its worst Terrorist Attacks, and following round-ups of terrorist suspects the French did, Jihadist-Wannabes, were reportedly using "hobby drones" buzzing round the Eiffel Tower and other buildings in France at night, to THREATEN FRANCE. Can you imagine what might happen to USA if AMAZON ever has fleets of Drones loaded up with stuff in Warehouse backrooms where low-cost say Somalian workers in Minnesota have already planned for years gotten the jobs, and also change the software controlling these 'future drones' and "crop dust" a US City with some of that waste IRAN is making?
Remember what GS Insider who left the firm said about how they USE the PUBLIC (like MUPPETS), they pull the strings for their "pump & dump trading desk schemes". This means GS bought a lot of Call Options or Shares of AMZN and wants you to buy them out at higher price. Don't be the SUCKER BAG-HOLDERS. Re. their Valuation Model projecting 20% Amazon Rev. Growth next 3 years? That's faster than last years 18% Rev. Growth. As firms get bigger usually their growth slows, so I'll project 15% Revs. Growth for Amazon going forward. Further, APPLE is getting into TV and Movies Programming Streaming for $20 a month membership this Fall, already announced. That will end any possible growth for Amazon Prime's Video Streaming. Apple is the 800 Lb. Gorilla in the Mobile Hardware and Internet Pay Content Market (look how Apple got "Lion's Share in PayMusic, iTunes"... and Apple has over twice as many Credit Card Customers on File as does Amazon, and Apple has higher socio-economic slice than Amazon. AMAZON'S GROWTH WILL BE STUNTED STARTING THIS FALL BY APPLE AND GOOGLE BOTH GOING INTO PART OF AMZN's markets.
Amazon has prior tried to compete with Apple in Premium Phones,. Amazon made FirePhones, and lost big time. (big write-down = to 8% of Amazon's capital). Amazon is growing so-so for Tech Co., 18% per year in Revs. barely profitable or un-profitable. But its best business segment is Amazon Prime which includes Streaming Video -- EXACTLY WHAT APPLE IS GETTING INTO THIS FALL. Its going to take away Amazon's growth in that segment. Amazon therefore will end up growing only 10 - 12% in Sales in last quarter of 2015, not what supports a 200 - 500 PE Ratio. TIMBRRRR
I warned in other posts that NEWS Apple will be getting into Pay TV, just ate whatever growth Amazon had left in its best business segments. Amazon's growth will therefore plummet from 18% last quarter to about 12% late this year. Apple's got big bucks and can afford to fund a big move into Pay TV. Apple's also got majority of Middle Class and higher income people in USA as existing customers. Amazon's total Cash is less than Apple makes in 1 quarter.
Basic Question re. Amazon & TSLA: CAN THEY EVER BECOME PROFITABLE LONG-TERM? Or more than tiny profit margin? That question is not asked re. MSFT, BABA, GOOGL, CSCO, NFLX, AAPL
If Amazon starts to make a little money, soon WalMart and Target announce they are putting more money into Online Selling Divs. as well. And if WalMart moves 10% of its capital into Online Selling, that's more than Amazon's entire capital.
Yep, isn't likely to hpapen now, with Apple about to start eating NetFlix' and Amazon-bit-division in Streaming TV starting this Fall. Apple will be the 900 Lb. Gorilla entering the room, toss NFLX and other's around, Apple will take their entire growth away.
Sounds the "death-knell Bell" for NetFlix and AMazon's Div. in that field. AXple will EAT THEIR LUNCH.
News out today, not good for long-term growth of Netflix or part of AMZN selling TV Streaming too. Whatever "growth" one thought NetFlix and Amazon (in that area) would have, will now be bitten off by AXple. And in long run AXple will eat the "Lion's Share". So NetFlix no longer really a growth stock.