Seems you have hit a nerve with Apple investors since so many replies. Well the proof in the pudding will be on the 18th, but I have to admit - Amazon looks very strong (company wise - stock wise) going into next week's dog and pony show. If Cook was doing the Amazon presentation I'd be very worried but with Bezos taking center stage I think he will pull a rabbit out of a hat and blow away the competition. Only time will tell but Amazon is climbing daily now as new investors buy stock for next weeks event.
Then place your "short" bet dude but be prepared to lose some serious money if you think stock will drop. Amazon doesn't built junk and Bezos isn't going to take on the big boys (Samsung/Apple) unless he has a killer smartphone in the pipes. Stock has gone higher every day since 3D smartphone announcement. So long $336 and hello $343 tomorrow.
Amazon's new smart phone draws rave reviews next week and later this year Amazon comes out with a dividend payment for investorss. Don't believe me read this.
Whenever Amazon decides to flip the switch and start focusing on maximizing profit, it should also be able to reverse course and start paying a significant dividend soon thereafter. Analysts estimate that could happen later this year.
Seems there are lots of new new investors that also share your Spock Logic "Hold4Triple". When you see a stock move higher like Amazon before a major announcement, you know something Big is going to happen on the 18th,
but that's nothing compared to how far it could jump next week. With split behind us and no new products until the Fall Apple looks weak short term. Amazon on the other hand looks like 15% stock jump if 3D phone turns out to be a "head turner". Apple investors might want to sell 50% of their Apple share and buy Amazon before the stock reaches new 52 week highs.
Expect that an Amazon Prime membership is required to get the most out of the phone, much like with the Kindle Fire. Additionally, there have been many recent rumours about an Amazon streaming music service and a more barebones service with only older songs sounds like a perfect match for Prime bundling. Some even suggest this phone might be free with Prime. That'd be pretty crazy and also a Major Game changer for the smartphone industry. With all these Amazon rumors flying, the stock is ramping higher and has potential to break $400 a share before or after June 18th.
The movements of the actors in Amazon's teaser appear to confirm this. Beyond the 3D effect, BGR reports that the phone's software will respond to an innovative gesture control that will allow you to tilt the phone in various directions, to the point that you don't need to touch the phone at all to accomplish certain tasks.
This new 3D Phone is going to sell like Hot Cakes, on a very cold Apple morning.
Amazon will certainly take some of Apple's thunder away next week. But the bigger question is will it be a one two punch to Apple's chin or possibly a knock out blow?
Because you know Amazon will be swinging for the fences. And many here and on Wall Street think Amazon could hit a "Home Run" with there new 3D Smartphone.
Amazon will greatly expand its role as an e-commerce middleman today with the launch of a new service that manages subscription payments for other companies and startups. The offering pits Amazon against eBay owned PayPal, currently the leading online payments service for third parties. Amazon users will be able to pay for services like their monthly phone bill or digital music subscriptions using payment information stored on Amazon. Third-party sellers currently account for 40% of Amazon's sales. The launch comes nine days before Amazon is expected to reveal its first smartphone. Shares of Amazon rose 0.19% ahead of the opening bell.
The 3-D elements, if included, can be a game changer. Rob Enderle, principal analyst at the Enderle Group, said the 3-D feature would make it easier to view icons and make the phone appear as if it has more screen space.
Certainly, but first you take out the little guys and then set your sights on the big guys. One thing about Apple is it has a overblown cult following by it users. Apple users who line up for new iPhones hours/days before stores open might give Amazon 3D a serious look. But Nokia, Blackberry and Samsung phone owners will jump ship and buy Amazon 3D phone like there is no tomorrow, when Amazon goes live with 3D.
Those who short amazon now or June 17th are in for major pain. We're talking losing fingers and toes as Amazon reaches new 52 week highs and 3D phone because a top three seller worldwide.
Have to admit it looks like Amazon and Bezos have something big coming. Just how BIG is reason to speculate but market seems to think Amazon stock going higher.
and climbing. Like Apple in front of stock split and I own it. But if Amazon has the goods the stock explodes higher on June 18/19.