The Zacks Analyst Blog Highlights: Amazon.com, Microsoft, Sony, Apple and Netflix

Zacks


For Immediate Release

Chicago, IL – August 3, 2012 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Amazon.com Inc. (AMZN), Microsoft (MSFT), Sony (SNE), Apple (AAPL) and Netflix (NFLX).

 

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513

Here are highlights from Thursday’s Analyst Blog:

 

Amazon Launches iPad Video App

 

Amazon.com Inc. (AMZN) has recently launched an iPad app for its Instant Video streaming service, allowing customers to enjoy films and TV shows on their iPad.

The free app also allows Amazon Prime members to use their membership to watch thousands of videos including TV shows like Glee, Downton Abbey and Fringe, or popular movies such as Mission: Impossible 3 on their iPad at no additional charge.

This marks the second move by Amazon to expand its digital content support to iOS. In June, the company launched an iOS version of Amazon Cloud Player, enabling local and streaming support for Amazon music libraries.

While selling and lending books on the Kindle platform is on the rise, Amazon has been doing well with its video content. The online retailer has been consistently upgrading and promoting movies and television shows on its streaming video service.

The company has extended Prime Instant Video to Microsoft’s (MSFT) Xbox 360. Customers can now watch Prime Video titles on Kindles, Sony’s (SNE) Playstation 3, Apple’s (AAPL) Mac or other PCs, as well as on TV.

At the same time, titles have expanded to 18,000 movies and TV episodes. Amazon’s reach and value proposition are making it a key player in the video distribution business, providing competition to the likes of Netflix (NFLX).

However, the company’s digital music and video businesses have not had the same success as its e-book market. According to the NPD Group, Amazon has a market share of less than 15 percent, while Apple's iTunes store is the clear leader in digital music, with a share of more than 50%. Netflix is a dominant player in paid digital movie rentals, with a market share of 55% in the fourth quarter of 2011.

Hence, Amazon is exploring ways to improve its digital business by making music and video available on as many gadgets as possible. We believe that if customers could access Amazon’s digital music and videos more easily through Apple's and other devices, the company’s digital media sales would accelerate.

Amazon is one of the leading players in the extremely fast-growing retail ecommerce market. The strong growth prospects are making the market more competitive by the day. Currently, Amazon has a Zacks #3 Rank, which implies a Hold rating in the near term.

 

 

 

 

Want more from Zacks Equity Research? Subscribe to the free Profit from the Pros newsletter: http://at.zacks.com/?id=5515.

About Zacks Equity Research

Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.

Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.

Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today: http://at.zacks.com/?id=5517

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leon Zacks. As a PhD from MIT Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at http://at.zacks.com/?id=5518.

Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.

Follow us on Twitter: http://twitter.com/zacksresearch

Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts

Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.

Media Contact
Zacks Investment Research

800-767-3771 ext. 9339

support@zacks.com

http://www.zacks.com

 

 

Read the analyst report on AMZN

Read the analyst report on MSFT

Read the analyst report on SNE

Read the analyst report on AAPL

Read the analyst report on NFLX

Zacks Investment Research



More From Zacks.com

Rates

View Comments (0)