kindle fire
We wrote about AMZN late last year, right before earnings in January. Our thoughts on Amazon (AMZN) have not changed, and we think the earnings report on thursday shows that margin growth is on it’s way, which should follow it’s staggering revenue growth. We are all about iconic brands that are market leaders, and Amazon (AMZN) sure fits that bill.
We like Amazon (AMZN) to make a march towards… Read More
Amazon(AMZN) closed at $181.26 on friday, down $65 from its October high of $246. What gives? Amazon recently released its updated Kindle device, the “Kindle Fire”. Priced at an incredible $199, there are worries that the “Fire” will erode Amazon’s already tight margins. There have also been some negative reviews on the device, as well as some complaints about a laggy touchscreen and buggy operating system.
With an estimated 6… Read More
