Yes there's some risk here, but the upside is huge. The stock did do over 100% between September and October of this year. And I think it will go even higher.
Amazon is always in it for the long game. And the company excels at intertwining their offerings to add value to consumer. You can buy the Fire phone for under a buck with a free year of Prime now - a great incentive to the millions of Prime users who are up for renewal, and maybe hesitant to renew.
Like the Kindle, the company can afford to take a loss on the phone... and make it up in e-books sales, and more prime users (Prime members spend WAY more than other customers).
Latest Comments
In Defense Of Economic Sanity: An Essay On Investment Logic
A great read! Thanks.
Why Chanticleer Holdings Could Rise 150% Within Weeks
Yes there's some risk here, but the upside is huge. The stock did do over 100% between September and October of this year. And I think it will go even higher.
Will Amazon Abandon Its SmartPhone Strategy?
Amazon is always in it for the long game. And the company excels at intertwining their offerings to add value to consumer. You can buy the Fire phone for under a buck with a free year of Prime now - a great incentive to the millions of Prime users who are up for renewal, and maybe hesitant to renew.
Like the Kindle, the company can afford to take a loss on the phone... and make it up in e-books sales, and more prime users (Prime members spend WAY more than other customers).