While I was also dissapointed in these sales (can't believe I stayed up till 3am), the sale works. Most shoppers aren't so savvy and just assume it's a deal, and buy up a lot of crap they don't need. I'm bullish on $AMZN.
While it's true that #Amazon said its #PrimeDay sold more than on Black Friday, most customers were very disappointed and Twitter list up with the #PrimeDayFail hashtag. Honestly, I found this year's offerings to be even more of a let down. $AMZN
Thanks for all your comments. And while you are all correct, I suspect that $AMZN is looking to vertically integrate and become a competing shipping industry. Just as they decided to become their own web hosting company and became a dominant player in that space. I suspect they will not only drop UPS, but will begin to compete with it. That could crush $UPS.
What about how #Amazon launched it's own truck shipping company and its 20% stake that it purchased in #AtlasAir last month for air deliveries? Seems to me that they are looking to ditch #UPS. I would think that would be a major threat to the company and it's bottom line. $AMZN$AAWW$UPS
Excellent post on $NFLX that gives me much to think about. I agree with much of what you said but I think there are some emotional factors that you left out which should not be negated.
1. I think on average, Netflix customers are fiercely loyal compared to other companies.
2. Netflix has a great product which they keep improving upon. Netflix is actually more reliable than my cable provider.
3. Netflix has the first movers advantage. Even $AMZN hasn't made much of a dent and they are giving away their video on demand service free to their millions of prime customers. I get Amazon instant video free, yet I still prefer Netflix.
I found it mind boggling that $AMZN was getting punished for having it's best quarter in history. But this article shed some light on the issue for me, thanks.
Nothing will be able to stop Amazon... unless $AMZN shareholders get fed up with it's decision to always sacrifice profits for growth. But I think most understand that Bezos has vision.
Amazon.com, Inc. Riding High On Prime Day
So true. Would you believe half of American households are now #AmazonPrime Members? $AMZN must be doing something right! #primeday #amazon.
Amazon.com, Inc. Riding High On Prime Day
While I was also dissapointed in these sales (can't believe I stayed up till 3am), the sale works. Most shoppers aren't so savvy and just assume it's a deal, and buy up a lot of crap they don't need. I'm bullish on $AMZN.
Amazon.com, Inc. Riding High On Prime Day
While it's true that #Amazon said its #PrimeDay sold more than on Black Friday, most customers were very disappointed and Twitter list up with the #PrimeDayFail hashtag. Honestly, I found this year's offerings to be even more of a let down. $AMZN
United Parcel Service Stock Analysis
Thanks for all your comments. And while you are all correct, I suspect that $AMZN is looking to vertically integrate and become a competing shipping industry. Just as they decided to become their own web hosting company and became a dominant player in that space. I suspect they will not only drop UPS, but will begin to compete with it. That could crush $UPS.
United Parcel Service Stock Analysis
What percentage of total $UPS deliveries are made up by $AMZN? Is it really that significant?
United Parcel Service Stock Analysis
What about how #Amazon launched it's own truck shipping company and its 20% stake that it purchased in #AtlasAir last month for air deliveries? Seems to me that they are looking to ditch #UPS. I would think that would be a major threat to the company and it's bottom line. $AMZN $AAWW $UPS
Netflix: Valuations, Competition, And Questionable Accounting Point To Potential Crash
Excellent post on $NFLX that gives me much to think about. I agree with much of what you said but I think there are some emotional factors that you left out which should not be negated.
1. I think on average, Netflix customers are fiercely loyal compared to other companies.
2. Netflix has a great product which they keep improving upon. Netflix is actually more reliable than my cable provider.
3. Netflix has the first movers advantage. Even $AMZN hasn't made much of a dent and they are giving away their video on demand service free to their millions of prime customers. I get Amazon instant video free, yet I still prefer Netflix.
Talking Numbers: Amazon
Amazon it all about the long play. If they wanted to focus on profits, they could. But Bezos has a vision and $AMZN will eventually dominate.
Why Apple May Not Win in China
I found it mind boggling that $AMZN was getting punished for having it's best quarter in history. But this article shed some light on the issue for me, thanks.
Amazon Continues Its Winning Streak, And Shows No Sign Of Stopping
Nothing will be able to stop Amazon... unless $AMZN shareholders get fed up with it's decision to always sacrifice profits for growth. But I think most understand that Bezos has vision.