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Amazon Echo: The World’s Smartest Assistant

Think Amazon (AMZN) is just the world’s largest online retailer? Think again. As technology advances, so does Amazon’s reach in the sector – to the point where it now competes with some of the largest companies in the world in a variety of fields. For example… In Amazon Web Services, it has a mammoth cloud-computing...

Strapped for Cash This Christmas? Amazon’s Got You Covered

“Buy now, pay it off in nine months.” That’s the message from retail giant, Amazon (AMZN) this holiday season. At least when it comes to its new Kindle Fire HDX tablet. The company rolled out a new offer for the tablet this past weekend, offering a nine-month payment option for customers who buy the new...

The Bear Case for Amazon in One Chart

“In theory there is no difference between theory and practice. In practice there is.” Today, those famous words from Yankee legend, Yogi Berra, ring disturbingly true. You see, one of the theories I’ve pounded into readers’ heads over the years is that share prices ultimately follow earnings. As earnings increase quarter after quarter, so should...

Look Out, Amazon… Kobo is Coming

Think about ereaders and one company springs to mind: Amazon (AMZN). And with good reason. Philip Jones, Editor of British book industry magazine, The Bookseller, says the company dominates the market, with an “85% to 90% market share of all ebook sales in the United Kingdom, and it’s not far off that in the United...

The Death of Print Media Continues

With the proliferation of digital reading devices like Amazon’s (AMZN) Kindle, Louis Basenese called for the death of print media long ago. Now more and more book publishers are throwing their support behind the ebook market. They can’t really afford not to. In the United States, ebook sales surpassed hardcover book sales back in June....

Friday Briefing: RIM Just Doesn’t Learn

Happy Friday! It’s time to look forward to the weekend, enjoy Louis Basenese’s breakdown of the market through charts and get your weekly does of tech news. Remember to cast your vote in the survey at the end, though. As this lets us know which story has you most tuned in. That way we can...

Amazon’s Innovation Will Dominate the Future

There’s an “infographic” floating around the internet suggesting that Amazon (Nasdaq: AMZN) is an evil monopoly, dominating retailing with nefarious and unfair business methods. Well, it is right about one thing: Amazon’s without a doubt dominating the market. In 2011, it booked $44 billion in revenue, which made up one-third of online shopping. But contrary...

Microsoft Joins Barnes & Noble in the e-Reader Wars

Microsoft (Nasdaq: MSFT) is buying $300 million stake in Barnes & Noble’s (NYSE: BKS) Nook e-reader business, opening up a new chapter in the four-way fight for dominance between tech titans Microsoft, Google (Nasdaq: GOOG), Amazon  (Nasdaq: AMZN) and Apple (Nasdaq: AAPL). The strategic investment gives Microsoft a 17.6% piece of Barnes & Noble’s currently...

Survey: Give Us Your Take on Amazon’s “Disappointing” Earnings

It’s safe to say investors aren’t happy with Amazon’s (Nasdaq: AMZN) earnings announcement on Tuesday. Shares plunged as much as 12% yesterday and have continued to drop today. And no, it’s not because the company failed to announce plans to launch a subscription-based streaming movie service like I hoped. First of all, although the company...

Steve Jobs Biography Hits the Bestseller List

Just a couple of weeks after his passing, a book about the already legendary Steve Jobs is a bestseller. The authorized biography of Apple’s co-founder went on sale at bookstores on Monday, but was released Sunday on Apple’s iBook online store and Amazon’s Kindle. It’s currently at the top of the charts on Amazon –...