-
Oppenheimer Says Kindle Fire Shipments Reach 3-4 Million
Monday, December 5, 2011 - 10:25am | 119Read More...In an industry note, Oppenheimer says shipments of Kindle Fire to Amazon (NASDAQ: AMZN) have reached 3-4 million, according to industry watchers. Oppenheimer notes, “The sources said Amazon has continued to increase its orders for Kindle Fire and aims to see total OEM Kindle Fire shipments reach...
-
Deutsche Bank Reiterates Buy, $240 Target on Amazon
Monday, November 28, 2011 - 8:15am | 123Read More...In an industry research note, Deutsche Bank maintains its Buy rating and $246 price target on Amazon.com, Inc. (NASDAQ: AMZN) as third-party data shows the company outpacing its peers on Black Friday and Cyber Monday. Deutsche Bank says, “ChannelAdvisor same store sales (SSS) data for...
-
Citigroup Believes Amazon's eReaders Will Strengthen Market Share
Wednesday, November 23, 2011 - 10:32am | 129Read More...Citigroup has published a research report on Amazon.com (NASDAQ: AMZN) after the company's Kindle Fire response has lead analysts to believe that eReaders will expand and strengthen Amazon's market share. In the report, Citigroup writes, "We believe the new Kindle eReaders – due to their feature...
-
Amazon Losing $1.70 on Every Kindle Fire Sold
Friday, November 18, 2011 - 10:31am | 169Read More...It's better than the initial expectations, but a bit worse than the most recent report. According to preliminary findings from the IHS iSuppli Teardown Analysis Service, Amazon (NASDAQ: AMZN) is spending $201.70 to manufacture each Kindle Fire. This is roughly $50 lower than the rumored...
-
Piper Jaffray Maintains Overweight Rating and $256 PT on Amazon.com
Friday, November 18, 2011 - 8:33am | 95Read More...A report from Piper Jaffray reiterates its Overweight rating and $256 price target on Amazon.com (NASDAQ: AMZN). The report states, “Overall, we believe the iPad offers a superior user experience to the Kindle Fire, but note that for $200, the Kindle Fire delivers as much or more than many other...
-
Amazon NOT Taking a Loss on Kindle Fire, Reportedly Making $56 Per Tablet
Thursday, November 17, 2011 - 1:53pm | 176Read More...The online retailer has learned a lot from Apple (NASDAQ: AAPL). As many of you are aware, Apple is really good at baking a ridiculously high amount of profit into every piece of hardware it sells. Now Amazon (NASDAQ: AMZN) is apparently doing the same. So instead of losing $50 on every $199...
-
UPDATE: JP Morgan Raises PT to $250 on Amazon
Monday, November 14, 2011 - 9:50am | 87Read More...A report from J.P. Morgan reiterates its Overweight rating and raises its price target from $230 to $250 on Amazon (NASDAQ: AMZN). The report states, “Kindle Fire to expand the tablet market. We believe the Fire's low $199 price point and broad distribution across more than 16k retail...
-
UPDATE: Wunderlich Raises PT to $89 on Liberty Capital
Monday, November 14, 2011 - 9:38am | 122Read More...Wunderlich Securities maintains its Buy rating on Liberty Capital Group (NASDAQ: LCAPA) and raises it price target from $84 to $89 per share on strong performance of BKS asset. According to Wunderlich, “An S&P report that indicated Liberty is finalizing a 5-year $1.5bn credit line was a...

