2:07 PM Amazon (AMZN -1.5%) roundup: 1) Baird forecasts $10B in 2016 revenue for Amazon Web Services, which is believed to have pulled in ~$2B last year. Bernstein thinks AWS could generate $20B by 2020, and values the business at $24B (a less gaudy valuation than Oppenheimer's, and roughly on par with Macquarie's). 2) Amazon has launched a site aimed at customers aged 50 and older, replete with a digital Coupons section. 3) Amazon will reportedly start taking Kindle e-reader pre-orders in China tomorrow, putting it in competition with Dangdang (DANG) and other local vendors. Read comments
AMZN price at time of publication: $268.76. Check AMZN price now »
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Focus Articles on AMZN
- ComScore Is Reporting A Severe Slowdown In Amazon.com Web Traffic by Paulo Santos
- Amazon Falling From Tax Haven To Debt Hell - Prepare To Sell by Martin Vlcek
- Amazon Loses Money On Both Prime And Its Entire Direct Retail Business by Timothy Phillips
Press Releases on AMZN
- Amazon Launches 50+ Active and Healthy Living Store Featuring Hundreds of Thousands of Items In One Single Destination (Business Wire)
- Amazon.com to Webcast First Quarter 2013 Financial Results Conference Call (Business Wire)
- Introducing Texas to Amazon Wine (Business Wire)
Related Articles on AMZN
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- Vornado Anticipates A Major Economic Expansion And A Bubble; Fears The Internet by Dr. Duru
- Microsoft's Surface Pro: It's A Hit by Ashraf Eassa
StockTalk on AMZN: AMZN StockTalk | Twitter AMZN | Twitter $AMZN | AMZN Instablogs
Recent Market Alerts on AMZN: All currents | Earnings | Dividends | M&A | On the move
Transcripts on AMZN
- Amazon.com's Management Discusses Q4 2012 Results - Earnings Call Transcript
- Amazon.com's CEO Discusses Q3 2012 Results - Earnings Call Transcript
- Amazon.com's Management Discusses Q2 2012 Results - Earnings Call Transcript
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