Monday, May 6, 2013

AMZN: Amazon (AMZN) launches an Android app store in...

8:29 AM Amazon (AMZN) launches an Android app store in China that will offer both free and paid apps to consumers in the nation. The timing by the company could be good with malicious apps in China from local sources a serious threat and Google not on the app scene yet. The big picture: Amazon has a long term strategy to entrench itself in the Chinese mobile phone market. Read comments

AMZN price at time of publication: $258.05. Check AMZN price now »

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FB: Is Facebook Worth The Price Of Admission?

Is Facebook Worth The Price Of Admission?
by Bill Maurer

Last week, shares of Facebook (FB) rose after the company reported its fiscal first quarter results. While the social media giant narrowly exceeded revenue estimates, earnings missed expectations. Right now, Facebook's expenses are rising much quicker than revenues, which is going to pressure margins for the time being. Until Facebook can get those expenses in check, this name will trade at a valuation that will seem rather extreme to many. read more »

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Is Facebook In Denial? by Stone Fox Capital

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