Amazon announces new Kindle models for August
2010-07-29 02:36:55
Keywords: , AMZN, Amazon.com Inc
Quote: LOS ANGELES (MarketWatch) -- Amazon.com Inc. announced Wednesday a new-generation model of its Kindle e-reader device, as well as a cheaper "Kindle Wi-Fi" version. The Internet retailer said the new version of the Kindle will sell for $189 and have "a 21% smaller body while still keeping the same 6-inch-size reading area, and a 15% lighter weight." It also said the new model has faster page-turns and double the memory of the current version. The Kindle Wi-Fi, meanwhile, will retail for $139, but...
Read articleAmazon offers $139 wireless Kindle for mass appeal
2010-07-29 02:36:54
Keywords: Discount retail,Retailing,Internet software and services (industry),United States of America,Computer hardware,Data processing services,
Quote: Wed Jul 28, 2010 11:00pm EDT
* Price point designed to appeal to mass market * CEO Bezos: "We're going to sell millions" * Smaller, lighter third generation device also launches By Alexandria Sage SEATTLE, July 28 (Reuters) - Amazon.com (AMZN.O) launched a
cheaper, wireless-only Kindle on Wednesday, betting that the
$139 price will turn its latest electronic reader into a
mass-appeal device as Apple Inc's (AAPL.O) iPad gains ground. The world's largest online retailer and leading e-reader
selle...
Read articleAmazon CEO hopes new Kindles stoke sales
2010-07-29 02:36:54
Keywords: Amazon CEO hopes new Kindles stoke sales, aapl,amzn,bks,goog
Quote: The CEO of Amazon.com is bracing for a future in which you'll also want ones for your kid heading to college, your spouse in a book club and perhaps even Grandpa.And despite increased competition from Apple Inc.'s flashy iPad and other e-readers, that future could be coming soon -- as early as August, actually, when online retailer Amazon.com Inc. releases two new Kindle models.With both versions costing less than $200, and one not far above the $99 psychological tipping point for gadget-buying,...
Read articleKindle to Go 'Mass Market'
2010-07-29 02:36:53
Quote: FOWLERAmazon.com Inc. plans to release a cheaper Kindle e-reader next month, said Chief ExecutiveJeff Bezos, laying out a strategy to go "mass market" with an inexpensive gadget designed to do just one thing: sell digital books from Amazon. The new Kindle features a screen with increased gray-scale contrast, a battery that lasts for a month, and a slightly smaller size. It will come in two flavors: one with Wi-Fi and 3G Internet connections selling for $189, the other with Wi-Fi only for $139. T...
Read articleAmazon Runs Out Of Kindles
2010-07-28 11:23:33
Quote: By Eric SavitzAmazon.com (AMZN) has temporarily run out of Kindles.
Here’s what it says if you attempt to buy the e-Book reader on the company’s Web site:
“Temporarily out of stock. Order now andwe’ll deliver when available. We’ll e-mail you with an estimateddelivery date as soon as we have more information. Your account willonly be charged when we ship the item.”
And what do you see when you go to the Amazon home page? Why, a promo for the extra-big Kindle DX...
Read articleAn Amazon-Facebook Alliance to Make Shopping More Social
2010-07-28 11:23:32
Keywords: Technology, Start-Ups, Internet, Enterprise, Gadgets
Quote: On Tuesday, Amazon.com took a step toward making the shopping experience on its Web site more social.
For many people, shopping is as much about socializing as it is about buying something — a chance to run into neighbors at the farmers’ market or spend time with a friend at the mall. And people who go shopping with a friend inevitably ask advice before buying. But it’s hard to do that when online shopping.
Now, Amazon shoppers who connect their Amazon and Facebook accounts tra...
Read articleA look at recent tech-industry earnings
2010-07-28 11:23:31
Keywords: A look at recent tech-industry earnings, aapl,amd,amzn,csco,dell,emc,glw,goog,hpq,ibm,intc,msft,orcl,qcom,txn,xrx,yhoo
Quote: Strong sales of Windows, particularly to Microsoft's corporate customers, and of Office 2010 helped boost results.Amazon.com Inc. says net income jumped, bolstered by shoppers who spent more with the online retailer even as consumer confidence fell overall.Wednesday: Corning Inc. posts a sharp increase in its second-quarter earnings because of strong sales of its glass for flat-panel televisions and mobile devices. The company sees "substantial growth opportunities" in LCD glass as LCD televisio...
Read article'Inception' maintains top spot
2010-07-27 02:57:53
Quote: Last week's top draw at the box office, "Inception," held off Angelina Jolie's new action movie, "Salt," to win the weekend box office, according to Box Office Mojo.According to the site, a division of Amazon.com Inc.'s IMDb that tracks box-office revenues, the top five movies from the weekend, along with their studio estimates, were:"Inception" held the top spot despite a 30.7 percent slide in revenue from last week. "Salt," in its opening wee...
Read articleAmazon Tumbles As Q2 EPS Misses; Higher Expenses To Blame (Updated)
2010-07-23 01:10:00
Quote: By Eric SavitzAmazon.com (AMZN) shares are down sharply in late trading on disappointing Q2 profits.
For the quarter the company posted revenue of $6.57 billion, up 41% from a year ago, and ahead of the Street at $6.54 billion. The company had forecast revenue of $6.1 billion to $6.7 billion. Operating income was $270 million, at the middle of the forecast range of $220 million to $320 million. the issue is a shortfall at the bottom line: EPS was 45 cents a share, well below the Street at 54 cen...
Read articleAmazon snags exclusive deal for e-editions
2010-07-23 01:09:59
Keywords: Amazon snags exclusive deal for e-editions, amzn
Quote: and a top literacy agency.Random House, the country's leading trade publisher, announced Thursday that it would conduct no new English-language business with the Wylie Agency, which earlier in the day launched an e-book line that would release works by John Updike, Salman Rushdie and other Random authors through online retailer Amazon.com Inc."The Wylie Agency's decision to sell e-books exclusively to Amazon for titles which are subject to active Random House agreements undermines our longstandi...
Read articleRising Costs Clip Amazon Shares
2010-07-23 01:09:58
Quote: FOWLERAmazon.com Inc. posted strong second-quarter sales growth, but investors were spooked by the amount of money the online retail giant is spending to expand its empire, and shares tumbled 13% in after-hours trading. The Seattle company also said that its much-watched Kindle digital-book business was growing rapidly, but it didn't disclose specific sales data.Amazon's earnings rose 45% on a 41% increase in sales. Most of that growth came from sales in its catch-all category—electronics ...
Read article[$$] Amazon Signs on Wylie Agency for Exclusive E-Books
2010-07-22 06:20:49
Quote: TRACHTENBERGAmazon.com Inc. said it has struck a deal with the Wylie Agency to publish 20 classic books in digital format for the first time. The deal, which is exclusive for two years, expands Amazon's selection of 630,000 Kindle e-books to some well-known back-catalog authors, including John Updike, Norman Mailer, Philip Roth and Ralph Ellison. Under the deal, their e-books will all sell for $9.99, Amazon said. As it fights competitors ranging from Barnes & Noble Inc. to Apple Inc. to maintai...
Read articleU.S. stock futures signal rebound; Starbucks eyed
2010-07-22 06:20:47
Keywords: Equities,United Kingdom,Western Europe,Europe,United States of America,Major Breaking News,Financials,Municipal debt,Debt,Energy and Resources,NYSE Stocks,London US Stocks,
Quote: * Companies expected to report earnings on Thursday include
3m Co (MMM.N), Caterpillar Inc (CAT.N), The Travelers Cos
(TRV.N), United Parcel Service (UPS.N), Amazon.com Inc (AMZN.O),
AT&T (T.N), Eli Lilly (LLY.N) and Microsoft Corp (MSFT.O). * In the banking sector, weak fixed-income trading dragged
down Credit Suisse's (CSGN.VX) second-quarter net profit even as
the bank managed to beat analysts' forecasts thanks to stable
equities and helped by tax gains. [ID:nLDE66L024] * Tech shares will...
Read articleNikkei claws up, gains limited by economic worries
2010-07-21 04:41:22
Keywords: Japan,Asia,Equities,Major Breaking News,Exchange activities,Financials,Financial service providers,Investment services,Tokyo Stocks,Economic news, EC, business/financial pages,
Quote: Sharp Corp (6753.T) extended gains to rise 1.4 percent to 971
yen after saying on Tuesday it would enter the electronic reader
and book markets, hoping to grab a slice of the hot but
increasingly crowded sector popularised by Apple Inc (AAPL.O) and
Amazon.com (AMZN.O). [ID:nTOE66J04I] Sharp shares ended the previous day up 1.5 percent after the
news.......
Read articleYahoo! Searches For Growth, Finds Little
2010-07-21 04:41:21
Keywords: U.S. Markets, U.S. Equities, Yahoo, Yahoo!, Google, earnings, quarterly earnings, second quarter, Amazon, Amazon.com, Yahoo!.com, eBay, eBay.com
Quote: Amazon.comAMZNnewspeople) has fallen 10.7% in 2010. Even the behemoth that is GoogleGOOGnewspeople) has dropped 22.3% thus far. Compared to 2009s second quarter, Yahoo! lost revenue in the Americas, Europe, the Middle East, and Africa totaling $62.6 million. In the Asia Pacific market, however, the company saw revenue grow $91.1 million this past quarter over the same period last year. Thanks in part to this offset, the company was afforded its modest 2% growth year over year.The company...
Read articleiPad Saves Bookbinder
2010-07-20 06:35:44
Keywords: Video, profiles, interviews, business executives, Steve Forbes
Quote: Paperback book sales likely still outnumber digital book sales on Amazon.com)
VIDEO: iPad Saves Company From Extinction
But Cardoza-James Binding in San Francisco is growing despite the traditional bookbinding business losing its luster, and what’s left of it being outsourced to China and Mexico.
That’s because it’s found a new way to make money: the iPad. It’s making iPad cases.
“We started this business in 1958, and at our peak had 75 employees,â€Â...
Read articleThe Year That Green Tech VCs Ruled The Hill
2010-07-20 06:35:42
Keywords: Green Tech, Energy Investments, Venture Capital, Department of Energy, Solyndra
Quote: He's the man who seeded Google(GOOG -news-people) and Amazon.com(AMZN -news-people), and kicked off the green-tech investing boom in 2007 when he reportedly cried during a climate change themed TED talk. Doerr has morphed into one of the most influential political movers in Silicon Valley and sits on President Obama's Economic Recovery Advisory Board. He and his partners managed to convince former Vice President Al Gore to join Kleiner Perkins as a partner in late 2007 and before that brought on...
Read articleDirexion Offers 2x Retail and Natural Gas ETF Pairs
2010-07-16 07:19:36
Keywords: Direxion Offers 2x Retail and Natural Gas ETF Pairs, amzn,fcg,hd,low,tgt,wmt,xom, etfs
Quote: Invest With An Edge,On Friday July 16, 2010, 6:55 am Expansion of the leveraged ETF menu continued this week with Wednesday's (7/14/2010) launch by Direxion of long and short 2x sector ETFs for the Retail and Natural Gas sectors.Direxion now offers a total of 38 leveraged ETFs, according to the firm’sDirexion Daily Retail Bull 2x Shares()Direxion Daily Retail Bear 2x Shares()Direxion Daily Natural Gas Related Bull 2x Shares()Direxion Daily Natural Gas Related Bear 2x Shares()RETL and RETS...
Read articleIPO Report: Ocado seeks to shake off the ghosts of Webvan
2010-07-15 02:41:26
Keywords: Industries|Retail, TSCO, Tesco PLC, SBRY, J Sainsbury PLC, WMT, Wal-Mart Stores Inc, AMZN, Amazon.com Inc, TSLA, Tesla Motors, Inc, SGP, Supergroup PLC, ABG, African Barrick Gold Plc
Quote: Sainsbury/quotes/comstock/23s!e:sbry(UK:SBRY348.00,0.00,0.00%) and ASDA, a unit of Wal-Mart/quotes/comstock/13*!wmt/quotes/nls/wmt(WMT50.35,-0.19,-0.38%) are in the business, while Amazon.com/quotes/comstock/15*!amzn/quotes/nls/amzn(AMZN123.30,-0.35,-0.28%) is also branching out into grocery delivery in the U.K..Francis Gaskins, president of IPODesktop.com, an IPO research firm based in Los Angeles, said what "strains credibility" for him is that, by July 2011, Waitrose will be able to compete i...
Read articleTech Stocks: Techs close higher; SanDisk stands out
2010-07-13 06:22:59
Keywords: Industries|Tech, SNDK, SanDisk Corp, YHOO, Yahoo! Inc, AMZN, Amazon.com Inc, COMP, Nasdaq Composite Index, SOX, PHILADELPHIA SE SEMICONDUCTOR INDEX, MSH, MORGAN STANLEY HIGH TECH, STX, Seagate Technology, QCOM, QUALCOMM Inc, MSFT, Microsoft Corporation, E
Quote: May said that expectations for Yahoo "are too low" and it could see its profit margins expand towards the end of this year and into 2011.Amazon.com Inc./quotes/comstock/15*!amzn/quotes/nls/amzn(AMZN119.51,+2.25,+1.92%) saw its shares rise nearly 2% to close at $119.51. William Blair analyst Jack Murphy raised his rating on the online retailer to outperform from market perform, saying it "is well positioned to capture [more] share of spending as consumers shift toward the online [retail] channel....
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