Amazon (AMZN) Fire Phone Lacks App Ecosystem, Piper's Munster Says
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/23/2026
Go back to Amazon (AMZN) Fire Phone Lacks App Ecosystem, Piper's Munster Says
June 19, 2014 6:50 AM EDT
Cowen and Company maintains Amazon.com (Nasdaq: AMZN) at Outperform with a $410 price target Thursday. The firm recently set up an AWS financial model.
Analyst John Blackledge sees Amazon with AWS revs of $19 billion and $7.1 billion of EBITDA by 2019. Valuation on AWS is at $24 billion.
Blackledge elaborates:
For revenues, we developed a Price / Volume framework using proprietary data from our AWS survey on 1)...
More
June 18, 2014 3:35 PM EDT
It's only been a few hours since Amazon.com (NASDAQ: AMZN) unveiled its new smartphone, and analyst Brian J. White of Cantor Fitzgerald is already on record saying Apple (NASDAQ: AAPL) will be unfazed by the new device. He thinks Amazon's Fire Phone is more media buzz -maker than threat.
"In our view, today's announcement represents another attempt by Internet-related players to compete in the mobile device world.... More
June 18, 2014 3:02 PM EDT
Amazon (Nasdaq: AMZN) unveiled Fire, the first smartphone designed by Amazon. Fire is the only smartphone with Dynamic Perspective and Firefly, two new breakthrough technologies that allow you to see and interact with the world through a whole new lens. Dynamic Perspective uses a new sensor system to respond to the way you hold, view, and move Fire, enabling experiences not possible on other smartphones. Firefly quickly recognizes things in the real worldweb and email addresses, phone numbers, QR and bar codes, movies, music, and millions of products, and lets you... More
June 18, 2014 1:54 PM EDT
Amazon.com (NASDAQ: AMZN) introduces Fire Phone
...
More
