Mav
Member
[img style="max-width:100%;" alt=" " src="http://www.forumup.it/images/smiles/simo.gif"]
Posts: 10,784
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Post by Mav on Jul 28, 2013 23:20:52 GMT -8
Y'know, AMZN Weekend Updates _was_ brought to you by Mercel. Apple IS already going for share. Never the way anyone outside Apple wants, but hey, welcome to Apple! GMs went from over 40, as high as 47%, now down to 37% and maybe even 33-35% depending on iPad mix and that iPhone 5C or whatever. Don't tell me iPad mini and a redesigned cheaper iPhone aren't market share plays. You (generic sense) might want something different or something more end of the day, but this is Apple at its most deadly serious. I'm ordering some boxes of microwave popcorn from Amazon as we speak. ;D
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JDSoCal
Member
Aspiring oligarch
Posts: 4,182
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Post by JDSoCal on Jul 28, 2013 23:33:40 GMT -8
BTW, just wanted to say that I am bullish this week.
Also, I thought McCain and Romney would win the presidency, and that AAPL would be about $950/share right about now.
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Post by macziggy on Jul 28, 2013 23:33:41 GMT -8
Just wow. Amazon makes a ton of money? Do you realize it took 19 years for Amazon to make what it took Apple to make in less than ONE month. 19 years vs. 27 days! Further, Apple's sales growth far exceeds Amazon's from 2005 through today (save the June quarter). Amazon is practicing predatory pricing and you cheerlead it? To each his own, but I think showrooming isn't something I'm comfortable doing. Kiss your local Target goodbye soon. When Amazon then raises its prices , everyone loses. If the stock market isn't going to value stocks on the basis of a Company's fundamentals, I want no part of it. Further, Amazon is dangerous to consumers while WS gives it unlimited time to destroy its competition. It's leap of faith investing and to the degree it continues, Apple won't see fair valuation. I really don't think my post was controversial. Why should I pay $65 at Target for the same item I can buy from Amazon for $38? Do you also think that it is unfair for Walmart to enter a new city, sell items for less, and put the local hardware store and grocery store out of business? It’s capitalism. It’s the free market. If Target can’t compete then they should go out of business. I’m pissed that Target tried to sell a commodity item to me for 70% more than what Amazon charges. A part of me thinks the long-term strategy shown by Amazon is fantastic. They don’t manage their business quarter to quarter. This is refreshing. I wonder where Apple’s stock price would be now if a few years ago they had articulated and pursued a market share strategy instead of a high gross margin strategy? Something to think about. I'm an Amazon Prime member too (for the last 5 years) and I have liked their service. I have bought everything from pet food, to canned organic tomatoes, to shampoo, to face cream from Amazon for good prices. But lately, they have really raised their prices, especially for pet food. Maybe it's a test to see if people will still buy from them. But, I won't. And, I don't think it's just me who will stop buying once they raise their prices. Their strategy is iffy. OK, so, maybe run their prices low enough to put everyone else out-of-business. That will not work unless it is a small town. There are still businesses in my area that have relatively low prices. And now I will buy pet food from them. I don't think the Amazon strategy will ultimately work. They can't keep their super low prices forever and my experience is one that will happen more often in the future. If they raise more of their prices, there is no reason to buy from them, especially since they are taxing purchases now too.
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Post by rickag on Jul 29, 2013 3:28:29 GMT -8
Well Mercel, I do shop Amazon now and then. Ignore me if you must. ;D Maybe Mercel will double ignore me. I love Amazon. Saves me a ton of money and time. Long live Amazon. Why some people on here take the growth of AMZN so personally is beyond me. I don't take Amazon's stock growth personal, but its' valuation is confounding in light of AAPL's valuation.
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