However, Amazon cannot recoup its losses by selling the phone at less than cost if most of the phone buyers will also purchase near-zero margin products from Amazon.com. AMZN is trading at super high valuation. I do not recommend new investors to buy ...
Amazon.com's (NASDAQ: AMZN ) engineers have had a busy year of device announcements, including the Fire TV and (most recently) a leak to The Wall Street Journal about a handset to be released in September.
Last summer, Amazon.com, (NASDAQ: AMZN ) launched its own comic book publishing imprint: Jet City Comics. On Thursday, the e-tailer doubled its bet on the genre by purchasing digital comics retailer comiXology for an undisclosed sum.
Among the equities attracting attention from options traders lately are online retailer Amazon.com, Inc. (NASDAQ:AMZN), semiconductor manufacturer Cree, Inc. (NASDAQ:CREE), and java giant Starbucks Corporation (NASDAQ:SBUX).