April 3, 2012

IT’S DEATH BY APPLE FOR BEST BUY

“Best Buy has simply become a show room for Amazon,” I wrote about two years ago. At that time, Best Buy stock was trading at $45. As of this writing, the stock is just above $24.

After Best Buy (BBY) reported earnings on Thursday, there has been a barrage of negative articles on Best Buy and how Amazon.comis beating Best Buy. There was a similar barrage after the earnings report in the previous quarter.

Kudos to Forbes reporter Halah Touryalai for writing,“Amazon Is Not A Threat To Best Buy, Markets Overreacting, Analyst Says. ” It takes guts to write contrary to prevailing wisdom especially when the chorus is extremely loud on the other side.… Please click here or the title below to read more.

April 3, 2012

GOOGLE’S BRAND NEW CHALLENGE TO APPLE’S IPAD

The iPad has been a big success for Apple (AAPL). Apple bulls dream of iPad gaining and maintaining a market share similar to iPod. As a matter of fact, this is one of the propositions underlying some of the very high targets by analysts on Apple stock.

Until now, there has been some justification for such a proposition. Tablets based on Google (GOOG) Android have not met with much success, even though Android phones are a huge success. Playbook from Research In Motion (RIMM) has been a flop. Kindle from Amazon (AMZN) and the Nook from Barnes & Noble (BKS) have sold a fair amount, but they are targeting the low end where Apple is not competing.… Please click here or the title below to read more.

April 3, 2012