Providing market intelligence for more than 35 years

In The News

Amazon Axing Apple, Google Devices Could Cost Them Millions

Amazon made a bold move earlier this month when it removed devices from its marketplace that don’t work with Prime Video.

What that really meant was saying goodbye to Apple TV and Google Chromecast — two devices that compete against Amazon’s media streaming services and its Amazon Fire TV. At the time, some analysts questioned the move, saying it could hurt Amazon as much as it hurt the other companies.

“This has the potential to hurt Amazon as much as it does Apple and Google,” Barbara Kraus, an analyst at Parks Associates, told Bloomberg. “As a retailer, I want to give people a reason to come to me. When I take out best-selling brands, I take away those reasons.”

From the article "Amazon Axing Apple, Google Devices Could Cost Them Millions" by PYMNTS.

Previously In The News

Only 15% of US Consumers Used A Telecare Service in Past 12 Months

As consumers integrate connected devices and services ever more deeply into their lifestyles, they bring the same expectation and desire to their health and wellbeing. New research from Parks Associat...

Competing Tech Support Startups Merge To Provide More In-home Help

The U.S. tech support sector is worth about $30 billion annually, according Reuters citing research by Parks Associates. HelloTech’s competition includes the Geek Squad, which is run by electronics re...

HBO Launching Streaming Service in Spain With Vodafone

Partnering with British-based telecom Vodafone, which claims 400 million subscribers in 30 countries globally, including 1 million TV subs in Spain, affords HBO an existing distribution channel. Spain...

Parks: Millennials Covet OTT Video — And Pay-TV

Parks said nearly 60% of OTT video services in North America are subscription-based. About 64% of U.S. broadband households subscribe to an OTT video service, up from 59% in 2015. Average monthly spen...