Providing Market Intelligence for 40 Years

In The News

Amazon is banning the sale of Apple and Google streaming devices

Amazon has recently been ramping up Prime Video, investing heavily in programming.

It has commissioned a TV series written and directed by Woody Allen and hired Jeremy Clarkson, Richard Hammond and James May for a new car programme in a deal described by founder Jeff Bezos described as "very expensive".

The move to ban Apple and Google’s streaming devices comes ahead of the crucial Christmas selling period.

Analysts said Google was likely to feel more pain than Apple as a result, as Apple sells products through its own stores, but there could also be repercussions for Amazon.

"This has the potential to hurt Amazon as much as it does Apple and Google," said 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 is banning the sale of Apple and Google streaming devices" by Clare Hutchison.

Previously In The News

The Simple Reason Why I Won't Buy Roku Inc.

Roku (NASDAQ:ROKU) went public on Sep. 28, its stock surging nearly 70% from its IPO price of $14 per share. The stock hit almost $30 the following day, but subsequently pulled back to the low $20s....

Netflix's U.S. Market Share Slips as Competition Looms

Amazon.com enjoys the No. 2 spot, with 52.9% share of U.S. viewers for its Prime Video service, which reaches an estimated 96.5 million people. AT&T comes in No. 4, with 23.1 million viewers using its...

Fake News: Here's Why Facebook Needs To Tackle The Problem, Urgently!

As Facebook CEO Mark Zuckerberg publishes his manifesto outlining the company's ongoing commitment to filter out false news and hoaxes without undermining free speech, the findings from a new study by...

Network Security: Hacking Fears Could Scare Consumers Away from Smart-Home Devices

The rising occurrence of high-profile security hacks and privacy breaches, as well as being personally victimized, are contributing to ever-increasing consumer anxiety about smart home devices and pla...