I Know First Review: The future looks even brighter for AMZN

I Know First Review

I Know First Review

Amazon.com, Inc. (Amazon.com) is an e-commerce company. The Company sells a range of products and services through its Websites. The Company’s products are offered through consumer-facing Websites, which include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers. It designs its Websites to enable products to be sold by the Company and by third parties across various product categories.

I Know First also wrote a Talk Markets Article about Amazon on May 1st, beating the market analysts’ expectations for both revenue and earnings per share during its most recent earnings report. Since that time, the stock price has increased 59%, as the article correctly predicted.

Amazon.com, Inc. (NASDAQ:AMZN)has gone up significantly in the last year, but this latest wave of success could be only the beginning for the e-commerce giant. The stock was given a significant boost as reports said that “Amazon Prime Instant Videos” subscribers will soon have the option to add other video packages to their existing subscriptions.

The company has now entered into a new direction and one that could have significant and positive effects on the AMZN stock price forecast. This new development has, in fact, been a long time in the making and could lie at the forefront of Amazon’s ambitious strategy to take a bigger market share than the one it already enjoys.Amazon’s blossoming new video streaming platform appears to be expanding more aggressively into the online video market.

The big difference is that it will be in online form and subscribers will have the option to customize their packages on a level previously unheard of for TV users. Subscribers of Amazon Prime Instant Video will be seeing the landing pages of other video services in the Amazon platform.

Forecast6

(Figure 1: AMZN forecast 26h Apr ’15)