Amazon Stock Predictions: Amazon Challenges Microsoft’s Skype

motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology  – Senior Analyst at I Know First

AMZN Stock Prediction

  • The Unified Communication-as-a-Service industry is predicted to have a market size of $78.51 billion by 2020.
  • It is therefore not a surprise that Amazon wants to challenge Microsoft Skype’s long dominance in enterprise communication.
  • Amazon Chime is powered by Amazon Web Services and is an alternative to Skype for Business.
  • It is only proper that Amazon challenges Skype for Business since Microsoft’s Azure has been challenging Amazon Web Services.
  • AMZN still has positive market trend algorithmic forecasts from I Know First. This momo ticker is unlikely to suffer any steep stock price decline this year.

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