Before writing about this issue, I should understand what Operating Profit is.
Operating Profit = Sales - COGS - Administrative Expenses
Hyundai rose its Operating profits 31% to 863.3 billion won from 657 billion won.
Hyundai motor share have gained 19 percent this year and keep rising its values.
2010년 7월 29일 목요일
Thoughts about Amazon Kindle and its stock
I read the article from Bloomberg about Amazon Kindle!
Amazon introduced two versions of Kindle.
1. $139 model working with Wi-Fi
2. $189 model working with 3G and Wi-Fi
Kindle is still best selling product on its e-reader and book industry, but there are other competitors such as Apple and Banes and Nobles, called Nook. Amazon wants to maintain its position as the market leader, but they face challenges from IPAD offering color pictures and video. However, Kindle only displays text in black on whiter without colors.
Founder of Amazon, Jeff Bezos is not convinced the Kindle needs a color or touch screen right now, but how he explains the fact that Amazon bought a company called Touchco and testing color technology! I think Bezo feels a need for color screen to boost sales of next Kindle and dominate the e-book market!
However, a good thing for Amazon is the scale of supplier of its library offering 81% of books are $9.99 or less to lure more customers. They have been selling more e-books than paper books over the years.
Amazon's current stock price is around $117 and when I looked the stock prices over 5 years, I feel the stock price is little overvalued, so I think its stock price will be declined in this year. Average of the stock price will be between 90 and 100.
Amazon introduced two versions of Kindle.
1. $139 model working with Wi-Fi
2. $189 model working with 3G and Wi-Fi
Kindle is still best selling product on its e-reader and book industry, but there are other competitors such as Apple and Banes and Nobles, called Nook. Amazon wants to maintain its position as the market leader, but they face challenges from IPAD offering color pictures and video. However, Kindle only displays text in black on whiter without colors.
Founder of Amazon, Jeff Bezos is not convinced the Kindle needs a color or touch screen right now, but how he explains the fact that Amazon bought a company called Touchco and testing color technology! I think Bezo feels a need for color screen to boost sales of next Kindle and dominate the e-book market!
However, a good thing for Amazon is the scale of supplier of its library offering 81% of books are $9.99 or less to lure more customers. They have been selling more e-books than paper books over the years.
Amazon's current stock price is around $117 and when I looked the stock prices over 5 years, I feel the stock price is little overvalued, so I think its stock price will be declined in this year. Average of the stock price will be between 90 and 100.
2010년 7월 28일 수요일
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