Reportedly, all of
) 2014 original series, both comedies and dramas, that were filmed
using 4K Ultra HD (UHD), will be available for streaming on Samsung
4K TVs starting this October.
Earlier this year, Amazon teamed up with Samsung Electronics Co.
Ltd. and major Hollywood studios and TV programmers to offer a
library of 4K UHD choices to its viewers. However, for now,
Amazon's 4K content will exclusively be available on Samsung
4K UHD is the latest and most advanced technology in HD video.
It offers contents with horizontal resolution to the order of 4,000
pixels. The use of horizontal resolution technology is a
qualitative shift from the vertical resolution offered by older
HDTV technology. This technology offers four times as many pixels
on screen as HD TVs and will significantly enhance the video with
unprecedented picture clarity and sound quality.
Amazon remains committed to provide extensive 4K UHD content for
4K TV owners and also offer the best viewing experiences at
Amazon continues to see attractive growth rates, which is
commendable given its size and market position. This has only been
possible because of its extensive investments in growth areas such
as streaming content, tablets and cloud computing. We believe
Amazon's continued investment in new technologies, such as 4K, will
help it to be a leader in these segments.
Amazon is one of the major players in an extremely fast-growing
market. In the second quarter of 2014, Amazon's revenues of $19.34
billion were within its guided range and in line with the Zacks
Consensus Estimate. Both product and service sales grew in double
digits from the year-ago quarter and contributed 79% and 21%,
respectively, to total revenue.
The online retailer's leadership in the 4K UHD market will
likely translate into higher revenues due to the increasing
consumer adoption for the new HD format. However, uncertainty
regarding its investment plans and the probability of continuing
losses in the near term compels us to be cautious.
Currently, Amazon has a Zacks Rank #4 (Sell). Stocks that have
been performing well and are worth considering include Chinese
e-Commerce company Ecommerce China Dangdang (
), Mercadolibre, Inc. (
) and World Energy Solutions, Inc. (
). All these stocks sport a Zacks Rank #1 (Strong Buy).
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AMAZON.COM INC (AMZN): Free Stock Analysis
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