The1MAGE’s Activity

Fri May 23

Stock Advisor Boards Post

The1MAGE replied to the Stock Advisor boards. 6:06 PM

Tue Sep 27

NL

Watercooler Post

The1MAGE wrote 4:07 AM

Wow, I seem to only talk about Netflix in these discussions. But it is only a part of my investments. They got slapped hard, and I am taking advantage of that. But I also see Amazon being a big rival here. Adding streaming to their Prime membership makes it a good deal, so see them picking up many people they couldn't before. But here is something few understand. Competition can actually be good for business. People used to think, "Should I subscribe to Netflix or not." Now they are starting to think "Netflix, Hulu, or Amazon?" I stated learning of this concept over a decade ago when I found out that when Burger King builds next to an existing McDonald's, the sales at that Micky D's actually goes up. It is also one of the reasons I am in both Netflix and Amazon. Not the only reason, but one of them. The differing reasons would be that I see Netflix growing exponentially as they enter the world market, while Amazon is adding to their business model. It can often be a mistake for companies to diversify too much instead of focusing on what they do well, but in this case they have their successful business, and seem to have it well in hand. So they expand into other ventures, testing out the water, and if they work out, great. And the ones that do not, they can simply move on. One of these is their move into the Tablet market. I think this is a great move for them. People may see this as an upgrade to their Kindle, which has been successful, and the fact that since they already have the Kindle, they already have everything in place to move to building a Tablet. Then the fact that they do not need a profit on the Tablet. Having heard they may sell it at a loss, is brilliant. As strange as it sounds, they are giving people something that in turn results in direct access to their business, both with direct access to book downloads, and their android app market. Unlike every other tablet out there, I really see this taking off.

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