In The News

Amazon to stop selling Apple and Google media streaming devices

October 01, 2015

Amazon has invested heavily in online content, including producing its own exclusive shows such as the award-winning transgender comedy "Transparent", as a way to attract new Prime subscribers, who pay $99 a year for speedy shipping and access to video and other services.

Amazon's strategy will likely hurt Google more than Apple, which has its own stores and direct access to customers. The move may also cost Amazon sales by diverting purchases of popular devices to competitors such as Best Buy Co.

"This has the potential to hurt Amazon as much as it does Apple and Google," said Barbara Kraus, an analyst at Parks Associates, reported Bloomberg "As a retailer, I want to give people a reason to come to me. When I take out best-selling brands, I take away those reasons."

Amazon, Apple, Google and Roku devices made up 86 percent of all media-streaming products sold to U.S. households with broadband in 2014, according to an August report by Parks Associates. An estimated 86 million media-streaming devices will be sold globally in 2019, the research firm said.
Amazon supplanted Apple for the No. 3 position in sales in 2014, Parks said. Roku led the market with 34 percent and Google was second with 23 percent, according to the report.

From the article "Amazon to stop selling Apple and Google media streaming devices" by BigNewsNetwork.com

Previously In The News

Medical Wearable Devices In Demand

In an article on ihexecutive.com, CEO and Co-founder of Biotricity Inc. (OTCQB: BTCY) Waqaas Al-Siddiq, explained, “Patient monitoring devices are poised to disrupt the healthcare industry in part due...

Coldwell Banker ‘first to offer Smart Home Staging Kit’

The survey was conducted online by Parks Associates on behalf of Coldwell Banker within the United States from 6-9 June, 2016 through a third party via its omnibus product. The survey was conducted am...

Coldwell Banker Introduces First-Ever Smart-Home Staging Kit

This survey was conducted online by Parks Associates on behalf of the Coldwell Banker brand within the United States between June 6-9, 2016 through a third party via its omnibus product. The survey wa...

The Apple TV is Falling Farther Behind as Their Competitors Prepare to Release New Devices

The current Apple TV, according to Parks Associates—a highly respected research firm—is in third place behind Roku and the Fire TV in both recent sales and number of homes with the device. The high...

‹
1
2
...
134
135
136
137
138
139
140
...
719
720
›