algorithm predicts that amazon is still hot, even if the fire phone goes up in smoke
DESCRIPTION
The Amazon Fire Phone is majorly flawed and will not gain strong traction, but Amazon will still benefit from it as a potential retail-store killer. The Fire Phone, like the Kindle, is a step in the right direction and it will continue to improve and become cheaper in future iterations. Amazon’s business is not dependent upon the immediate success of the Fire Phone, and it will most likely thrive either way. I Know First’s algorithm predicts a drop in the near future (1 month), but is bullish in the longer term (3 month, 1 year).TRANSCRIPT
Algorithm Predicts That
Amazon Is Still Hot, Even If
The Fire Phone Goes Up In
Smoke
© I Know First 2014. All rights reserved. www.iknowfirst.com
Summary
Amazon Fire Phone majorly flawed, but Amazon will still benefit from it as a potential retail-store killer
Low sales figures will bring relatively higher benefit to Amazon than its competition
Fire Phone will continue to improve with cheaper iterations
Amazon not dependent on the Fire Phone
I Know First’s Algorithm predicts a drop in the near future (1 month), but is bullish in the immediate term (3 month, 1 year)
The Fire Phone
Basic Details Models:
32 GB Model Price: $199
64 GB Model Price: $299
Both models will come with a free year of Amazon Prime Service (usually $99) and sold exclusively through AT&T
The phone is 8.9 mm thick, 5.64 ounces and has a 4.7 inch display
Comparison
Initial Reactions
Firefly is the most important feature of the Amazon Fire Phone
Firefly can be used with the Phone’s camera to identify over 100 million objects and bring up the purchase link, often directing the user to Amazon
Dynamic Perspective is a new technology created by Amazon which allows the user navigate the interface by tilting the phone
24/7 customer support service through Mayday
US Wireless Subscription Market
The chart above shows I Know First's prediction for Amazon for June 22nd 2014 for the 1-month, 3-month, and year time horizons.
I Know First Amazon Prediction
How To Read The Prediction Two indicators:
Signal – Predicted movement of the asset
Predictability Indicator – Historical correlation between the prediction and the actual market movement
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