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==== ==== Charles McDuffie launches five ebooks, available for free downloads, and offers information that would be crucial for a newbie as well as a veteran internet marketer. http://mysuccesstrackingsystem.com ==== ====

It's no wonder that stockholders may be feeling a little uneasy if they own Amazon stock. With the recent eReader competition like the iPad hitting the market, Amazon stock has received great pressure. But although Apple is a big Amazon competitor, analysts claim that the online retailer will maintain its presence. Amazon has made its mark with consumers especially when it comes to online shopping. As the first strong market player in the eBook realm, Amazon has a great reputation. The company holds 35% of book sales sold in the United States. This percentage is a combination of eBooks and print books. In fact, on Christmas Day 2009, ebook sales surpassed hard-copy sales because of the Amazon Kindle. We all know what everyone got that Christmas morning! Some say that competition in the eReader realm will strain Amazon's sales; however, some think it is a blessing in disguise. To keep its hold, the company may be creating a new Kindle model that will "wow" consumers once again. Recently, Amazon purchased Touchco, a company that developed a new touchscreen technology. Also, Amazon has added applications for the Kindle, and recent job posts have indicated that Amazon is looking for an engineer to contribute to an overhaul of the Kindle's browser. The constant speculation that the iPad will get a huge share of the Kindle's market is intercepted by industry observers claiming that the two gadgets will exist together as they target different markets. They also think that the iPad will "turn on" more consumers to becoming "eReaders". Taking a look at Amazon as an online retailer, it still impresses. It is the largest US online shop, and saw a 42% growth in the recent fourth quarter. Looking at contributions to online sales, some researchers say that sales could reach $248.7 billion by 2014. Amazon will contribute to those sales with its outstanding variety of product and simple "1-click" check-out option. Amazon's stock currently trades at a forward P/E of 34.33 and PEG Ratio of 1.60. Of the 33 analysts monitoring Amazon stock, 21 consider it a Strong Buy, 3 analysts rate it at a Moderate Buy, and 9 rate it as a Hold. iPad pre-orders may slightly dent Amazon's stock, but with the online giant's strength and reputation, Amazon will hold its presence. The Kindle contributed to the success of Amazon, and the company is showing signs that it isn't backing down now.

The Kindle is here to stay and Amazon's stock staying strong is proof of that. For more information


on the latest ebook readers today and the popular Amazon Kindle, visit us at http://ebookreadersresource.com.

Article Source: http://EzineArticles.com/?expert=Travis_Van_Slooten

==== ==== Charles McDuffie launches five ebooks, available for free downloads, and offers information that would be crucial for a newbie as well as a veteran internet marketer. http://mysuccesstrackingsystem.com ==== ====


Amazon Stocks Are Still Going Strong