In the following video, Motley Fool tech and telecom analyst Andrew Tonner discusses a new report from Morningstar estimating that Amazon.com's Amazon Prime service now has 10 million users and $780 million in revenue. Andrew tells investors just how concerned Netflix should be about this, and whether it can stay ahead of the competition.
Everyone knows Amazon is the big bad wolf in the retail world right now, but at its sky-high valuation, most investors are worried it's the company's share price that will get knocked down instead of its competitors'. The Motley Fool's new premium report will tell you what's driving the company's growth, and fill you in on reasons to buy and reasons to sell Amazon. The report also has you covered with a full year of free analyst updates to keep you informed as the company's story changes, so click here now to read more.
The article Is Amazon Prime the New Netflix? originally appeared on Fool.com.
Andrew Tonner has no position in any stocks mentioned. The Motley Fool recommends and owns shares of Amazon.com and Netflix. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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