Amazon.com, Inc. (NASDAQ:AMZN) has introduced streaming video app for i-community – Apple Inc (AAPL)
Apple Inc. (NASDAQ:AAPL) managed to attract the attention of Amazon.com, Inc. (NASDAQ:AMZN), which introduced its streaming video app for i-Phone and i-Pad users recently.
Furthermore, this app is designed in such a way that, it can facilitate the customers in maintaining their watch lists, wish lists and also permit them to develop their online multimedia library for future referencing.
Nevertheless, Amazon.com is forced to develop and introduce video streaming app for i-platform because its rivals were able to do so earlier. On the other hand, customers who have already registered themselves through PS3 can also access their accounts via i-Phones as well.
Featured multimedia management app is available on Amazon.com for free downloading. Additionally, value edit services such as maintaining wish and playlists are free while the content is nominally charged against each download.
Apple Inc. (NASDAQ:AAPL) total value after the recent close was $498.28 billion and the enterprise value according to yahoo data was $469.15 billion. The previous 12 month price to sales ratio was 3.18. The company showed 26.67% as a profit margin in the last twelve months and an operating margin at 35.30%. Return on equity was 42.84% for the last twelve months. Return on assets was 28.54%.
Taking a look at some competitors, Amazon.com, Inc. (NASDAQ:AMZN) in the stock market was $113.81billion and the takeover value of the company was $108.56 billion. The last twelve month price to sales ratio for the company was 1.99. It had a 0.28% as profit margin in the last twelve months and an operating margin at 0.93%. Return on assets was 0.76%.
The total value of Hewlett-Packard Company (NYSE:HPQ) after the latest trading session was $28.48 billion and their enterprise value was $45.61 billion. The prior 52 week price to sales ratio was 0.24. The company recorded a profit margin of -10.51% for the prior 12 months and had an operating margin of -9.19%. Return on equity for this stock was -41.43% while return on assets appeared at -10.62%.