This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Apple, Google, Amazon, Microsoft: The New Four Horsemen of Wall Street

NEW YORK ( TheStreet) -- Search giant Google (GOOG - Get Report) wants to be just like Apple (AAPL - Get Report). If you don't believe me, just ask Apple. It will gladly confirm this for you.

For that matter, so does Amazon (AMZN - Get Report), and while we're at it let's throw in Microsoft (MSFT - Get Report).

While this is not to be mistaken as praise for the emulating companies, it should not be considered an indictment either. In fact, I will argue that had Research in Motion (RIMM) set aside its pride and copied Apple, as many had suggested, it would still be relevant today.

As in sports, and in particular football, the world of business has become a "copy-cat league." Winning formulas are not considered intellectual property. In other words, where Super Bowl championships were once dominated by the best running teams, that has now shifted to those that are better at passing the ball. Essentially every team now wants to do what last year's Super Bowl winner did.

In similar fashion, Wall Street has no shame in mimicking successful formulas, which I think makes sense.

For many years Apple was the only company that was able to successfully be its own hardware and software supplier -- essentially creating the ecosystem of a unified platform. Today, Microsoft and Google are looking for a similar benefits.

In announcing the Nexus 7 Google is looking at two possible outcomes.

First, it sought to design a device specifically for its online store in order to sell music, movies, books and other content. However, with its pricing point set firmly at $199, Google is also looking to steal market share from Amazon -- except it forgets that it licenses its Android OS to Amazon to power its Kindle Fire tablet. Essentially Google has now become an Amazon partner as well as rival.

On the other hand, Amazon, which launched its highly successful Kindle Fire last year, has become an immediate threat to Apple's iPad. While the Fire lacks several of the features of the iPad, its $199 price has proven to be not only a very attractive trade-off, but a formidable opponent.
1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.74 0.00%
AMZN $659.59 0.00%
GOOG $693.01 0.00%
MSFT $49.87 0.00%
FB $117.58 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs