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Amazon.com (AMZN) Ends Support for Appstore in Android and Coins Program

Amazon.com, Inc. (NASDAQ:AMZN) is one of the best stocks to buy according to billionaire Ken Fisher. On August 18, the company confirmed it will no longer offer support for the Amazon Appstore on Android devices. The company is also discontinuing the Amazon Coins program.

Pixabay/ Public Domain

The decision to end support for Amazon Appstore on Android devices is due to the small number of customers who engage with the program within the Android ecosystem. Consequently, the company plans to continue offering support to Amazon devices, including Fire TV and Fire Tablet devices. Amazon generates most of the traffic on the Appstore from Amazon Devices.

“We’ve decided to discontinue the Amazon Appstore on Android to focus our efforts on the Appstore experience on our own devices, as that’s where the overwhelming majority of our customers currently engage with it,” the Amazon spokesperson said.

Amazon is also urging users to use any remaining Amazon coins in their accounts before August 20. Any remaining coins will be refunded.

Amazon.com, Inc. (NASDAQ:AMZN) is a multinational company engaged in e-commerce, cloud computing, online advertising, and digital streaming. It is best known for operating an online marketplace for buyers and sellers, as well as offering cloud computing services.

While we acknowledge the potential of Amazon.com, Inc. (NASDAQ:AMZN) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AMZN and that has 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 10 Best Performing Crypto Stocks So Far in 2025 and 10 Best Low-Risk Index Funds to Buy Now.

Disclosure: None. This article is originally published at Insider Monkey.

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When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

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  • 140 Metas
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  • 65 Microsofts
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  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

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