SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 232.52+0.1%Dec 26 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Olu Emuleomo who wrote (135092)11/26/2001 1:26:47 PM
From: Oeconomicus   of 164684
 
More from Henry:
``In our estimation, this suggests that Amazon is likely tracking slightly ahead of consensus revenue estimates for the quarter, which call for revenue growth of 5 percent year-over-year,'' he wrote.

Also of interest from the Forbes.com article you just posted:
"While in the past, the core books, music and video [BMV] segment has been the main driver of top-line growth, this quarter we estimate that the U.S. BMV segment will be less than 47% of total revenue, down from 53% last year," Rashtchy said in a research note.

Hmm. 5% year over year growth and the books, music and video portion of sales shrinking by 12%, implying declining actual sales for AMZN's biggest and most proforma-profitable business. Could the margins be better in the newer lines or does this mean that even if they make the top line, they'll miss the bottom line numbers?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext