Friday, February 8, 2013

Amazon Earnings Limp Along

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Amazon reported QE December 2012 financial results on January 29

Amazon Earnings: Cooler Heads Will Prevail

Now that some of the initial volatility of Amazon (AMZN) resulting from the quarter ending December 31, 2012, earnings announcement has subsided, a review of the ongoing lackluster performance is in order. For quite some time, fundamentals have not mattered - only the hope of tomorrow has. Amazon is about high volume sales that ultimately do not reach the bottom line and earnings per share. Accordingly, the shareholders do not benefit from this massive amount of transactions, and dollars, churning at Amazon from the effort of 88,400 employees. This may be the eighth wonder of the world. Read more and see charts at Seeking Alpha.

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