AMZN shipped 2.2 million tablets in the first quarter of 2016, compared to only 40,000 in the same time last year, helped by its low cost Fire tablet, according to the analysis firm INTERNATIONAL DATA CORP
This strategy of penetrating from the low end with devices that allow fast purchases from AMAZON is genius !
You are posting as if this is a real market and subject to rational analysis.
It is a numbers game that factors short interest, effects of mass hysteria, i.e. crowd mentality, low float, and relatively tight control of most shares.
See what I mean? AMZN was 626.5 today before it collapsed to below 600. And the converse is also true, stocks are sometimes weakest just before they ROAR! like AMZN did post-bell. Island jumping!
sorry, that was a typo but if you look at the bottom line you will see that. than you for pointing that out.
amazing to me that longs on amzn have nothing to say, they have no clue about finances and anybody that puts out the facts must be an evil short. WOW! what a low IQ. when you get out of the 3rd grade and learn how to do math you can come back to this board. I did not say anything about how they beat on revenue, what I pointed out if you were to do same store sales comparing apples to apples, the company's growth has slowed down.
haha this is my new favorite msg board. ya that's it the extra day from leap year and some normalization of a historically strong US dollar is how amazon beat on revenue hahaha. you shorts are really desperate huh?