kindle a massive joke always has been. real question only remains is can amzn continue to grow top line 40% and how will they do so. When 1Q10 number comes down did they sell 40% more than last quarter at 4% margin. Will they book $7B in revenue this quarter. Will they sell $8B in the 3Q10 will they break $13B in final quarter. If they can grow in a recession man look what they can do in a recovery right. my guess is they miss the 1Q10 but announce a kindle dump at $199. Dumb money may actually fall for it. Look at Citi putting up 180. Prime example. Internet retail cant' miss is what they say.
>real question only remains is can amzn continue to grow top line 40% and how will they do so.
What shorts don't get is they're experiencing secular growth of numerous product categories shifting to the internet and this is happening whether or not there is a recession.
>Internet retail cant' miss is what they say.
That is what all the data indicates and so a logical conclusion. Only dumb shorts who don't realize what is going on think it is just some kind of luck fluke and that shorts have timed it right this time. Like the shorts at 90 thought before it went to 145, or more recently the shorts at 113 before it went to 135.