They will WARN after the bell..Open $215 tomorrow...careful
They warned on the conference call of their last financials that the 4th quarter would not be profitable. The funny thing is that with high overhead profitability should be less with volume unless they have negative margins and/or too much overhead. So if they lose money in the 4th quarter when their assets are utilized more efficiently, what does that say to the 1st quarter. There only hope is world domination coupled with vertical integration.
Sammy that is funny, Bezos is a master of setting up profit, what he said was that profit could be a loss of 500 million to a billion all the way to a gain of 500 million to a billion appox, I see a 2-5 billion profit, the street blown away, every short wiped out, those in upper management that see with their eyes how good things are will all start big buying, each week till earnings lift off. Wall Street Billionaires and Hedge Funds want to see how Amzn would compete with goog if it had the same market cap.