report: AMZN sales up 25% 1st two weeks of December ... that misses consensus of 27%!
Stock should drop, but I would expect additional upgrades on that news. Scamazon's growth has been fading for 3 Q's now .. the trend is dropping as they are struggling to add more than $14B per year in sales. (FY12 sales will increase less than FY11 did on a $ basis - leading to huge % gain drop ... not good for a stock with a forward P/E of more than 140).
Crooks in WS continue to lower EPS. There is no way Scamazon will have a forward PE of only 140. I would wager that the EPS for 2013 will be less than $1.20. Therefore, actual EPS for 2013 is closer to 220. Course this doesn't stop this scam from running in 2012 with PE north of 3000.
Those with plenty of cash on hands will be richly rewarded shorting this POS.
Cost of salez up 45% az theze idiots lose money hand over fist selling and shipping goods at a loss and hemeroging cash by floundering from one business idea to the next az bezos and the momo bots unload their stok.
And how much cash flow does Amazon generate on those sales? :-) The cost structure for the physical goods business is heading south.
Google just added an iTunes match equivalent for music. Now Apple and Google just have to do that on books and BEAT all Amazon digital books prices by 10%. Amazon is going after their core businesses, so there should not be any anti-trust issues in responding to competition...