Revenue growth of 22%, 3P sales increasing gross and operating margins as it becomes larger share of revenue. It is becoming evident that the value of Amazon is more earthbound after all. It is not going to continue to grow at 30+% in revenue and get margin expansion too.
The trend is for it to become more like EBay, which grew revenue near equally at 18% for the quarter and has a leaner and more profitable business model, and is on track to make $3 billion a year and trades at 25 times earnings....
Price Amazon like Ebay and there is a lot of air to come out of AMZN
Not really true these days. Ebay daily deals actually partner with buydig, newegg and many other online retailers. These days EBAY daily deals should a lot of item with big volume. EBAY just need to make money from paypal.