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GameStop Corp. Message Board

  • varchild2010 varchild2010 Jul 26, 2012 4:10 PM Flag

    What Amazon earnings/revenue miss means for GME

    Amazon just reported .01EPS, they were expected to report .02 EPS.

    They missed on Revenue figures as well...

    So now for the first time Amazon's quarterly earnings shows weakness on TOP LINE, not just the BOTTOM LINE. Before, Wall Streeters kept bidding up the price simply because Amazon sold more stuff....Not caring in the least about the shrinking profit margins, plummeting profits $$$$....plummeting EPS.

    Now they will have to deal with weakening REVENUE, TOP LINE, growth on top of a continuation of an atrocious bottom line.

    But it is interesting....So many that claim GAMESTOP's business is going away point to DIGITAL as the *WAY OF THE FUTURE*

    And yet AMAZON is falling apart...

    NETFLIX is falling apart...

    ZYNGA is falling apart...

    FACEBOOK earnings not a miss...a least on Revenues...but a MEET on EPS...and expectations were already pessimistically low for the company.

    NOPERS....We aren't living in a "DIGITAL WORLD."

    It's the economy!!

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27.59+0.45(+1.66%)Sep 30 4:04 PMEDT