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bbyboomer50 1 post  |  Last Activity: May 1, 2014 10:51 PM Member since: Jul 18, 2009
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  • As AMZN took the hit with the last quarterly report we see the AMZN fans and fools starting to creep this stock price back up. But the facts are that Jeff continues to wow the crowd with his circus act with the great things he is doing and hope in future pots of gold. The facts are that AMZN investors still have never been told how many Prime subscribers there are or how many Kindles and Fire tablets have been sold.

    But IDC has just reported that the tablet market has started to reach saturation with only 3.9% growth in year-over-year tablet sales in Q1. Amazon had one of the biggest drops in year-over-year tablet sales with an almost 50% drop in unit sales. That news certainly did not come out in the last quarterly reporting. (I didn't see anyone talking about it but NA Media YOY sales only grew 12%. So much for the promise of we'll make money when they use our tablets, not when they buy them.)

    The only mote in the AMZN business plan is the lack of critical analysis by the business press in general and the AMZN investors in particular.

321.095-37.515(-10.46%)12:15 PMEDT

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