Interesting article. and RBC upped Alibaba Valuation to $150 B from $110 B yesterday - Fireswirl FRWRF looks like an excellent ultra spec ! too bad so illiquid
As of 6 p.m. ET (Monday), sales on Amazon were up 44.3% over last year, while sales at eBay were up 32.1%, according to ChannelAdvisor.
Industry Overall - online sales were up 21.4 percent on "Cyber Monday," according to IBM Digital Analytics Benchmark
Analyst Estimated Revenue Growth of 22% for this quarter is looking very conservative.
Trailing 12 month Free Cash Flow is $1.5B - and issuing debt at lower then your cost of capital makes economic sense. They are still Net Debt FREE ! They should issue another $5B in Debt next year - their capital structure is too conservative.
Annual Free Cash Flow
2003. $349 Million
Over $12 BILLION
Read the financial statements - it is all there - $1.5B in Free Cash flow in the last 12 months alone. Net Debt Free - they can afford to spend on cutting edge technology.
people have short memories -- Amazon made over $10 B in profits in the last decade ... yes, they have ramped spending the last 2 years - new categories, new geographies, new services...
Bezos does it again -- it is Cyber Monday - and Amazon is the Lead Story on TV, Radio and Newspapers !! you can't buy Advertising like that.... oh, time to look at the deals on Amazon. Happy Shopping.
Yes, plus I know he has been blind to the economic recovery taking place in the US for the past 2+ years. Not to mention under performing the market, by shorting AMZN by over 70%. He seems to be increasing his postings, and is appearing more desperate with each post - lunatic behavior. Naive retail investors usually continue to double down of poor decisions versus cutting their losses. Admitting your mistakes is one of the toughest investment decisions to make. If gold were to rise above $1500 I will cut my losses and move on.