Originally Posted by Will_Penny
"Exepct the Ecommerce bsuiness to slow down a bit."
Bigbull, why do you think that?
Well last quarter AMZN reported dynamite earnings which were due in large part to their strong Ecommerce business. This segemnt alone contributed a behemoth 67% of their revenue numbers and 62% of their overall growth. Recently they have expanded to China were less than 15% of the total population has any type of computer access. If you take this into account you will see that they are not going to start seeing big returns from china just yet but they will have to pay expenses there until most of the populaiton becomes acquaited with all the computer gadgets. This means that growh will have to slow down in part.
Their book industry is the strongest and will likely be the stongest group of the segment. But this group only contributes to 18% of their growth so the book industry will have to grow 100% of its full potential just to keep up.
the jewelry group is making little to no money because of high import taxes on diamonds brought from Afirca to be sold in the U.S.
They have started an MP3 businesss where clients can downoad songs but you and I know that people find multiple ways to download such songs for free leaving this industry into pure debacle and huge expenses. the company itself expects setbacks in this particular group.
Besos, CEO, is another world building space crafts and is not really involed in the company. Their board is not the most bright of the bunch and they have been notorious for paying more for what an item is worth.
Finally, Ebay is stil taking market share from Amazon. They provide the best items for the buck. Ebay pays lower expenses for the same type of service that AMZN has.
AMZN expectations are high and any bad news will dissapoint the street heavily thus making all of the hot money and trading miney to leave within a blink.