Thread: Amazon Announces Quarterly Earnings
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Old 04-26-2011, 04:22 PM   #1
kjk
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Amazon Announces Quarterly Earnings
http://www.businessinsider.com/amazon-earnings-2011-4

Quote:
Amazon had a big miss on earnings, and the shares are down 6% in reaction.
Revenue was a beat, but EPS was off significantly. Looks like the street underestimated Amazon's spending plans.
Wonder what they are spending on?
Earnings call in 1/2 hour-odds that Amazon will finally release some Kindle sales numbers?

edit: ok, found out what they are spending on: new employees. A LOT of them.
Last edited by kjk; 04-26-2011 at 04:50 PM.
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