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Timothy Phillips is currently both an independent investor and executive consultant in the Technology and Finance industries. Previously, Mr. Phillips held executive positions in the semiconductor industry for more than eighteen years including Vice-President & General Manager of a $140... More
  • Updated Comscore Report Shows More Difficulty For Amazon's 4th Quarter 0 comments
    Jan 4, 2013 9:49 AM | about stocks: AMZN

    Comscore released an updated 4th quarter US holiday on-line sales estimate this morning that revised their estimates down to 13.8% growth from a prior 15.5% as the last week of the year was very slow (up only 1% Y/Y). The 13.8% is also drop against the 14.4% increase in 2011 Q4. This represents about a $1B shortfall from Comscore's prediction of a 16% 4th quarter increase, making it even more difficult for Amazon (NASDAQ:AMZN) to meet analyst estimates. This is a follow up to my article on Monday based on the 15.5% expected growth last week.

    Disclosure: I am short AMZN.

    Stocks: AMZN
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