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Amazon (AMZN): Q2 EPS of $0.01 misses by $0.01. Revenue of $12.83B (+29% Y/Y) misses by $60M....

Amazon (AMZN): Q2 EPS of $0.01 misses by $0.01. Revenue of $12.83B (+29% Y/Y) misses by $60M. Sees Q3 revenue of $12.8-$14.3B vs. consensus of $14.1B. Shares -7.3% AH. (PR)
Comments (24)
  • sheeple2012
    , contributor
    Comments (203) | Send Message
     
    Is this an April fool's type joke? 100 billion market cap and they made a penny? really?
    26 Jul 2012, 04:09 PM Reply Like
  • RK
    , contributor
    Comments (399) | Send Message
     
    And people are not that upset. Down only 0.13% at this time. Apple investors keep marveling at AMZN's lofty share price.
    26 Jul 2012, 04:35 PM Reply Like
  • SMSupply
    , contributor
    Comments (9) | Send Message
     
    Product(Apple) vs Solution(Amazon). Old Selling vs New Selling.
    26 Jul 2012, 06:09 PM Reply Like
  • CINDYVU
    , contributor
    Comments (76) | Send Message
     
    How much apple's share will be if its revenue $36B and EPS $.03?
    26 Jul 2012, 06:42 PM Reply Like
  • Whitehawk
    , contributor
    Comments (3129) | Send Message
     
    But dominant in mass online retailing and web-cloud services. If the tax situation changes, AMZN becomes an instant short.
    26 Jul 2012, 04:44 PM Reply Like
  • sillarsdave
    , contributor
    Comments (4) | Send Message
     
    The tax situation has changed. For 40% off the American population so far.
    26 Jul 2012, 05:50 PM Reply Like
  • patmann03
    , contributor
    Comments (24) | Send Message
     
    Yeah, but how many people actually say they bought stuff online for state taxes. It's an easily loop hole if it isn't enforced at the point of sale.
    27 Jul 2012, 10:52 AM Reply Like
  • Positive Equity
    , contributor
    Comments (483) | Send Message
     
    Seriously, who cares how dominate Amazon is in any space. As a share holder you want to see margins improving and earnings per share going up. Not gonna happen with this stock. Obviously shareholders come last with Amazon.

     

    Who are the fools holding this bubble stock up?
    26 Jul 2012, 04:54 PM Reply Like
  • Whitehawk
    , contributor
    Comments (3129) | Send Message
     
    If you're a shareholder, you've benefitted from the price action out of this report. If you think you aren't, and are in the money, sell.
    26 Jul 2012, 06:17 PM Reply Like
  • Positive Equity
    , contributor
    Comments (483) | Send Message
     
    Amazon spends most of the money they make in the name of growth. They have gotten away with this story for years. Perhaps we should call it the Amazon scheme. This scheme consist of the promise of better returns in the future based on an increase in growth. Unfortunately, this growth is costing more and more over time. The margins are shrinking and the returns per share are now 0.01.

     

    So how do you keep a stock price high when the margins are terrible and the returns 0.01 per share? You get your early institutional investors to keep buying your stock and pump the story of growth and how important it is to future profits. This keeps the foolish money coming in to pump up the bubble price to new highs. That when your institutional friends dump their risky overpriced shares and take the profits from the Amazon scheme. This cycle of pump and dump happens over and over agains because foolish investors have no idea what is really going on with Amazon's stock price. Yes, this is all legal. Just not ethical or good for the new foolish investors.

     

    Be a savvy investor and don't fall for the Amazon Scheme !
    26 Jul 2012, 08:51 PM Reply Like
  • bryantjulian
    , contributor
    Comments (104) | Send Message
     
    Government employees, duh. CALPERS is probably overweight in AMZN.
    27 Jul 2012, 04:38 AM Reply Like
  • Ricardo Espinosa
    , contributor
    Comments (447) | Send Message
     
    Selling the 220/230 weekly calls was a great choice, can´t wait to see who´s dropping next after CMG, ZNGA, FB, AMZN, etc...http://seekingalpha.co...
    26 Jul 2012, 05:02 PM Reply Like
  • dab3z
    , contributor
    Comments (312) | Send Message
     
    Not so fast. It's now green. I'm baffled.
    26 Jul 2012, 05:34 PM Reply Like
  • SMSupply
    , contributor
    Comments (9) | Send Message
     
    Which retailer is not scared of AMZN? Growth and CapEx mode right now, let's wait another 2 years and see what happens.
    26 Jul 2012, 06:08 PM Reply Like
  • Sammy Lee
    , contributor
    Comments (295) | Send Message
     
    Wait another two years? Do you know the history of this company? "Give it more time." They've been saying this ever since the company went public! And they're still saying the same garbage. "Wait till they get all those Kiva robots and implement same day delivery."
    26 Jul 2012, 06:52 PM Reply Like
  • Whitehawk
    , contributor
    Comments (3129) | Send Message
     
    This seems to escape many. Perhaps it will be a short, but not here. AMZN is growing in many segments, including industrial wholesale supply. They are adding capacity to meet demand. Their cloud/AWS (EC2/S3/RDS/VPC) offerings are gaining share. Yes, they need to start managing costs, otherwise the shorts will eventually win.
    26 Jul 2012, 06:54 PM Reply Like
  • tiger8896
    , contributor
    Comments (565) | Send Message
     
    While the stock recovered from a 10 pt loss to about a 2 pt gain after hours, I just don't see how a bull can be happy about this report, Though I did hear an analyst say "great quarter guys" on the call.
    26 Jul 2012, 06:37 PM Reply Like
  • Sammy Lee
    , contributor
    Comments (295) | Send Message
     
    I can see Paulo Santos smiling right now.
    26 Jul 2012, 06:50 PM Reply Like
  • birdmaestro
    , contributor
    Comments (128) | Send Message
     
    Shorting Amazon is like trying to swim up the river. Sounds like a good idea until you're actually in the water. :)
    26 Jul 2012, 07:50 PM Reply Like
  • Sammy Lee
    , contributor
    Comments (295) | Send Message
     
    They said the same thing about CMG.
    26 Jul 2012, 08:30 PM Reply Like
  • RK
    , contributor
    Comments (399) | Send Message
     
    So how many Kindle Fire was sold? Still no answer. As far as I can remember, AMZN has never once disclosed Kindle sale numbers. What a transparent company!
    26 Jul 2012, 08:23 PM Reply Like
  • mike8599
    , contributor
    Comments (573) | Send Message
     
    This company keeps growing..... it's like the government except it breaks even with enough of profit that it doesn't have to pay dividends.

     

    I've held AMZN for awhile and honestly can say that through all the down talk the stock keeps rising. 30% growth in revenue.

     

    I'm waiting for the AMZN travel site.
    26 Jul 2012, 08:52 PM Reply Like
  • Aristiphones
    , contributor
    Comments (1327) | Send Message
     
    not an owner but boy do i love to watch this company. for all those folks who think the sole goal in business is shareholder return i say "Amazon."
    http://bit.ly/OfBO8N
    26 Jul 2012, 10:07 PM Reply Like
  • mike8599
    , contributor
    Comments (573) | Send Message
     
    How wide is the "moat" on AMZN.... can you say VERY.

     

    No one competes everywhere AMZN competes. They are like the Walmart of cyberspace - and I'm not just talking stuff, I'm talking personal and commercial services as well.
    27 Jul 2012, 07:31 PM Reply Like
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