Seeking Alpha

ChannelAdvisor's January data could be helping Amazon (AMZN +2.8%) rally: the firm's clients saw...

ChannelAdvisor's January data could be helping Amazon (AMZN +2.8%) rally: the firm's clients saw a 34.3% Y/Y increase in Amazon same-store sales, up from 29.8% in December. eBay's (EBAY +0.2%) growth came in at 18.8%, down from December's 22.2%. In a positive for Google (GOOG +0.1%), search ad-driven sales grew 1% after falling 18% in December thanks to a migration to Google Shopping. Shopping engine sales (inc. Google Shopping) rose 7.9%, down from December's 15.5%. SA contributor Paulo Santos, a long-time Amazon bear, argues Amazon benefited from favorable comps.
Comments (7)
  • dacama1
    , contributor
    Comments (214) | Send Message
     
    Why are you giving Paulo Santos the time of day?
    13 Feb 2013, 12:35 PM Reply Like
  • wigit5
    , contributor
    Comments (3982) | Send Message
     
    Paulo!!!
    13 Feb 2013, 12:35 PM Reply Like
  • Michael Bryant
    , contributor
    Comments (5425) | Send Message
     
    Think about it. Would I rather search for an item online (which would take a few seconds) or spend an hour at the mall and there is no guarantee you can find what you want?

     

    Food and clothing will always be in demand at the grocery store or mall. Most people want to buy the food after they feel and/of look at it. My mom searches through oranges and apples at the grocery store to find ripe ones. She also likes to try the clothes on before she buys them.

     

    But for everything else, I choose (AMZN). Tried to find a Number 8 ball at (WMT). It didn't have it. It took two seconds to find one online.
    13 Feb 2013, 12:58 PM Reply Like
  • wigit5
    , contributor
    Comments (3982) | Send Message
     
    Yep stores that only sell items typically not 'tried before bought' will disappear eventually I think... maybe not for 50 years but eventually.
    13 Feb 2013, 01:01 PM Reply Like
  • footnotereader
    , contributor
    Comments (50) | Send Message
     
    I am sick of hearing about sales. Show me the profits!!
    13 Feb 2013, 01:04 PM Reply Like
  • 215304
    , contributor
    Comments (615) | Send Message
     
    footnotereader, you (and most intelligent investors) don't understand. Amazon has been granted absolution by Wall St. regarding profits; unlike other companies, Amazon does not have to make money, it only has to sell lots of things. All companies not named Amazon are required to sell products or services AND make money. Amazon is the only $100 billion company that doesn't make any money; it may become the first trillion dollar company that doesn't make any money. It's a pretty good deal when you think about it :)
    13 Feb 2013, 04:44 PM Reply Like
  • Michael Bryant
    , contributor
    Comments (5425) | Send Message
     
    (AMZN) was making a profit a few years ago. They were in red till about 2004. Now they are back in red.

     

    And from accounting class, the most important thing is not profit but sales.
    14 Feb 2013, 12:31 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|