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Amazon's (AMZN) Q1 Y/Y paid unit growth was 30%, the company discloses in its CC; that's down...

Amazon's (AMZN) Q1 Y/Y paid unit growth was 30%, the company discloses in its CC; that's down from Q4's 32% and Q3's 39%, but still above rev. growth of 22%. 3rd-party sellers (some of them upset over fee hikes) made up 40% of unit sales vs. 39% in Q4 and 41% in Q3; they've been a major source of gross margin growth. Digital content sales growth slowed down, leading physical units to rise over 300 bps Y/Y as a % of total units. Forex expected to have a 275 bps impact on Q2 rev. growth. North America had a $457M op. profit in Q1, international a $16M op. loss. Active customer accounts rose to 209M+ from 200M+ in Q4.  AMZN now -3% AH. (Q1: I, II)
Comments (4)
  • Buy puts [ATM LEAPS] in (AMZN) and your grandchildren will thank you.
    25 Apr 2013, 07:36 PM Reply Like
  • Disagree on op profit - CSOI is not op profit, "it's something else".
    25 Apr 2013, 09:22 PM Reply Like
  • Technically, it's all the profit/losses that aren't generated by core operations. It's designed to help investors understand how core activities are doing.
    26 Apr 2013, 12:30 AM Reply Like
  • I rather think it's designed to help investors ignore costs paid in stock, as if the stock didn't have value, when it has plenty.
    26 Apr 2013, 06:45 AM Reply Like
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