igggy

How to Value Amazon?

I actually worked for Amazon as a software developer. Their website platform is not perfect but it's years ahead of many competitors. Another company might be able to replicate their platform and site features with one billion dollars but that would be the price tag every year for 10 years or so and by then Amazon's website will have improved too.
I imagine it's nice for Amazon's customers to have a single place to track their purchases (books, CDs, etc). That adds to Amazon's moat too.
Having said that, Amazon has too big a market cap to deserve such a high PE multiple.

Kindle Digital Books Are Already Selling at 35% the Level of Print Books

Why is it 'additional' rather than 3,500 out of 10,000 will be electronic books? Which sell for less but perhaps have a higher margin.

> if a paper book sells 10,000 copies on Amazon (AMZN), it will sell an additional 3,500 digital copies on the Kindle.

Amazon Looks Even Better Now than It Did in February

You mean AMZN's P/E of 53 is higher now than it was in February? and they'll beat the estimates that are lower than last year's EPS? Whatever is pushing this stock higher will someday stop.

Amazon: King of the Retailers - Barron's

Hey User 358964, you make valid points but stop it already!

Amazon.com: Possibility of E-Commerce Sales Tax Makes It a Short

Amazon is a great company but the current economic environment and AMZN's high evaluation are obviously bad signs. There is no reason to write a lengthy article unless you have something new to say. And yes I am short Amazon too.