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Apple: Estimates, Target Cut on Weak Forecast of iSales

when Huberty is actually correct about something please let me know. In the mean time i'll be following Andy Zaky for my Apple analysis instead of this overpaid idiot.

Amazon: Sacrificing Margin for Sales

good article. one thing you are not factoring in is that a good portion of their Q2 earnings were from a one time gain on a non cash sale of a European DVD unit. Back this one time gain out of operating income and they actually missed expectations.

Amazon: Sacrificing Margin for Sales

Good article, I agree w/your comments. One thing you do not appear to be aware of is that a large portion of their Q2 earnings were due to a one time gain from a non cash sale of a European DVD unit. Back this one time gain out of operating income and they actually came in below expectations.

Amazon: Recession? What Recession?

if you retards would actually read the details of the earnings release you would see they actually missed earnings by 2 cents.

Confusion over an unexpected $53 million gain from an asset sale caused Amazon shares to zigzag in after-hours trading following the results announcement on Wednesday.

Earnings of 37 cents in the second quarter beat Wall Street's average estimate of 26 cents per share. Excluding the gain, however, earnings beat analysts' expectations by only 2 cents.

But when accounting for a lower-than-expected tax rate that boosted results in the quarter, Amazon's earnings came in two cents below Wall Street's consensus, at 24 cents, according to two analysts, including Boyd."