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Erick Lee

Erick Lee
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  • Amazon's Stock Price Is Benefiting From Irrational Exuberance [View article]
    "Unfortunately, Amazon's International operating income has collapsed relative to 2010 levels. Amazon International earned $654M in the first nine months of 2010. In the first nine months of 2011 it earned $463M and in YTD 2012 it earned $6M."

    Did i read correctly?! How on Earth did that end up happening? That's a huge blow to their business. Domestic growth potential will plateau sooner or later. International growth is where it's all at, and from what you're saying they are losing badly at it.
    Nov 3 03:06 AM | Likes Like |Link to Comment
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