3 ms·
Amazon Announces Strong Results
- sh1mmer 18y agoCan anyone parse out of this statement how much the collective web services made?
- deleted 18y ago[deleted]
- akd 18y agoOn the earnings side that is hard to do since so much cost is shared between the retail and web services side, with not a very clear way to allocate it out between the businesses.
- seldo 18y agoSo over the holidays people were tossing around the idea that the awful retail sales would translate into a boom for Amazon, as shoppers tried to save money by buying online instead. Has anyone seen a comparison of the total retail shortfall relative to Amazon's bumper quarter? Are they even the same order of magnitude?
- TomOfTTB 18y agoWith all due respect to Amazon they don't even come close. The Dept. of Commerce initially reported retail sales were down by 9.8% from December 2007 which accounts for about $37.2 billion less in sales (http://www.thaindian.com/newsportal/business/us-retail-sales-plunge-in-december_100142460.html http://www.thaindian.com/newsportal/business/us-retail-sales...). Amazon's total sales were only $6.7 billion and it was only up $1.03 billion. Still great for Amazon but no where close to compensating for the total loss.