Amazon jumps in afterhours on 22 percent revenue growth

January 30, 2013 0

Seattle, WA Shares of Amazon jumped 9 percent in afterhours trading on Tuesday after the world’s largest e-commerce retailer posted strong fourth quarter holiday revenue growth of 22 percent. Revenue in the fourth quarter 2012 grew to $21.27 billion, compared with $17.43 billion […]

Amazon Misses at Earnings; Maintains Long Term Growth Spending Plans

February 1, 2012 0

Amazon Headquarters Seattle, WA Seattle, WA    On Tuesday online retailer giant Amazon posted disappointing quarterly revenues and guided lower for the first quarter of 2012. Amazon shares tumbled 7.56% in after hour trading. Amazon’s revenues fell nearly 1 billion in the 4th quarter […]

Google to Challenge Amazon in Retail?

December 2, 2011 0

The Wall St. Journal and Business Insider reported on Thursday that Google is planning to take on Amazon in the retail sector by offering a new online shipping service with selected retailers. Google is reportedly in discussion with popular retailers such […]

Amazon misses at 3Q earnings but invests in long term growth

October 26, 2011 0

Yesterday Amazon posted disappointing results in their 3rd quarter earnings report. Amazon’s shares fell 12% in  trading yesterday.  Amazon’s net income in 3Q 2011 fell 73% compared to the 3Q in 2010. But Amazon’s sales revenue in 3Q increased 44% or 10.88 billion up from 7.6 billion in 3Q 2010 . […]