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Nickname: tommot
Review: "What's more, growth actually would have been five percentage points higher, or 22%, if the strength of the U.S. dollar hadn't reduced the value of overseas sales."
According to my understanding the U.S. dollar is in the tank and has fallen over 30% to the Euro, so overseas sales, particularly in Europe, should contribute greater to the profits of Amazon. Particularly since the prices in Europe are much higher for the same product.
Date reviewed: Dec 21, 2006 5:33 PM
Nickname: Joe Stocks
Review: The Amazon business plan is being hit from all directions. Ebay has improved their 'buy it now' offerings. Google makes Amazon just one of many selling certain products. Toys R Us in now gone. GSI Commerce has signed up Toys R Us as well as names like Ace Hardware, Radio Shack, Linens'n Things, among many others. Amazon will hopelessly keep trying to piggyback on other's initiatives, with little to no return on substantial investments. They can not continue to give away margin in hopes of making it up on volume.
Date reviewed: Jul 2, 2006 8:43 PM
Nickname: phoenix
Review: As a amazon seller for the past three months I can surely tell Amazon is going foward. I was able to clear out all my inventories very fast in Amazon when compared with eBay.com. Amazon customer service is good and we have less headaches selling here compared to eBay. So I dont see Amazon is going down. As far as my experince, I surely bet on Amazon's future.
Date reviewed: Jun 24, 2006 10:47 PM
Nickname: beanwah
Review: Amazon will continue chasing the next big thing and continue to spend a lot of money on it. If they would focus on retailing and forget about chasing Google, I might consider investing. Google has the advantage of making a sick amount of cash, and can invest in new initiatives relatively easily. Amazon, does not have that advantage with its small profit margins.
Date reviewed: Apr 25, 2006 6:18 PM
Nickname: HJ
Review: Bware! As a seller on Amazon, third party sales have been dropping fast (30-40%). This has been the trend since last August 2005. Some of this drop has shown up in last quarter's earnings. First quarter 2006 is even worse. Amazon gets most of its company profit from commissions on third party sales, plus the excess shipping fee they collect. With a continued drop in third party sales due to the new site system, expect continued losses.
Date reviewed: Apr 25, 2006 4:53 PM
Nickname: pike
Review: Amazon hires recklessly. You may think hey they are offering me this 80 grand, but don't count on it. It does not always last.
Date reviewed: Feb 14, 2006 11:42 AM
Nickname: The Rational Investor
Review: With so much research and development being pumped into the company, a drop in profit is expected. Online retailing is still in a growth stage, so of course profit would be unstable. Unfortunately, speculation on the street tends to punish companies like Amazon for aggressively pursuing growth opportunities. Immediately after Amazon fell down to the 30s range, I tripled my personal holdings. Amazon is the Wal-Mart of the Web.
Date reviewed: Feb 6, 2006 5:53 PM
Nickname: delano
Review: Don't bet on amazon. It is not Microsoft or Google. I have seen the way they hire programmers. They paid 80,000 for a recent college graduate just to compete with Google. Amazon is a Google wannabe. They reinvent the wheels and get caught with not-invented- here syndrome. Their development costs are going up and up.
Date reviewed: Feb 6, 2006 4:45 PM
Nickname: Amazon lover
Review: Amazon is the best online merchant ever. I just love the Amazon Prime service. And it greatly improved accessability by phone. It is the company that you can perceive where the spending goes. Two thumbs up for Amazon.
Date reviewed: Feb 5, 2006 8:41 AM
Nickname: Ashish
Review: I don't think that it is the right time to spend money on some other things while investors are losing their patience. Sometimes we must look at short-term goals instead of long term.
Date reviewed: Feb 4, 2006 1:18 PM
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