- Last quarter for Amazon was not a terrible on, but also not a great one.
- It earned up to $177 million, this equals to 38 cents per share for the holiday quarter
- The revenue that Amazon had gotten was $17.4 this was short of their $18.3 billion that analysts expected
- This caused a 9% lowering of trading this Tuesday
- For this quarter, the company expects to gross between $12-$13.4 billion dollar
- What 's bringing in most of this revenue is The Kindle Fire
- Amazon hopes that with it's low price it will bring in more buyers
Thursday, February 2, 2012
Amazon earnings OK, but stock slides 10%
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