Internet News Internet Investing Internet Technology Windows Internet Tech. It was the first sequential quarterly reduction of net loss in the company's history. Which, undoubtedly, it will.
Trouble is, there still is absolutely no proof that the model works.
Swept up in the raging current has been just about any remaining support for the stock among analysts and investors. Meanwhile, analysts tripped over themselves to downgrade revenue, earnings and share price projections for the online retailer. The dwindling number of investors who share long-term enthusiasm for AMZN can now get the stock at a bargain price relative to the past 18 months. And that's not likely to happen in the next few quarters, if ever. Information contained in this newsletter is provided as an information service only.