MC2 Post 1887 Amazon's Q2: Sales up 23 percent but misses the mark on earnings

On Wall Street (CNBC):   

They call that a  Slide....

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Like the Title of the new series on AMC,  Amazon was less of a Catching Fire (with the new Amazon Phone) and more of  a  HALT  on earnings.

Wingman.

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From:   http://www.zdnet.com

 

However sales were up with a revenue of $19.34 billion, an increase of 23 percent year-over-year.

Wall Street was expecting a loss at 14 cents per share on a revenue of $19.34 billion.

 

In reaction to a much larger-than-projected loss, Amazon shares started to tumble in after-hours trading by as much as five percent.

Focusing on the slew of products the Seattle-headquartered corporation unveiled during the second quarter (and even the last few weeks), CEO Jeff Bezos reflected on the quarter in prepared remarks:

Link:   http://www.zdnet.com/amazons-q2-sales-up-23-percent-misses-the-mark-on-earnings-7000031826/

TinyURL:   http://tinyurl.com/krlkk7n

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