Thursday, 27 October 2016

Amazon Forecasts Holiday Sales That May Miss Estimates - Bloomberg


Bloomberg

Amazon Forecasts Holiday Sales That May Miss Estimates
Bloomberg
Investors are worried that Amazon's big investments in initiatives like warehouse expansion, grocery delivery and video production represent a spending cycle that will chew into profit margins. Expenses rose 29 percent to $32.1 billion in the quarter.

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source http://news.google.com/news/url?sa=t&fd=R&ct2=us&usg=AFQjCNGD96ezjKT4seCYzdg0kV2v-jur6A&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779254183414&ei=34kSWNDYO8ep3wH-273YCg&url=https://www.bloomberg.com/news/articles/2016-10-27/amazon-forecasts-holiday-sales-that-may-miss-analysts-estimates

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