Amazon.com Inc. just reminded everyone that ever was investment regime.
While fourth-quarter net income more than double the $ 482 million or $ 1 per share, much less than what analysts predicted, shares of Amazon fell by about 15% after the Internet retailer reported results.
After delighting investors with a surprise profit in mid-2015, CEO Jeff Bezos decided to boost spending again relying on fast delivery, intelligent household appliances and Web technologies and services that will lead to strong growth in sales.
He is not shy in spending money: Amazon optimize supply day in the last period as increased implementation costs by 33%; the company also will broadcast its first Super Bowl ad next week. Bezos believes that Amazon is still in the early stages of growth and the costs are justified.
"After Amazon for a very long time and I've seen people who doubt the shares of the company," said Victor Anthony, an analyst at Axiom Capital Management. "They invest to approach closer to the customer and continue to increase the share in retail trade. Investors who trust shares will continue to be rewarded as they have been in the last five years. "
For the first quarter, Amazon predicted revenue of $ 26.5 billion to $ 29 billion, compared with average expectations, $ 27.6 billion, analysts.
E.Dimitrov JrTrader
25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256
World Financial Markets - 0700 17 600 Varchev Exchange - 0700 115 44
Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.
Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006
The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Disclaimer:
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.