A HIPPO Internet Marketing Training blog by Corey Creed

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Archive for February, 2015

Amazon News Roundup from January 2015

Here are some interesting news items about Amazon in January 2015 along with my comments.

In 2014, Amazon’s stock price fell 18% While┬áNasdaq overall was up 14%.
Nothing too scary here. However, Amazon’s insisting on growth over profits actually resulted in an interesting Q3 in 2014, which ended on September 30, 2014. In that quarter, Amazon posted a $544 million loss on revenue of $20 billion. They (Jeff Bezos in particular) just don’t care about profits as much as growth. In a strange way, that’s good news for those of us trying to grow our businesses on Amazon as well.
See the GigaOm story here which quotes the Reuters story here. (more…)