Those Even-Worse Amazon Numbers

Best coverage of them might be on Zero Hedge, but even the New York Times is now calling out the low-margin Internet retailer.

Cash is down another billion, to $5.4 bil. or something. For some reason, Amazon has this huge spike in Accounts Receivable–over $2 billion. I’m puzzling over what the heck that might be. Pre-orders? Zappos? I’m billed when things ship… But, more later. Want to see how the market treats ‘em today.

About dmoynihan

Me here.
This entry was posted in Ebooks. Bookmark the permalink.