Wednesday, January 30, 2013

Investors Shrug Off a Weak Earnings Report From Amazon - NYTimes.com

Check the full article for an Amazon earnings snapshot
"Investors decimated Apple last week when it appeared that the world’s mightiest profit machine might be slowing down just a tad. But they cheered on Tuesday when Amazon said its fourth-quarter sales and earnings fell short of expectations. Oh, and expect a miserable first quarter, too.
Shares in Amazon immediately jumped nearly 10 percent in after-hours trading, about the same amount that Apple fell after releasing its news."
Investors Shrug Off a Weak Earnings Report From Amazon - NYTimes.com
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