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Will Amazon Continue to Surge Toward Global Domination?
Amazon has scheduled its quarterly earnings announcement after the markets close one week from today, January 29, 2013, with the usual conference call to discuss financial results at 2:00 p.m. PT/5:00 p.m. ET that day. The conference call will be webcast live, and the audio and associated slides will be available for at least three months thereafter at www.amazon.com/ir.
It will be interesting to see if the company is able to continue its recent surge in share price, which has been fueled not only by the Kindle revolution but also huge growth in the company’s overall global retail market share, its Amazon Web Services cloud infrastructure, and the disruptive nature of its customer-centric business model and aggressive pricing on the market share of Apple and Barnes & Noble. Not only has Amazon’s share price jumped about 50% over the past year, but it has gained over 20% during the last six months (double the Nasdaq composite index) while both Apple and Barnes & Noble have seen their shares fall by about 10% each during that period.
It scarcely makes sense any more to think of Amazon as the single company that Jeff Bezos started in his garage 17 years ago. First, of course, there’s the global presence:
Equally impressive is the astonishing diversity of the company, whose website currently l
And then there’s Amazon Publishing, which has grown to six pretty serious imprints so far:
Wow. Plenty here to sustain a continued surge, or not. But want to know what’s really impressive?
Jeff Bezos says he sleeps very well at night. That’s impressive.