They posted a loss of almost half a billion dollars in the last quarter and sales came in at $20.58 billion short of the analyst expectations of $20.84 billion.
Worse still for the all important Q4 Amazon predict sales growth of 7-18% ($27.3 billion and $30.3 billion) short again of what analysts would like to see which is more like 20-21% ($30.89 billion).
Amazon have been spending vast amounts on various projects such as mobile phone development, the Kindle, TV, AmazonFresh, Amazon Web Services and drone testing. They’ve a history of not worrying about delivering profits, instead concentrating on growth and market share.
Amazon shares dropped around 11% wiping over $15 billion off the value of the company.
We don’t expect you to care about any of this though. The only thing that matters is how your sales on Amazon are performing. In some ways your sales are contributing to Amazon making less profit, the higher the proportion of 3rd party sales the less margin Amazon makes compared to products they supply as a retailer.
So how are your sales on Amazon? Are you happy with the level of sales and are they up, down or indifferent?