Amazon.com’s (AMZN) general merchandise sales and profit margins will be eyed by analysts when the No. 1 e-commerce company reports Q2 earnings after the close Thursday. The impact of Amazon’s releases of the Fire Phone smartphone on June 18 and the Fire TV set-top box on April 2 also will be key. The consensus estimate of 44 analysts polled by Thomson Reuters is for another quarter in the red. They see a per-share loss minus items of 15 cents,
Amazon.com’s (AMZN) general merchandise sales and profit margins will be eyed by analysts when the No. 1 e-commerce company reports Q2 earnings after the close Thursday. The impact of Amazon’s releases of the Fire Phone smartphone on June 18 and the Fire TV set-top box on April 2 also will be key. The consensus estimate of 44 analysts polled by Thomson Reuters is for another quarter in the red. They see a per-share loss minus items of 15 cents,
Amazon (AMZN) is reportedly mulling the launch of a video streaming-based e-book subscription service that will be called “Kindle Unlimited.” A story by tech blog Gigaom and reports by other online news outlets said Wednesday that Amazon briefly put up and then took down what appeared to be a test page on its website for the Netflix-like service — which reportedly sells for $9.99 a month. It was said to grant unlimited access to over 600,000