Stephen Foley: Analysts at odds over Amazon's growth
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.US Outlook: Forget the rivalry between Apple and Amazon (the iPad will have outsold the new Kindle Fire tablet several times over this Christmas).
The real battle over Amazon's holiday sales figures is between Goldman Sachs and JP Morgan. Goldman's Heather Bellini turned negative on Amazon shares this week, saying ComScore data showed Americans didn't do as much shopping on the internet this year as expected – a bold call that sent Amazon shares plunging. JP Morgan analyst Doug Anmuth came out in response with a bullish call, saying Goldman was ignoring soaraway growth internationally and all the clicks from tablet computers and mobile phones that aren't counted by ComScore.
Who is right? One of these analysts is going to have an unhappy new year.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments