H******i
发帖数: 4704 | 1 Colin Sebastian, R.W. Baird:
Reiterates a Buy rating and a $325 price target. Sebastian cut this year’s
estimates to $75.6 billion, and cut his GAAP EPS estimate to $1.13 from $1.
18, but raised his estimate for “consolidated segment operating income,”
or CSOI, to $2.07 billion from $2.05 billion. “CSOI of $441 million (2.7%
margin), easily beat consensus of $343 million (2.1% margin) as gross margin
hit an all time high. While incremental margin turned lower in Q1, we note
that NA segment margins are impacted by depreciation of AWS investments vs.
moderating year over year declines in International margins. Amazon
continues to invest in significant growth opportunities in retail and
technology (AWS), which in our view, justifies management taking a longer-
term view of the margin profile [...] While unit and customer growth
decelerated, we note that comps are easier in 2H, and Amazon continues to
build significant market share. Maintain Outperform rating [...] We believe
that a wide guidance range reflects some macro uncertainties, as well as the
ongoing variability between first- and third-party unit mix.” | p*********r
发帖数: 4593 | 2 Here is another one. Pacific Crest on 4/12. You just feel they say something
for their position, definitely not for the real.
SAN FRANCISCO (MarketWatch) -- Inquiries with tech supply chain providers on
the Kindle Fire tablet has led Pacific Crest analyst Chad Bartley to raise
his revenue forecasts on Amazon.com Inc. AMZN -0.74% . In a research note,
Bartley said Friday that supply chain checks suggest that demand for the
Kindle Fire "is trending better than expected," and mostly due to sales of
the 7-inch version of Amazon's tablet. Bartley estimates that Amazon sold 1.
7 million Kindle Fire's in the first quarter of the year, up from his
earlier forecast of 1.3 million. Bartley also raised his 2013 revenue
forecast for Amazon to $77.12 billion from $76.74 billion. For its part,
Amazon, which is scheduled to report quarterly results on April 25, has
never released sales figures for its Kindle line of tablets. |
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