Their accounting practices are Enron-esque, selectively internalizing expenses while excluding others, likewise for revenues.
I personally think it is more fundamentally important for a business to deliver the product to the customer, than to worry about market share, profit margin, and stock pricing.
For example, I ordered a book from Amazon Sept.15, and received an email Oct.15 that it will be delayed another 4 weeks, till around Nov.13. Meanwhile their website states that the book is in stock. Direct from their webpage for my book order, I quote:
"Usually ships within 11 to 13 days".
If I cross my eyes and drink a few beers, it just might read 'two months'. When I get their next delay notification I'll consider that route.
Off Topic » in reply to The new Amazon.com interface?
re: I read in the news today that Amazon stock is overpriced
