Everyone in the world of e-commerce has been watching the eBay, Google, Y! and iPad/Apple news with interest, but to be honest, that is all a side show to the main event tonight – Amazon’s Q4 earnings.
Here’s what to watch for in a handy cheat sheet:
- Revenue – Consensus is $9.04 which is at the high end of the companies $8.125-$9.125b guidance
- Growth rates – the market is really interested in the North American and International growth rates. Q3 was 24% for the US and some see it going as high as 29-35%. Wall St is having the hardest time with this. I always look at this four ways:
- US vs. International
- Media vs. EGM
- Profit – guidance was $300-425m – it will be interesting to see if they blow this away.
Zappos being in the mix is going to make it a little bit confusing, but stay tuned for the news as it hits…
Seeking Alpha Disclosure- I am long Amazon and Google. eBay is an investor in ChanelAdvisor where I am CEO.