Thursday, January 29, 2009

Amazon beats estimates

So Reuters and the New York Times both have articles for Amazon (AMZN). Amazon posted some nice Q1 numbers late in the day today. Net income is up 9%. AMZN closed at $50.00, and according to the articles, it's already up 11% in after-market trading. Pretty impressive. I'm going to say it'll go up some more as the results hits the rest of the news circuits. This is pretty exciting as the market was actually down today. So Western Digital (WDC) yesterday, and AMZN today. Not all's dark and gloomy.

(Note: I do not own any shares of AMZN. I do own some shares of WDC.)

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