John Paczkowski

Recent Posts by John Paczkowski

Amazon. Earth's Biggest Bookstore Disappointment

Are online sales largely recession-resistant? Not according to Amazon’s latest earnings. Though its third-quarter profit rose 48 percent from the same period last year on revenues of $4.26 billion, the Internet retailer lowered its full-year sales outlook.

By $1 billion.

Earlier this year, Amazon (AMZN) projected $7.2 billion revenue for its fourth quarter, which includes the all important holiday shopping season. Today, it said it expects revenue for that quarter to fall somewhere between $6 billion and $7 billion.

Uh-oh.

“The holidays are not going to be pretty,” said Soleil Securities analyst Scott Tilghman. “Amazon.com isn’t immune to the economic downturn.”


Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik