Light on revenue and 23 cent loss ex items versus expectations of 8 cent loss. Not going to move the entire market like Apple but not a positive. Stock is down about 7-8% in after hours on the initial reaction.
EDIT 4:27 PM – ok the damage has been curtailed a bit as AMZN is now only down ~3% as buyers step in.
EDIT 4:31 PM – Apple's earning missed at $8.67 vs $8,75, revenue more or less in line at $35.97B vs 35.80B.
Any securities mentioned on this page are not held by the author in his personal portfolio. Securities mentioned may or may not be held by the author in the mutual fund he manages, the Paladin Long Short Fund (PALFX). For a list of the aforementioned fund's holdings at the end of the prior quarter, visit the Paladin Funds website at http://www.paladinfunds.com/holdings/blog