Amazon's earnings included a negative number, but the company said it doesn't matter (AMZN)
- Amazon's fourth-quarter earnings release included a physical-store sales number that confused some observers.
- Sales were down 3% compared to the year prior, which included most Whole Foods sales.
- Amazon explained that last year's fourth quarter had five additional days of sales. Plus, Amazon has moved Whole Foods sales that start online — for delivery via Prime Now, for example — to its online stores category.
- It remains to be seen how sales from physical stores will fit into Amazon's broader strategy. Читать дальше...