Thursday, January 17, 2013

AMZN: Amazon (AMZN) may have seen softer sales in...

7:48 AM Amazon (AMZN) may have seen softer sales in states where it started to collect sales tax, according to analysts. Data dug up by ChannelAdvisor indicates Amazon's sales in California fell well-below the pace of other states starting in November before recovering a bit toward the end of the holiday selling season. What to watch: Amazon reports Q4 earnings on January 29 with a spotlight on if the "tax effect" will be significant to overall results. Read comments

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