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re: AAPL, AMZN earnings...
Posted on 10/26/12 at 3:31 pm to Gujam8
Posted on 10/26/12 at 3:31 pm to Gujam8
Amazon is getting to the point where its almost rare to have a really decent deal there vs locally. The price margin just isnt as big as it used to be. If they start charging sales tax then there isnt much use to use them for goods.
2
Posted on 10/26/12 at 5:24 pm to Catman88
If anyone is interested, Cramer is fixing to discuss the differences between these two stocks on mad money.
Posted on 10/26/12 at 5:55 pm to Catman88
quote:
Amazon is getting to the point where its almost rare to have a really decent deal there vs locally. The price margin just isnt as big as it used to be. If they start charging sales tax then there isnt much use to use them for goods.
Which is what I hit on in my second post. Amazon will lose a huge amount of luster if it sales tax advantage goes away, which seems more likely every year with all the state and local budget crises and basically no one following the use tax rules. Moreover, Best Buy serving as Amazon's showroom never has been fair and is arguably a bad thing long term.
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