ST Alpha - "Isn't Amazon a publicly traded company? If they're so vague about their sales of the Kindle, don't they have records showing what they've sold?" (Reading a Post)

SlickerTalk
Search Archives
The Leaderboard
The FAQ

Down to Post

Backboards:

Posts: 157

Isn't Amazon a publicly traded company? If they're so vague about their sales of the Kindle, don't they have records showing what they've sold?

Posted by JaxSean (aka JaxSean) Dec 14 '10, 05:59

I'm probably naive about this, but don't they have to have audits showing what they've sold, accounting-wise?

Responses:

they've never released hard sales numbers on the kindle. and i don't believe there's anything in quarterly reports that dictates they'd have to....nm - x Dec 14, 06:06 18
- It just seems odd that a company can do that. It's like Ford saying "Our top seller is the Ford Fiesta!" -- nm - JaxSean Dec 14, 06:10 17
  - It would be odd if that's all they sold, but with literally millions of items generating revenue it's not practical to specify individual items -- nm - decline Dec 14, 06:11 16
    - Well, they have to specify where their revenues are coming from, don't they? - JaxSean Dec 14, 06:15 2
      - sure. 'Net Sales' where $7.56B 10K is a consolidated statement. Their annual report may contain a bit more details (like revenue from subsidiaries and - decline Dec 14, 06:22
      - i'm no balance sheet expert, but i don't think a 10-k or 10-q requires this. probably it all just goes under retail revenue.....nm - x Dec 14, 06:19
    - yeah, i think it would get pretty ugly if amazon had to report hard numbers on each individual item they sold during the course of the year....nm - x Dec 14, 06:14 12
      - Why should Kindle be singled out from among all their products for concern? - TWuG Dec 14, 06:19 11
        
        Well, people are concerned because there's a supposed e-reader war going on. -- nm - Ender Dec 14, 06:30
        
        mainly because they use the lack of hard numbers for their own "fastest selling device" bullshit marketing hype.... - x Dec 14, 06:25 6
        
        especially when the real numbers that have been seen, about the number of titles sold compared to actual books, are already bs. -- nm - TFox Dec 14, 06:45 2
        
        right. there's no reason to buy into any of this pap. it's all just marketing from a corporation looking to push the market the way they want it to... - x Dec 14, 06:49 1
        
        The Chevy Volt: The Best Selling Car in America! -- nm - Chevrolet Dec 14, 06:51
        
        Sue them for false advertising and get the numbers in discovery -- nm - kilbowl full of jelly Dec 14, 06:26 2
        
        i don't have any interest in suing. i just treat their marketing pronouncements like the horsehit they are... - x Dec 14, 06:28 1
        
        scales. off! -- nm - kilbowl full of jelly Dec 14, 06:30
        
        I don't know that people are concerned. I'd like to think that when a company (or any entity) makes a statement based on facts, it can be documented. - JaxSean Dec 14, 06:25 2
        
        When I hear "#1 seller" I always wonder what the qualifier is. Maybe the Ford Fiesta is the #1 seller "to men named Larry, on Tuesdays, in March, at - TWuG Dec 14, 06:40
        
        Preach on, brother! -- nm - Julian Assange Dec 14, 06:26
You can be pretty vague about stuff in public disclosures -- nm - decline Dec 14, 06:05
Their annual reports are online and interestingly, they lost 849 million in shipping costs in 2009 -- nm - kilbowl full of jelly Dec 14, 06:03 3
- What I would love to see is their IT budget and infrastruction (it must be massive). Did you see this -- (link) - decline Dec 14, 06:18 2
  - Best AWS/EC2 commercial ever :). What's even dumber is LOIC doesn't even try to hide the attackers IP so you're basically shouting out - kilbowl full of jelly Dec 14, 06:21 1
    - They must have some serious eggheads working over there. It's a thing of beauty -- nm - decline Dec 14, 06:23

Post a message top

Isn't Amazon a publicly traded company? If they're so vague about their sales of the Kindle, don't they have records showing what they've sold?

Replies are disabled on threads older than 7 days.