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Amazon Confirms Bad News

Ball point pen on today’s newsprint

Despite earning warnings, investors pushed Amazon to a new high this month. It turns out the warnings were justified. Amazon’s earnings dipped in the third quarter, the stock fell by $25.00 in one day shaving $16 billion from it’s market cap.  Ouch.

 

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Jeffery Bezos

Ball point pen on the morning newsprint

I hate the idea of reading on a Kindle. putting aside the complex issues surrounding the death of print…. What about the fact that you can’t doodle on it?! The doodler’s demographic slighted again. Amazon’s CEO Jeffery Bezos announced it’s device is going global with wireless downloads available in more than a hundred countries….ugh.