Amazon valuation tops Google's, baffles some

Iria · Jun 15, 2007, 09:24 PM

Source: News.com
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Two months after Amazon.com posted first-quarter results that gave a boost to bulls anxious for a sign of improved earnings and profit margins, the online retailer's valuation is soaring--and perplexing many.

Trading at 53 times expected 2008 earnings, Amazon's valuation is more double that of Google and eBay, and nearly twice that of Apple.

Jun 15, 2007, 09:24 PM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 89	Amazon valuation tops Google's, baffles some Source: News.com ______ Two months after Amazon.com posted first-quarter results that gave a boost to bulls anxious for a sign of improved earnings and profit margins, the online retailer's valuation is soaring--and perplexing many. Trading at 53 times expected 2008 earnings, Amazon's valuation is more double that of Google and eBay, and nearly twice that of Apple.