Pixel Envy

Written by Nick Heer.

Amazon CFO Tom Szkutak Takes the Fifth

John Koetsier of VentureBeat:

I mean, I’m aware that companies want to release only the information that puts them in the best possible light. And I’m aware that companies don’t want to release information that will be of competitive value rival firms. But as a public company, it’d be nice to see a little more openness from the largest online retailer in the Americas.

I simply don’t understand the disparity in the post-earnings share price performance of Apple and Amazon. Amazon hasn’t shown any respect for their shareholders by hiding this information.