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Analyst Interview Excerpt
E-commerce Investment Themes - Hamed Khorsand - BWS Financial, Inc.


Full article published: 10/19/2009


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TWST: Amazon was originally known as an online bookseller, but which other product categories are becoming top sellers for them right now?
Mr. Khorsand: They've become really more than just a bookseller. They've become a seller of anything related to music, movies, jewelry, toys, general merchandise in general. It's now a shopping portal really.

TWST: So what categories would you say they're doing best in?
Mr. Khorsand: Definitely, they're doing very well in the movies and also household sort of products.

TWST: There has been a lot of buzz about the Kindle. Would you talk about the impact that that has actually had on Amazon's top and bottom lines?
Mr. Khorsand: Where Kindle is benefiting Amazon is the average Kindle user purchases an additional two books compared to just a regular book buyer.

 

Tickers included in this excerpt: TGT, WMT

 

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