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Old 12-31-2011, 09:20 AM   #1
mohambpbn1
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Default Amazon shares dip on growth concerns (Reuters)

(Reuters) &ndash; Amazon.com Inc shares slid 3.3 percent on Thursday as a research note by Goldman Sachs suggested that the online retailer's sales growth in the current holiday quarter could miss Wall Street expectations. Goldman in a note from Wednesday said Amazon has <a href="http://www.womenfashionbag.com/gucci-comestic-case-sand-p-19968.html"><strong>chanel bags ebay</strong></a> typically bested overall online sales growth by 23 points. That would suggest a 38 percent jump this season, below the 40 percent <a href="http://www.womenfashionbag.com/hermes-kelly-bag-blak-p-18366.html"><strong>birken bags</strong></a> increase Wall Street expects Goldman wrote. Earlier this week, data firm comScore said U.S. e-commerce sales in the first 8 weeks of the November and December holiday season rose 15 percent compared to the year-earlier period. Shares of Amazon were down $5.71 to $168.18 in early trading. Separately, Amazon said on Thursday it has sold more <a href="http://www.womenfashionbag.com/monogram-scuba-mmorange-p-18850.html"><strong>lv auction</strong></a> than 1 million Kindle e-reader and tablet devices per week this month. (Reporting By Phil Wahba; editing by Mark Porter)
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