50 Quotes by Safa Rashtchy
- Author Safa Rashtchy
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When Microsoft came out with IE there was barely anything else available and IE was good enough for newcomers.
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While this may be a slower increase than we saw in 2005, this takes Amazon further away, not closer, to its goal of double-digit margins.
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We also expect more spending on search advertising. On top of these broader economic sectors, we expect the Internet companies, in particular e-commerce players, will increase their spending noticeably. These trends together will bring more maturity to the online advertising sector in China.
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With growth pushed off until 2007 and beyond, we would not be active buyers yet but rather look for potential catalysts over the next year.
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To me, it was a very solid quarter. I'm not disappointed at all. We knew the point would come when operations would match expectations.
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Competition is seriously hurting Amazon and it needs to increase spending just to keep up with the market. The picture is getting worse: more spending, steeper decline in margins.
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Crossing the 50-percent threshold on broadband usage, increasing focus of traditional media companies on Internet, and most importantly, the gradual but profound change in consumers' behavior for content consumption is pushing many more advertisers to allocate more dollars online at the expense of traditional media.
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The second quarter got our hopes higher for margins, which came in significantly lower than we were expecting,
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People expect these companies to beat the numbers,
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