Amazon's (NASDAQ: AMZN) stock price tumbled 13% during after-hours trading on Thursday, Oct. 27, after the e-commerce and cloud giant posted its third-quarter earnings report. Its revenue rose 15% year over year (and grew 19% in constant currency terms) to $127.1 billion, but that total missed analysts' estimates by $370 million. Its net income fell 9% to $2.9 billion, or $0.28 per share, which still cleared the consensus forecast by seven cents.
Amazon's numbers weren't terrible, but is its stock worth buying in this rough market for tech stocks? Let's review what the bears and bulls likely saw in Amazon's latest report.
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