Seeking Alpha Seeking Alpha Portfolio App for iPad  Amazon
(AMZN) is an extremely controversial stock to investors. The
earnings have been disappointing over the last several years,
but analysts are universally bullish on the potential. Here, I
would like to analyze several bullish arguments to see if they
are valid.  1. Amazon's international sales will accelerate and
its margin will improve.  China is the second largest e-commerce
market outside the United States. After eight years and hundreds
of millions of dollars spent, Amazon still accounts for less
than 1% of the Chinese market. The retail business is fiercely
competitive in China, and the margin is even lower than in the
United States. The high-margin items, like e-books or songs, for
Amazon in the United States are not selling well in China. Most
people can get those items for free or at very low prices (the
average price for an e-book is $0.20). Despite heavy investments
in China, it is difficult for Amazon to become a significant
player. Alibaba c