the most important fact in the article is that Amazon at last showed a profit. Unlike Walmart, Amazon is a profitless company
the most important fact in the article is that Amazon at last showed a profit. Unlike Walmart, Amazon is a profitless company
As a social phenomenon, and as a convenience, Amazon is revolutionary.
However, I (and many others, but clearly not everyone, invest with the idea of increasing the value of my investment. Amazon is the epitome of the greater fool theory.
$85 bucks price jump in after-hours trading on a (finally!) 19 CENT quarterly profit? I know of no financial theory that can explain this. Where's the downstream payment? No one will buy them out. Are their margins going to improve dramatically? Not likely with all the competition out there. I don't get it. Wish I did.
That’s a sign that their revenue growth really was unexpected. They run at “no profit” because they reinvest everything, growing the company. So this time they didn’t actually have a plan for spending that much money. But don’t worry, they’ll spend it next quarter.