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From speaking with internal Amazon employees, their total profit is negative because they invest more money into expansion than they are taking in. They make a
by livingparadox 10y ago
From speaking with internal Amazon employees, their total profit is negative because they invest more money into expansion than they are taking in. They make an incredible amount of money and likely would be turning a profit if not for the extensive investments. But as it stands, expenses (including expansion costs) outstrip revenue, thus profit is negative.
- tracker1 10y agoWhich is fine, so long as growth exceeds your debt-load. As it stands, it's one of two ways corporations should work. Either reinvest, or give out dividends... holding on to more money than your operational costs and/or shifting them to overseas subsidiaries to avoid taxes doesn't help the economy, or the communities the corporation services. I'm okay with either disbursement or reinvestment/expansion/research. Those both grow communities/economies.