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Amazon still doesn't turn a profit. Neither does Salesforce. Their measures are pure revenue / growth.
by kingnothing 10y ago
Amazon still doesn't turn a profit. Neither does Salesforce. Their measures are pure revenue / growth.
- eye2sky 10y agoNot true. AMZN had positive net income for the last 4 fiscal quarters. Also for fiscal 2015, and fiscal 2013 (but not 2014). http://finance.yahoo.com/q/is?s=AMZN http://finance.yahoo.com/q/is?s=AMZN
- nickpsecurity 10y agoThey actually alternative between being profitable and not being profitable. See this graph: https://ycharts.com/companies/AMZN/net_income https://ycharts.com/companies/AMZN/net_income Growth is their priority. Yet, they make sure they have plenty money coming in to keep everyone paid, invest back in business, and have a pile of profit on occasion. Years ago, I did a research report on them. Back then, they were making a significant profit with just $200 mil in debt or so. They could've paid off total debt in just a few years if they paused to maintain the profit. They killed the profit on purpose to expand the then-new AWS. Smart decision. :)