3 ms·
People were also skeptical about Facebook turning a profit and have a PE less than 100. Now Facebook is literally printing 2B per quarter with a more sane PE (~
by dreaminvm 10y ago
People were also skeptical about Facebook turning a profit and have a PE less than 100. Now Facebook is literally printing 2B per quarter with a more sane PE (~60) as growth continues to accelerate.
Only time will tell, but if Amazon continues bring users into their Prime ecosystem and AWS maintains its position, there's plenty of room to increase profits.