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Amazon appears to be able to ramp of profit at will via controlling expenditures and promotions. Review this years numbers vs the prior years. I think they want
by redorb 10y ago
Amazon appears to be able to ramp of profit at will via controlling expenditures and promotions. Review this years numbers vs the prior years. I think they wanted to show a investor what it looks like when they 'wanted' to turn a profit instead of plowing money back into everything imaginable.
https://www.google.com/finance?q=NASDAQ%3AAMZN&fstype=ii&ei=UvbaV-HHMdihjAH0qojYBw https://www.google.com/finance?q=NASDAQ%3AAMZN&fstype=ii&ei=...
If I'm wrong and they are still plowing money back into everything and are still throwing off numbers like this (compared to the past) ~ that's simply amazing.
even after thinking through that defense - a 191 P/E is above my understanding. I think their technology and software revenues are seen a hyper growth
- sharemywin 10y agoI think AWS is masking the non tech size profits of a bunch of warehouses moving and storing goods.
- nickpsecurity 10y agoIt's possible. I did a research report on Amazon many years ago since I kept hearing people gripe about them not being profitable. They turned a large enough profit on that year that they could've wiped out all their debt in 1 to 2 years. They could then just keep pulling in profit. It was clear they were instead re-investing all their money back into the company's operations for growth and dominance. They also had this growing business selling computing resources that had taken over a new market with projected long-term potential. ;)