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Wow! Thanks for the article and the explanation. Makes sense now. P.S. If you see this, how different is Amazon? Isn't Amazon also losing millions of $, yet th
by sean_patel 10y ago
Wow! Thanks for the article and the explanation. Makes sense now.
P.S. If you see this, how different is Amazon? Isn't Amazon also losing millions of $, yet their stock is soaring to all times high?
- douche 10y agoAs I understand it, Amazon's MO has been ploughing all of their profits into capex to expand their infrastructure, so they don't show much profit, despite continually increasing their revenue.
- shostack 10y agoThe other key piece is that Amazon's infrastructure investments often double as product R&D since their business increasingly shifts to selling access to their infrastructure vs selling products directly to consumers.