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Amazon's net profits increased to $1.17b in 2016 and are likely to stay healthy. So the article is already a bit obsolete. It's not like it isn't onto something
by lazyjones 9y ago
Amazon's net profits increased to $1.17b in 2016 and are likely to stay healthy. So the article is already a bit obsolete. It's not like it isn't onto something, but the ingenious scheme used by evil megacorporations isn't just not posting a profit, but moving that profit to some tax haven to avoid taxation.
- wonder_bread 9y agoThis seemed to be the case but after the recent earnings report Bezos & Co. hinted that they are likely to go back to losing money now. https://techcrunch.com/2017/07/27/it-looks-like-amazon-would-be-losing-a-lot-of-money-if-not-for-aws/ https://techcrunch.com/2017/07/27/it-looks-like-amazon-would...