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That $3.4 billion puts their net income negative for the year negative.
by Veelox 9y ago
That $3.4 billion puts their net income negative for the year negative.
- mikeyouse 9y agoRight, but net income is a fiction to begin with. It has almost nothing to do with a company's actual health. Last year was the first year that Amazon ever showed a NI over a few hundred million (for most of their life, it's been negative). https://a16z.com/2014/09/05/why-amazon-has-no-profits-and-why-it-works/ https://a16z.com/2014/09/05/why-amazon-has-no-profits-and-wh...