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The most surprising thing about Amazon lately is that it suddenly is showing some profits. Normally, Bezos has every single dollar that looks like it might be a
by mabbo 9y ago
The most surprising thing about Amazon lately is that it suddenly is showing some profits. Normally, Bezos has every single dollar that looks like it might be a profit re-invested in something or other.
- quuquuquu 9y agoMaybe he wants to prop up that share price so he can become the world's richest man again :) Amazon is expanding really heavily into so many verticals. It is crazy to see. I don't think they will stop the spending, but maybe they felt like showing a small profit for some kind of "investor confidence" strategy :)
- mabbo 9y agoYou have it backwards- he only became the world's richest man by showing those profits. Something like 7 or 8 quarters in a row with profits is very weird for the company.