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Share price doesn't dictate how much money they have. Amazon makes buttloads of money; they just choose to use it rather than give it back as dividends.
by s73ver_ 9y ago
Share price doesn't dictate how much money they have. Amazon makes buttloads of money; they just choose to use it rather than give it back as dividends.
- piker 9y agoNo. That wasn't implied either. Conversely, net profits do tend to be a positive indicator of share price. It's also incorrect to say that AMZN "makes buttloads of money", with sub-1 EPS[1] at a nearly $1,000 share price. [1] https://finance.google.co.uk/finance?q=NASDAQ%3AAMZN&fstype=ii&ei=2ZTDWZmnGsPDUbL9orAP https://finance.google.co.uk/finance?q=NASDAQ%3AAMZN&fstype=...
- s73ver_ 9y agoJust shy of $38 billion in one quarter revenue is "Buttloads of money". I wasn't necessarily relating it to the share price.