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No. 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 buttload
by piker 9y ago
No. 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.