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Amazon is, or was until very recently, running at a loss. Most companies can't afford to do that for long.
by ConceptJunkie 9y ago
Amazon is, or was until very recently, running at a loss. Most companies can't afford to do that for long.
- jazoom 9y agoThis behaviour is illegal in Australia and many retailers still manage to make a profit.
- hidenotslide 9y agoDepends how you define loss, a lot of people would disagree with you. They have had significant positive free cash flow for a long time, over a decade at least.[1] But since they reinvest the profits this becomes low net income. [1] https://ycharts.com/companies/AMZN/free_cash_flow https://ycharts.com/companies/AMZN/free_cash_flow
- skellera 9y agohttps://www.recode.net/2018/2/1/16961598/amazon-jeff-bezos-record-profit-11-quarter-q4-2017-earnings https://www.recode.net/2018/2/1/16961598/amazon-jeff-bezos-r...