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Amazon has not operated at a loss since 2001. They've had positive free cash flow every year since then.
by take4 9y ago
Amazon has not operated at a loss since 2001. They've had positive free cash flow every year since then.
- azemetre 9y agoApparently people (the investor class) are upset that a company has the audacity to the invest in itself rather than pay out dividends. The absolute horror.
- dpark 9y agoMost actual investors in Amazon were never upset by this. They bought with the full knowledge that Bezos was playing a long game.
- kevin_b_er 9y agoThey also fended off any sort of corporate raiders/vulture capitalists who could leverage a billion in debt, buy it out, take it private, then strip it of assets.
- maxerickson 9y agoGrowing tech companies have never really been expected to pump out dividends. Microsoft didn't pay one until 2003, when it was 28 years old and sitting on $43 billion in cash (and then it declared an annual dividend totalling less than $1 billion).