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Could someone explain the math here. So amazon is worth almost 500 times their income!? That doesn't make any sense even if they are growing like crazy and inve
by kisstheblade 8y ago
Could someone explain the math here. So amazon is worth almost 500 times their income!? That doesn't make any sense even if they are growing like crazy and investing their profits or something.
- crispyporkbites 8y agoNet Income, not Income They traditionally operate on low net incomes so they can kill other products with low or negative margins, and own entire categories, instead of wasting funds paying taxes and shareholders.
- justboxing 8y ago> They traditionally operate on low net incomes so they can kill other products Or as Walter White says in Breaking Bad. "Corner the Market, then increase the Price. Basic Economics."
- hcnews 8y agoAmazon has historically been evaluated against their revenue instead of income.