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It’s due to the fact that any ounce of profit they would have they instead re-invest into the business. Which, by the way, is (part of) why they’re so dominant
by austenallred 8y ago
It’s due to the fact that any ounce of profit they would have they instead re-invest into the business.
Which, by the way, is (part of) why they’re so dominant.
- ryandrake 8y agoAnother chart showing what Amazon has been doing: https://infographic.statista.com/normal/chartoftheday_4298_amazons_long_term_growth_n.jpg https://infographic.statista.com/normal/chartoftheday_4298_a... Net income doesn’t do that naturally or by accident.
- ams6110 8y agoAgree, and in any other situation we'd be praising this. They're investing in the future, looking beyond the next quarter, etc.
- ionised 8y agoInvesting in the future is great. Doing so while exploiting workers and dubious tax arrangements is not.