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$10B in net income in 2018. I guess it’s not an investor-run charity for consumers anymore [1]. [1] https://slate.com/business/2013/01/amazon-q4-profits-fall-4
by DVassallo 8y ago
$10B in net income in 2018. I guess it’s not an investor-run charity for consumers anymore [1].
[1] https://slate.com/business/2013/01/amazon-q4-profits-fall-45-percent.html https://slate.com/business/2013/01/amazon-q4-profits-fall-45...
- DVassallo 8y agoAlso intesting: AMZN’s net income was 4.3% of sales. For AMZN to reach AAPL’s valuation of 13.5 P/E, AMZN would need to do $1.5 trillion in sales. But if it continues to grow sales at 31%, it should get there by 2025.
- why_only_15 8y agoThat's a crazy pair of facts. Interesting to compare Walmart on this front - its revenue is $500B with growth at 2%, whereas Amazon has sales on the same order of magnitude but growth an order of magnitude higher. I wonder how long this rate of growth is sustainable, both for Amazon and the rest of FAANG. Have there ever been companies this big growing this fast?