4 ms·

How much profit does Amazon show?

• pmiller2 7y ago
  Amazon has demonstrated its ability to show a profit. Uber and Lyft have not.
  • spraak 7y ago
    If the acronym is only about profit then it is both misused and excludes other obvious companies like Microsoft.
    • pmiller2 7y ago
      It’s not entirely about profit, but I would argue you have to show a profit, or, demonstrate you could show a profit like Amazon has, to be considered a “top company” in any sense.
    • qes 7y ago
      How does it exclude Microsoft, who reported $8.4 billion net income for Q2 2019?
• hn_throwaway_99 7y ago
  Amazon made $2.62 billion in the last quarter, and $3.5 billion the quarter before that. Amazon makes a ton of money, and (quite transparently I might add) they plow a lot of their earnings from some of their businesses into investing into their other businesses, which is what most investors want. This is completely different from Uber and Lyft, where it's not clear that their profit potential supports their current valuations.