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In fact, how bad they are doing would be an asset-- "We're running as big a loss as we can so we can grow as fast as we can!" -- I think Amazon is still using t
by nirvana 14y ago
In fact, how bad they are doing would be an asset-- "We're running as big a loss as we can so we can grow as fast as we can!" -- I think Amazon is still using that line. (though they are growing fast.)
- wtvanhest 14y agoThey also are not running a loss.
- microtherion 14y agoTrue, they are not, but I recently came across this rather stunning plot: http://www.mondaynote.com/wp-content/uploads/2012/05/Amazon-Revenue-and-Earnings.png http://www.mondaynote.com/wp-content/uploads/2012/05/Amazon-... Does this look like a hugely profitable company to you?
- wtvanhest 14y agoI don't think a graph that shows what an income statement of a high growth company always looks like should be considered "stunning". [Apple will be an exception here, but they are a very rare case, almost every other growth company looks like Amazon].
- bri3d 14y agoThey're not operating at a loss, so I'm not sure how they're using that line. I totally see your point (and agree) but there's an important distinction to make in Amazon's case, because there's a big difference between aggressively re-investing your profits into growth and aggressively burning other people's money to grow.