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The chart you posted was about revenues not profits. Same argument applies to Amazon also but they are at least making some profit. The strategy of pursuing rev
by barista 14y ago
The chart you posted was about revenues not profits. Same argument applies to Amazon also but they are at least making some profit. The strategy of pursuing revenue and growth only makes sense for so long. At some point you have to cash that user base and make money.
- absconditus 14y agoThe chart is about revenue because, as I stated, they are clearly not pursuing profit. I suggest viewing a 10-year graph of their share price to see what investors think of this strategy.