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This "amazon can't turn a profit" meme needs to die. They take in a ton of money. Just because they immediately turn around and spend it on the next cool proj
by notatoad 13y ago
This "amazon can't turn a profit" meme needs to die. They take in a ton of money. Just because they immediately turn around and spend it on the next cool project they've got happening doesnt mean they are a failing business. If their goal was to make the balance sheet look pretty, they could stop funding the production of original content for a couple of quarters, or stop investing in robotic fulfillment centres, or whatever else they are spending millions on. It would look like a profit then, but where's the fun in that?
- 6cxs2hd6 13y agoProfit is for suckers. They focus on free cash flow. Edit: Link: http://daslee.me/reading-jeff-bezos http://daslee.me/reading-jeff-bezos