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I was referring to the fact that, despite soaring revenues, Amazon is basically running a break-even business and its shareholders are consistently OK with this
by dionidium 13y ago
I was referring to the fact that, despite soaring revenues, Amazon is basically running a break-even business and its shareholders are consistently OK with this (i.e. they aren't demanding that Amazon try harder to turn revenue into profit).
This, plus great customer service and extremely popular/convenient services like Prime are probably the actual reason that Amazon is beating everyone else. The guy I was responding to is bringing his established beliefs about fair labor to a story that isn't about that, in other words.
See here: http://www.businessinsider.com/chart-of-the-day-a-long-view-of-amazons-profits-2013-8 http://www.businessinsider.com/chart-of-the-day-a-long-view-...