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You leave out the fact that they reached profitability years before their business plan called for it, showing excellent and stable growth.
by burnte 12y ago
You leave out the fact that they reached profitability years before their business plan called for it, showing excellent and stable growth.
- adventured 12y agoThe fact that their net income imploded so dramatically rather proves the lack of stability. You'll forgive me if I don't trust in the judgment of a business plan built on losing money for two or three decades. They can be a good company, grow to X hundred billion in sales, struggle to ever make money, and that's all perfectly fine - but it doesn't mean they deserve a hyper valuation. Target trades at a mere $38b valuation, and they only generated $8b in net income the past three years.
- TheMagicHorsey 12y agoDude, I don't think the Target comparison is apt. People say the enterprise cloud market is a Trillion dollar opportunity world wide in the next decade. A Trillion dollars up for grabs, and Amazon has a healthy lead in the segment. When you go to an AWS event the thing that stands out is the number of consulting and service companies that offer integration/application services to enterprises based wholly on AWS. I've been to Google Cloud events and its not even in the same ballpark as AWS. The Amazon lead is huge. I think Amazon is still a good buy.