4 ms·
Eh that's pretty common in the US too, the usual explanation being that they're reinvesting their income in growth. For example Amazon typically trades at multi
by _delirium 12y ago
Eh that's pretty common in the US too, the usual explanation being that they're reinvesting their income in growth. For example Amazon typically trades at multiples of 700x earnings or more. In Amazon's case they claim that they could make a bigger profit if they wanted to, and investors appear to believe it.
- jacquesm 12y agoTech scales a lot easier than ketchup or school uniforms.
- toomuchtodo 12y agoYes. Tech has leverage like no other industry.
- thewarrior 12y agoYes. And it won't last. Either Amazon gets bigger or the stock price comes down.