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by davismwfl
3733 days ago
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That's not actually totally true. Amazon is profitable, just with very small margins for the size of revenue they generate. http://www.reuters.com/article/us-amazon-results-idUSKCN0V62... Also, Amazon doesn't focus on quarterly profits, which frustrates the wall street types. That is different then not ever being profitable though. If there were never profitable Amazon would have to be raising more money constantly or slashing costs just to stay in business. Instead, they just run super thin margins and invest pretty heavily in new areas constantly keeping their margins super thin (sometimes negative). |
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