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manigandham
2728 days ago
Low single digits is fine when you're among the biggest companies on the planet. We're talking about 10s of billions in profit. Amazon is now getting into the space and is a strong contender to become #3 biggest player.
2 comments
disishhsha
2727 days ago
Low single digit growth does not justify a high PE ratio.
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village-idiot
2728 days ago
Size is not insurance against failure. Go ask Novell.
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manigandham
2727 days ago
Nobody is claiming that it is. The point is that single-digit growth is fine when you're big because they are percentages.
The 1000% growth when you're a startup does not exist when you're worth half a trillion.
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village-idiot
2727 days ago
True, it just depends how fast your next competitor is growing.
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