Hacker News new | ask | show | jobs
by fahim305 3990 days ago
profit is irrelevant. their capex is $1B-$2B per quarter. they could lower their capex at any point and show a few hundred million dollars net earnings. the point is that they are as big as they are and continue to invest in the future, and hence the insane p/e ratio and stock price
1 comments

Let me know when they can shuffle the books and make 16 billion fall out and I'll stop laughing.
On first read I thought you meant a giant warehouse robot shuffling books like a deck of cards.

Let me know when they can do that too.