Re:The rise of the corporate colossus is a giant problem
by nickpsecurity on Thursday September 15, 2016 @10:38PM
(#12511509)
It's possible. I did a research report on Amazon many years ago since I kept hearing people gripe about them not being profitable. They turned a large enough profit on that year that they could've wiped out all their debt in 1 to 2 years. They could then just keep pulling in profit. It was clear they were instead re-investing all their money back into the company's operations for growth and dominance. They also had this growing business selling computing resources that had taken over a new market with projected long-term potential. ;)
Re:The rise of the corporate colossus is a giant problem
by sharemywin on Thursday September 15, 2016 @04:25PM
(#12509534)
I think AWS is masking the non tech size profits of a bunch of warehouses moving and storing goods.
https://www.google.com/finance?q=NASDAQ%3AAMZN&fstype=ii&ei=...
If I'm wrong and they are still plowing money back into everything and are still throwing off numbers like this (compared to the past) ~ that's simply amazing.
even after thinking through that defense - a 191 P/E is above my understanding. I think their technology and software revenues are seen a hyper growth