Re:Why I don't believe in Uber's Success
by mcguire on Thursday January 19, 2017 @03:12PM
(#13439092)
In 2015, Amazon made $596,000,000 on revenues of $107,006,000,000, or a profit margin of 0.6%. In 2012 and 2014, it lost money. How long should investors wait to see a real profit? Should they expect revenue growth to continue indefinitely?
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Re:Why I don't believe in Uber's Success
by jrockway on Thursday January 19, 2017 @08:41PM
(#13441123)
How much profit should they make?
If there was a machine where you could insert a 20 dollar bill and it spit out the 20 and an additional 12 cents, would you not use that machine?
How much would you pay to buy one?
Re:Why I don't believe in Uber's Success
by DontGiveTwoFlux on Friday January 20, 2017 @12:27AM
(#13441886)
Except that if you buy the Berkshire Hathaway machine you'll put in $20 and get back a dollar.