News for hackers. Stuff that matters.
Re:Amazon’s Shrinking Profit Sets Off a Seismic Shock to Its... by fletchowns on Friday April 25, 2014 @05:39PM (#7649182)
So revenue is growing but they have an operating loss because of a lot of investments. Isn't this a good thing that should cause people to want to buy more Amazon stock?
Re:Amazon’s Shrinking Profit Sets Off a Seismic Shock to Its... by tdees40 on Friday April 25, 2014 @06:14PM (#7649362)
Investments get booked as assets, so they have no impact on profits. This mistake gets made frequently with respect to Amazon.
Re:Amazon’s Shrinking Profit Sets Off a Seismic Shock to Its... by eigenvalue on Friday April 25, 2014 @07:11PM (#7649660)
Many assets have a useful life and must be depreciated, which certainly does reduce accounting profits.
Re:Amazon’s Shrinking Profit Sets Off a Seismic Shock to Its... by tdees40 on Friday April 25, 2014 @08:09PM (#7649859)
Sure, but I don't think that's what most people are thinking about here.
Re:Amazon’s Shrinking Profit Sets Off a Seismic Shock to Its... by jeffers_hanging on Friday April 25, 2014 @05:48PM (#7649221)
Figures would look even worse but selling Korean unit exception padded result.