Re:Amazon Is Now Worth More Than Wal-Mart
by fahim305 on Friday July 24, 2015 @03:59PM
(#9944771)
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
[ Parent
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Let me know when they can shuffle the books and make 16 billion fall out and I'll stop laughing.