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July 25, 2014
"Volume!"
This year, Amazon spent $19.4 billion from April through June to generate $19.3 billion, resulting in a not a entirely unexpected loss. Analysts had predicted the company would not turn a profit in the quarter. The only surprise was how much of a loss — more than had been anticipated. Amazon Is Unprofitable — and It's Completely on PurposePosted by gerardvanderleun at July 25, 2014 2:14 PM. This is an entry on the sideblog of American Digest: Check it out.
Your Say
Reverse money.
If you don't spend it they will take it.
Who would you rather have your money, the free market or gov't thugs?
Foil the thieves, make em eat their own shit.
Posted by: ghostsniper ![[TypeKey Profile Page]](http://americandigest.org/sidelines/nav-commenters.gif)
at July 25, 2014 2:37 PM
They are after cash flow, not net assets. That's the indicator used when they want to sell the company.
Posted by: chasmatic at July 26, 2014 8:35 AM
Let's compare today's to their balance sheet 3-5 years from now, then decide whether they made the right moves.
Posted by: BillH at July 26, 2014 9:40 AM
Bill: You're correct, the long game is for any company pushing around billions. Assuming the world as we know it is here in five years, Amazon will own a big piece of it, along with Google, Microsoft, Apple. All the corporations with a software base. The numbers are deceiving and presented to us out of context. This appears to be a calculated move and the motives can only be guessed at.
Posted by: chasmatic at July 26, 2014 10:53 PM