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Amazon still not making money.
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<blockquote data-quote="BrownArmy" data-source="post: 1371188" data-attributes="member: 18225"><p>Yah, I'm not sure Amazon is ready/willing to post a profit yet.</p><p></p><p>The stockholders (so far) are willing to go along with the Bezos' vision of '<em>pump all profits into building up the infrastructure until we dominate everything' </em>model of doing business.</p><p></p><p>It's refreshing to see a company play the long game. The general quarterly stockholder orgy of wanting immediate profits, long-term be damned, is a sort of sickness in our financial system.</p><p></p><p>Let's see...Amazon owns all their warehouses and the land those buildings sit on, they have zero debt, they make gobs of money yet plow it all back into the company...sound like any company you've heard of?</p></blockquote><p></p>
[QUOTE="BrownArmy, post: 1371188, member: 18225"] Yah, I'm not sure Amazon is ready/willing to post a profit yet. The stockholders (so far) are willing to go along with the Bezos' vision of '[I]pump all profits into building up the infrastructure until we dominate everything' [/I]model of doing business. It's refreshing to see a company play the long game. The general quarterly stockholder orgy of wanting immediate profits, long-term be damned, is a sort of sickness in our financial system. Let's see...Amazon owns all their warehouses and the land those buildings sit on, they have zero debt, they make gobs of money yet plow it all back into the company...sound like any company you've heard of? [/QUOTE]
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