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Could Amazon and Uber Finally Dethrone FedEx and UPS?
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<blockquote data-quote="FedExRookie" data-source="post: 1251321" data-attributes="member: 44400"><p>Do you know why amazon was able to fulfill all their orders this season, why they have their drone program in the works, why they haven't turned a profit? </p><p></p><p>Amazon is making tons of money, they keep investing any earnings into the company to expand become more efficient. If GAAP and IFRS allowed for R&D to be accounted for differently you would see different numbers from amazon. Amazon built a $20,000 in a $1,000,000 neighborhood. They are now upgrading it to increase its value, they will see the positive equity in a few years.</p></blockquote><p></p>
[QUOTE="FedExRookie, post: 1251321, member: 44400"] Do you know why amazon was able to fulfill all their orders this season, why they have their drone program in the works, why they haven't turned a profit? Amazon is making tons of money, they keep investing any earnings into the company to expand become more efficient. If GAAP and IFRS allowed for R&D to be accounted for differently you would see different numbers from amazon. Amazon built a $20,000 in a $1,000,000 neighborhood. They are now upgrading it to increase its value, they will see the positive equity in a few years. [/QUOTE]
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Could Amazon and Uber Finally Dethrone FedEx and UPS?
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