Is UPS' Business About to Fall Off a Cliff? - Motley Fool
In UPS' annual 10-K filing for 2015, the company states that "no single customer accounts for 10% or more of our consolidated revenue" and that therefore "we do not believe that the loss of any single customer would materially impair our overall financial condition or results of operations." Nonetheless, a number of UPS investors have become rather concerned about the prospect that Amazon.com could reduce its reliance on UPS, with the former seemingly focused on increasing its in-house shipping capabilities, which could mean its demand for UPS' services will decline. Should investors really be worried?
In UPS' annual 10-K filing for 2015, the company states that "no single customer accounts for 10% or more of our consolidated revenue" and that therefore "we do not believe that the loss of any single customer would materially impair our overall financial condition or results of operations." Nonetheless, a number of UPS investors have become rather concerned about the prospect that Amazon.com could reduce its reliance on UPS, with the former seemingly focused on increasing its in-house shipping capabilities, which could mean its demand for UPS' services will decline. Should investors really be worried?
