Amazon Automated Belts On 60 Minutes...UPS Must Be Next

M

MenInBrown

Guest
On the surface
Amazon Stock May Be Up, but the Company Still Doesn’t Make Any Money
That glowing new bestseller, that Friday stock bump, that rosy Christmas outlook—they can’t hide that after 20 years, the company still hasn’t managed to turn a profit. Daniel Gross on whether it ever will.
Amazon.com and Jeff Bezos, its founder and chief executive officer, are having a moment. They are the subject of a new, admiring bestselling book, The Everything Store, by Brad Stone. Bezos just plunked down $250 million to buy The Washington Post.The buoyant stock, up 64 percent in the past year, got a nice jolt on Friday as investors were enthused about its third-quarter results: revenues were up 24 percent from a year ago, and Amazon issued a positive forecast for the Christmas season. The company is killing it in books and retailing goods, has a rapidly growing cloud storage and computing business, and is getting into original content and devices. It sports an impressive market capitalization of about $166 billion.
And yet.
The company, first founded in 1994, still doesn’t make any money. In the third quarter, it reported a $41 million net loss.

http://www.thedailybeast.com/articl...the-company-still-doesn-t-make-any-money.html

On the surface that is true, but if you dig a little deeper into amazon, you see that they are spending their money growing. So they are making money. Actually they make more than UPS. The old saying in business," if you're not growing your losing"? Well they are winning right now
 

Rico

Well-Known Member
They are winning as long as they can continue to sell stock and with it produce cash flow. Sooner or later that train runs out of track.
 
One of the newest semi-automated centers just came online this peak season (Brooklynn-Queens) while another is scheduled to go live next month in Laredo.
 
This is about 1/3 of the way down one of the unload primarys. Each side has 88 bays and is roughly 1000 ft long.



This is looking into the beginning of the south outbounds ( 2 poles over where the ceiling lights are) which are the shorter ones ,only 42 bays per side, but still nearly 600 ft long.

From the primary to the outbound everything is automated.
 
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