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re: WSJ - Amazon is about to announce their own smartphone
Posted on 4/11/14 at 7:28 pm to Chris Farley
Posted on 4/11/14 at 7:28 pm to Chris Farley
quote:
Is my sarcasm meter broken? They're a publicly traded company, they care about profits.
Yes they are publicly traded but they do not care about profits. They are really the only company I can ever think of that has had hypergrowth for 20 years and never turned a profit. ALL they care about it growth.
2
Posted on 4/11/14 at 7:31 pm to Cs
Will this be carrier subsidized? Can I get it unlocked? Will keep tabs on this as I look for a new phone in the coming months.
Posted on 4/11/14 at 7:31 pm to xXLSUXx
quote:
Will this be carrier subsidized?
Probably
quote:
Can I get it unlocked?
Probably
Posted on 4/11/14 at 8:05 pm to lsu480
quote:
Yes they are publicly traded but they do not care about profits. They are really the only company I can ever think of that has had hypergrowth for 20 years and never turned a profit. ALL they care about it growth.
Yea I think he misunderstood what you were saying. Amazon could turn a huge profit if they wanted to. However, like you mentioned, they chose to reinvest 99% of their profits into growth and development.
It's why they're gonna rule the world one day.
Posted on 4/11/14 at 8:06 pm to Cs
Pretty soon everything will be owned/made by Google and Amazon.
Posted on 4/11/14 at 8:14 pm to Cs
Will it fly in like their prime drone? Wait that was a stunt too.
Posted on 4/11/14 at 8:33 pm to FootballNostradamus
quote:
Yea I think he misunderstood what you were saying. Amazon could turn a huge profit if they wanted to. However, like you mentioned, they chose to reinvest 99% of their profits into growth and development.
That's how the majority of growing tech companies work. Apple didn't start paying a dividend until fairly recently. 50 of the 100 Nasdaq stocks don't pay any either.
Posted on 4/11/14 at 10:14 pm to Chris Farley
quote:
That's how the majority of growing tech companies work. Apple didn't start paying a dividend until fairly recently. 50 of the 100 Nasdaq stocks don't pay any either.
True, but Amazon is a bit of an extreme. Their P/E ratio right now is so ridiculous it's hard to even evaluate them like a traditional stock.
Posted on 4/11/14 at 10:24 pm to lsu480
quote:
hey are publicly traded but they do not care about profits. They are really the only company I can ever think of that has had hypergrowth for 20 years and never turned a profit. ALL they care about it growth.
100% truth. bezos just unloads that stock
they lose so much frickin money on prime
Posted on 4/11/14 at 10:25 pm to Henry Jones Jr
quote:
Pretty soon everything will be owned/made by Google and Amazon.
we'll see. they always have "unbeatable" companies and they always get toppled
shite, IBM was the computer guru at one point. now i cant even tell you what the frick ibm stands for. apple had its time and now it's falling off
Posted on 4/11/14 at 11:03 pm to Cs
Can I get it online anywhere?
Posted on 4/12/14 at 12:00 am to Carson123987
quote:
they lose so much frickin money on prime
They net over $70 more annually per prime user compared to non-prime users.
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