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re: Bill Gates is the richest man in the world again
Posted on 7/27/17 at 4:00 pm to CAD703X
Posted on 7/27/17 at 4:00 pm to CAD703X
quote:They had a big miss on their earnings today, and they still made 200 million dollars. They've had net earnings of almost 3.3 billion since the beginning of last year.
thats not how it works. his wealth is intrinsically tied to stock, not company profits.
quote:They've posted net earnings every quarter since Q4 of 2014. Obviously the margins are slim (1 or 2 percent), but they are growing quickly and consistently making a profit.
if amazon started making a profit due to market saturation instead of growth,
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