Amazon, has returned less in profits in its 17-year life as a public company than cloud competitors ... earn in a single quarter. If Wall Street grows tired of Amazon’s continued losses, it could also pinch A.W.S.
The share price two years ago was 250. Today 320. Ok the peak was 408 but that is still pretty good.
"> Amazon, has returned less in profits in its 17-year life as a public company than cloud competitors ... earn in a single quarter."
Another way of writing this is, "Amazon has focussed on continual growth over the last 17 years, and had demonstrated that is willing to put all of it's assets, revenue, and cash to chasing that growth. It's public cloud competitors, hamstrung by the expectations of wall-street, are unable to provide that same level of focus, and must instead return profits to shareholders in the form of share buybacks, and dividends - restrictions that Amazon has so far been able to avoid."
Amazon is a ruthless, relentless company. They certainly aren't taking those profits and sending them to their employees/executives in the form of perks and boondoggles. Everything they do is to pursue growth, at any costs.
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The share price two years ago was 250. Today 320. Ok the peak was 408 but that is still pretty good.
Over the 17 years it has gone from 1 to 320.
I'm still calling Hold / Buy
"> Amazon, has returned less in profits in its 17-year life as a public company than cloud competitors ... earn in a single quarter."
Another way of writing this is, "Amazon has focussed on continual growth over the last 17 years, and had demonstrated that is willing to put all of it's assets, revenue, and cash to chasing that growth. It's public cloud competitors, hamstrung by the expectations of wall-street, are unable to provide that same level of focus, and must instead return profits to shareholders in the form of share buybacks, and dividends - restrictions that Amazon has so far been able to avoid."
Amazon is a ruthless, relentless company. They certainly aren't taking those profits and sending them to their employees/executives in the form of perks and boondoggles. Everything they do is to pursue growth, at any costs.
Or, as Peter Drucker noted : "the only valid purpose of a firm is to create a customer"