Strangely, Amazon investors want to see profits now

[Pekelo]

After 18 years of losses, what has changed? I thought growth was everything. And drones and new phones and apps. Who cares about profits when the smartest man is at the wheel???

Stock is down 11% after yesterday's earnings...

http://www.telegraph.co.uk/finance/.../10990659/Will-Amazon-ever-be-profitable.html

 

[tom_czr]

"The losses in the last quarter were caused by investments in cloud computing, warehouses and technology such as the new Fire smartphone."

I will look into it, possible opportunity to buy

 

[actionzip54]

Amzn is close to worthless. I'm sure there is some parts of it that is possibly a viable business but most of it is not.

 

[Pekelo]

"According to Thomson Reuters StarMine, Amazon’s shares carry an intrinsic worth of USD 36.37 – or about a tenth of its current price – making the stock one of the most overvalued names in its universe of more than 4,000 U.S. companies."