Amazon’s Profits

Great piece by Benedict Evans:

Equally, the problem with saying ‘we can’t tell from outside how Amazon is really doing, but it will become profitable, just wait and see’ is that you could be waiting for ever without ever knowing if you’re wrong.

Like I said, Amazon’s massive profitability is like a will-o’-the-wisp.

β˜… Thursday, 8 August 2013

Ads via The Deck Ads via The Deck