I wonder how long they can keep it up. It's the first time in decades they posted a profit and the entire backbone is based off AWS. If another major competitor comes on that market space it will be difficult to keep it up.
Jay wrote:They've been profitable for six straight quarters and the profits keep expanding.
Cybargs wrote:Being underpriced can only be sustainable for so long. Amazon is purely supported by it's investors and once the bubble burst, amazon will go down with it. Amazon will have to start changing its business model for it to remain sustainable. Which is one of the reason why the knock off alibaba is doing quite well.
well, yeah, except it's not funny because they aggressively underpriced everyone else and killed the industry.
Same with Uber, cost cutting can only go so far.
Ken: I've moved onto land law now