"Costco makes money and pays a dividend."
Except their profits just decreased by 15%. And Walmart's by 21%. How many more reports will it take like that before those dividends vanish. Borders used to pay a dividend, too, but where are they today?
Shorts tend to live in the present and past, not the future is what the market is focused on. If Costco and Walmart are seeing a bleaker and bleaker future outlook, you can't really brag for long about how they pay a dividend. That's great for people who used to get one but not for those aren't going to be get one in the future
"shares will become ever more tethered to Earth."
Actually, they never stopped being valued that way, shorts simply did not not know how to estimate profits from sales particular during expansion cycles going forward and did not know what multiple to use.
For example, analysts are estimating what higher levels of Prime will mean, but shorts are busy shaking their heads saying it will never happen. Then it does and they try to make up some kind of BS about how profits are bad. Analysts are also estimating what Cloud fees will mean to the company--a very new and immature business by the way. Shorts are saying this will never amount to anything. But then when it does, in a very big way, they/you will be saying, oh, that's bad for Amazon.
So shorts are always giving us nothing but double-talk.
"At least that seems to happen to every other company I ever heard of when they reach maturity"
Two problems with this assumption: 1. Is Amazon a typical company? No, it is an everything store or everything company. There has never been anything like it, so comparing this to your experiences with other companies isn't going to tell you anything. This why it is so hard for shorts to short.
Which leads to 2. The runway for a company like that is extremely long, longer than the rest of your lifetime for sure. So in that sense this is just Day One.
Did somebody criticize raising the prime fee? It seems like they have to raise it more than that in an attempt to cover the shipping costs and movie royalties.
Costco makes money and pays a dividend.
Philjoe already dissappeared and nasdaq_6000, the ground hog pumper , got blown up by bill murrayz dynamite - caddy shack style. You wont be hearing from those guyz unless the pigz pop 30% on an oversold bounce after the pigz TANK by 35%.... Lets see you start with a buck, lose 35 cents and from 65 cents it jumps 30% leaving theze idiots with 84.5 cents (temporarily until it crashe again) az they come back for a day and shout "VICTORY!". Makes sense dont it? No - it doesnt, but it will happen anyway.
For those idiots criticizing an AMZN prime price hike to $99.00...pull your heads out.
This is the first price increase since prime membership was initiated in 2005 and taking into account inflation the price increase is moderate and in line.
Not any different than Costco or other club memberships that have raised their membership fees.
Unrealistic to expect prices to remain the same, let alone go down.
I'm a prime member and very satisfied with the service...AMZN product availability and overall service, user interface and streaming.
Without question will maintain membership.