Tue, Sep 16, 2014, 5:57 AM EDT - U.S. Markets open in 3 hrs 33 mins

Recent

% | $
Quotes you view appear here for quick access.

Apple Inc. Message Board

  • sirriulism sirriulism Jul 17, 2013 1:53 PM Flag

    Musing over AMZN as a business

     

    Noticing that AMZN continues to go up, I found myself staring at its Yahoo Key Stats page in wonderment. It not the first time I've been there, nor am I naive about the fact that the vast majority of Amazon's business is as a low-margin distributor of products it doesn't produce. But it just amazes me that there is this company that shifted $63 billion in goods last year and lost money doing it. So there's $63 billion of #$%$ out there filling up shelves, closets, attics, and basements and this company didn't even make money. Little redeeming value in terms of the environment or our economy, and not even a profit for adding this mountain of junk to people's lives. And so, what does the future have in store? Another $60-70 billion of junk mailed out to be packed into those same closets and basements? And still no profit? How could anyone want to invest in this dog of a company? Even Walmart, another purveyor of mountains of soon-to-be-landfill, at least makes a profit. Unbelievable. The world will turn and we Apple longs will have our day.

    Sentiment: Hold

    This topic is deleted.
    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
AAPL
101.63+0.26(+0.26%)Sep 15 4:15 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Avanir Pharmaceuticals, Inc.
NasdaqGSMon, Sep 15, 2014 4:00 PM EDT
21Vianet Group, Inc.
NasdaqGSMon, Sep 15, 2014 4:00 PM EDT