First the forward PE is just over 100 if they can earn about 1.50 per share. One more flat quarter will make that impossible. Now we are reaching the peak earnings quarter for them. With their current spending plus the bond sale they should have about 5 billion in cash after they pay for their head quarters which according to them will be this quarter. The cloud is a bonus with them making money they own 70 percent of the cloud sales. Without major competion from the likes of IBM and walmart in retail we could easily have the stock at 50 bucks. The thing loses money on every sale. The more they sell the less they make=business model of sell nothing lose less.