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Best Buy Co., Inc. Message Board

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  • yourwishismine yourwishismine Jan 2, 2013 2:53 PM Flag

    Amazons bankruptcy, Schulze's vision and retails future---

    Let's see... Amazon had a net POSITIVE income of 40 Million... Best Buy had a NEGATIVE income of over 1 Billion... which one is going bankrupt?

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    • Please see my post below to appease ur ignorance sir:

      Amazon has a ~2.58% (ttm) profit margin and a ~3.14% operating margin. This is less than the benefit they get from evading the state sales tax system. In short, this is a firm that only exists because of its ability to evade that tax structure. When, not if, that ends, the company is a literal zero and every flaw will consolidate and cause them to loose more money faster than any stock with a mkt cap this high that you have ever seen.

 
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