Quote:
Originally Posted by murraypaul
Amazon currently have a 40+% profit margin and $70+Bn cash pile.
They can outlast anyone in a price war.
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Do you have a source for that, because unless I'm misreading their last
balance sheet filed 31/12/11, Amazon's cash on hand is $5.27Bn (or $9.6Bn if you include short term investments). A look at their
income statement shows a Net income for 2011 of $631Mn on turnover of $48Bn - a margin just over 1.3%...