07-23-2015, 06:47 PM | #1 | ||
Grand Sorcerer
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Amazon surprises with quarterly profit
http://www.reuters.com/article/2015/...0PX2HX20150723
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07-23-2015, 06:55 PM | #2 |
monkey on the fringe
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07-23-2015, 06:56 PM | #3 |
Ex-Helpdesk Junkie
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I wouldn't worry about it, it can't last.
Sanity will re-assert itself in due course. |
07-23-2015, 07:01 PM | #4 | |
Grand Sorcerer
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Part of the problem is AWS: the thing is growing ridiculous fast and the margins are, if not Apple-like (nobody else gets away with 50-60% margins) certainly Microsoft- and IBM-like.
Here: http://www.zdnet.com/article/aws-mar...ud-juggernaut/ Quote:
And it's still growing. Gonna be hard to spend all that. |
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07-23-2015, 09:59 PM | #5 | |
Wizard
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07-24-2015, 02:54 AM | #6 |
Wizard
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Even in the EBook sphere Amazon must be doing much better financially. Under agency, it is no longer subsidising the sale of Cartel EBooks at $9.99. Any loss of sales volume through excessive pricing by the Cartel is offset to some unknown degree by a greater share of revenue for Amazon from these titles, since the Cartel members are apparently forfeiting their Amazon incentive to price reasonably. Further, it seems that many readers not buying Cartel ebooks at the higher prices are still spending their money with Amazon but on self-published and Indy titles. Make no mistake, Amazon is probably the major and perhaps ultimately the only beneficiary of Agency. If publishers come to the party and price their ebooks reasonably, they will now bear the full cost of "discounting" themselves. If they don't, they will continue to lose sales to self-published and Indy Authors, a segment of the market dominated by Amazon.
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07-24-2015, 08:14 PM | #7 | |
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Quote:
Apple earned $10.7 billion in profits on quarterly revenue of $49.6 billion. That works out to a 22 percent profit margin. Amazon earned $92 million in profits on quarterly revenue of $23.2 billion. That works out to a 0.4 percent profit margin. Apple's profit margin for the quarter is thus about 55 times greater than Amazon's. Source: http://blogs.wsj.com/moneybeat/2015/...eauty-contest/ Last edited by SteveEisenberg; 07-24-2015 at 09:25 PM. |
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07-24-2015, 10:22 PM | #8 |
monkey on the fringe
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07-25-2015, 06:44 AM | #9 |
Wizard
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07-25-2015, 07:37 AM | #10 |
monkey on the fringe
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07-25-2015, 06:43 PM | #11 | |
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At least Amazon isn't playing 'hide the profits' in tax havens like Apple is. Last edited by murg; 07-26-2015 at 05:36 PM. Reason: OOPS: That should have been "Amazon isn't" |
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07-26-2015, 03:49 AM | #12 |
eBook Enthusiast
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I really don't think that Amazon hide their profits anywhere - they are very open about the fact that they plough their income back into the business in things like building new distribution centres. Can you give an example of what you're referring to?
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07-26-2015, 12:27 PM | #13 |
Plan B Is Now In Force
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I think that "is playing" was meant to be "isn't playing"...
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07-26-2015, 12:28 PM | #14 |
Well trained by Cats
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Not to mention, buying companies (see list of some at the bottom of most Amazon pages). There are at least 2 nearby here (1 is just down the street from Apple ).
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07-26-2015, 05:37 PM | #15 | |
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