May 15th is going to be a nice day for a lot of people ;-)
What is the significance of May 15th?
Probably when stock vests for college hires.
Amazon Reports Surge in Profit
31–40 of 195 posts
Re: Amazon Reports Surge in Profit
#32Earlier quoted context omitted.
Or another future - as more people see Google and Azure can compete... they build cloud agnostic software that treats providers as a utility, and profit margins fall and fall.
> they build cloud agnostic software that treats providers as a utility It's like browsers all over again. As long as each provider is offering different things or different implementations of the same thing we will either need to choose one or be forced to go through a lowest common denominator translation layer. MSFT, GOOG, and AMZN are all smart enough to not turn this into a race to the bottom of who can provide…
Well so far MSFT and GOOG are regularly slashing prices to keep up with AMZN's price cuts. So we're in the price war stage still, not much at the differentiation stage.
Re: Amazon Reports Surge in Profit
#33Re: Amazon Reports Surge in Profit
#34Earlier quoted context omitted.
What is the significance of May 15th?
Employee stock vesting day. If you get stocks granted as a bonus (most of us do), they vest in may and November. I know guys who've never sold any of their stocks. This will be literally $10k or more in their pockets, if they finally decide to sell.
Jeff just made $6.1B afterhours...
Re: Amazon Reports Surge in Profit
#35Earlier quoted context omitted.
> they build cloud agnostic software that treats providers as a utility It's like browsers all over again. As long as each provider is offering different things or different implementations of the same thing we will either need to choose one or be forced to go through a lowest common denominator translation layer. MSFT, GOOG, and AMZN are all smart enough to not turn this into a race to the bottom of who can provide…
Well so far MSFT and GOOG are regularly slashing prices to keep up with AMZN's price cuts. So we're in the price war stage still, not much at the differentiation stage.
> So we're in the price war stage still, not much at the differentiation stage.
Depends what you're looking for I suppose. If all you need is basic compute instances then, yes, it's a price war. Any products beyond that have a tenuous relationship between the different providers.
Even something as simple as using a columnar DB pretty much locks you into one of the providers because you have to build around all the nuances of SQL Server vs. RedShift (Postgres) vs. BigQuery.
Forget talking about things like infrastructure automation once you're trying to manage this on demand across many environments in a reproducible way.
Re: Amazon Reports Surge in Profit
#36Amazon's rationale for its lack of profits is well known... Why does this rationale not apply to its cloud business? Is the cloud business so good that it generates profits regardless of the investment it makes... or is the retail business so bad that it can't generate profits regardless of the investment AMZN makes in it?
The retail business is competing with a very old, very established industry. The cloud business pretty much created a new industry.
Re: Amazon Reports Surge in Profit
#37On one hand I miss my RSUs on the other hand I do not miss working there. well maybe a little. it was fun for a while.
I hung onto mine... Thinking this might be the catalyst to sell the few that I have.
It's a shame they have such a toxic environment and backload their stock grants. It would have been nice to be able to get rich and retire young!
Re: Amazon Reports Surge in Profit
#38Earlier quoted context omitted.
What is the significance of May 15th?
Employee stock vesting day. If you get stocks granted as a bonus (most of us do), they vest in may and November. I know guys who've never sold any of their stocks. This will be literally $10k or more in their pockets, if they finally decide to sell.
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Re: Amazon Reports Surge in Profit
#39Earlier quoted context omitted.
What is the significance of May 15th?
Employee stock vesting day. If you get stocks granted as a bonus (most of us do), they vest in may and November. I know guys who've never sold any of their stocks. This will be literally $10k or more in their pockets, if they finally decide to sell.
> If you get stocks granted as a bonus (most of us do),
Or by bonus do you mean just the amounts they give you as regular refreshes?
Re: Amazon Reports Surge in Profit
#40[deleted]