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Amazon.com Announces Second Quarter Sales Up 20%

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Re: Amazon.com Announces Second Quarter Sales Up 20%

#11

Proof I have no idea how the stock market works: “Wow, that’s insane, their stock must have popped back over 2k because of this news!” checks ticker “Down 2.5% after hours...?”

As always, it's due to the results being below Wall St estimates that are already priced into the stock which is still trading at an insanely expensive 100 P/E ratio.

Re: Amazon.com Announces Second Quarter Sales Up 20%

#12

To put this in some global perspective... Alibaba's one day sales event "Singles Day" last November grossed almost half that amount (i.e. $30B). Note: Alibaba's operating margins are approx. 30%.

I assume a lot of that Alibaba volume is them collecting smaller commission amounts on a larger number of transactions? Would be interesting to know what the gross profit margin is on their revenue figure for the day.

Re: Amazon.com Announces Second Quarter Sales Up 20%

#13

To put this in some global perspective... Alibaba's one day sales event "Singles Day" last November grossed almost half that amount (i.e. $30B). Note: Alibaba's operating margins are approx. 30%.

Their model is different though.

Alibaba has almost no self held sales. While Amzn only include profit from 3rd party as revenue, not sales from 3rd party (AFAIK).

Re: Amazon.com Announces Second Quarter Sales Up 20%

#16

To put this in some global perspective... Alibaba's one day sales event "Singles Day" last November grossed almost half that amount (i.e. $30B). Note: Alibaba's operating margins are approx. 30%.

Yet Alibaba's revenue for all of 2018 was $55B USD, compared to $232B USD for Amazon.

I see that one day sale thing appear in many mentions of Amazon and it might be a little...misleading.

Re: Amazon.com Announces Second Quarter Sales Up 20%

#18

To put this in some global perspective... Alibaba's one day sales event "Singles Day" last November grossed almost half that amount (i.e. $30B). Note: Alibaba's operating margins are approx. 30%.

Yet Alibaba's revenue for all of 2018 was $55B USD, compared to $232B USD for Amazon. I see that one day sale thing appear in many mentions of Amazon and it might be a little...misleading.

Revenue is nothing but bragging rights. Profit is what matters.
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