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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%

#101

Post by selestify »

freehunter wrote: post #62
mythz wrote: post #11

Earlier quoted context omitted.

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.

This is an important point. The stock market doesn't try to reward companies with higher share prices, it tries to find the correct price and stabilize there. If your company is expected to do well, that performance is already built into your stock price. Doing exactly as well as expected, even if you've doubled your profits, won't cause your share prices to change at all. Because everyone already expected you to do…

What about uncertainty? Surely the removal of uncertainty would cause a movement in the price even when a company performs exactly as predicted?

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

#102

Post by GauntletWizard »

rb666 wrote: post #100
axaxs wrote: post #97

Earlier quoted context omitted.

This is absolutely true, sure, but the UX is dreadful. If someone like, say, DigitalOcean who has nice design spent the money to actually compete, I'd move in a heartbeat. Google is a nonstarter, and Azure is a 'maybe'. Most people use a few key services. Everytime I log in, I'm slammed with 200 tiny hyperlinks.

We are looking to move some of our applications to the cloud and Kubernetes the coming time. We'd like to go for DO, partially for the horror the AWS interface appears to be. Could you give me an idea what we'd be missing by choosing DO over AWS? (as your comment appears to say we would)

DO provides VMs and Kubernetes as a service. AWS provides Freaking everything as a service. You might need Redis. You might need Postgres. You might need Hadoop, NFS, A Monitoring Solution, Access Controls for your account, Docker Repo Hosting... AWS does all of these things as managed services (though some not very well).

You definitely don't want to run your RDBMS on Kubernetes, and while DO's "Marketplace" has a solution, it's not the same.

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

#103

Post by jczhang »

sharkweek wrote: post #10

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...?”

In addition to others points on this, public companies release a guidance, which in concert with analysts' own predictions of growth, is priced in.

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

#104

Post by HugThem »

selestify wrote: post #101
freehunter wrote: post #62

Earlier quoted context omitted.

This is an important point. The stock market doesn't try to reward companies with higher share prices, it tries to find the correct price and stabilize there. If your company is expected to do well, that performance is already built into your stock price. Doing exactly as well as expected, even if you've doubled your profits, won't cause your share prices to change at all. Because everyone already expected you to do…

What about uncertainty? Surely the removal of uncertainty would cause a movement in the price even when a company performs exactly as predicted?

No. Imagine a coin flip where you earn $1.1 on head and lose $1 on tail. What is the value of such a flip? $0.05

Now I offer you a coin flip with less uncertainty. It earns you $0.6 on head and loses you $0.5 on tail. Would you pay more then $0.05 for it? No. Uncertainty was reduced, but no value was created.

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

#105

Post by stanmancan »

GauntletWizard wrote: post #102
rb666 wrote: post #100

Earlier quoted context omitted.

We are looking to move some of our applications to the cloud and Kubernetes the coming time. We'd like to go for DO, partially for the horror the AWS interface appears to be. Could you give me an idea what we'd be missing by choosing DO over AWS? (as your comment appears to say we would)

DO provides VMs and Kubernetes as a service. AWS provides Freaking everything as a service. You might need Redis. You might need Postgres. You might need Hadoop, NFS, A Monitoring Solution, Access Controls for your account, Docker Repo Hosting... AWS does all of these things as managed services (though some not very well). You definitely don't want to run your RDBMS on Kubernetes, and while DO's "Marketplace" has a s…

DO has managed hosted Postgres now, with Redis and MySQL coming. I’ve been using it for a few months and it’s been fantastic. The interface to get it running is unbelievably simple. DO is killing it lately.

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

#106

Post by devmunchies »

rb666 wrote: post #100
axaxs wrote: post #97

Earlier quoted context omitted.

This is absolutely true, sure, but the UX is dreadful. If someone like, say, DigitalOcean who has nice design spent the money to actually compete, I'd move in a heartbeat. Google is a nonstarter, and Azure is a 'maybe'. Most people use a few key services. Everytime I log in, I'm slammed with 200 tiny hyperlinks.

We are looking to move some of our applications to the cloud and Kubernetes the coming time. We'd like to go for DO, partially for the horror the AWS interface appears to be. Could you give me an idea what we'd be missing by choosing DO over AWS? (as your comment appears to say we would)

All of the Digitalocean SF data centers were down for at least 10-20 minutes earlier this week during my company’s peak hours. They seem to be having growing pains. I wouldn’t move any critical stuff just yet. I’m optimistic for the future though.

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

#107

Post by kube-system »

GauntletWizard wrote: post #102
rb666 wrote: post #100

Earlier quoted context omitted.

We are looking to move some of our applications to the cloud and Kubernetes the coming time. We'd like to go for DO, partially for the horror the AWS interface appears to be. Could you give me an idea what we'd be missing by choosing DO over AWS? (as your comment appears to say we would)

DO provides VMs and Kubernetes as a service. AWS provides Freaking everything as a service. You might need Redis. You might need Postgres. You might need Hadoop, NFS, A Monitoring Solution, Access Controls for your account, Docker Repo Hosting... AWS does all of these things as managed services (though some not very well). You definitely don't want to run your RDBMS on Kubernetes, and while DO's "Marketplace" has a s…

> You definitely don't want to run your RDBMS on Kubernetes

If you’re targeting AWS you’re probably better off using their solution, but you can totally run your database on k8s. And for some uses it’s even a good idea.

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

#108

Post by wutbrodo »

HugThem wrote: post #104
selestify wrote: post #101

Earlier quoted context omitted.

What about uncertainty? Surely the removal of uncertainty would cause a movement in the price even when a company performs exactly as predicted?

No. Imagine a coin flip where you earn $1.1 on head and lose $1 on tail. What is the value of such a flip? $0.05 Now I offer you a coin flip with less uncertainty. It earns you $0.6 on head and loses you $0.5 on tail. Would you pay more then $0.05 for it? No. Uncertainty was reduced, but no value was created.

This assumes that people operate only on expected value and don't care about variance at all, which is incorrect empirically, theoretically, and intuitively. The premium you pay for reducing variance is called a "risk premium", and it follows pretty trivially from the diminishing marginal utility of money (though there are many other ways to derive/explain it). This is the entire reason that insurance exists as a product: it's not designed solely to cover existential risks or to prey on the irrational.

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

#109

Post by mytailorisrich »

sharkweek wrote: post #10

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...?”

These days, every piece of information is already included in the quotations.

Here it means that the large increase is not new information, probably that it does not match predictions/expectations is.

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

#110

Post by nodefortytwo »

axaxs wrote: post #97
meowface wrote: post #81

Earlier quoted context omitted.

AWS is basically "run your entire company's engineering as a service" now, and they've done a good job at it. It's not at all easy to compete with such an integrated and battle-tested platform (other than on cost; AWS can be pretty expensive).

This is absolutely true, sure, but the UX is dreadful. If someone like, say, DigitalOcean who has nice design spent the money to actually compete, I'd move in a heartbeat. Google is a nonstarter, and Azure is a 'maybe'. Most people use a few key services. Everytime I log in, I'm slammed with 200 tiny hyperlinks.

Where I work we spend millions per month on AWS, its our primary cloud platform.

At that scale the UI of the console really doesn't matter, everything is IAC so developers rarely need to directly access AWS. The one thing we do use is the Cost and Usage explorer which has a reasonable UI

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