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Amazon.com Announces Third Quarter Sales Up 34% to $43.7B

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Re: Amazon.com Announces Third Quarter Sales Up 34% to $43.7B

#11

Post by tdb7893 »

rgbrenner wrote: post #10

Once again, AWS is the reason Amazon made any money at all. AWS earned $1.1B in profits for the quarter.. a 25% profit margin.

Hopefully with Microsoft and Google getting in the game we'll get some competition and that margin will reduce

Re: Amazon.com Announces Third Quarter Sales Up 34% to $43.7B

#12

Post by davidkuhta »

tdb7893 wrote: post #11
rgbrenner wrote: post #10

Once again, AWS is the reason Amazon made any money at all. AWS earned $1.1B in profits for the quarter.. a 25% profit margin.

Hopefully with Microsoft and Google getting in the game we'll get some competition and that margin will reduce

... or that the margin stays the same, and they're able to further innovate and offer additional value!

Re: Amazon.com Announces Third Quarter Sales Up 34% to $43.7B

#15

Post by alehul »

rgbrenner wrote: post #10

Once again, AWS is the reason Amazon made any money at all. AWS earned $1.1B in profits for the quarter.. a 25% profit margin.

Correct me if I'm wrong, but isn't that just due to their accounting preferences?

Amazon has had the capability of making profit for years, but prefers to expense everything off in an effort to grow rather than pay increased taxes.

Their skyrocketing market cap hasn't been due to a change in the company's direction so much as investors gradually realizing this strategy and the raw growth potential of where Amazon has positioned itself.

Re: Amazon.com Announces Third Quarter Sales Up 34% to $43.7B

#16

Post by rajnathani »

tdb7893 wrote: post #11
rgbrenner wrote: post #10

Once again, AWS is the reason Amazon made any money at all. AWS earned $1.1B in profits for the quarter.. a 25% profit margin.

Hopefully with Microsoft and Google getting in the game we'll get some competition and that margin will reduce

MSFT also had earnings today. They beat with a (sustained) strong growth in their cloud biz.

Re: Amazon.com Announces Third Quarter Sales Up 34% to $43.7B

#18

Post by adventured »

rgbrenner wrote: post #10

Once again, AWS is the reason Amazon made any money at all. AWS earned $1.1B in profits for the quarter.. a 25% profit margin.

Their business outside of AWS is generating immense cash flow. That's a lot more important to Amazon's business than most headline measures of profitability. Overall they produced $8.1 billion in free cash flow for the prior 12 months and $17.1 billion of operating cash flow. That's what enables them to continue to invest so heavily.
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