61–70 of 103 posts
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Out of all the big ones Amazon is the one I'd want the least to make much money. They just seem to have the least human view of their customers, with some products they've built completely centered around viewing their customers as consumer-machines.
Compared to Apple that artificially created a consumption cycle of one 700 USD (Now 1000 USD) device per year?
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International, and unclear if subsidiaries like WFM come into play in this?
They note in the release that Whole Foods accounted for $1.3 billion in sales. Excluding Whole Foods sales and favorable exchange rates, growth was 29%.
Plenty of room to grow!
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Aren't very high sales for a store expected? They don't manufacture (most) stuff - they buy it for X, sell it for X+Y%, so better economy = more consumer spending = higher sales for stores. The real key for Amazon is how good their profit margins are on these sales.
Is the economy so much better than last year that everyone is buying 34% more stuff than they did last year?
Especially in the HN crowd, its easy to forget that e-commerce is still So given that number alone, we should expect a ~20% YoY increase in revenue from Amazon. 34% is still excellent, but makes a little bit more sense when you frame it in terms of overall sector growth.
Wow. How is that even possible? Growing by a third in one year at that scale is completely mind boggling to me.
1 -https://www.census.gov/retail/mrts/www/data/pdf/ec_current.p...
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.
It earns this healthy margin because customers pay Amazon before Amazon pays suppliers. Normal companies have to fund their businesses by raising debt or equity, whereas Amazon gets free loans from merchants. Exceptional way to fund growth.
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…
I am very curious about Wallmart policies against Amazon growth. With this pace amazon will eat Wallmart eventually. And Wallmart is biggest company on earth. What they are going to do?
Walmart's online business is booming and its offline retail business is still four times the size of Amazon's retail business. Walmart's online retail business is about 30% the size of Amazon's and growing twice as fast. Walmart apparently isn't going quietly. "The discount chain reported on Thursday that U.S. online sales rose a staggering 63% in the first fiscal quarter of the year, following last year’s overhaul o…
That was me and my wife. I'm pretty sure our baby stuff accounts for most of that growth.
It is quite telling: 2007, 2008, 2009 were 2016: 270...
It's all about establishing the habits.