81–90 of 161 posts
Like many of the comments here, I'm very curious what counts as "R&D" spend by Amazon. My guess (and happy to be corrected if I'm wrong) is that it includes a big chunk of AWS capex spend. I think it's great that Amazon invested so much into AWS, but it then also isn't surprising that the company that runs a huge portion of the Internet has large "R&D" spend.
I suspect its just a tax break related policy, ive been doing the same shit at US companies (still in EU), and some European companies (in EU) and the US one were the only one asking me to file reports for hours classified as R&D, maybe european ones have no incentive to do that Id say, considering that, and considering that for these corps taxes are lava, i’d go to look at incentives on taxes about R&D filing
I suspect its just a tax break related policy, ive been doing the same shit at US companies (still in EU), and some European companies (in EU) and the US one were the only one asking me to file reports for hours classified as R&D, maybe european ones have no incentive to do that Id say, considering that, and considering that for these corps taxes are lava, i’d go to look at incentives on taxes about R&D filing
There is not a single chance that Amazon spends $73B/year in R&D, numbers are completly wrong or they mean something different.
It's no surprise, Amazon market cap is > 50% of the entire country of France GDP. Amazon market cap: $1.6T France GDP: $2.9T These numbers would be skewed even more if Apple ($3T) or Microsoft ($3T) were used instead. https://finance.yahoo.com/quote/AMZN/ https://data.worldbank.org/indicator/NY.GDP.MKTP.KD.ZG?locat...
This is a lot like the recent “Novo Nordisk’s market cap is greater than the GDP of Denmark!” comparisons — true, but they’re not like numbers (and indeed, much of Novo Nordisk’s revenue is captured in Danish GDP).
It's no surprise, Amazon market cap is > 50% of the entire country of France GDP. Amazon market cap: $1.6T France GDP: $2.9T These numbers would be skewed even more if Apple ($3T) or Microsoft ($3T) were used instead. https://finance.yahoo.com/quote/AMZN/ https://data.worldbank.org/indicator/NY.GDP.MKTP.KD.ZG?locat...
Feel obliged to point out this is misleading / not especially relevant: GDP is the value of the annual output of a country, while market capitalization is the (discounted) value of all future cash flows of a company. LVMH is ~0.5T market cap French company, but it’s nowhere near 1/6th of French economic output. This is a lot like the recent “Novo Nordisk’s market cap is greater than the GDP of Denmark!” comparisons —…
# of Amazon employees: 1.7M
# of working people in France: 30M
Maybe they need to spend even more to figure out how to show Adidas shoes when I search “Adidas shoes”. Seems that’s a really hard CS problem. Once they have that, maybe they can show products ordered by price when I select “Sort by price low to high”.
It is a human problem, there's not necessarily a technical solution. How do you define a Adidas shoe? Something with the same name could easily be fake
https://www.irs.gov/businesses/corporations/irc-41-asc-730-r...
Maybe they need to spend even more to figure out how to show Adidas shoes when I search “Adidas shoes”. Seems that’s a really hard CS problem. Once they have that, maybe they can show products ordered by price when I select “Sort by price low to high”.
One thing I absolutely cannot understand is the "price range" functionality seems to be broken as well. Maybe it's the same root cause and/or change which broke price sorting but when I put in a range of say $100-$200 searching for "network switch" the first result is $240, the 2nd result $90, and the 3rd result $120 and legitimate results go on for tens of pages. So it's not that there isn't anything for sale in tha…
Maybe they need to spend even more to figure out how to show Adidas shoes when I search “Adidas shoes”. Seems that’s a really hard CS problem. Once they have that, maybe they can show products ordered by price when I select “Sort by price low to high”.
You must have some sort of poisoned history with amzn. I just tried what you describe, and it works perfectly.