Amazon will be the Largest Company in the World and 1st Trillion Dollar Company
1–10 of 24 posts
Re: Amazon will be the Largest Company in the World and 1st Trillion Dollar Company
#2"They are currently valued at about $50BN, but are growing at about 20-25% annually and will continue to do so for the next few decades."
Hello, unfounded assertion...
Re: Amazon will be the Largest Company in the World and 1st Trillion Dollar Company
#3"... in 20 years maybe. They're currently worth 5% of that though". Paraphrasing the article of course.
At current trading, Wal-Mart is worth just over 204B, just for comparison.
Re: Amazon will be the Largest Company in the World and 1st Trillion Dollar Company
#4"They are currently valued at about $50BN, but are growing at about 20-25% annually and will continue to do so for the next few decades." Hello, unfounded assertion...
"The housing market is growing 20-25% annually and will continue to do so for the next few decades."
Re: Amazon will be the Largest Company in the World and 1st Trillion Dollar Company
#5"They are currently valued at about $50BN, but are growing at about 20-25% annually and will continue to do so for the next few decades." Hello, unfounded assertion...
"The housing market is growing 20-25% annually and will continue to do so for the next few decades."
He might simply be assuming a high inflation rate.
At 10% inflation, prices will multiply roughly 8x in 20 years, so a trillion dollars would only be about $125B in today's dollars. That's only about half of Wal-Mart's market cap.
Re: Amazon will be the Largest Company in the World and 1st Trillion Dollar Company
#6Earlier quoted context omitted.
"The housing market is growing 20-25% annually and will continue to do so for the next few decades."
He might simply be assuming a high inflation rate. At 10% inflation, prices will multiply roughly 8x in 20 years, so a trillion dollars would only be about $125B in today's dollars. That's only about half of Wal-Mart's market cap.
"...and the 1st Trillion Dollar Company"
I don't think he was
Re: Amazon will be the Largest Company in the World and 1st Trillion Dollar Company
#7If I had just kept growing at 20-25% annually I'd be over 260ft tall today.
Re: Amazon will be the Largest Company in the World and 1st Trillion Dollar Company
#8For 2009 they're listed as position 130 on the F500, so only 129 positions to go.
Take a trend and make some wild-ass extrapolation.
I'm very much impressed with what amazon is doing in general but I don't see them ever holding that top spot.
Re: Amazon will be the Largest Company in the World and 1st Trillion Dollar Company
#9He seems to assume that market cap moves in lockstep with revenue. A company's current market cap factors in expectations of future growth.
Re: Amazon will be the Largest Company in the World and 1st Trillion Dollar Company
#10He seems to assume that market cap moves in lockstep with revenue. A company's current market cap factors in expectations of future growth.
And by those standards, the market is as optimistic as OP; Amazon is trading at a P/E of 76.
Edit: I don't mean this necessarily as vindication for OP. A P/E of 76 seems very expensive.