Post
Topic
Board Bitcoin Discussion
Re: Damn you Amazon, you'll come round soon enough
by
iGROWyourBiz
on 15/04/2014, 03:51:41 UTC
i wouldn't even count on amazon to exist for that much longer.
they are trading with a P/E ratio of 535 (http://finance.yahoo.com/echarts?s=AMZN), the whole company is a bubble waiting to explode.

Amazon is good at raising dollars though.  I remember when they started, it was YEARS before they ever broke even.  "making money" does not seem to be as important as moving volume and marketshare to the holders.  They have a few things coming that could make a huge difference in the physical and digital goods categories.