Announcement

Collapse
No announcement yet.

Is Amazon's Value Inflated?

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts
  • rosey posey
    Junior Member
    • Jan 2023
    • 12

    Is Amazon's Value Inflated?

    Hear me out on this one and keep an open mind. I'm beginning to think that Amazon's overall value is inflated. I don't doubt that the company does a lot of business, but they also see a lot of returns, and all that shipping back and forth has to dramatically eat into its profits. Plus, when buyers return items, Amazon can't turn around and resale the stuff as new. Surely that also diminishes the value. What's your opinion?
  • gullywasher
    Junior Member
    • Dec 2022
    • 12

    #2
    No way! Amazon is killing it. Don't forget that the company also runs a highly lucrative cloud service that many other businesses use to run their platforms.

    Comment

    • Roll the Dice
      Junior Member
      • Dec 2022
      • 13

      #3
      I've had that same thought for years, rosey posey. I thought it was telling when Amazon reported that it is losing money on Alexa, which is their successful AI. Amazon laid off some staff members that worked on the software. If something as successful as Alexa isn't profitable, then it makes me wonder what is a failure.

      Comment

      Previously entered content was automatically saved. Restore or Discard.
      Auto-Saved
      Smile :) Stick Out Tongue :p Wink ;) Mad :mad: Frown :( Big Grin :D Confused :confused: Embarrassment :o Roll Eyes (Sarcastic) :rolleyes: Cool :cool: EEK! :eek:
      x

      Say Shaun

      Working...
      X