Amazon profit slumps 77 percent as costs surge, shares fall

http://www.reuters.com/article/us-amazon-com-results-idUSKBN1AC339

by doctorshady • 9 years ago

5 4 9 years ago

jxramos• 9 years ago

I was speculating about cost cutting earlier last week when we received a shipment of vitamins in a glass bottle that didn't survive shipment. The box was unusual in its length, and the cardboard was thinner than normal, both outliers from the happy Prime boxes that previously dominated shipments.

jernejzen• 9 years ago

I am too lazy to check the details, but this info goes directly opposite to Bezos overtaking Gates as the richest dude on the world.

mtgx• 9 years ago

Is Bezos biting off more than he can chew? Until a few years ago Amazon wasn't profitable but it was living within its means, and just re-investing whatever profit it made. Has Bezos stopped using that strategy in favor of a much more aggressive "going big or going home" investing strategy?

Powerofmene• 9 years ago

I wonder how much this comes down to Alexa and all the advertising/promotions that surrounded their AI?

I don t think we will see this often repeated so I would not stress over this one report.

Amazon profit slumps 77 percent as costs surge, shares fall

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