YOUR

DAILYLUXE

 
CONNECT WITH US

Amazon Grace? E-Commerce King Loses Money, Stock Rises

Posted: Oct. 25th, 2013  |  By DailyLuxe News

Riddle me this … market analysts!

How does a company lose money 75% of the time, over the past year, and yet the price per share of its stock is selling close to an all time high? This financial conundrum is the reality of Amazon, a company that reports $17.09 billion in net sales and the stock losses $0.09 per share in value.

Apparently, those proverbial two birds in the bush are outperforming that one bird in hand quite tidily. While the firm is reported to be growing faster than the remainder of e-commerce, there must be an explanation to clarify the “down is the new up” perspective long-term investors are taking.

The company's CFO Tom Szkutak was tight-lipped on when the e-commerce king would be back in the black in an interview with Bloomberg Businessweek, but feels the firm’s financial outlook is bright.

….“We feel very fortunate that we have a lot of great opportunities to invest in,” he said. Amazon is also fortunate that it has shareholders willing to go along for the ride.

Read More on businessweek.com
Comments: