April 25, 2013

How Amazon Beats Apple

How Amazon beats Apple.

Amazon: delivering a huge market cap with only a tiny net income.

Latest quarterly results from Amazon and Apple -

  • Amazon $82 million net income, $124 billion market cap.
  • Apple $9.5 billion net income, $383 billion market cap.

This trend of tiny net income with a huge market cap for Amazon has been going on for many years.

Perhaps Amazon is mining Bitcoins in secret with its huge AWS infrastructure.

Crazy, crazy Amazon.