how i feel about amazon

meurasian77
2022-11-13

I own Amazon and feel they should be focusing on bottom line.

$120B in revenue but only $2B in profit. that sounds like its more worse than Walmart. Compared with Msft’s $50B rev and $17B profit. Ever wonder why Amzn fresh is not taking off? Very high prices. Costco is packed with shoppers while next door at Amzn fresh is empty. Shoppers want lower prices, not some $4/pound organic tomatoes or potatoes. Making the store like tech savvy will not allure shoppers if prices are high- how difficult to understand???

High time all techs including Amzn follow the suit of layoff. I strongly believe techs can do with 50% less staff. Too many workers at home are living on fat checks with no productivity. It’s time to let them go and cut costs at all levels

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Comments

  • mster
    2022-11-13
    mster
    Looks like there will be more donw side in the next earning. But, meanwhile enjoy the rally in this bear.
  • JC888
    2022-11-14
    JC888
    Will u still write with such ease feel  if u are one of those being retrenched? Its not just banging on keyboard and uttering rubxxxh that's all. Its an assault on one's mental n well being.. Bottomline is not the end all be all...
  • GREEDisGOOD
    2022-11-13
    GREEDisGOOD
    well said
  • GREEDisGOOD
    2022-11-13
    GREEDisGOOD

    Superb post 

  • liewtc60
    2022-11-14
    liewtc60
    Amazon reported lower profit as it has expensed off it’s growth capex spending on new businesses with the purpose of widening its economic moat potential and reducing tax liability.
  • Leklek1981
    2022-11-13
    Leklek1981
    Thanks for sharing
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