profit is irrelevant. their capex is $1B-$2B per quarter. they could lower their... | Hacker News

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		fahim305 on July 24, 2015 \| parent \| context \| favorite \| on: Amazon Is Now Worth More Than Wal-Mart profit is irrelevant. their capex is $1B-$2B per quarter. they could lower their capex at any point and show a few hundred million dollars net earnings. the point is that they are as big as they are and continue to invest in the future, and hence the insane p/e ratio and stock price

fixxer on July 24, 2015 [–]

Let me know when they can shuffle the books and make 16 billion fall out and I'll stop laughing.

pnut on July 24, 2015 | [–]

On first read I thought you meant a giant warehouse robot shuffling books like a deck of cards.

Let me know when they can do that too.

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