sturg33
I
Make more money? You have to make some money before you make more of it.
Steven A Smith sees the light
- Thread starter AerchAngel
- Start date
Make more money? You have to make some money before you make more of it.
zitothebrave
Connoisseur of Minors
Amazon isn't churning a consistent gross profit because of investment. It makes a ton of money and if they only cared about profits they'd stop expanding and make money. You can look at it otherways, but that's the crux of why they don't "make money"
chop2chip
Well-known member
Zito... This is wrong. You aren't even fact checking the **** you are throwing at the wall.
Amazon had an operating income of -241 million last year. This has nothing to do with "investments" (which is among the vaguest of uses of that term). It means that their day to day operations of their businesses lose money which is what krg and sturg were referring to. So no, that's not the crux of why they aren't "making money".
zitothebrave
Connoisseur of Minors
chop2chip
Well-known member
No. They reported a operating income loss of 241 million which means they lost money through their operations and not through their investments. That article just points out why their strategy works. I never disagreed with Amazon's strategy.
zitothebrave
Connoisseur of Minors
But their operation costs are going up because of them expanding their business, it's spelled out pretty clearly IMO.
chop2chip
Well-known member
They are indeed adding other unprofitable divisions under their corporate umbrella, but you corrected sturg and krg as if what they said was wrong when it clearly wasn't. In the finance world there is quite a difference between gross profit and operating income.
goldfly
<B>if my thought dreams could be seen</B>
well, i don't think the population is that smart overall
of course there are people above the poverty level that need "entitlements". to say otherwise isn't being truthful about the situation imo
chop2chip
Well-known member
In a perfect society the real answer to that question is "it depends".
Gary82
Called Up to the Major Leagues
In a perfect society in a perfect world. We live in neither.
chop2chip
Well-known member
Well since you acknowledged its not black and white, then I hope you understand that the answer to your question isn't as obvious as you made it seem.
sturg33
I
Amazon is continuing to invest because they are trying to find profit centers that subsidize their core business. Their core business is a huge money pit.
Gary82
Called Up to the Major Leagues
The only thing I acknowledged was that we don't live in a perfect society. You're the one stating that it may not be manageable even in a perfect society.
chop2chip
Well-known member
I said in a perfect society "it depends". Some people need government assistance and others don't.
When I went to college I made less than 12,000 a year and I was on a scholarship. I didn't need government assistance. In other circumstances people have the capability to earn enough to live without government need, but the welfare system creates an incentive where they would be irrational to choose to work because they are better off not working. Everyone (at least economically literate everyone's) understand that people in a society choosing not to work isn't optimal.
I also acknowledge that there is a great need for welfare for some people that make a lot more than $12,000. But Welfare transfers is a complicated issue that doesn't deserve to be marginalized by sarcastic questions such as the one you posed above.
I guess the better introductory question is: What job pays a full-time employee $12,000 a year?
Oklahomahawk
Boras' Client
That's about $6/hr (12,480 to be exact) assuming the employer pays for a 2 week vacation or as Vol would call it (the Tribulation period). The current minimum wage (if memory serves) would be either $15,000/year or $15,600/year depending on that paid vacation thing.
AerchAngel
<B>Secretary of Statistics</B>
Even on other boards some people told me that I should know my role and shut up and do what other blacks do regardless and vote Democrat.
WTF?
I thought in Murica we vote for who we want and how we want things, you know the freedom of choosing who our leaders are not because of the color of skin.
One said that I was "jaded" because I am black and should know better.
I guess he didn't like the fact that I said what has Obama done for blacks to make our lives better. He deflected and then carried the conversation on another tangent.
If Democraps want my vote, then quit lying, quit deflecting, do something to earn that vote and not talk about. At leats Republicans will attempt to help you, if you help yourselves and won't lie to you to get your vote. Remember that.
WTF?
I thought in Murica we vote for who we want and how we want things, you know the freedom of choosing who our leaders are not because of the color of skin.
One said that I was "jaded" because I am black and should know better.
I guess he didn't like the fact that I said what has Obama done for blacks to make our lives better. He deflected and then carried the conversation on another tangent.
If Democraps want my vote, then quit lying, quit deflecting, do something to earn that vote and not talk about. At leats Republicans will attempt to help you, if you help yourselves and won't lie to you to get your vote. Remember that.
Oklahomahawk
Boras' Client
Really? How do Republicans help you? I'm not arguing about what you said about the Dems, but the Repubs will only help you as long as they can use you, no different than the Dems really. When was the last time the Repubs had a black person fail to "do his part" that they didn't turn on him? Michale Steele? Colin Powell? The only color either party is all that interested in is green.
sturg33
I
I have a hard time believing this