In the News
Amazon - A Business Built to Make Losses?
16th July 2015
I really enjoyed reading an article on Amazon from Rory Cellan-Jones, the Technology Correspondent at the BBC. In a telling quote he says "Throughout its history, Amazon has seen its revenues climb inexorably while its profits hover around or below zero." The ubiquitous online retailer has posted impressive revenue growth in recent years but huge capital expenditure means that net profit and the current returns to shareholders remain very thin.
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
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