Amazon’ s latest breaking profit
For years, capital market has questioned Amazon/Bezos management (or numbers) . Many of them doubt about his strategy.
He proved many of them wrong with his long-term vision & absolute execution. This is something that not many CEO can do. True respect to his accomplishment and many more to come.
it looked like Jeff Bezos could finally thumb his nose at those who’ve been doubting him all along. His expand-at-any cost, low-margin frugality and take no prisoners, thrifty-bootstrapping strategy for Amazon had at last paid off. The company announced record quarterly profits of $482 million, more than the cumulative total of the previous 17 quarters.