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.

Jeff Bezos and Amazon: He who laughs last, laughs best

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.