[deleted] t1_j3x1k09 wrote on January 11, 2023 at 5:34 PM

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manOnPavementWaving t1_j3x2wca wrote on January 11, 2023 at 5:42 PM

What? Amazon made 9 billion from Q42021 to Q32022

fauge7 t1_j40d3sm wrote on January 12, 2023 at 8:05 AM

Lol, Amazon barely makes a profit because they reinvest a vast majority of it to pay less taxes. They don't need to make money if they use it to keep growing

[deleted] t1_j3x36ag wrote on January 11, 2023 at 5:44 PM

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TopSector t1_j3x7nhq wrote on January 11, 2023 at 6:10 PM

That is Gross Profit, which is Sales Revenue - Cost of Goods Sold, but before operating expenses, such as Research and Development, depreciation, marketing, etc. That is not what is paid out to the shareholders. Amazon earned $33 Billion in 2021 as per their annual report, in item 8.

https://s2.q4cdn.com/299287126/files/doc_financials/2022/ar/Amazon-2021-Annual-Report.pdf