The latest post on ‘ReadWrite’ is titled “Hey, Amazon! To Heck With Profits—Just Keep Making Great Stuff”.

Dan Rowinski says, “Amazon announced its second quarter earnings today. And, again, investors are supposedly skeptical and growing tired of Amazon’s insistence on spending everything its makes, the way a high-growth startup looking for customers would.

You know what Amazon should tell those investors? Bug off.

Amazon boosted its revenue by $2.87 billion in the second quarter compared to a year earlier, to $15.7 billion. Yet it also posted a net loss for the quarter of $7 million”.

Hey, Amazon! To Heck With Profits—Just Keep Making Great Stuff

ReadWrite

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