I’m sure that Congress passing a new internet sales tax bill this week will do wonders for Amazon’s non-existent profits. They’ll make it up on volume. Amazing how those fiscal minded Republicans see no problem with internet sales taxes. Prepare to pay 6% to 10% more for everything you buy on the internet. But don’t worry. Your politician leaders promise to spend the windfall on pork projects done by government union workers. And the BLS won’t factor the 6% to 10% into the CPI calculation, so it won’t really inflate your costs and deflate your bank account. The government will spend your money better than you can.
These charts are surely bullish. Amazon is a buy.
AMZN In Six Easy Charts
Submitted by Tyler Durden on 04/25/2013 16:38 -0400
All one can say is: “LOL“
Operating Profit and Net Income for Three Months Ended March 31, 2010-2013:
Amazon Free Cash Flow (Operating profits less CapEx):
Amazon Operating Margin %
Amazon LTM Operating Margin %
Amazon LTM Net Income %
Amazon Revenue growth (blue line) and number of total employees (red line)
Finally, the company’s operating profit outlook for Q2: ($340)MM to $10MM. Surely all of the above explains why the stock is experiencing its latest massive short squeeze after hours and why it now proudly trades at a forward P/E multiple of N/M.
(thank you DE Shaw algos).