Amazon Is Loosing Money Again

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Amazon is often criticized by the media for bad working conditions, abusing tax loopholes, and low pay.

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This is nothing new. In fact, Amazon’s retail business has struggled to achieve profitability for its entire lifetime.

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 It turns out that delivering virtually anything to anyone in the world at a record pace is extremely expensive.

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After over two decades, Amazon was finally able to achieve profitability in 2017 and 2018, but as of the last quarter, Amazon’s retail business has slipped back into burning money. 

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Fortunately, Amazon has a cash cow that’s able to make up for these losses called AWS which is a cloud infrastructure service. 

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Amazon stock has always been priced as a growth company that would eventually become super profitable.But, it seems that Amazon will never really grow much past being a low-margin business like most other retailers.

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