Amazon's endgame is to become the retailer, the only one.
It's customers are fucking g happy. What's the end game you're talking about? Have you invested into them? As a customer I LOVE them. As a student, I studied them in HBX.
In 2015, Amazon made $596,000,000 on revenues of $107,006,000,000, or a profit margin of 0.6%. In 2012 and 2014, it lost money. How long should investors wait to see a real profit? Should they expect revenue growth to continue indefinitely?
How much profit should they make?
If there was a machine where you could insert a 20 dollar bill and it spit out the 20 and an additional 12 cents, would you not use that machine?
How much would you pay to buy one?
Except that if you buy the Berkshire Hathaway machine you'll put in $20 and get back a dollar.
I dunno, how much money would you keep in a savings account that yields 0.5% APR?