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So revenue is growing but they have an operating loss because of a lot of investments. Isn't this a good thing that should cause people to want to buy more Amazon stock?

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Investments get booked as assets, so they have no impact on profits. This mistake gets made frequently with respect to Amazon.

Many assets have a useful life and must be depreciated, which certainly does reduce accounting profits.

Sure, but I don't think that's what most people are thinking about here.

Figures would look even worse but selling Korean unit exception padded result.

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