Just for comparison - photos from Gearbest
http://www.mobile-review.com/articles/2016/how-it-works-gearbest-2.shtml
If nothing helps, do that Apple is doing
On February 10, 2016, the Board of Directors authorized the Company to repurchase up to $5 billion of the Company's common stock. The program allows the Company to repurchase its shares opportunistically from time to time when it believes that doing so would enhance long-term shareholder value. The repurchase authorization does not have a fixed expiration. Purchases may be effected through one or more open market transactions, privately negotiated transactions, transactions structured through investment banking institutions, or a combination of the foregoing. This stock repurchase authorization replaces the previous $2 billion stock repurchase authorization, approved by the Board of Directors in 2010.
German labour union Verdi has announced Amazon Germany's employees will go on strike during the Christmas holiday
More and more people:
The company reported net revenue of $25.4 billion and net income of $79 million, or $0.17 a share. That means revenue grew 24 percent compared with the same period last year, while income swung positive from a net loss of $437 million, or $0.95 a share, in the year-ago quarter. AWS reported $2.1 billion in revenue and $521 million in profit. That's a 78 percent rise in revenue and 432 percent rise in profit over last year. Overall, AWS now accounts for around 8 percent of Amazon's total revenue, but nearly half of its total profits, which puts it close to matching the performance of its entire North American e-commerce division.
This is why this guys love clouds :-)
The sad truth about the nature of modern cutthroat business is....it's the consumers fault. We want...we want...we want. And that's not even talking about the public's complete abandonment of any political responsibility . The banksters have taken over, and will continue to do so....until the people stop participating. And that's why workers are robots, and will continue to be so...until they're replaced by robots. The whole scenario is apocalyptic .
Management tried to respond, but fucked up
https://medium.com/@jaycarney/what-the-new-york-times-didn-t-tell-you-a1128aa78931
As the story noted, our reporters spoke to more than a hundred current and former employees, at various levels and divisions, over many months. Many, including most of those you cited, talked about how they admired Amazon’s ambitions and urgency even as they described aspects of the workplace as troubling.
https://medium.com/@NYTimesComm/dean-baquet-responds-to-jay-carney-s-medium-post-6af794c7a7c6
In Amazon warehouses, employees are monitored by sophisticated electronic systems to ensure they are packing enough boxes every hour.
A woman who had thyroid cancer was given a low performance rating after she returned from treatment. She says her manager explained that while she was out, her peers were accomplishing a great deal. Another employee who miscarried twins left for a business trip the day after she had surgery. “I’m sorry, the work is still going to need to get done,” she said her boss told her. “From where you are in life, trying to start a family, I don’t know if this is the right place for you.”
Revenue from e-books leveled off in 2013 at $3 billion after increasing nearly 50 percent in 2012, according to BookStats. But Kindle Unlimited is making the glut worse, some writers say.
The program has the same all-you-can-eat business model as Spotify in music, Netflix in video and the book start-ups Oyster and Scribd. Consumers feast on these services, which can offer new artists a wider audience than they ever could have found before the digital era.
Some established artists, however, see fewer rewards. Taylor Swift pulled her music off Spotify this fall, saying it was devaluing her art and costing her money. “Valuable things should be paid for,” she explained.
Holly Ward, who writes romances under the name H.M. Ward, has much the same complaint about Kindle Unlimited. After two months in the program, she said, her income dropped 75 percent. “I couldn’t wait and watch things plummet further,” she said on a Kindle discussion board.
Up To 75 Million Items Were Slashed To A Penny During The Amazon Price Glitch
Amazon is just the tool." The tool to transfer money out of their country?
No, they do not need such tool. It is just tool to control markets.
" Amazon is just the tool." The tool to transfer money out of their country?
Such kind of "growth" fooled investors during the "new economy" bubble 14 years ago, and it still seems to work pretty well for Amazon and a few other companies. But one day investors will want to see profits, and that's then be the beginning of the end of companies like Amazon.
I am sad to upset you, but checking owners of Amazon it seems that they do not need any profits. Amazon is just the tool. They can get any amount of money without so much hassle as selling things :-)
Want to grow the revenue of your start up company? So easy: Just ask people for a 10$ bill for giving them back a 20$ bill. Sure, that's not profitable, but you'll find plenty of new "customers", and your revenue will skyrocket.
Such kind of "growth" fooled investors during the "new economy" bubble 14 years ago, and it still seems to work pretty well for Amazon and a few other companies. But one day investors will want to see profits, and that's then be the beginning of the end of companies like Amazon.
For the third quarter, Amazon posted a net loss of $437 million, more than 10 times wider than the $41 million loss from a year ago.
Huge losses will continue in the fourth quarter, Amazon said. The company projected losses as high as $570 million for the fourth quarter, and revenue of $27.3 billion to $30.3 billion.
Michael Tamblyn on Amazon
Amazon is, among other things, a machine designed to optimize product prices in order to gain share and sales. AMZN, like every retailer that reaches a certain size, turns to its suppliers to grow profitability by demanding more favourable terms.
That graph is kinda nuts!
ya'll are missing the juiciest -
http://www.huffingtonpost.com/norman-solomon/under-amazons-cia-cloud-t_b_4467265.html
Net sales increased 23% to $19.34 billion in the second quarter, compared with $15.70 billion in second quarter 2013. Excluding the $237 million favorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales grew 22% compared with second quarter 2013.
Net loss was $126 million in the second quarter, or $0.27 per diluted share, compared with net loss of $7 million, or $0.02 per diluted share, in second quarter 2013.
http://phx.corporate-ir.net/phoenix.zhtml?c=97664&p=irol-newsArticle&ID=1951180&highlight=
Amazon.com Inc later this year plans to launch a marketplace for local services, a broad term that encompasses anything from babysitters to handymen to birthday clowns, beginning with a single market, several people familiar with the matter said.
Don Corleone: I'm gonna make him an offer he can't refuse.
As Publishers Fight Amazon, Books Vanish
Amazon’s power over the publishing and bookselling industries is unrivaled in the modern era. Now it has started wielding its might in a more brazen way than ever before. Seeking ever-higher payments from publishers to bolster its anemic bottom line, Amazon is holding books and authors hostage on two continents by delaying shipments and raising prices. The literary community is fearful and outraged — and practically begging for government intervention. . . . No firm in American history has exerted the control over the American book market — physical, digital and secondhand — that Amazon does..
Writers Feel an Amazon-Hachette Spat
Amazon’s secret campaign to discourage customers from buying books by Hachette, one of the big New York publishers, burst into the open on Friday.
Among Amazon’s tactics against Hachette, some of which it has been employing for months, are charging more for its books and suggesting that readers might enjoy instead a book from another author. If customers for some reason persist and buy a Hachette book anyway, Amazon is saying it will take weeks to deliver it..
http://www.nytimes.com/2014/05/10/technology/writers-feel-an-amazon-hachette-spat.html
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