Submitted by Much_Blacksmith_9865 t3_yibwdr in wallstreetbets
[deleted] t1_iuil8do wrote
Reply to comment by Brawmethius in Visual breakdown of AMZN Q3 FY22 Income Statement by Much_Blacksmith_9865
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Brawmethius t1_iuilvu9 wrote
Apple has about 90B quaterly revenue, Amazon has 130B.
Apple has better margins and lower total overhead. They are better at turning their revenue into profit.
In theory why Amazon got run up to 100 P/E is if they could maintain this revenue stream and bring down their costs they would become more profitable than Apple.
This last Q3 earnings reminded investors that is not in the next year.
[deleted] t1_iuip92u wrote
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