![]() ![]() So, how come analysts now value Amazon's market cap at $248 billion versus Walmart's cap of $233 billion? By sheer numbers, Amazon is just a fraction of Walmart's size. All sounds pretty good until you look at Walmart's last quarter with a profit of $3.34 BILLION on quarterly sales of $115 BILLION. Well, Bezosinga! Amazon reported a profit last quarter of $92 million in contrast to a $126 million loss a year ago. ![]() The by product is that these companies have created new and multiple ways how consumers can connect and consume … they are dominating consumer relationships and engagement across multiple commerce platforms.Īmazon now worth more than Walmart? … Changing rules and metricsīezos has received continued criticism about Amazon investing in the future and not turning a profit. And in turn, our mobility habits are driving huge increases in mobile ad revenue. Consumers are increasingly turning to mobile devices to shop, purchase, and consume media. Another reason they are doing well is because of YOU the consumer. Why are these companies doing so well? One trait that they all share in common is leading the way with innovation. Cramer has been bullish on these internet companies, and they have delivered some impressive returns for investors year to date: It is comprised of the famous four internet stars: Facebook, Amazon, Netflix and Google. Jim Cramer, host of Mad Money on CNBC, is credited for coining the acronym FANG.
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