alt Hacker News> They literally don’t have the cash to do it.
I don’t understand this? Amazon is a profitable company, on the scale of tens of billions of dollars per quarter. They very literally do have the cash.
Am I missing some subtlety in their financial reporting?
Replies
awesome_dude • today at 7:45 PM
Yeah, a quick Google tells me that Amazon is holding 123 Billion in cash and marketable securities
They have 86.8 B cash but are going to spend 200 B this year.