I heard from a few junior developers at my company that Amazon is likely to become the first $4 trillion company, likely by the end of 2019. They said the reasons are that it's doing well in both retail in AWS. I checked the facts and in the last year or so Amazon already quadrupled and hit $1 trillion once, and before that it quadrupled several times, too. As Einstein said, it's insane to expect different results, so it's pretty obvious that Amazon is going to quadruple again based on history. I also checked the financials and Amazon does make money in both retail and AWS, so the junior developers' analysis is sound. For good measure, a new year has also started every year I can remember, so the odds of 2019 occurring in full (and even going into 2020) seems high, even though a few sources online say there might be doomsday risks. Evidence seems clear: Amazon will be $10,000 by end 2019, if not much higher. What do we think, @Amazon? Is this true? Let me know if I'm overthinking this.
Can’t tell if this is a troll or serious post..?
Troll
Do you have any reason why this would not happen? Don't tell me profits or "p/e" or something. That's what all the skeptics say but for Amazon it doesn't matter. "P/e" is like a dying religion in stocks... some people just can't accept the new paradigm of the 2010s (and beyond).
Lol, no
😂
Did you also hear that Jamaica is becoming the new tech capital of the world?
No, I didn't. Is that where HQ2 is going? I figure new tech capital will be whatever Bezos chooses.
Aah, my sarcasm sucks, apparently.
Don’t know using which trend line will lead me to that no. THAT soon. 😂
👏 Good one! Well written. But why did you decide to pick on Amazon? It would have landed even better before Amazon's results brought it down a little bit.
That is why they are junior develops and likely to stay that way.
10,000 is too far up to forecast. But I can see 3000 as being viable
Yes, four digit PE ratio is totally legit
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Quadrillion, bro
Based on historical trend, shouldn't take that long. I figure growth will accelerate over time since Bezos is getting smarter and more experienced in business every day. It's the power of compounding.
Also he’s going to SPACE