2000 - Jeff Bezos - CEO - Amazon.com - Letter to Shareholders - Cindy Thomas
from Eastside Valor Hosted by Cindy Thomas
AMAZON.com - Letter to Shareholders - 2000 - Jefferey Preston Bezos - Founder & Chief Executive Officer // Future: Real Estate Doesn't Obey Moore's Law // JACINDA THOMAS // Shares are down 80% // We served 20 million customers // Sales grew to $2.76 billion // Pro forma operating loss shrank 6% // Average spend per customer $134 , up 19% // Gross profit grew $656 million from $291 million, up 125% // Cash and marketable securities of $1.1 billion, up $706 million (thanks to euroconvert financing) // Price performance of processing power is doubling about every 18 months (Moore's Law) // Price performance of disk space is doubling about every 12 months // Be Optimistic // ***ps - just having fun learning & practicing, not perfect, but I'm posting anyway :) *** thank you Cindy
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