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15:37
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Originally posted by baldynumbers:
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I know how to read financial reports... got a degree and everything. Have you seen me try and correct anything about your Atlassian claims? I do note that it is a growth company however.. currently AGL is anything but that.It took 14 years for Amazon to make cumulatively as much profit as its first $1 billion plus quarter, when it reported $1.86 billion in net income for fourth quarter 2017. Jeff Bezos focussed on long term revenue growth and dominating the market which resulted in Amazon becoming one of the worlds most valuable companies and Jeff Bezos one of the richest men in the world. A $500 investment in Amazon in 1997 would be worth $568,620. By comparison Commonwealth Bank returned about 8% per annum over the last decade.
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