12/19/2023 0 Comments Amazon buy 2 get 1 free booksGood Boundaries & Goodbyes – Lysa Terkheurst DVD’s The Going to Bed Book– by Sandra Boynton – always one of our favorite children’s books! Adult books: Llama Llama I Love You Book– these llama books are so cute! Pop-Up Peek-A-Boo I Love You Board Book – another fun one for Valentine’s! Guess How Much I Love You book– perfect for Valentine’s Day! This is available for a limited time! Here are just a few items we found with the sale: Kids Books: But there may be other participating books, too, you’ll just need to look up any books you’re interested in & see if it has a green “Save 50% on 1 when you buy 2” banner on the book. There are lots of options of books, perfect timing if you want to grab a gift idea for Valentine’s Day or set aside some books for gifts for birthdays coming up.įind the participating books here– you’ll find kids & adult books. Buy the stock now for the cloud computing business, and get Amazon's e-commerce ecosystem as a "free" bonus.Amazon is having a book coupon offer with Buy 1 Get 1 50% off book purchase at Amazon. That's especially true if AWS continues to grow and churn out a high level of profits along the way. If you believe the e-commerce segments' red ink will be temporary, this stock looks mighty cheap. What I'm saying here is that AWS is the workhorse that's driving Amazon's financials, but Wall Street seems hyperfocused on the e-commerce segments that have temporarily fallen into loss-generating territory. Nevertheless, even at these slim margins, Amazon's e-commerce (and related services) juggernaut can generate significant cash given the hundreds of billions in sales it does every year. Even in mid-2021 when e-commerce was still going full-force during the pandemic, North America and International generated trailing 12-month operating income margins of just 4.4% and 1.9%, respectively (compared to an operating margin of 29.4% for AWS). Sure, as stand-alone e-commerce businesses, they are no AWS. What seems off to me is the current valuation seems overly focused on operating losses in the North America and International e-commerce segments. But not an unthinkable one considering this is a massive computing technologist that still grew its operating income at a 45% pace over the last year. But here's where things get interesting: If AWS were a stand-alone stock right now and still valued at $1.14 trillion, it would currently trade for 51 times trailing 12-month operating profit (based on AWS operating income of $22.4 billion). Shares are down over 40% from their all-time high as of this writing.īuy one AWS, get an e-commerce empire freeĪfter enduring market punishment, Amazon has an enterprise value of $1.14 trillion. The market seems to be following this headline number and has punished Amazon stock accordingly, while overlooking the fast-and-steady advance of AWS. Nevertheless, operating profit overall has been cut in half over the last year because of North America and International slipping back into the red. Thanks to continued rapid growth in AWS, the cloud segment now makes up nearly 15% of revenue and is the only segment generating positive operating income. Things have changed dramatically this year as e-commerce has slowed, and Amazon has begun investing heavily to promote its next run of growth. In the first half of 2021, AWS generated over half of Amazon's overall operating profit, even though it accounted for just 12% of total revenue. Trailing 12-Month Operating Income (Loss) Q2 2021 Trailing 12-Month Operating Income (Loss) Q2 2022 That's the job of AWS, the high-tech cloud titan that's still booming and ridiculously profitable. As impressive as these businesses are, Amazon's e-commerce empire doesn't really pay the bills for shareholders these days. North America and International are largely consumer-facing e-commerce businesses, with some lucrative services like digital ads riding sidecar. The problem is these operating segments couldn't be more different. It's a particularly hard case due to how the company attributes its revenue and operating income (or in the case of 2022, operating losses - more on that in a minute).īroadly speaking, sales and operating profit are broken down into "North America" and "International" (which are further segmented into online and physical store sales, third-party seller services, advertising, and subscriptions), and also "AWS." Valuing different business segments can be hardĪs has always been the case with giant and complex businesses, Wall Street has a difficult time getting a handle on how to value Amazon.
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