This One Jeff Bezos Quote Explains Amazon's Post-Earnings Surge
"There are two kinds of companies: those that work to try to charge more, and those that work to charge less. We will be the second."
-- Jeff Bezos. Amazon CEO
Amazon.com (NASDAQ: AMZN) has long worked to offer customers the lowest prices it can, operating at breakeven margins for much of its history and making value the core of its business model. That approach and its benefits have rarely been more apparent than in the company's fourth-quarter earnings report, out Thursday night. The stock jumped more than 10% in pre-market trading Friday morning as the tech giant beat estimates on both revenue and earnings. Here are the big numbers:
Source Fool.com
