Sara Farley
Sara Farley
among certain clear company costs difficult future indirect leverage numbers operating pinpoint product products share specific trends
It is still not clear how the company is allocating indirect costs among product segments, making it difficult to pinpoint where future operating leverage may come from as new products are rolled out. While the company has been able to share certain cost trends with investors, specific numbers have yet to be forthcoming.
began collection company faces holds market partners risk risks shares value
The company faces market value risk in the shares it holds in its partners as well as collection risk on long-term contracts. This quarter, those risks began to be realized.
bring difficult efficiency growth leverage next operating optimal revenue several
While operating efficiency is important, it will take significant revenue growth over the next several years to bring optimal leverage to Amazon's scale-driven model, and revenue growth will be increasingly difficult to achieve.