Dear Shareholders

Amazon - 2001


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Show Notes:

  • Amazon's business strategies in 2001. 0:00

    • Amazon prioritized growth and cost reduction in 2001, achieving balance between the two in the fourth quarter.

    • Company's financial performance and growth. 1:39

      • Amazon exceeded goals with $59M pro forma operating profit and 35M in net profit, with sales growing 13% and international sales up 74%.

      • Customer satisfaction and experience at Amazon. 3:13

        • Amazon obsesses over customers, scores high on satisfaction index.

        • Amazon prioritizes eliminating errors to improve customer experience and save money.

        • Using cash flows to determine stock value. 6:20

          • Speaker 2: Cash flows are key to determining stock value, with forecasting future cash flows and share count crucial for investors.

          • Amazon's financial performance and long-term growth strategy. 7:46

            • Jeff Bezos, founder and CEO of Amazon, discusses the company's focus on generating sustained free cash flow through its e-commerce leadership and commitment to long-term shareholder value.

            • Bezos highlights the company's innovation and operating leverage, and expresses gratitude for the support of shareholders and customers.

            • ...more
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              Dear ShareholdersBy Brock Briggs