Jeff Bezos-Led Amazon Almost Ran Out Of Cash 24 Years Ago. At $400B, It Is Now Projected To Have As Much Cash As Apple And Microsoft Combined By 2027: Here's More
Portfolio Pulse from Rounak Jain
Amazon, led by Jeff Bezos, is projected to have nearly as much cash as Apple and Microsoft combined by 2027, with a significant increase in cash reserves expected by the end of 2024. This marks a shift from its historical focus on reinvestment. Wall Street speculates on potential shareholder returns through buybacks or dividends. Amazon's strategic moves include a significant investment by Ark Invest and a large hiring spree for the holiday season.
October 10, 2024 | 10:54 am
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NEUTRAL IMPACT
Apple's cash reserves are projected to be $106.51 billion by 2027, which, combined with Microsoft's, will be comparable to Amazon's projected cash reserves.
While Apple's cash reserves are mentioned in comparison to Amazon's, the news primarily focuses on Amazon's financial trajectory. Therefore, the impact on Apple's stock price is neutral.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Microsoft's cash reserves are projected to be $300.88 billion by 2027, which, combined with Apple's, will be comparable to Amazon's projected cash reserves.
Microsoft's cash reserves are mentioned in comparison to Amazon's, but the primary focus is on Amazon's financial growth. Thus, the impact on Microsoft's stock price is neutral.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
Amazon is projected to have nearly as much cash as Apple and Microsoft combined by 2027, with a significant increase in cash reserves expected by the end of 2024. This could lead to potential shareholder returns through buybacks or dividends.
Amazon's projected increase in cash reserves suggests strong financial health and potential for shareholder returns, which could positively impact its stock price. The strategic moves, including a significant investment by Ark Invest and a large hiring spree, further indicate confidence in Amazon's growth.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100