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Further Proof That Amazon Won't Ever Make A Lasting Profit

After beating analyst estimates for Q4 and surging nearly $43 the next trading day, (NASDAQ:AMZN) is probably further away from a lasting profit profile. A previous article - Why Amazon Is Likely To Never Make A Profit - highlighted how competition was joining the fray, yet Amazon doesn't produce meaningful profits. The prime reason being the astonishing market valuation of Amazon in general, and the huge $20.6 billion gain due to a small profit sure help embolden the competition into the…