Sara Farley Leverage Quotations

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.

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.