[+ object] 1  He quit his job. 2  She quit college after one semester. 3  She decided to quit show business. 4  He quit teaching after five years.
Figure 1 shows that the average customer now spends $313 per year at Amazon.com on 3P and Amazon direct merchandise combined. Figure 1: Customer Annual Retail Spend on Amazon per Active Account. Figure 2 shows the growth rates of both customer spending and total active customer accounts for Amazon since CY09 Q4.
Therefore, according to this valuation model, Amazon should trade at $109.83. The stock is currently trading at a significant premium to its fair value. Even with the lofty expectations and a low discount rate, the stock is massively overvalued and expensive.