Here's the best part. Bezos has admitted they won't be around forever so let's give the company a generous life span of 50 years. Well they are already almost halfway there and haven't turned a consistent profit.For 20 years they haven't hauled in even one year of actual profits. And this is just now starting to worry the savviest investors?
Here's the best part. Bezos has admitted they won't be around forever so let's give the company a generous life span of 50 years. Well they are already almost halfway there and haven't turned a consistent profit.
Maybe Bezos is thinking (among others) that they the years they do turn profits will be completely insane, Walmart-style levels, and beyond. The longer this continues, though, the more the employees and investors will become impatient.
I agree. Established grocers like Stop & Shop already have the market locked down in most of the county and you want someone delivering your eggs who delivers your lazy boy chair?That seems hard to picture. They already fill our trucks, FedEx's trucks and mail vans. With all of their sales, it's hard to imagine how much larger their sales need to be to make big profits. Some of their ideas to turbocharge their business are far-fetched. Drone shipping? Please...a publicity stunt. Selling groceries? That's a niche move, at best.
I don't think Amazon is going away. But they're going to have to change, eventually.
This is why they are hoping the kindle or some of their in house entertainment make it big.That seems hard to picture. They already fill our trucks, FedEx's trucks and mail vans. With all of their sales, it's hard to imagine how much larger their sales need to be to make big profits. Some of their ideas to turbocharge their business are far-fetched. Drone shipping? Please...a publicity stunt. Selling groceries? That's a niche move, at best.
I don't think Amazon is going away. But they're going to have to change, eventually.