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David. said...

Shira Ovide's How Amazon’s Bottomless Appetite Became Corporate America’s Nightmare concludes:

"Amazon is far from invulnerable. All the same old red flags are there—a puny 2.7 percent e-commerce profit in North America, massive outlays to establish delivery routes abroad—but few are paying attention. Anyone buying a share of Amazon stock today is agreeing to pay upfront for the next 180 years of profit. By one measure, it’s generating far less cash than investors believe. And its biggest risk may be the fear of its power in Washington, New York, and Brussels, a possible prelude to regulatory crackdown." [my emphasis]

Mar 15, 2018, 4:35:03 AM

Posted to It Isn't About The Technology