3 ms·
To answer some points: In 2008, revenue grew 29% to $19.17 BN. You can go back over the past 5 or 10 years and nit pick, but the numbers are all solid and withi
by alexdmoore 17y ago
To answer some points: In 2008, revenue grew 29% to $19.17 BN. You can go back over the past 5 or 10 years and nit pick, but the numbers are all solid and within the ranges mentioned. I used 15% in the article over 20 years to express my confidence in ecommerce overall and in Amazon's ability to capitalize. The thrust of my argument is changing consumer behavior, but also a strong long position on the value of computer science. Amazon will leverage CS and technology generally better than all competitors. I stand by my claims. The data backs it up. I am confident current trends will continue because the underlying phenomena is so powerful.