3 ms·
WMT is written off way too easily on these forums. It makes more in profits per year than AMZN probably has it's entire history. And I certainly think it's go
by addicted44 9y ago
WMT is written off way too easily on these forums.
It makes more in profits per year than AMZN probably has it's entire history.
And I certainly think it's gonna be a lot harder for AMZN to replicate WMT's network of retail stores (which double up as warehouses) than it would be for WMT to replicate any of AMZN's online efforts.
In addition, by being a "retailer" WMT also avoids getting into competitive fights with the likes of Apple, Google and Microsoft, all major platform owners, and can instead better partner with them.