4 ms·
Maybe Amazon's competitive edge is that its investors don't demand current profits, like the shareholders do of every other company. They can price to break ev
by tuna-piano 9y ago
Maybe Amazon's competitive edge is that its investors don't demand current profits, like the shareholders do of every other company. They can price to break even or lose money.
I think I recall other retailers complaining about competing with a company that doesn't need to make a profit. It does sound difficult, and it is at least a bit quizzical that Amazon gets away with it. Then again, their strategy does seem to have worked.
- devdas 9y agohttp://media.corporate-ir.net/media_files/irol/97/97664/reports/Shareholderletter97.pdf http://media.corporate-ir.net/media_files/irol/97/97664/repo...