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I find the "just because it's big" argument uncompelling because Amazon has only a slightly smaller valuation on a much higher multiple.
by snowwrestler 8y ago
I find the "just because it's big" argument uncompelling because Amazon has only a slightly smaller valuation on a much higher multiple.
- Spooky23 8y agoAmazon’s objective is domination of all retail. Apple sells stuff with services. Apple is a better business in every dimension, but the Wall St types love the promise of Amazon.
- earenndil 8y ago> Apple is a better business in every dimension Depends on how you qualify 'better'. Amazon certainly has more room to expand.
- xapata 8y agoBecause Walmart shows how much retail dominance is possible. It's easy to imagine Amazon getting bigger.