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Even today, Amazon's position is surprisingly precarious. It relies on loopholes in tax laws for competitive advantage which, if they are closed, are predicted
by podperson 15y ago
Even today, Amazon's position is surprisingly precarious. It relies on loopholes in tax laws for competitive advantage which, if they are closed, are predicted halve its income.
And there are some analysts who argue that Amazon's "profits" are fictional, with all kinds of losses disguised as investments and hidden in other financial vehicles.
Recall that even today, Barnes & Noble is simply unable to sell you a book as cheaply as Amazon does, either in store or online, even before sales tax.
- lurker19 15y agoAmazon hasn't taken on notable investment or debt in a long time, and vendors and employees still get paid every month. Amazon maybe be making some small fraction of what they claim, but it is certainly a positive fraction, which is the most important consideration for solvency.
- amac 15y agoMaybe excluding Apple, is anyone better positioned in the digital goods market than Amazon?