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No one is claiming the end is near for Amazon. That's a strawman. But it's clear from the earnings release that the business is experiencing strong headwinds in
by green-eclipse 4y ago
No one is claiming the end is near for Amazon. That's a strawman. But it's clear from the earnings release that the business is experiencing strong headwinds in multiple areas of the empire. Amazon closed out its slowest year of growth in its quarter century as a public company.
And Amazon does care about the stock price. If they didn't, they wouldn't issue guidance to Wall St analysts every quarter about expected revs and earnings. Not all big tech companies issue guidance. Apple stopped doing it several years ago. Google has never issued guidance. Maybe Amazon didn't care about the stock price a decade ago, but that's definitely not the case now.
- manv1 4y agoI suppose you haven't been reading the normal press.