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I guess we have to disagree about the Air. I don't think it revolutionized computing, but it was a huge shift for notebooks. And grabbing market share with no
by greedo 14y ago
I guess we have to disagree about the Air. I don't think it revolutionized computing, but it was a huge shift for notebooks.
And grabbing market share with no foreseeable plan for decent profits seems hard to sell, but Wall St. seems to love Amazon.
- jerf 14y agoOf course Amazon has a plan for profits. They've all but spelled it out, sell the hardware to sell the services. "They don't have a plan" != "I don't think their plan will work", or whatever else you've got on the right side of that !=.
- greedo 14y agoI meant in more general terms for Amazon. Their margins are incredibly low, their P/E ratio is way out of whack, and they seem to epitomize the old "we'll make it up on volume" angle that proved so helpful in 2000. Maybe they just want to be like a grocery chain that ekes out a 1-3% margin. But if that's the case, Wall St. won't be happy. Wall St. expects outsized profits based on their P/E ratio.