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Amazon doesn't make any money. <$7mil> on $15Bn revenue. No point in being in that game. Earnings aren't the sole determinant of whether a company is a worthwh

• rayiner 13y ago
  The difference is that Amazon is in a market with enormous barriers to entry, and as an Android vendor Nokia would be in a market that a dozen Chinese and Korean companies are already competing in. Amazon will make tons of money, even if at relatively low margins, when it grows to Wal-Mart size. Nokia can't even hope to become the Wal-Mart of cell phones. Being an Android vendor is like being a PC vendor. Acer, Lenovo, etc, not only do they not make any money, but they have no hope of dominating the market and winning on volume the way Wal-Mart does and Amazon hopes to do. It puts food on the table, I guess, but if I were a Nokia shareholder I'd rather they just liquidate and return their capital than take that course of action.