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Crazy, a company that uses its economy of scale to drive down costs, cut prices across the board (TV's, books, AWS) and reinvest those profits in new services a
by twistedpair 13y ago
Crazy, a company that uses its economy of scale to drive down costs, cut prices across the board (TV's, books, AWS) and reinvest those profits in new services and products, continuously. Quite different from the rent seeking companies in the hardware and telco spaces. If Apple and TWC were Amazon, you're iPhone would cost $150 without a contract and you're cable internet would be $10/mo.
- AsymetricCom 13y agoAmazon doesn't have the... 'Washington Infrastructure' to be able to compete at a regulatory level, so they have to compete on price like any other homeless vagabond.
- sudoscience 13y agoAmazon has lobbyists and Obama has given speeches in Amazon fulfillment centers...
- donavanm 13y agoFor PACs in the 2012 cycle Amazons PAC spent $220K, Microsoft spent $2.3M, Oracle $540. In direct lobbying this year Amazon spent $1.7M, Microsoft $5.5M, and Oracle $3.7M. So yeah, Amazon is paying to get representation. But they're still significantly smaller than the "enterprise" folks.