[fjtorres]

That article is sooo clueless it's not funny.
- Amazon has *always* been scolded by the "investors" for its long-term thinking. Yet their stock price and liquidity never suffers. And the strategy has always paid off. Actual stockholders, rather than the faceless mythical "investors" of the press, understand what kind of company Amazon is and they have never even dreamed of a stockolder revolt.

- iPad readers will "inevitably" gravitate to iBooks even if they "currently" read on Kindle? Really? (Somebody explain lock-in to the dude, please; I don't have the time.)

- Apple and the Price-Fix Five Forced Amazon to raise prices? Yeah, but *only* on the books from the PriceFix Five, not on everybody else's. And those books are a minority.

Amazon has a strategy and they're executing; no reasonable stockholder will have an issue there. If they didn't like low margin retailers they wouldn't be an Amazon stockholder because what Amazon is now is what its always been. They have always marched to the beat of their own drummer. It's gotten them this far and so far they are succeeding in their goals.
The faceless "investors" clearly don't understand the implication of what Bezos is doing and if he is right, that ebooks sales will surpass paperback sales within a year or so those same "investors" are going to be kicking themselves for passing up the chance to jump on the bandwagon. The stockholders, though, I suspect will be quite pleased. (Too bad I'm not one.)