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Old 10-25-2011, 07:43 PM   #3
frahse
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Join Date: Sep 2011
Location: Wandering God's glorious hills, valleys and plains.
Device: A Franklin BI (before Internet) was the first. I still have it.
Quote:
Originally Posted by kjk View Post
http://www.businessinsider.com/amazo...rnings-2011-10


Sounds like Amazon is in the tablet business for the long haul-Bezos has never been afraid to take losses upfront for his future vision.
Quote:
Originally Posted by SensualPoet View Post
An unsung story for Amazon is the amazing number of jobs they are creating and HAVE created in the past 18 months as they have expanded the number US-based distribution centres.

I'd be a little cautious that they can have such vast revenues and not turn that into actual profit. At some point, they need to ease off on the investment a bit and let the profits catch up. They have a unique opportunity in the online streaming space and now is the time to seize that opportunity (which is what Kindle Fire is all about) so I don't begrudge them. Still ... they need to do better on retaining some profits.
Don't you just love the sound of the "die" rattling in the cup?

No. Jeff Bezos isn't gambling. He is just planning and playing big. The problem would be if he didn't have enough to cover the move.
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