Quote:
Originally Posted by Nate the great
"Losing it's shirt"? Horsepucky.
Am I the only one that remembers that "We'll make it up on volume" was Amazon's business strategy during the early years when it wasn't turning a profit? It worked then; why shouldn't it work now?
|
No, I remember it well. It's been their model since day one. The .com boom helped keep them afloat during the many years before their first profit. This time, though, they're in the position to fund the bottom end of the curve themselves.