Amazon Goes on the Offensive
from the doing-just-fine,-thank-you-very-much dept
After tons of downgrades and questions about their ability to survive, Amazon.com went on the offensive today explaining to analysts why they’re doing just fine and there’s nothing to be worried about. They have a lot of cash, they have a great brand name, they’ve worked out plenty of systems to better their margins. I tend to agree that Amazon isn’t as bad as people are making them out to be these days, but it would still help to show a couple of quarters where at least some of their bigger sections are clearly profitable.