Amazon Just Can't Win

from the don't-even-try dept

Sometimes it seems like Jeff Bezos just can’t win. While he’s done quite well for himself, Wall Street always finds something to complain about. Early on, during the boom years, Wall Street kept complaining that he wasn’t growing the company fast enough. So, he grew it faster. Then, when the bubble burst, suddenly, everyone on Wall Street started screaming that Amazon was dead because it didn’t show any profits… so, Amazon started showing profits. Once that happened, people started complaining that, even with the profits, Amazon was no Walmart. Yet now, just a few years later, suddenly analysts are worried that Amazon is too much like Walmart. They’re complaining that, unlike other internet companies, Amazon has fairly tight margins, and thus shouldn’t be compared to the Googles, the Yahoos and eBays of the world. This whole discussion, of course, is completely ridiculous. Of course their businesses and margins look different. They’re in different businesses. Admittedly, Amazon is moving more towards some more traditional internet style businesses with their A9 search engine, but all of the other businesses are middlemen internet businesses — connecting things. Amazon is a retailer business — selling things. Anyone (including analysts) suddenly realizing the companies are in different businesses, probably has no business investing.

Rate this comment as insightful
Rate this comment as funny
You have rated this comment as insightful
You have rated this comment as funny
Flag this comment as abusive/trolling/spam
You have flagged this comment
The first word has already been claimed
The last word has already been claimed
Insightful Lightbulb icon Funny Laughing icon Abusive/trolling/spam Flag icon Insightful badge Lightbulb icon Funny badge Laughing icon Comments icon

Comments on “Amazon Just Can't Win”

Subscribe: RSS Leave a comment
1 Comment

Add Your Comment

Your email address will not be published. Required fields are marked *

Have a Techdirt Account? Sign in now. Want one? Register here

Comment Options:

Make this the or (get credits or sign in to see balance) what's this?

What's this?

Techdirt community members with Techdirt Credits can spotlight a comment as either the "First Word" or "Last Word" on a particular comment thread. Credits can be purchased at the Techdirt Insider Shop »

Follow Techdirt

Techdirt Daily Newsletter

Techdirt Deals
Techdirt Insider Discord
The latest chatter on the Techdirt Insider Discord channel...