Bill sends in a note from Forbes on Amazon's problem with online sales, ecommerce, having never made money. And now Amazon is testing out retail stores, first in New York City.
Why try brick and mortar?
The pendulum is swinging back.
Feel free to forward this by email to three of your friends.
Why try brick and mortar?
Amazon.com is a great company, a dot.com survivor that has been growing by leaps and bounds. But it has yet to deliver any meaningful profits—even after special items are excluded from the calculations–as evidenced by its most recent earnings report published last week.
Wall Street has taken notice, sending the company’s shares sharply lower in a week when all major equity averages staged a big rally.
The pendulum is swinging back.
Feel free to forward this by email to three of your friends.
1 comments:
Even Youtube is having trouble being profitable:
http://www.wsj.com/articles/viewers-dont-add-up-to-profit-for-youtube-1424897967
Post a Comment