Re:Amazon is the new Walmart
by WheelsAtLarge on Sunday August 06, 2017 @05:43PM
(#14943748)
True the stock is at an extreme price. But it's here to stay. Amazon has shown that they can expand their vision outside retail. I suspect that in time they will find a business model where their margins will be greater. It's a long shot but many people are hoping they find it. Hard to bet against Bezos.
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>hey will find a business model where their margins will be greater
That's not possible. Large scale retail can't be large margin business.
Innovation and productivity increases are directed towards profit making with small margins. Amazon is in good position of dominating markets with cost cutting and staying profitable with smaller margins than competitors.
The stock price is ridiculous.