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A comment on Amazon and the “profitless business model” fallacy (2013). Parent comment

Re:Amazon and the “profitless business model” fallacy (2013) by TaylorAlexander on Thursday December 23, 2021 @05:21PM (#29667169)
There’s so much news where people read a headline and believe it uncritically. I always thought it was silly that people accused Amazon of being unable to make a profit when they were obviously intentionally investing their would-be profits in to growth.

A lot of people don’t really care if what they say is accurate.

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Re:Amazon and the “profitless business model” fallacy (2013) by nerdponx on Thursday December 23, 2021 @06:21PM (#29667747)
I wonder if the "they aren't profitable" myth is strategically beneficial to promulgate.
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Re:Amazon and the “profitless business model” fallacy (2013) by pempem on Friday December 24, 2021 @12:25AM (#29670567)
Those accusations and headlines, I would argue, came from competitors who were unable to find the same trust and leniency from the market and needed to show a profit every earnings call.
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