Re:Silicon Valley finally has a big electronics retailer aga...
by roughly on Friday May 30, 2025 @09:24PM
(#44141217)
Amazon prices what they can get away with, not what their costs are. Jeff Bezos’s rocketry hobby is a testament to Amazon’s ability to extract surplus.
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Re:Silicon Valley finally has a big electronics retailer aga...
by kaonwarb on Saturday May 31, 2025 @01:00AM
(#44141937)
Almost everyone prices that way - that is how supply and demand works.
Bezos's wealth is ~100% due to stock appreciation, which in turn is tied much more closely to AWS than to the consumer store.
Re:Silicon Valley finally has a big electronics retailer aga...
by sillyfluke on Sunday June 01, 2025 @09:17AM
(#44150654)
I think the point is Amazon cuts costs and reduces price first, prices out the competition through economics of scale, then once competition is eliminated is able to raise prices.