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Re:Amazon Analytics Service by ig1 on Friday November 08, 2013 @01:28PM (#6698076)
It's not anything new, conglomerates have existed for a long time before the internet age.

For example consider Sony: Sony Computer Entertainment (gaming), Sony Mobile (phones), Sony Pictures (movies), Sony Music (music), Sony Life (insurance), Sony Bank (banking), Sony Corporation (electronics), Sony Visual (imaging), Sony Medical (medtech)

Re:Amazon Analytics Service by Segmentation on Friday November 08, 2013 @01:51PM (#6698259)
Then there's Samsung, I think they're the largest conglomerate in the world.

My mom would affiliate Samsung with TVs. I'd probably put them with computer monitors and phones.

They also build skyscrapers and power plants (Samsung C&T Corporation), and ships (Samsung Heavy Industries). They also sell Life Insurance in South Korea.

Re:Amazon Analytics Service by yapcguy on Friday November 08, 2013 @06:47PM (#6699883)
In Hong Kong, Asia's richest billionaire, Mr Li Ka-Shing of Cheung Kong Holdings, owns nearly everything. Anything you do or touch in a day makes Mr Li even richer. His wealth is opaque so he is probably right up there with Bill Gates and Carlos Slim for the #1 spot.
Re:Amazon Analytics Service by bpicolo on Friday November 08, 2013 @09:32PM (#6700432)
Bloomberg puts him at $28.8B. Not necessarily opaque.
Re:Amazon Analytics Service by ksec on Friday November 08, 2013 @09:51PM (#6700470)
And he recently admitted that only half of his wealth are in stocks. Which actually puts him near the top spot.
Re:Amazon Analytics Service by sjtgraham on Friday November 08, 2013 @02:34PM (#6698563)
Yamaha: musical instruments, motorcycles, outboard motorboat engines…
Re:Amazon Analytics Service by baddox on Friday November 08, 2013 @07:09PM (#6699974)
Westinghouse: TVs and nuclear reactors.

(Really, that's two separate companies which license the brand from http://en.wikipedia.org/wiki/Westinghouse_Licensing_Corporat...)

Re:Amazon Analytics Service by soneca on Friday November 08, 2013 @03:49PM (#6699051)
I am not from India, so someone can confirm or deny this, but I hear one can pass a whole day on India just consuming Tata products: from your car, to your food, to your clothes, etc.
Re:Amazon Analytics Service by avemuri on Friday November 08, 2013 @04:06PM (#6699161)
Close. As in it's possible, but they don't have dominant market share in many of the industries they have a presence in. Another conglomerate - Reliance - is also in that conversation.
Re:Amazon Analytics Service by avemuri on Friday November 08, 2013 @04:04PM (#6699150)
By market cap, I think it's GE. Depends on how you define conglomerate, but they're pretty diverse - financial services, plastics, aircraft engines, consumer goods...
Re:Amazon Analytics Service by adventured on Friday November 08, 2013 @07:02PM (#6699939)
This is correct. GE has been considered a conglomerate for nearly a century now. GE sports a $276 billion market cap, Samsung is at $194 billion.

I'll say however, that Samsung appears vastly undervalued. GE is trading at about 20 times earnings, Samsung is trading at 20 times just its last quarter alone (and around 5 or 6 times trailing four quarters).

Also worth noting, that despite being more profitable than Apple, Samsung trades at a 60% discount to AAPL.

Re:Amazon Analytics Service by gms on Friday November 08, 2013 @02:34PM (#6698560)
Indeed. Their revenues account for 22% of South Korea's GDP.
Re:Amazon Analytics Service by e12e on Sunday November 10, 2013 @01:20AM (#6705518)
Don't forget Mitsubishi.
Re:Amazon Analytics Service by nostromo on Friday November 08, 2013 @01:34PM (#6698134)
That's kind of my point. Sony became unfocused and muddled.

Fun fact: Twitter is worth more than Sony. Billions more.

Re:Amazon Analytics Service by ewzimm on Friday November 08, 2013 @01:42PM (#6698189)
You should see what Samsung is like in South Korea. It's not unusual to get in your Samsung car and drive down a road built and serviced by Samsung construction to the Samsung mall where you arrive at the Samsung grocery store and fill your cart with Samsung products. It works really well for them and has for years.
Re:Amazon Analytics Service by hrktb on Friday November 08, 2013 @05:44PM (#6699619)
Checked really quickly, Sony's electronics (from computers to cameras) division market cap is a 34.8bn, I have a number of 34.7bn for twitter.

And Sony as a brand is split in different groups depending on the activities (e.g. finance, music production, content licensing, network provider and who know what else). Twitter's not in the same league.

Re:Amazon Analytics Service by Strom on Friday November 08, 2013 @01:54PM (#6698289)
Or you could say that Sony has remained relevant for 67 years. Will Twitter manage to match that?
Re:Amazon Analytics Service by hackula1 on Friday November 08, 2013 @09:11PM (#6700388)
Probably not, but no one could have predicted this of Sony when they started out making tape recorders. The initial product does not seem to matter much on this time scale compared to capital and investment prowess. Twitter looks like it is making a pretty strong start on one of those, but we will see what the future holds. http://en.wikipedia.org/wiki/Sony#History
Re:Amazon Analytics Service by jmduke on Friday November 08, 2013 @01:54PM (#6698292)
Is your definition of 'worth' based on market cap? I'd imagine the enterprise value of the two companies tell a different story (though I've heard some dark news about Sony in recent years, aren't they still posting billion-dollar profits?)