Is it April Fool's Day again already? Or did Amazon just not get the memo that no one wanted or wants a 3D phone?
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Amazon Developing New Hardware Products Including a 3D Smartphone and a Streaming Music Player
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Why the retina specifically? All they need to track is the general position of the viewer's eyes. It's like they're trying to confuse people on purpose, like people aren't confused enough by what a retina display is...
What is its focus on, then? Augmenting customer base? Integrating multiple services in one place for customers? Gathering customer info?
In any case, at SOME point, whatever their focus is on, it needs to bring in some money (profits), otherwise, at SOME point the bank, investors and stockholders will just get tired and kill the company, because what they want IS money.
Not sure why anyone would want to invest in a company that doesn't care about earning a profit. Why are they a public company then.
Well, I guess those investing into Amazon (ie, buying their shares) have as a goal to get a return on their investment. And a company that would keep loosing money eventually would get into negative equity and could then be taken over by its creditors.
So Jeff Bezos became a billionaire by producing losses?
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Not sure why anyone would want to invest in a company that doesn't care about earning a profit. Why are they a public company then.
Some people are in this business for the long run, not some short term goals like making a fast dime.
As I said - go read.
I'll repeat it again shall I. Amazon's business focus is nothing to do with increasing profits.
Obviously they have to survive, and do so pretty well. But increasing profit is not their goal.
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Put simply, if you invest in Amazon to get profits, your a fool. They will not bow down to investors just to make a quick buck.
What does being profitable have to do with short term goals or making a fast dime? I assume most, if not all, public companies are interested in being profitable.
Amazon knows (as does Apple) Ecosystem = everything.
Making money off of devices is Apple's gig. Amazon wants more of a reason to get you hooked into their ecosystem.
They already have a great reason for you to buy all your ebooks from them. Amazon prime has expanded a lot in the last year. Music and apps - the best way to capture that market even more than they do now is to have mobile devices (not just kindles) that can play music and apps. So that means phones and iPod like devices.
No brainer.
Making money off of devices is Apple's gig. Amazon wants more of a reason to get you hooked into their ecosystem.
They already have a great reason for you to buy all your ebooks from them. Amazon prime has expanded a lot in the last year. Music and apps - the best way to capture that market even more than they do now is to have mobile devices (not just kindles) that can play music and apps. So that means phones and iPod like devices.
No brainer.
Ok what's the point of investing in Amazon then? And what is this nonsense about making a quick buck? Amazon has been a public company since May 1997, and still is barely turning a profit. Apple earns more profit in one quarter than Amazon has in 16 years of existence. Why in the world is Amazon a public company if they don't care about turning a profit?
What you fail to mention is that you have to use Amazon software or their website. And their computer software sucks big time. It really is horrible.
And don't say that you can download the music and play it elsewhere, even though that is true. But, it's also true with music from the iTunes store.
It's great to see them do more for their ecosystem. I've been a Prime subscriber for going on 3 years now and I don't plan on canceling any time soon.
Yeah but are they even making any money off their ecosystem?
http://www.fool.com/investing/general/2013/04/26/prime-is-killing-amazons-profit.aspx
Or it doesn't matter because Amazon isn't in business to make money and that's totally ok...
Why would anybody invest in a publicly traded company? For fun? If you buy stocks for fun, then you would be the fool.
Apparently, yes.
Ask Dell and HP how well pricing for market share and not profit works out in the "long run."
Nothing makes sense anymore.
yes, money certainly does come into their business plan. i guarantee it.
corporations have one business goal -- make profit. profit is the air companies breathe. all companies.
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youre quite misguided. apple does not intend for normal consumers to upgrade every year, nor do most consumers actually do that. phone nerds do. thats it. normal people wait at least the 2 years of their contracts here in the US.
doesnt mean they shouldn't continue to release improved models annually -- just as laptops, stereos, TVs, and cars do. none of those manufacturers expect you to upgrade to each one annually. only a fool or the insanely wealthy would do so.