Amazon Joins Apple as World's Second Trillion Dollar U.S. Company

[rafark]

Foxconn is not owned by Apple and Apple most likely was conned by Foxconn executives into believing that employees were treated well since Apple clearly would not want their devices regarded the same as blood diamonds.

Pfft! sorry to disappoint but they are well aware of the treatment the Factory employees making their phones have. They care not. The benefits of cheap labor + ability to mass produce far outweight the drawbacks of a bad image from cheap hiring in china. They also didn't care gays and women are killed in the middle east when they opened stores there and even received one of their princes at the Apple campus.

They are after the money just like everyone else.

 

[dilbert99]

I don't get the market's infatuation with Amazon and their paper thin margins. Here is a little comparison via CNBC:

[Apple] generated a $48.35 billion profit during its fiscal 2017 and made $13.8 billion in net income during the March 2018 quarter, while Amazon's total net income since inception is about $9.6 billion.
​

Apple, made more profit in one quarter than Amazon has made...ever.

​

Apples Greed! Say no more.

 

[Vash108]

Maybe it can afford to pay some of its taxes now...

US companies pay their fair share in Taxes? This is America sir, what are you thinking?

 

[Baymowe335]

Wow, Amazon's share prices are $2000 compared to Apple's $200? That's surprising.

That said, Amazon haven't had a stock split, though even with that in account it's still a huge difference. It just shows how comparatively low Apple's market valuation is.

Share price and valuation are not related.
[doublepost=1536154824][/doublepost]

I don't know about low market valuation for Apple...

Amazon has much more diversity, and a stronger position. A portfolio of selling millions of types of products, the Sam Walton approach with a new delivery system.

Everything Apple has, and growth, is HUGELY dependent on one product, iPhone. Can continue to make them, or break them.

Amazon’s valuation is entirely based on growth, not earnings. Apple has $250b in cash, the largest buyback in corporate history, and $60B/yr in net income. Amazon doesn’t buyback shares, has almost no cash, and currently makes about $5B/yr in profit....not even a tenth.

Apple trades on fundamentals (and is still cheap based on them) while Amazon trades entirely on the future potential.

Amazon isn’t diversified. They are an online retailer with razor thin margins and the leader in the cloud, which is likely headed toward commodity status and intense competition from Google,IBM, and Microsoft.
I like Amazon, but they don't have a better competitive position than Apple, make a tenth of the profit, and trades at nosebleed levels versus Apple.

BTW, Apple is growing high double digits overall and had a services Biz far bigger than Prime growing at 30%. The hardware sales are no longer the story.
[doublepost=1536156357][/doublepost]

Carl Icahn probably still thinks Apple's undervalued. Probably wouldn't be happy until Apple's stock priced raised to BRK-A levels (currently 316900 as I write this). Since market cap = stock price * outstanding shares, that means Apple would be worth over $1,500 trillion.

Icahn sold at $90 and his opinion is worthless.
[doublepost=1536156472][/doublepost]

The fourth largest annual budget item is paying just the interest accrued on the national debt. To be clear, that $310B budget item isn't paying off any of the debt, it's just paying to kick the can down the road one more year, at which time we will do the exact same thing again except it will be even bigger.

To put that $310 billion interest payment in perspective, NASA's 2018 budget is $19 billion and the US Army's 2017 budget was $148 billion. It seems like a "big deal" to me.

It really isn't. The US debt is about 1X GDP. Japan's debt is about 2X GDP...both great nations.
[doublepost=1536156787][/doublepost]

It's easy, you are worth what you are worth, not what you earned last year. That's because Amazon reinvested every damn penny for many years so they could expand. There's no way people stops buying in internet, and they are the biggest online retailer by far. They are one of the two main cloud service/computing business (other is Microsoft with Azure). And now they are getting into producing media content, and getting physical business.
On the other hand if Apple ****s up bad with iPhone (unlikely but possible) or happens to live the same situation Nokia lived years ago when they were the giant and got obliverated in a single year, they have nothing else to remain on top. Macs, iPads or accessories won't save them.

You make it sound like Amazon doesn't have retail competition (online and otherwise). Retail is a terrible business. In the end, if you can get your stuff from Retailer X for cheaper and faster, you will likely buy from that retailer. There is no competitive advantage if Walmart offers free shipping from a local store or even same day could pressure Amazon. Walmart is going to leverage their physical retail stores for delivery and convenience. This is a huge advantage over Amazon.

See Walmart's last quarter? They are doing extremely well and are a competitor to be reckoned with for Amazon.

From a cloud perspective, Amazon has to fight with IBM, Microsoft, and Google...all 3 strong competitors. Cloud is also largely a race to the bottom.

Again, I like Amazon...I use it a lot, but I don't like their valuation and I wouldn't say they have either of their major businesses to themselves. Retail is vicious. Walmart did $500B in sales last year. Amazon did $175B.

 

[itguy06]

If you do exact product search in Amazon, they hike the prices somehow knowing that you are in need of it and might as well go for it. In my place, all Product Search Starts and Ends with Amazon manipulated prices....Really scary though!

Been well documented what Amazon does for prices. They love to scam their users and then have them thank them for it (Prime). Plenty of other, better places to shop.
[doublepost=1536157570][/doublepost]

Amazon isn’t diversified. They are an online retailer with razor thin margins and the leader in the cloud, which is likely headed toward commodity status and intense competition from Google,IBM, and Microsoft.

Just read an article the other week that Microsoft is outgrowing Amazon in the cloud. I'm no fan of MS but that's a good thing, as Amazon's cloud is quite expensive and has a lot of lock in.

You make it sound like Amazon doesn't have retail competition (online and otherwise). Retail is a terrible business. In the end, if you can get your stuff from Retailer X for cheaper and faster, you will likely buy from that retailer. There is no competitive advantage if Walmart offers free shipping from a local store or even same day could pressure Amazon. Walmart is going to leverage their physical retail stores for delivery and convenience. This is a huge advantage over Amazon.

See Walmart's last quarter? They are doing extremely well and are a competitor to be reckoned with for Amazon.

Been doing a lot more online Walmart shopping. Great that with no membership fees I can get stuff in 2 days or pick it up on the way home. Just the other week I ordered some stuff from Walmart on a Friday afternoon. All needed to be shipped. Could have had it to my door on Saturday or pickup in the store Monday. Monday worked better as we were away for the weekend. Contrast that to an order from Amazon that my wife placed. Took over a week to get to us as we refuse to pay for Prime. I've also found better prices on Walmart for many things.

 

[fairuz]

Nothing against Bezos except that whatever deal he has with the USPS is extremely shady. The numbers show that they're shipping Amazon's packages at a loss. They even deliver on Sundays!

Amazon owes its success to its "fast n' free" shipping that has made them a superior choice for online shopping, but it only works because their shipping is so cheap, so it's annoying to see them reach $1T valuation. I don't think they're even very innovative tech-wise. But I'm glad it's a US company doing do well.

 

[GGJstudios]

Amazon has much more diversity, and a stronger position. A portfolio of selling millions of types of products, the Sam Walton approach with a new delivery system.

Everything Apple has, and growth, is HUGELY dependent on one product, iPhone. Can continue to make them, or break them.

That is not true. Even if you remove iPhone from Apple results, they still generate about 4 times the profit of Amazon. I wouldn't say Amazon has much more diversity, either. Yes, the products they sell are diversified, but that still represents just one business model: online retailing. I know Amazon has other revenue streams, but Apple's "services" category and its "other" category both produce more profit than Amazon does from its entire operation.

 

[fairuz]

Been well documented what Amazon does for prices. They love to scam their users and then have them thank them for it (Prime). Plenty of other, better places to shop.

I think a user who's thankful for being scammed wasn't scammed. There are other places to shop, but Amazon is the best for many items.
[doublepost=1536159483][/doublepost]

That is not true. Even if you remove iPhone from Apple results, they still generate about 4 times the profit of Amazon. I wouldn't say Amazon has much more diversity, either. Yes, the products they sell are diversified, but that still represents just one business model: online retailing. I know Amazon has other revenue streams, but Apple's "services" category and its "other" category both produce more profit than Amazon does from its entire operation.

Apple's main profit stream is a product people won't need to keep buying. iPhone updates at this point are only for the coolness of new gadgets, and this can go out of style. Amazon sells many things every human relies on, increasingly dominating cause of economies of scale and brand loyalty, and they win profit this way rather than by carefully protecting huge margins on smaller revenue like Apple does. Amazon's position is definitely more reliable.

 

[BuddyTronic]

It's easy, you are worth what you are worth, not what you earned last year. That's because Amazon reinvested every damn penny for many years so they could expand. There's no way people stops buying in internet, and they are the biggest online retailer by far. They are one of the two main cloud service/computing business (other is Microsoft with Azure). And now they are getting into producing media content, and getting physical business.
On the other hand if Apple ****s up bad with iPhone (unlikely but possible) or happens to live the same situation Nokia lived years ago when they were the giant and got obliverated in a single year, they have nothing else to remain on top. Macs, iPads or accessories won't save them.

One argument I heard for Amazon value is that "If Amazon decided to cut their R&D spending, all of the sudden they would have huge profits" - this type of argument. I think it could possibly be true, but still, I am not compelled to invest in Amazon. I'm happy with my AAPL. BUT, having said that, this is an interesting argument that my friend proposed explaining Amazon to me.....

Does it make any sense? I mean yah yah I know Amazon has made zero profits for all these years, but if they really wanted to, they could show BILLIONS of profits. Just cut 16 billion dollars from R&D and voila.

Please critique.
[doublepost=1536160303][/doublepost]

I think a user who's thankful for being scammed wasn't scammed. There are other places to shop, but Amazon is the best for many items.
[doublepost=1536159483][/doublepost]
Apple's main profit stream is a product people won't need to keep buying. iPhone updates at this point are only for the coolness of new gadgets, and this can go out of style. Amazon sells many things every human relies on, increasingly dominating cause of economies of scale and brand loyalty, and they win profit this way rather than by carefully protecting huge margins on smaller revenue like Apple does. Amazon's position is definitely more reliable.

Yah yah, I know - happily scammed. But for the heck of it - go ahead and surf the Amazon website for some items using a VPN. See if you get a different price? I have seen $600 Jiffy Markers on Amazon.ca. I have seen diaper genie bags for $3.00 less than my prime account. Do I care? No - because I just don't care. BUT if you want to be a consumer about it and gripe, you definitely can say that Amazon pulls some tricks on us.

 

[ftaok]

One argument I heard for Amazon value is that "If Amazon decided to cut their R&D spending, all of the sudden they would have huge profits" - this type of argument. I think it could possibly be true, but still, I am not compelled to invest in Amazon. I'm happy with my AAPL. BUT, having said that, this is an interesting argument that my friend proposed explaining Amazon to me.....

Does it make any sense? I mean yah yah I know Amazon has made zero profits for all these years, but if they really wanted to, they could show BILLIONS of profits. Just cut 16 billion dollars from R&D and voila.

Please critique.

AMZN doesn't show profit because they don't want to show profit. They funnel practically all of their earnings back into R&D, acquisitions, moon-shots, etc.

They do this because they want to be perceived as a growth stock as opposed to a value stock. Value stocks trade at lower multiples because the perception is that they are done growing and are harvesting profits going forward.

Growth stocks typically don't do buybacks, dividends, or have tremendous profits. This perception keeps the stock price high because the market feels like they'll continue to grow and grow and grow. The high stock price affords the company opportunities to buy other companies, technologies, aquic-hires, etc. with the inflated stock.

Eventually AMZN will be forced to show profits (I guess) and the P/E ratio will come down. Perhaps the business will split off the non-growing businesses to concentrate on the new hotness. (example - see NFLX - they dumped their profit engine (discs by mail) to concentrate on streaming ... now look at them).

So yes, AMZN could easily show $16B in profit whenever they want. They just don't want to yet.

 

[laptech]

Interesting that both trillion dollar companies are also two of the biggest tax avoiders on the planet.

 

[fairuz]

Yah yah, I know - happily scammed. But for the heck of it - go ahead and surf the Amazon website for some items using a VPN. See if you get a different price? I have seen $600 Jiffy Markers on Amazon.ca. I have seen diaper genie bags for $3.00 less than my prime account. Do I care? No - because I just don't care. BUT if you want to be a consumer about it and gripe, you definitely can say that Amazon pulls some tricks on us.

I've never seen that but wouldn't be surprised. Price discrimination is annoying. But if I get what I want for a price I think is fair, there's no real issue.

 

[MacBH928]

If Apple makes in 3 months more than Amazon did in its lifetime, where did Amazon come up with the money from online book store to become an Apple/Google competitor?

 

[ftaok]

If Apple makes in 3 months more than Amazon did in its lifetime, where did Amazon come up with the money from online book store to become an Apple/Google competitor?

You're confusing revenue with profit. AMZN generates a ton of revenue. They keep their profits low by spending it as part of research, reinvestment, etc.

The money they were making a decade or two ago was used to develop their cloud presence and such.

 

[ipponrg]

If Apple makes in 3 months more than Amazon did in its lifetime, where did Amazon come up with the money from online book store to become an Apple/Google competitor?

Amazon Web Services.

 

[Baymowe335]

Interesting that both trillion dollar companies are also two of the biggest tax avoiders on the planet.

Apple pays the most taxes of any company in the US and even before the tax law change, paid 25% routinely. You want to be upset at tax avoiders? Look at GE, Nike, and Microsoft.

Try to at least have some facts before spewing misinformation.

Company Median effective income-tax rate - past five reported quarters
UnitedHealth Group Inc. 40%
Home Depot Inc. 36%
Verizon Communications Inc. 34%
Walt Disney Co. 33%
McDonald’s Corp. 33%
American Express Co. 32%
Wal-Mart Stores Inc. 31%
Visa Inc. Class A 29%
3M Co. 28%
Caterpillar Inc. 28%
J.P. Morgan Chase & Co. 28%
Goldman Sachs Group Inc. 27%
United Technologies Corp. 26%
Apple Inc. 26%
Travelers Cos. 25%
Boeing Co. 24%
Procter & Gamble Co. 23%
DowDuPont Inc. 22%
Intel Corp. 22%
Exxon Mobil Corp. 21%
Coca-Cola Co. 21%
Cisco Systems Inc. 21%
Merck & Co. 21%
Johnson & Johnson 19%
Pfizer Inc. 18%
Chevron Corp. 14%
Nike Inc. Class B 14%
Microsoft Corp. 12%
International Business Machines Corp. 10%
General Electric Co 1%
[doublepost=1536162726][/doublepost]

You're confusing revenue with profit. AMZN generates a ton of revenue. They keep their profits low by spending it as part of research, reinvestment, etc.

The money they were making a decade or two ago was used to develop their cloud presence and such.

What he said is true and what you said is true. Reported net income from AMZN is less than AAPL has made in a 3 month quarter.

Amazon does plow money back into the company (so does Apple) so their profit looks lower, but let's not act like the numbers would even approach the profit Apple produces if Amazon re-invested less money. Apple could inflate their profits even more too with some different accounting.

 

[itguy06]

I think a user who's thankful for being scammed wasn't scammed. There are other places to shop, but Amazon is the best for many items.

I can't think of one item where Amazon is best to purchase from.

 

[Baymowe335]

One argument I heard for Amazon value is that "If Amazon decided to cut their R&D spending, all of the sudden they would have huge profits" - this type of argument. I think it could possibly be true, but still, I am not compelled to invest in Amazon. I'm happy with my AAPL. BUT, having said that, this is an interesting argument that my friend proposed explaining Amazon to me.....

Does it make any sense? I mean yah yah I know Amazon has made zero profits for all these years, but if they really wanted to, they could show BILLIONS of profits. Just cut 16 billion dollars from R&D and voila.

Please critique.
[doublepost=1536160303][/doublepost]


Yah yah, I know - happily scammed. But for the heck of it - go ahead and surf the Amazon website for some items using a VPN. See if you get a different price? I have seen $600 Jiffy Markers on Amazon.ca. I have seen diaper genie bags for $3.00 less than my prime account. Do I care? No - because I just don't care. BUT if you want to be a consumer about it and gripe, you definitely can say that Amazon pulls some tricks on us.

Amazon spends in the $22B range on R&D annually while Apple is on a run rate to $14B. If we assume they both changed this to $0, Amazon's new profit annually (assume a 20% tax) would be around $24B and Apple's would be about $71B.

Amazon is probably overvalued and/or Apple is undervalued. For them to have the same valuation, Amazon is going to have to execute flawlessly. Apple meanwhile is going to buyback 10% of their shares over the next 1 year, which will itself lower the market cap unless the share price rises (which it likely will). Apple is just so financially strong, no one can compete with the Apple cash generation story.

Amazon is a great company, however. They just have to start profiting at some point because investors will want to see it someday. Apple has already done that.

 

[StellarVixen]

That Headline Gore tho.

> Amazon Joins Apple as U.S.'s Second Trillion Dollar Company

There, I fixed it.

I am really not, but I love hexadecimal, it's kinda cool.

 

[mingravity]

I don't get the market's infatuation with Amazon and their paper thin margins. Here is a little comparison via CNBC:

[Apple] generated a $48.35 billion profit during its fiscal 2017 and made $13.8 billion in net income during the March 2018 quarter, while Amazon's total net income since inception is about $9.6 billion.
​

Apple, made more profit in one quarter than Amazon has made...ever.

​

true both are different players. Apple is more volatile. 1 year they don't release a new iPhone, for e.g., their shares will tumble down. Amazon on the other hand is sustainable with its slew of products/services.
[doublepost=1536163460][/doublepost]

Apple's not the first, people buy headlines.

publicly traded it is the first one.

 

[Baymowe335]

true both are different players. Apple is more volatile. 1 year they don't release a new iPhone, for e.g., their shares will tumble down. Amazon on the other hand is sustainable with its slew of products/services.

Just some facts for you.

Apple has far more products than Amazon. Amazon is just a retailer of products. Or are you talking about their 0 margin Echo or their 0 margin tablets? Services? They have Prime and AWS. Great businesses. However, just FYI, Apple's services biz alone is a $30B business Growing at 30% which is larger than AWS and almost as large as both AWS and Prime combined.

Other than Prime and AWS, Amazon is an online retailer making very low margins. Prime and AWS are very nice businesses, but Apple Services 1.2B devices and makes money on every one of them. Then they make 38% GM on all 300M+ Apple devices they sell annually.

As we've seen, Apple is far, far, far more profitable than Amazon. Amazon's valuation is entirely based on the future, a future we haven't seen. Apple has done it and their multiple is still under 20 and deserves to be much higher with their services growth I mentioned.

 

[Winni]

That bezos guy that grew his local book store into a trillion dollar company that has completely changed our lifestyle.

yeah, not ugh at all.

Maybe you should crawl out from underneath that rock for a change.

Amazon was THE reason why non-technical, regular people bought a computer and an Internet connection for their homes -- so that they could order stuff online.

Amazon revolutionized the way we read books -- as digital downloads, on ebook readers. The Kindle did for books what the iPod did for music.

And then Amazon democratized the entire publishing business -- all indie authors can publish their works at no additional costs and get their books out there - without being at the mercy of a publishing house - to the whole planet. THIS. IS. HUGE.

Neither Siri nor Cortana nor ANY other voice assistant have had the impact and market penetration in HOMES that Alexa has. Alexa is currently turning into the "Windows of voice assistants" -- more and more companies are integrating Alexa - not Siri, not Cortana - into their devices. Apple totally blew the chance that they might have had.

Yes, Amazon COMPLETELY changed our lifestyle, in more than just one corner.

And then there is Bezos' personal interest in SPACE... I guess there is a LOT more to come that will change all of our lives.
[doublepost=1536165827][/doublepost]

Just some facts for you.

Apple has far more products than Amazon. Amazon is just a retailer of products. Or are you talking about their 0 margin Echo or their 0 margin tablets? Services? They have Prime and AWS. Great businesses. However, just FYI, Apple's services biz alone is a $30B business Growing at 30% which is larger than AWS and almost as large as both AWS and Prime combined.

Other than Prime and AWS, Amazon is an online retailer making very low margins. Prime and AWS are very nice businesses, but Apple Services 1.2B devices and makes money on every one of them. Then they make 38% GM on all 300M+ Apple devices they sell annually.

As we've seen, Apple is far, far, far more profitable than Amazon. Amazon's valuation is entirely based on the future, a future we haven't seen. Apple has done it and their multiple is still under 20 and deserves to be much higher with their services growth I mentioned.

Actually, all those profitable services from Apple evolve around ONE thing: The iPhone.
And when the day comes that the iPhone will be succeeded by some next big thing by some competitor, this whole bubble will burst. Even Nokia - the company that OWNED the consumer mobile phone market - could collapse almost over night. The same happened to BlackBerry, the company that practically OWNED the enterprise/business mobile phone market.

There was a time when Apple was all about computers. Computers that never gained a real traction in the grand scheme of things, that never really made it into the enterprise market (where the big bucks are being made with service and support contracts) and that at the best of times roughly had a 10% market share.

Apple has a pile of money to ride out some heavy storms. But its greatest weakness is the fact that it is a publicly traded company that has to report to shareholders -- shareholders that will want their share of that stockpiled money when the trend starts to go downhill.

Apple is successful and big. But they are not invincible and cannot rest on some laurels earned in the past with past technology. And except for a saturated smartphone market, I don't see anything where they are of any significance.

 

[Baymowe335]

Maybe you should crawl out from underneath that rock for a change.

Amazon was THE reason why non-technical, regular people bought a computer and an Internet connection for their homes -- so that they could order stuff online.

Amazon revolutionized the way we read books -- as digital downloads, on ebook readers. The Kindle did for books what the iPod did for music.

And then Amazon democratized the entire publishing business -- all indie authors can publish their works at no additional costs and get their books out there - without being at the mercy of a publishing house - to the whole planet. THIS. IS. HUGE.

Neither Siri nor Cortana nor ANY other voice assistant have had the impact and market penetration in HOMES that Alexa has. Alexa is currently turning into the "Windows of voice assistants" -- more and more companies are integrating Alexa - not Siri, not Cortana - into their devices. Apple totally blew the chance that they might have had.

Yes, Amazon COMPLETELY changed our lifestyle, in more than just one corner.

And then there is Bezos' personal interest in SPACE... I guess there is a LOT more to come that will change all of our lives.
[doublepost=1536165827][/doublepost]

Actually, all those profitable services from Apple evolve around ONE thing: The iPhone.
And when the day comes that the iPhone will be succeeded by some next big thing by some competitor, this whole bubble will burst. Even Nokia - the company that OWNED the consumer mobile phone market - could collapse almost over night. The same happened to BlackBerry, the company that practically OWNED the enterprise/business mobile phone market.

There was a time when Apple was all about computers. Computers that never gained a real traction in the grand scheme of things, that never really made it into the enterprise market (where the big bucks are being made with service and support contracts) and that at the best of times roughly had a 10% market share.

Apple has a pile of money to ride out some heavy storms. But its greatest weakness is the fact that it is a publicly traded company that has to report to shareholders -- shareholders that will want their share of that stockpiled money when the trend starts to go downhill.

Apple is successful and big. But they are not invincible and cannot rest on some laurels earned in the past with past technology. And except for a saturated smartphone market, I don't see anything where they are of any significance.

Ah yes, the classic Nokia and Blackberry argument. Apple’s position and ecosystem are far stronger and more robust than either company you mentioned, and it isn’t close. Apple is also a FAR more profitable and stronger company.

Sure, the next big product might unseat the iPhone...but what are the chances someone besides Apple produces it? It also will take time to take over...the iPhone dominance has taken 10 years, so you’ll see it in the numbers

When facts change, I’ll change...but we don’t see the product at this point. Not even close. The iPhone is easily the best and most important product in the world.

Amazon’s position is far more precarious as they are delivering goods at high cost and have no physical store leverage like a Walmart, who by the way, is crushing it and growing like crazy in e-commerce.

Every biz has competition but Apple owns their customers in a far more intimate way than Amazon.

Who is to say retailers won’t chip away at Amazon’s dominance with their own offerings? They already are with Walmart free 2 day shipping and drive up groceries at many companies. Amazon’s entire business is based on convenience, which other stores can replicate. We haven’t seen anyone replicate the Apple experience, but many have tried.

AWS is already getting pressure from MSFT, IBM, and GOOGL. Strong competition and scary companies.

 

[BuddyTronic]

I can't think of one item where Amazon is best to purchase from.

Well, perhaps this could be due to your opinion and viewpoint on what your time is worth right? I can buy a furnace filter 25" X 16" X 4" from Amazon Prime and it is delivered to my door. Otherwise I have to drive to Home Depot locally and go find it, and pay about the same money. But my shiny car has a 10% chance to get door dings from careless people who park too close, and I just burned $4.00 of gasoline, and I spent 20 minutes round trip of my valuable time for this stupid item I don't even really want to buy, but I have to buy it to filter the air in my forced air heating/cooling system - whatever it is that the house ventilation thing uses.

In this instance, whatever the price is on Amazon, it's worth it. When you compare the prices, Amazon will deliver to my door for the nearly exact same price as Home Depot for this boring item.


You wanna talk about diaper genie bags? How about booger suckers? Those are cheaper on Amazon, and I don't even think anyone else sells them in my town. (Comfy Nose is the product).

There are tons of items I buy from Amazon because it is convenient and about the same price or cheaper, especially when all things are considered.

 

[Baymowe335]

Well, perhaps this could be due to your opinion and viewpoint on what your time is worth right? I can buy a furnace filter 25" X 16" X 4" from Amazon Prime and it is delivered to my door. Otherwise I have to drive to Home Depot locally and go find it, and pay about the same money. But my shiny car has a 10% chance to get door dings from careless people who park too close, and I just burned $4.00 of gasoline, and I spent 20 minutes round trip of my valuable time for this stupid item I don't even really want to buy, but I have to buy it to filter the air in my forced air heating/cooling system - whatever it is that the house ventilation thing uses.

In this instance, whatever the price is on Amazon, it's worth it. When you compare the prices, Amazon will deliver to my door for the nearly exact same price as Home Depot for this boring item.


You wanna talk about diaper genie bags? How about booger suckers? Those are cheaper on Amazon, and I don't even think anyone else sells them in my town. (Comfy Nose is the product).

There are tons of items I buy from Amazon because it is convenient and about the same price or cheaper, especially when all things are considered.

All true. However, what if Home Depot could deliver the filter for a 5% markup and have it to you in 1 hr?

Answer: The could and they already are doing it.