Detailed market commentary at The Market Ticker
(The Year 2012 In Review)
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|User Info||Amazon: Let's Play Diversion; entered at 2012-04-28 15:44:23|
Registered: 2008-10-12 Seattle
It feels like they're trying to diversify their business from Web retailing to other businesses(digital contents, web services, etc.) For example, Amazon Web services are growing fast http://gigaom.com/cloud/how-big-is-amazo.... and looks promising. They will face competitions from Rackspace and a few other players for sure, but right now they have a pretty big lead over others and they seem to be only getting better. In another 5 years Amazon can be a very different company than what it is today, just as they went from a bookseller to where they are today.