Here are some interesting news items about Amazon in January 2015 along with my comments.
In 2014, Amazon’s stock price fell 18% While Nasdaq overall was up 14%.
Nothing too scary here. However, Amazon’s insisting on growth over profits actually resulted in an interesting Q3 in 2014, which ended on September 30, 2014. In that quarter, Amazon posted a $544 million loss on revenue of $20 billion. They (Jeff Bezos in particular) just don’t care about profits as much as growth. In a strange way, that’s good news for those of us trying to grow our businesses on Amazon as well.
See the GigaOm story here which quotes the Reuters story here. (more…)