Amazon is about to release earnings. Ponder the Bull Case Scenario:
Amazon is a technological powerhouse. Pouring enormous cash flow into new development. The Kindle suite of products is very strong and successfully acquires loyal repeat customers as users shift to digital and cloud computing solutions. The new smart phone may turn out to be a strategic blocking move while at the same time developing another channel for paying customers.
Amazon can look forward to huge growth in under developed countries. Their potential competitors from China are still not significant threats.
Amazon has gross revenues equal to the totals of their next nine nearest non-auction competitors. There is no also ran in this race.
Amazon leads in all categories. There is no disruptive technology in sight.
George Gutowski writes from a caveat emptor perspective.