I heard this morning that Amazon's earnings are way down, but that the stockholders don't care about the loss of profit. I'll bet Jeff B. does, though, and I doubt if he's willing to work for nothing. But what if Amazon were to fail?
Would it be too late for the bookstores that Amazon put out of business to come back? Would other online retailers have a fair shot again?
What about all the websites and affiliates who make a living or at least something from their promotion of Amazon products?
The implication in what I heard is that because of this report, Amazon is being praised because it serves now as an example of a corporation that has a heart and gives customers what they want at low prices instead of being very concerned about profit. Supposedly this glorious corporation does not exploit its customers like that greedy Walmart does. I notice nothing was said about Amazon's working conditions or the exploitation of third party sellers -- the ones from whom Amazon gets the most.
What's your take on all this? Some of it?