Sunday, June 29, 2014

Amazon Rising

Just finished watching "Amazon Rising" from CNBC. Always infatuated with any thinking-outside-the-box initiatives from Amazon. Their P/E ratio is several hundreds or even thousands and still is a teacher's pet of Wall Street. They can afford to lose billions of dollar in shipping just to win over customers' confidence. Amazon never hesitates to have strong-arm tactics against their own 3rd-party suppliers by using cunning playbook. And they plan to have 1-hour drone delivery probably after FAA approves commercial usage of drone at least five years from now.  Amazon Rising

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