Is Amazon a Charity?
Amazon is an amazing company, and I have been a customer for a long time. When they were first starting, they sent out travel mugs to some customers, and I still have one. But, their profit margins don't make sense. It's hard to keep on losing money as a business. The raising of their free shipping minimum from $25 to $35 is a big change. Shipping, unfortunately costs.
This is a great quote:
“Amazon, as best I can tell, is a charitable organization being run by elements of the investment community for the benefit of consumers,” Slate’s Matthew Yglesias joked earlier this year.
The Amazon Mystery: What America's Strangest Tech Company Is Really Up To - The Atlantic
Same Old Amazon: All Sales, No Profit - Business Week
This is a great quote:
“Amazon, as best I can tell, is a charitable organization being run by elements of the investment community for the benefit of consumers,” Slate’s Matthew Yglesias joked earlier this year.
The Amazon Mystery: What America's Strangest Tech Company Is Really Up To - The Atlantic
Same Old Amazon: All Sales, No Profit - Business Week
Labels: amazon, book stores, e-books
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