Amazon’s No-Profit Model: Bleed Competitors To Death – Then Do Exactly What They Did
Amazon’s dominance of more and more sectors of our economy – is great and growing. And they do it – the way the violent, radical Leftist Black Panthers attempted to accomplish their ends: “By any means necessary.”
Amazon has behaved this way – from their very beginning. Some of the moves seemed at the time unorthodox – but in retrospect seem cold, calculating – and deadly for everyone…but them.
A key component of Amazon’s murderous business model – was operating for a quarter century making…almost no money whatsoever. And for many quarters at a time – actually losing coin. This from 2013:
“The company’s net profit margin has broken one billion dollars only once in the past nine years, in 2009. After reporting a loss last year, the world’s largest online store is expected to end this year with $349 million in net profit on nearly $75 billion in revenue. That’s close to the profit it made in 2005 ($359 million) on just a fraction of the revenue ($8.5 billion)….
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