But Michael Pachter thinks investors and other analysts that focus on those area are overlooking a big part of the company's recent success and its future promise: its business of selling and shipping products on behalf of other companies.
Amazon is best known as an online store that sells goods directly to consumers. But it also operates a kind of marketplace where manufacturers, mom-and-pop merchants, and other major retailers also offer products. When shoppers search Amazon's site, there's a good chance they'll find goods offered by those third parties rather than by Amazon itself. Indeed more than half of the products listed on Amazon come from those third parties, Pachter estimated.
Amazon will offer investors and analysts more insights into its third-party sales business on Thursday, when it
Well... I feel that's the scope of business anyway
Someone please sign up to the website and summarize the article for us.
Bezos is just trying to hype his stock. So what is his special sauce worth. He doesn't care about earnings so can't value the stock on that. This valuation is so high that it already discounts many great jams tomorrow. When you are as big as Amazon it is hard to deliver growth.
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