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Idiots think AMZN has peaked. Now is the time to buy more
submitted 2 years ago by trident765 from thestreet.com
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[–]fschmidt 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 2 years ago (0 children)
Most of Amazon's profit comes from Amazon Web Services (AWS) - their cloud crap for modern programmer scum. That is why Bezos stepped down and turned the company over to the head of AWS. Amazon no longer cares about retail, and it shows. Retail is competitive and Amazon will eventually lose there. So Amazon's future depends on AWS. For an investor to judge this, they must be in tune with modern programmer scum, which I am not.
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[–]fschmidt 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (0 children)