Amazon: the new Montgomery Ward
Amazon (let's be honest) is a company in trouble. Oh, its financials are fine. It's profitable, even. It's growing. By all normal metrics, it's not in trouble at all. But common sense says the shit's about to hit the fan. Amazon is on a collision course with destiny—the destiny of all companies who ever tried to do too much (Kmart, Federated Dept.
News updates all day from your Fast Company editors. Amazon's last quarter results were reported late yesterday, and show that the online retailer is seriously growing its sales: Revenues at $13.2 billion were up 34% year on year. B... Read Post
For years, market-leading public cloud Amazon Web Services (AWS) has hidden in the shadows of Amazon.com’s quarterly earnings statements. But that could change. Amazon might have to open up about the profitability of its cloud divis... Read Post