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by runT1ME
5141 days ago
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>To be fair, I do think that Amazon is overvalued. While their revenue has grown well, their margins and profits haven't. Except Amazon is killing it in the cloud. I don't think looking at profit margins is fair when you have a company that is heavily invested in R&D in a known, growing market. I think they're well aware that the cloud market is going to be dominated by one or two major players, and are investing quite heavily in an 'amazon land grab' to quote Joel Spolsky. It won't matter if you have 50 retailers competing with amazon when the majority of them are running on EC2... |
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