RE: THE STORY OF AMAZON AND WHY IT WILL BE THE FIRST TRILLION DOLLAR COMPANY PART 1 (IN PICTURES)
So just to be fair this article says Amazon to be the first trillion dollar company. I simple search finds Apple clearly in the lead of billion plus dollar companies; some analysis suggests #3 and the three oil companies will drop off the top ten next year.
But seriously what does he know? clearly he is working for a wage since he lacks the ability to predict futures any more accurately than you yourself can since if he could he would not be working but would be independently retired. After all most financial advisors have terrible skills in predicting anything; does anyone remember the guru of American Fiance ? Allan Greenspan; Mr. Greenspan was the expert on the American economies and the analysis of his track record of performance proved he got his predictions correct less than 30% of the time, but Mr Greenspan was a gentleman and had the ear of Corporations, Congress and even the White House. To sad he just had more reputation than clear financial thinking...
So we see two Chinese Companies plus Toyota as the only car maker in the billion dollar club and of course Warren Buffet, but Amazon ???
Clearly Amazon; is just no where...
you are clearly not up to date with the financing world. Have you ever heard about amazon cloud? that alone is $100 billion..btw, amazon's market cap ($360 B) is more than 2x toyota and has also surpassed berkshire hathaway (warren buffet's company). Bezos has also surpassed warren buffet in the richest billionaires list. No chinese company is even worth $250b at the moment. Welcome to 2016, brother!
Personally I do not care about Amazon, and if Amazon has any real value; no one knows what it is.
Microsoft paid over eight billion for Skype, etc. etc. there is no way to value a diverse company like Amazon anyways.
The value in Amazon is not the company infrastructure; although that is very very valuable...
The Value in Amazon is its CEO and once such leadership is gone the people who replace them are just chair warmers...
Companies that size are like octopuses and need an overall strategy plan, once this CEO is gone amazon will still be a major player in clutter but it will just be another ordinary mega rich company of very little note nor interest.
None of this should take anything away from your excitement and enthusiasm for a little rags to riches bookstore success story...
I love Amazon, to suggest it is so valuable is simply creative accounting; but Jess Bezos is the only thing at Amazon worth considering...