Week Ending 12/27/13: $560.09 (+11.07) Dec 29, 2013 18:18:27 GMT -5
Post by Deleted on Dec 29, 2013 18:18:27 GMT -5
Except that the threat to Apple (if there is really one) in not valuation at all. I am with others when they say that Bezos would be driving the same strategy no matter how Wall Street valued the stock. He has a particular vision that he will not be shaken from.
The real issue is customers, which is all Bezos really cares about. As long as customers keep flocking to his company, as they apparently did this season, he will keep implementing and investing in the business.
Amazon's valuation is an imaginary enemy. If Amazon is really some kind of threat to Apple, it is due to the millions of people buying product from them. That is the world the Amazon haters need to change, not WS valuation. Good luck with that. The company offers an amazing service that is only going to get better.
I think the real lesson in all of this is the value of vision and a story. Bezos is the best there is at making people believe an extremely simple story - "Amazon is going to dominate retail - even if it takes decades" And customer traction causes investors to believe he is right. Plus the fact that there is no competitor on the horizon who has any hope of stopping him.
Compare that to Cook, who essentially refuses to say anything specific about Apple's vision. Just the same old tired "trust us, we make great products" line.
All this complaining about Amazon valuation is misplaced and futile. The real "enemy" is happy customers. And there is no sign of that changing any time soon. So if anyone here wants to go on a crusade against Amazon, the ONLY metric that will change anything is sales and customer satisfaction. Take the fight there if you think you have any hope at righting this "wrong". Amazon's valuation could drop by a factor of ten tomorrow, and it wouldn't change a thing. Bezos is unshakable in his vision and tenacity.
Well said and I completely agree...so I assume everyone here is also bitter about Twitter, Tesla or any other tech company that doesn't have a "fair" valuation. There are 2 options, stop talking about it cause it's complaining with no purpose or else post how you're doing something about it like shorting it or not using their products. No one wants to hear kids complaining about how life isn't fair...the stock market isn't fair either, get over it.