A few comments about Amazon’s earnings report

As I made clear in Wednesday's post on technology, media and telecom, I see Amazon and Google as clear winners in the Internet space. The Internet is the nexus of TMT convergence. And to be successful as this convergence happens, companies need to be positioned more broadly. Facebook and Netflix fail on that score. Apple also has challenges there. But I believe it could buy its way into some markets if it makes the adjustment quickly.
Amazon's earnings
Amazon's numbers had no obvious weak spots....


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