As Amazon.com stock flirts with $1,000 a share*, here are some thoughts to ponder from the Wall Street Journal (editorial page May 19, 2017): Amazon marks 20 years as a public company this week, and if you got in on the ground floor you have a lot to celebrate. A $100 [continue reading . . . ]
Buried in yesterday’s knockout earnings report from Amazon.com is detail that will further encourage Amazon bulls but disappoint anyone trying to get a job at the Everything Store. In the quarter to the end of March, Amazon added a mere 9,600 to its army of full- and part-time employees, for [continue reading . . . ]
I had to return something to Amazon.com the other day. The process was simple. Amazon provided for printing at home a return label and a bar-code to include with the item. It took a minute to print them out. It took five minutes to pack. Per Amazon’s instructions, I dropped [continue reading . . . ]
No one will ever accuse Amazon.com chief Jeff Bezos of stinting on investment. In five years through 2014, the company’s cumulative investment in property, plant and equipment has increased more than seven-fold, to nearly $23 billion (chart). When the books are closed on 2015, the total likely will be close [continue reading . . . ]