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Saturday, October 26, 2013

The Real Reason It Doesn't Matter That Amazon Is Losing Money | Wired Business | Wired.com

The Real Reason It Doesn't Matter That Amazon Is Losing Money | Wired Business | Wired.com: Amazon’s flexibility in overseas markets — where sales have grown by 29 percent over the past nine months — is just one more piece of what investors love about Amazon: its diversification. What other sellers of books, clothes, and gadgets can also boast a $600 million cloud-computing contract with the CIA, a video-streaming service to rival Netflix, and hardware that competes credibly with Apple?