They're catching up to Netflix with original content, producing more innovative hardware than Apple, and about to lead the biggest consumer sector in the world. Prediction: this company will hit a $1 trillion market cap by 2020.
(0:09) “Amazon to Acquire Whole Foods Market,” Amazon, June 2017. http://bit.ly/2rynJxL
(0:39) “Amazon.com Market Cap,” Y Charts, July 2017. http://bit.ly/2uWnj2y
(0:45) Yahoo! Finance, June 2016.
(0:56) “Supermarkets & Grocery Stores in the US: Market Research Report,” January 2017. http://bit.ly/2tNg3r1
(0:56) SelectUSA, 2016.
(1:06) “Global E-Commerce Grocery Market Has Grown 15% To 48BN,” Kantar WorldPanel, September 2016. http://bit.ly/2piz4jZ
(1:29) “7 Price Tags That Prove Whole Foods Has Gone Too Far,” Spoon University, June 2016. http://bit.ly/2uefckp
(1:56) “Time Warner Boosting HBO Budget As Netflix, Amazon Keep Spending,” FierceCable, December 2016. http://bit.ly/2o8CFkE
(1:56) “Amazon Is Spending An Insane Amount Of Money To Catch Up To Netflix,” Vanity Fair, April 2017. http://bit.ly/2pjCxij
(2:09) “Exclusive - Amazon To Charge $2.8 Million For NFL Ad Packages,” Reuters, June 2017. http://reut.rs/2t3rNGd
(2:45) Synergy Research Group.
Episode 132
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There is a lot of built up gas sitting into amazon that need to come off first.