Need proof that amzn is dead this is all they could muster in terms of a lead with 0000 competition, the post comes from TMF -- posted by TMF Cheez one of the many bullish Fools there --
Here's another table from December 4's Los Angeles Times, compiling "some of the most popular
shopping sites, measured by the percentage of home Internet users who visited the sites in August
1998":
Amazon.com 8.0%
cnet.com 4.4%
ebay.com 4.4%
columbiahouse.com 4.0%
barnesandnoble.com 3.8%
valupage.com 2.9%
zdnet.com 2.6%
classifieds2000.com 2.6%
musicblvd.com 2.6%
Amazon, as you see, is almost double the number two name on the list. The problem is that this is a
still frame photo -- there's no way to tell from this data if the others are gaining, or if Amazon is
increasing its impressive lead.
Yes, Amazon is not profitable now, and won't be for some time, but that is by design. It's a moot
point, and nobody is contending it. The real question, and the pertinent one, is, When this whole
Internet thing finally sorts itself out, will Amazon be profitable then? And if so, how profitable?
It remains to be seen. And with analysis like that, maybe I could get work at Business Week, eh?
Cheeze |
