What's interesting is they have killed off the competition so there are few comps in their space, but look at the margins at ebay for instance:
http://ycharts.com/companies/EBAY/profit_margin
Of course, ebay doesn't sell products, but a service, which is a completely different model. But if one wants to take pot shots there are better places then Amazon to aim at.
Look at Wal Mart, the preeminent mass market retailer, which has not been fairing too well, they also maintain much higher margins:
http://ycharts.com/companies/WMT/profit_margin
My view is quite different. I believe that Amazon has actually pushed down prices almost across the board for many commoditized items, much as Wal Mart did. I don't really know if that's a good thing though. They left a lot of carnage in their wake.
http://ycharts.com/companies/EBAY/profit_margin
Of course, ebay doesn't sell products, but a service, which is a completely different model. But if one wants to take pot shots there are better places then Amazon to aim at.
Look at Wal Mart, the preeminent mass market retailer, which has not been fairing too well, they also maintain much higher margins:
http://ycharts.com/companies/WMT/profit_margin
My view is quite different. I believe that Amazon has actually pushed down prices almost across the board for many commoditized items, much as Wal Mart did. I don't really know if that's a good thing though. They left a lot of carnage in their wake.

