HOW AMAZON BECAME THE WORLDS MOST VALUABLE PUBLIC COMPANY

HOW AMAZON BECAME THE WORLDS MOST VALUABLE PUBLIC COMPANY

• CHRISTMAS SALES WERE RECORD BREAKING. US SHOPPERS ORDERED MORE PRODUCTS THAN EVER BEFORE

• AMAZON IS REALLY GOOD AT DIVERSIFYING WHICH MAKES IT MORE STABLE COMPARED TO OTHER TECH GIANTS 

• ->DID YOU KNOW THAT NETFLIX IS HOSTED ON AMAZON WEB SERVICES?

• OVER 1OO MILLION PEOPLE IN THE US ALONE ARE AMAZON PRIME MEMBERS AND ARE PAYING THE MEMBERSHIP FEE ON A REGULAR Basis.

• Well, the stock market is based on speculation and is little better than gambling. The market isn’t necessarily based on how well a company is doing or even how well a company is projected to do, but rather on the performance of the market itself, which is often independent of the company’s actual performance.

• People are buying Amazon stock because they believe the stock will continue to rise, even if they never make anywhere near as much money as other companies. That in turn makes the stock continue to rise. It’s a speculation market that isn’t based on anything tangible.

• Amazon is one of the most overvalued companies on the market today.