> they can invest back into new products in the same way Google do but at a larger scale since they don't have the pressure of returning profits to shareholders
Can you elaborate on this? Google tries plenty of "moonshots" that may never return profits to shareholders
I meant that Amazon are doing the same as Google. They have similar revenue, Google has twice the margin but is banking $10B+ p.a while Amazon spend all and beyond. They are both maneuvering to capture these new markets using their existing advantages.
For some reason Google investing in projects makes a sense for a lot of people, while for Amazon it doesn't even though it has produced business lines outside of their main that have more revenue and margin than anything Google have done.
Can you elaborate on this? Google tries plenty of "moonshots" that may never return profits to shareholders