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Benedict Evans (Andreessen Horowitz) wrote an excellent post on Amazon's "profits". The comments are good value too.

http://ben-evans.com/benedictevans/2014/9/4/why-amazon-has-n...

As for the Fire Phone and it's product discovery functionality, I get Bezos' vision (I think ...) which would be a world with only one retailer.

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I don't understand the Amazon loving crowd. The CEO flat out says he wants to undercut all competition until he has none, and then raise prices.. And people still buy through Amazon, still use aws, etc.

Really? Do you have a source?

> As for the Fire Phone and it's product discovery functionality, I get Bezos' vision (I think ...) which would be a world with only one retailer.

One retailer, one IT supplier. All staffed by minimum-wage, high churn drones. Not sure who will be buying the product.

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