Amazon's Undervalued Potential [Seeking Alpha]
Apple Inc. (AAPL)
Last apple inc. earnings: 4/30 04:30 pm
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Source: Seeking Alpha
Summary Amazon ( AMZN ) is much more than the e-commerce company that it was when Jeff Bezos founded it in 1994. It is now a huge company that seems to keep growing every month. With such a big company, Amazon's main focus is growth and diversification, unlike Apple ( AAPL ) for example. To add to this, Amazon's main business may be their retail website, but Amazon's main goal is to diversify and get into every possible market. The reason we bring up Apple is because of the difference between the two tech giants. Apple will acquire to improve their product whereas Amazon will acquire to become a bigger company. Amazon has acquisitions ranging from Whole Foods all the way to Twitch. With such a broad focus, some may wonder what exactly Amazon's goal is. The answer is simple, to be in all consumers hands, any way possible. Amazon's acquisition of Whole Foods was to get into the food industry, products with an expiration date unlike books. Amazon got into Twitch to compete with Goo
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