Advertising and Streaming: Amazon’s Focus on the Positive
Advertising and Streaming: Amazon’s Focus on the Positive
In mid-October, Amazon released it’s much anticipated quarter three earnings. The response was quick and firm with observations. Profit margins dropped by nearly 30%, threatening Jeff Bezos’ title of the richest person in the world. Most of this can be attributed to Amazon’s investment in one-day shipping. However, there are two areas of focus that