CNBC Squawk Alley July 29, 2016
Time. Its disheartening to wall street investors. I wonder at what point investors look back and say remember 2016. Remember that year when amazon was profitable for a whole 7 quarters. Im wondering how long you think aws and the prime revenue will be able to cover Everything Else theyre spending on. Well, jeff besos is a very restless entrepreneur. He is willing to have failures and he is willing to have successes as he is having right now in the content area. Hes going to double down in video content. Its the area everybody is growing into. Its hugely competitive and very extensive and hell ...