They’re catching up to Netflix with original content, producing more innovative hardware than Apple, and about to lead the biggest consumer sector in the world. Prediction: this company will hit a $1 trillion market cap by 2020.
Sources:
“Amazon to Acquire Whole Foods Market,” Amazon, June 2017. http://bit.ly/2rynJxL
“Amazon.com Market Cap,” Y Charts, July 2017. http://bit.ly/2uWnj2y
Yahoo! Finance, June 2016.
“Supermarkets & Grocery Stores in the US: Market Research Report,” January 2017. http://bit.ly/2tNg3r1
SelectUSA, 2016.
“Global E-Commerce Grocery Market Has Grown 15% To 48BN,” Kantar WorldPanel, September 2016. http://bit.ly/2piz4jZ
“7 Price Tags That Prove Whole Foods Has Gone Too Far,” Spoon University, June 2016. http://bit.ly/2uefckp
“Time Warner Boosting HBO Budget As Netflix, Amazon Keep Spending,” FierceCable, December 2016. http://bit.ly/2o8CFkE
“Amazon Is Spending An Insane Amount Of Money To Catch Up To Netflix,” Vanity Fair, April 2017. http://bit.ly/2pjCxij
“Exclusive – Amazon To Charge $2.8 Million For NFL Ad Packages,” Reuters, June 2017. http://reut.rs/2t3rNGd
Synergy Research Group.
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