Nothing to do with the topic, of course. Still, using Trump logic, since he is a billionaire, he must be right. Although I guess that goes for Bezos and Musk too.
"Apple reported quarterly earnings on Tuesday that beat expectations, but revenue fell short of estimates as the company sold fewer iPhones than expected. The shares fell more than 2 percent after hours. China sales fall 14 percent from last year. I think Apple has stopped innovating, admire their pile of cash (SamSung is going to eat Apple alive). http://www.cnbc.com/2017/05/02/apple-earnings-q2-2017.html
Just found this story. Concept I didn't know about. Could be very relevant to amzn future prospects. https://www.nytimes.com/2017/05/03/...-future-of-capitalism.html?smid=tw-share&_r=1
The future of Amazon imagined by a Redditor: "There will come a point where Amazon destroys every department and retail store and lay ruin to commercial real estate. They will increasingly expand warehouses all over the country to create 1-2 hour delivery timespans. They will introduce a new program called "Amazon Walk." Because of how many Amazon warehouses there are, 99% of the population has access to a warehouse with a 5-30 minute drive. They will allow consumers to order a product online, walk in, and pick it up. A few years later they'll introduce a new concept called "Amazon Store." Instead of forcing customers to only see their products on the Internet, they can instead travel to the store, look at the product in person, and make the decision to buy right then and there. In order to this, Amazon will hire humans called "Employees" to manage the sales of in-person items. This is going to be incredibly revolutionary."
Amazon’s 49,000% Gain: The Most ‘Super’ of ‘Superstocks’ Since 1926 https://blogs.wsj.com/moneybeat/201...ain-the-most-super-of-superstocks-since-1926/