Wal-mart and Amazon, Part III

I keep nattering that Wal-mart will buy Amazon.com by the end of this year, and after tonight’s results — Q2 earnings down 58% — I’m sticking to that admittedly non-consensus view. Like a less profitable Google, capex at Amazon continues to outpace revenue growth, which helped ker-whack earnings this quarter.

The bottom line: Standalone technology companies this size that don’t scale are a luxury that can’t stay freestanding for long.


  1. If it does happen, your call will be one of the greatest wild-eyed random crazy predictions of all time!
    Luck or skill? Who can tell?

  2. More like lighting yourself on fire in public đŸ˜‰