The fact that Apple passed Microsoft in total market value shows that investors think a new era is emerging - one where high tech is moving from computers towards smaller, personal devices - such as smart phones.
Amazon is making a bet on this by opening a new website dedicated to cell phones and wireless plans.
Amazon is one of the unique companies that can go both deep and broad, i.e. quality and quantity. They perfected their business model with books, and then scaled up into other areas of merchandising.
Tuesday, 1 June 2010
Amazon Jumps Into Cell Phones and Wireless Plans
Posted on 14:09 by Unknown
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