Amazon is one of the most innovative and successful companies in the world. Here


Amazon is one of the most innovative and successful companies in the world. Here is a link to some interesting statistics on Amazon’s performance, growth, and market share that illustrate this:
74 Amazon Statistics You Must Know: 2021/2022 Market Share Analysis & Data – Financesonline.com (Links to an external site.)
And yet, after markets closed this Thursday, April 28th, Amazon released what some consider a rather disappointing quarterly earnings and sales reports. As a consequence of that report, the value of Amazon stock has fallen significantly since markets closed on Thursday (as of 10:45 a.m. this Friday morning the stock was down -12.29% from Thursday’s close). Here is a link to a Wall Street Journal article on this (note that this article also contains links to additional recent articles).
Amazon’s Flagship Online-Shopping Business Stalls After Decades of Growth – WSJ (Links to an external site.)
In this context, your assignment is to write an essay outlining what you believe were the primary reasons for Amazon’s amazing growth and success over the last few decades followed by a discussion on whether and why you believe that this latest earnings report either represents significant future problems for the company, or whether and why you believe the problems of the last quarter are largely temporary.


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