Didn't Bezos once say something like "your margin is my opportunity"? There's a certain irony in Amazon not being able to compete in mobile because the market is too efficient.
They can't compete because they're producing mediocre products that add little value; products that consumers don't have a good enough reason to want. Creating their own Android equivalent store was an extraordinarily terrible idea.
The problem is not because the market is too efficient.
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Didn't Bezos once say something like "your margin is my opportunity"? There's a certain irony in Amazon not being able to compete in mobile because the market is too efficient.
They can't compete because they're producing mediocre products that add little value; products that consumers don't have a good enough reason to want. Creating their own Android equivalent store was an extraordinarily terrible idea.
The problem is not because the market is too efficient.