You might argue that Amazon's Kindle launch was an inflection point for Amazon e-commerce. The other observation is that Amazon is about to pass Best Buy in sales volume. Think Best Buy needs to hone its online strategy? Yup. the "big box" format no longer seems to be working so well for Best Buy.
For some of us, though, the key point illustrated in this chart is not the sales volume, but the revenue inflection point. Whether there is only a correlation, or some "causation" is at work, the Kindle launch looks like a classic inflection point.
Wednesday, April 18, 2012
Amazon About to Overtake Best Buy Revenue
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
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