Apple and Amazon Have a Problem: People Don’t Want to Buy Stuff Anymore
The failure of the Fire Phone has been widely cited as the reason for Amazon’s disastrous quarter, but a darker cloud has settled over the world’s biggest online retailer. The core of Amazon’s business—its original reason for being: selling books and other media—has grown wobbly. The problem: many people no longer want to buy stuff. They’d rather rent.
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Story added 28. October 2014, content source with full text you can find at link above.