Comment Re:surpising (Score 4, Interesting) 168
That's nice. Now for a thought. Let's imagine Amazon runs a script and raises all their prices, every single one of them, by 1% Would anyone notice? Would anyone care? Is 1% even enough to justify looking elsewhere for a product? They'd still be cheapest on 90% of things, why would anyone bother?
Guess what, they just boosted their profits by $700,000,000. Ok, lets say some people do shop elsewhere, so call it $600,000,000. Not just their revenues, their actual profits. And investors are running away