If you're going to invest in an Internet stock, you must be a long-term investor.
You don't want to negotiate the price of simple things you buy every day.
Part of company culture is path-dependent. Itโs the lessons you learn along the way.
We've had three big ideas at Amazon that we've stuck with for 18 years, and thy're the reason we're successful: Put the customer first. Invent. And be patient.
I think there are going to be a bunch of tablet-like devices. It's really a different product category.
Your margin is my opportunity.