What's dangerous is not to evolve.
More Quotes from Jeff Bezos:
Thanks to free shipping and low prices, we expect more customers to turn to us for their holiday gifting needs this year -- producing our biggest holiday shopping season ever,Jeff Bezos
We continued to improve our customer experience during the quarter with the opening of our music store, our easier-to-navigate store layout, and our expansion into the local U.K. and German book markets. These initiatives will continue to require aggressive investment and entail significant execution challenges.
Jeff Bezos
I think there's no question that there is going to be an accelerating consolidation and that's very, very healthy for this industry, ... In the past, if you look at what ideas have gotten funded, basically all ideas gave gotten funded -- good ideas and bad ideas in the previous climate.
Jeff Bezos
It's part of the territory with Internet stocks, that kind of volatility. It can be up 30 percent one month, it can be down 30 percent in a month, and a minute spent thinking about the short-term stock price is a minute wasted.
Jeff Bezos
Competition will accelerate in 1999, ... We still believe it is impossible to keep the pronounced bookselling market share lead over the long term.
Jeff Bezos
What we want to be is something completely new. There is no physical analog for what Amazon.com is becoming.
Jeff Bezos
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