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The World According To Apple, Amazon

ReadWriteWeb takes a closer look at the starkly different business models of Apple and Amazon. “Amazon's Approach: Sell Now, Profit Later,” it writes -- which is exactly how Amazon CEO Jeff Bezos described his company’s philosophy, last week. "We want to make money when people use our devices, not when they buy our devices," Bezos said. (Amazon, if you recall, knows a thing or two about ecommerce and media sales.) Apple's approach, by contrast, is all about “Big Profits From Small Devices,” as RWW puts it.

Read the whole story at Read Write Web »

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