Ted Bauman is an editor of Banyan Hill publishing. These focus on topics such as privacy and asset protection. He currently resides in Atlanta, Georgia. He has a degree in economics and in history. During his working time in South Africa, he had many jobs where he served as a funding manager for various housing projects. In 2008, Steve Jobs the King of Tech back created the Apple iPhone. The iPhone is the most popular device in the business world. The statistic was done by a research firm name Kantar World panel. The smartphone represents the revenues for Apple the most. The company phone has created other products to go with the device. It has a huge consumer base for their products. The company became a monopoly over its course of existing.
Apple is going to be worth around one trillion dollars, is the world’s most valuable company. Jeff Bezos is filling in the shoes Jobs left. He is the CEO of Amazon and his company is already the fourth valuable company in the stock exchange. Millions of people shop on Amazon, millions more are subscribed to prime. Amazon Prime makes shopping easier and faster. Shipping is free along with free television and movie streaming. Amazon revenues are around one hundred seventy billion dollars. Jeff Bezos is trying to create a similar project to that of Steve jobs with a monopoly. Ted Bauman says though that Amazon is not a monopoly and actual vulnerable. He understands and edits articles about securing wealth, new investments, legal and personal plans for readers. Bauman also writes for Smart Money service and for Alpha Stock Alert about trading stocks. The economist Ted Bauman is able to bring different views and ideas on profit and value.
Bauman talks about how Amazon is equal to that of Sears and giving their customers instant satisfaction. Almost the entire world has a Prime membership account and citizens of the United States order from the e-commerce store. The reasons why Ted Bauman says Amazon is not a monopoly is because of its competitor’s income and revenues, it is not making a dent on merchants near consumers, and simply not enough customers are ordering off from it. The company is at a big risk when it comes down to anything scandalous or profit ruining. According to Bauman if anything were to happen, stockholders would rid of their shares on Amazon. The price of the company would then crumble underneath itself. On top of which the lack of privacy Amazon had shown, which the economist motions to. Understanding the market, investments, and trends is a very valuable piece of information.