Most people think of Amazon (NASDAQ: AMZN) as an e-commerce company, and for good reason. It has become the online marketplace of choice for millions of consumers around the world. But the company is also involved in two other expanding industries, both of which could fuel significant growth in the next decade.
In this Backstage ID Video, recorded on January 4th, Motley Fool contributor Trevor Jennewine explains why Amazon might outperform Apple (NASDAQ: AAPL) as the most valuable company in the world for 10 years.
Trevor Jennewine: The company operates in three high-growth industries. You have e-commerce, cloud computing, and digital advertising. Its market capitalization is currently $ 1.7 trillion. I think that could double in the next five years, I certainly think it could outperform Apple in a decade.
To put its competitive advantage in the US e-commerce market into perspective, …