Splitting Amazon into two businesses is a 'bullet' Amazon doesn't need to use today: Analyst

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Splitting Amazon into two businesses is a 'bullet' Amazon doesn't need to use today: Analyst

Brian White, an analyst at Monness, Crespi, Hardt and Co., said that in the long-term, it may be a good move for Amazon to split retail and Amazon Web Services into two businesses, but the company doesn't need to do it right now. White also added Apple's protection of data, which has been a major issue for many tech companies, will work in Apple's favor.
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Mon, Sep 17 201812:41 PM EDT