Since announcing its first-quarter earnings after the market close on April 24, Amazon.com (NASDAQ: AMZN ) shares have fallen over 10%. The Internet retailer's stock fell largely due to an admission by the company's founder and CEO Jeff Bezos that his spending binge, on projects ranging from Amazon Fire TV to the company's own delivery service, is not slowing down anytime soon. This of course has led investors to wonder when actual profits at Amazon.com will begin to materialize.
Despite the drop, Motley Fool consumer goods analyst Sean O'Reilly doesn't see Amazon's dominance over the Internet retail industry stopping anytime soon. Which raises the question: What would have to happen to put Amazon.com's entire business in jeopardy?