Amazon has reported its slowest growth for two decades. Netflix is firing staff after missing its subscriber target sending its shares down by 50 per cent. And Apple, despite having had a strong quarter, warns its growth slowdown is likely to deepen with chip shortages.
Three staple ingredients of modern times are, along with Twitter, moving into changing times which for some may mean curtains and for others a diminished presence in everyday life.
Amazon’s first sale chart, 16 July 1995, is showing ominous signs of panic with tr Neptune conjunct the Saturn next month, on and off into 2023; and is then aiming to undermine the Mars through till January 2025. There will certainly be radical changes this year and next with tr Pluto conjunct the Uranus. Then troublesome Solar Arcs pile up in 2024/25.
Netflix launched 14 April 1998 is equally struggling uphill with difficulty as tr Pluto aims across disastrous midpoint between now and 2024 after which it is in a trapped, risky square to its Mars in 2024/25. It won’t be easy – or probably possible – to regain the glory days.
Apple will wrestle with a discouraging, deprived tr Pluto opposition Saturn till the end of this year; but will then look forward to a confidence-raising 2024/25 with tr Pluto square the Jupiter. Where it runs into real problems will be as tr Neptune in Aries starts to square the Mars towards 2028 and afterwards to square the Pluto and conjunct the Aries Sun across the turn of the decade.
About 8 or 9 years ago, I made a point of trying not to buy anything from Amazon. I went from buying placing 50+ orders a year to about 6, most of which were music downloads. The culture is definitely moving away from buying cheap tat from China on amazon. Fewer people are doing it and second hand markets are growing. Pluto tr Aqu is increasing pragmatism and discipline. The uranus/jup taurus transit is also having an effect on consumer habits I believe. Less is more and quality over quantity seems, at last, to be taking hold. I have prioritised better quality (more expensive) food over everything else.
Have you seen the concept of Amazon’s helix shaped 350 foot tower for it’s second headquarters in Arlington, Virginia? Looks very green, too bad their factory workers don’t get to work in a similar atmosphere.
During the pandemic when we were mostly stuck at home it was all too easy click away in search of distraction. Now the hard reality has caught up with us I guess everyone is concerned about the future and ‘wanna haves’ suddenly seem a lot less important, especially if you are worried about having enough to meet basic necessities like food, fuel and heating. And if Netflix goes ahead with its plan to introduce advertising (in addition to subscription charges) I, for one, will be cancelling my subscription.
Yes and the big box online retailers profitted at the expense of small, independent producers and retailers who were designated “non-essential” and shut down, many for good. The high street was decimated. Stealing that market share was no accident – it was all part of an orchestrated consolidation of corporate power.
Amazon treated their staff with comtempt, I hope that they finally realise their staff was their biggest assest, not the amount of sales. If it wasn’t for the fact that their current situation will affect their employees, I would be happy to see them implode. For sure, the owners will feel no financial loss if history tells us it is the taxpayer who wears the cost of bankruptcy and people left without a job or entitlements. Big business does not mean better business.