Boston, MA 05/23/2014 (wallstreetpr) – Amazon.com, Inc. (NASDAQ:AMZN) is already a great company. It is a profit maker, a great innovator and a big employer. It also takes on rivals mercilessly when it means to create value for its shareholders. In fact, the company just talked about its dream of one day making deliveries through robots. However, the company is also very secretive, and that is something that shareholders would want to see changed.
The company not only naturally keeps a tight lid on its product pipeline, but reporters are hardly allowed to do what would be ordinary when they visit other tech companies, for example, Microsoft Corporation (NASDAQ:MSFT).
However, Amazon CEO, Jeff Bezos, does not think of the company as secretive. When shareholders asked this week why the company seems secretive, Mr. Bezos said that to the contrary, Amazon only likes keeping its things quite for competitive reasons.
A Company That Talks
While tech companies almost always try hard to keep their matters especially product pipeline secret to avoid giving undue advantage to competitors, they still talk about many things that are not only important for the investing community but also customers. Therefore, Amazon.com, Inc. (NASDAQ:AMZN) shareholders would want to see the company being less secretive in the future.
Interestingly, Amazon’s Bezos seems to love how Apple Inc (NASDAQ:AAPL) also keeps its product pipeline out of the public domain. He said at a shareholder event this week that he would love to know about the roadmap of Apple’s products, alluding to the manner in which the iPhone maker also tends to shut the public out its future product plans.
Scaring Investors
Looking at the manner shareholders questioned Amazon.com, Inc. (NASDAQ:AMZN) chief over the company’s secretive nature, time may have just come when investors will be attracted to companies that share their information more freely. In any case, understanding the product roadmap of a company helps in making investment decisions.
