In fact, I strongly believe any nascent technology that cannot exist without subsidies beyond an introductory period will not gain market penetration, and is not worth supporting.
Imagine a hypothetical situation where mobile phones reach 100% penetration and tablets reach 30% penetration in the U.S. by the end of our forecast period.
There could be an upside of 10% to our price estimate for Amazon stock if the online penetration of EGM retail sales accelerates towards 33% by the end of our forecast period.