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Amazon: Never really profitable, now has first loss in 5 years. Share price unaffected.
#5
With some of their prices, I've always wondered how (if) Amazon made any money. Yet they're the Internet retail giant. Further yet, when I ask most of my friends...they say they don't use it much because they're not too sure about buying online (they buy everything locally). I can't stagger to think about Amazon's profits once they convert these 'heathens'. :-P
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Re: Amazon: Never really profitable, now has first loss in 5 years. Share price unaffected. - by Carnos Jax - 10-26-2012, 03:28 AM

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