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Old 06-27-2013, 02:57 AM   #52
Ansileran
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Posts: 136
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Join Date: Jun 2013
Location: China, Yunnan, Kunming
Device: Sony PRS-505, Kobo Aura HD, Cybook Odyssey HD
Quote:
Originally Posted by Andrew H. View Post
This is just wrong. Amazon doesn't have "massive" profits. Amazon doesn't make "BILLIONS" in profits as you asserted in a previous post.

Amazon lost money in 2012, and made a few million dollars in 2011. It is a *barely* profitable company...and profits are paid on a company's profits, not its revenue.
Well, nothing to worry about then. If it's not profitable, it will go bankrupt in a few years

Maybe buyers of Amazon's Kindle and e-books should worry though... What happens to your wonderfully cloud stored e-books when Amazon goes bankrupt? What the use of your "locked to Amazon's format" Kindle?
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