Thread: How Amazon Makes Money or Duh
View Single Post
Old 12-18-2013, 05:33 PM   #18
elemenoP
Wizard
elemenoP ought to be getting tired of karma fortunes by now.elemenoP ought to be getting tired of karma fortunes by now.elemenoP ought to be getting tired of karma fortunes by now.elemenoP ought to be getting tired of karma fortunes by now.elemenoP ought to be getting tired of karma fortunes by now.elemenoP ought to be getting tired of karma fortunes by now.elemenoP ought to be getting tired of karma fortunes by now.elemenoP ought to be getting tired of karma fortunes by now.elemenoP ought to be getting tired of karma fortunes by now.elemenoP ought to be getting tired of karma fortunes by now.elemenoP ought to be getting tired of karma fortunes by now.
 
Posts: 1,717
Karma: 3790058
Join Date: Oct 2010
Location: NYC
Device: Kindle Paperwhite, Sony 650
How does Amazon make money? They don't. They grow revenue every quarter, and they have yet to turn a profit.

http://www.nytimes.com/2013/10/22/te...ofit.html?_r=0

So yes, they DID sell you that Kindle--and everything else!--at a loss.

eP
elemenoP is offline   Reply With Quote