Thread: How Amazon Makes Money or Duh
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Old 12-18-2013, 06:20 PM   #19
Andrew H.
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Quote:
Originally Posted by elemenoP View Post
How does Amazon make money? They don't. They grow revenue every quarter, and they have yet to turn a profit.
It's not true that Amazon has never turned a profit - their first profitable year was in 2003, and they turned a profit as recently as 2011. It is true, however that they have generally had a low margin and never been *very* profitable when compared to their revenue.
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