Quote:
Originally Posted by pwalker8
Actually, it seems that they do lose money. In this article about how Amazon is now removing the pre-order buttons for Disney DVD and Blu-Ray titles as part of their contract negotiations with Disney, it mentions that Amazon lost $126 million last quarter and is projected to lose as much as $810 million this quarter.
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Oh yes, I know Amazon post a loss, but that's just creative accountancy - it doesn't mean they're losing money. They don't want to make a profit - they'd have to pay tax on it if they did. Making a loss is good: no tax. My accountant always seems to figure out a way for my business to make a loss
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