Quote:
Originally Posted by tubemonkey
I was thinking the same thing. This is something you'd expect from Apple, not Amazon.
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Maybe I'm taking you too seriously, but:
Apple earned $10.7 billion in profits on quarterly revenue of $49.6 billion. That works out to a 22 percent profit margin.
Amazon earned $92 million in profits on quarterly revenue of $23.2 billion. That works out to a 0.4 percent profit margin.
Apple's profit margin for the quarter is thus about 55 times greater than Amazon's.
Source:
http://blogs.wsj.com/moneybeat/2015/...eauty-contest/