Quote:
Originally Posted by dirtylc
Sirbruce I suggest you look a little deeper then tossing out half-truths, Amazon makes profit. period. Check their 4th quarter earnings for 2009 during the worst economy in 50 years. Give me a break!!!!!
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I never said Amazon didn't make a profit. They make a good profit on books and software, and shoes. Most of the other business units are marginal but positive. Ebooks were 5% of Amazon's total book sales, but the profit per book on the mainstream titles is almost zero or even below zero. They're in the process of making the market; profits will come later.