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by falk 4713 days ago
I was being hyperbolic. Sorry. Amazon has made a minuscule amount of profit. Their numbers are horrible. I can't believe their shareholders put up with them.

Their most profitable year, 2010, they only made $1.15-billion of profit off of $34-billion in revenue.

In 2011 they made only $631-million off $48-billion.

In 2012 they had a worldwide loss of $39-million.

http://www.slate.com/blogs/moneybox/2012/10/26/amazon_profit...

http://guardian.co.uk/commentisfree/2013/may/16/amazon-tax-a...

1 comments

> Their numbers are horrible. I can't believe their shareholders put up with them.

Yeah. At the end of the day, it's all about the quarterly profit. If a company isn't chasing the short-term dollar, the shareholders must be suckers.

freyr gets it. Who'd want to own 10% of barely profitable AMZN when they could own 100% of their local, highly profitable deli?