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Amazon Makes a Profit

Posted by chrisd on from the satan-ordered-a-book-on-freezing-hell-apparently dept.

sofar writes: "Amazon finally makes a profit. Well, only $ 5mln, but maybe you can actually earn something on your stock now. At 1c a share it's no pension fund in Florida yet." I wonder how much of that profit represents 1-click licensing fees.

2 of 311 comments (clear)

  1. oh please by ChannelX · · Score: 5, Insightful

    I can't believe people. Amazon posts a profit for the first time (and on a reasonable time schedule in the real world) and then someone complains that it's not a big enough profit. What did the submitter expect? a 1-billion dollar windfall? considering the state of the US economy at the moment the fact that amazon made a profit is even better.

    --
    My blog: http://jkratz.dyndns.org/~jason/blog/
  2. Re:Great! by 2Bits · · Score: 5, Insightful

    [DISCLAIMER: I own Amazon stock, and I still believe that a company that provides good customer services can't be bad, so I'm holding onto it]

    Agreed.

    As much as I hate about their one-click patent, Amazon is best place for books and other stuffs. Their recommendation feature is excellent. I found out a lot of authors that I would have known otherwise. And the service is first class. If only other companies would care so much about service quality too....

    Sure, Amazon has been losing tons of money, but you have to give credit to the company for very good forcast of their target. They have been very good at being on the mark in the past.

    Now, if Jeff Bezos commits to more consistent customer privacy policy, I would be a really happy customer (and shareholder too).