Slashdot Mirror
Amazon Makes a Profit
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.
A sign of the Apololypse?
Like AOL/TW suing, say, Microsoft?
Oh, wait...
I like you, Stuart. You're not like everyone else, here, at Slashdot.
No, if you read the article instead of applying your pre-formed assumptions, you'll find that the profit was under generally accepted accounting principles. The pro forma profit was even higher. Amazon beat out the expectations of the naysayers.
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