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WTF: Amazon Barely Ekes Out Profit on $21B in Sales, Misses Estimates, Stock Jumps 10%

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🐈 Crush White Christian Nationalism 🐈1/30/2013 5:41:41 am PST

re: #5 Destro

Amazon saw just $97 million in net profits in Q4. Yes, $97 million. That would be a big win for a company with $1 billion in revenue, but I’m probably not going out on a limb to say that it’s a red flag when you’re doing $21 billion.

Is it because they are undercutting the brick and mortar competition by undercharging for goods?

I don’t think so. They wouldn’t operate at a loss, so perhaps you’re just used to being over-charged for goods to pay for showrooms and sales people.