Amazon’s Shrinking Profit Sets Off a Seismic Shock to Its Shares

Re:Amazon’s Shrinking Profit Sets Off a Seismic Shock to Its... by jasontsui on Friday April 25, 2014 @06:29PM (#7649458)

“We believe in the long term, but the long term also has to come,” says Bezos, explaining that periodically Amazon wants to “check in” with its ability to make money. Thus, in 2007, Amazon more than doubled its profit, to $476 million, on a 38% increase in sales to almost $15 billion.