Re:Why Amazon Has No Profits and Why It Works
by baddox on Friday September 05, 2014 @11:58PM
(#8277461)
> Saying that Amazon doesn't make a profit depends on a misleading definition of the word "profit".
It's only misleading if you pick a definition of "profit" at random rather than investigating the definition being used in the article. As the article states, Amazon's gross profit is over 20%. And the article briefly hints that gross profit is not a very useful metric. It's certainly of little immediate relevance to Amazon's investors.
It's only misleading if you pick a definition of "profit" at random rather than investigating the definition being used in the article. As the article states, Amazon's gross profit is over 20%. And the article briefly hints that gross profit is not a very useful metric. It's certainly of little immediate relevance to Amazon's investors.