They've spent millions doing research on it - it can't be all >bad... I know I wouldn't like to run a 2.39 billion dollar deficit with *my* site. So they sold millions of Harry Potter books to help out in 2004, overall Amazon still wouldn't be considered a success. Maybe even THEY have areas of improvement?
"Amazon states straight out in their annual report that as of the end of FY 2004, they had an accumulated deficit of $2.39 billion and a stockholders deficit of $227 million. In other words, Amazon shares have a negative book value of about 56 cents a share; by contrast, eBay shares have a positive book value of around $5/share. Amazon's sales in 2004 were a record $6.9 billion, with earnings of $1.39/share, up over 1500% from $0.08 in 2003 and a loss in all previous years." ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Discover CFTicket - The leading ColdFusion Help Desk and Trouble Ticket application http://www.houseoffusion.com/banners/view.cfm?bannerid=48 Message: http://www.houseoffusion.com/lists.cfm/link=i:4:198781 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/4 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:4 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.4 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
