Not profitable? They made almost 600 million dollars profit, after taxes last ye... | Hacker News

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dlgeek on April 8, 2016 | parent | context | favorite | on: Jeff Bezos’ letter to shareholders

Not profitable? They made almost 600 million dollars profit, after taxes last year.

amdavidson on April 8, 2016 [–]

Almost $600 million on $107 billion in revenue.

A profit margin of 0.57% [0]. That's so close to zero that I'm comfortable saying they're not profitable.

[0]: https://finance.yahoo.com/q/ks?s=AMZN+Key+Statistics

fapjacks on April 8, 2016 | [–]

Well, I'd take that profit margin over a 200% profit margin that nets me $1,000 any day.

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