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With operating income of $79M on sales of $10.9B, Amazon (AMZN) has a profit margin of 0.7% vs....

With operating income of $79M on sales of $10.9B, Amazon (AMZN) has a profit margin of 0.7% vs. 3.5% a year ago. "At what point do profits matter more than revenue growth," asks a trader. Amazon will have 1% operating margins on the Kindle Fire and that will improve their overall number. Shares -14% AH.
Comments (1)
  • jstratt
    , contributor
    Comments (2015) | Send Message
     
    Jeff Bezos is the greatest salesman of financial products in the past 100 years. He has taken a company that has never made much money and enticed people to value it in the 100 Billion + range for a decade.

     

    Many people live in a town with a grocery store that has earned more than AMZN since its existence.
    25 Oct 2011, 05:05 PM Reply Like
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