The well news , if you ’re Amazon ? You just sold $ 61.09 billion Charles Frederick Worth of poppycock in 2012 . That ’s approximately the GDP of Croatia ! The less good for you but reasonably funny for everyone else news ? You somehow lost $ 39 million doing it . patronage !
While Amazon did turn a $ 97 million profit this most late quarter , the most striking figures from today ’s earnings report come up from the full - year tally above . And while the Good Ship Bezos drop some major change bringing aboard robot society Kiva and snap up Instant Video licensing agreements like candy canes at Christmas , that still does n’t quite report for the order - of - magnitude break between what it sold and what it earned .
What hurts the bottom blood line ? The fact that its well - vender , the Kindle Fire HD , is a exit leader . Amazon Prime ca n’t help . And catching up to Netflix content offering is a killer . Most of all , though , Amazon ’s prime directive is still to get people under its tent , using its mathematical product , relying on its ecosystem . In other words : everything that makes Amazon one of the smart , most patient companies in tech also gives Amazon one of the silliest balance sheet .
The ship’s company ’s having a conference call at 5 pm EST to discuss the salary ; we ’ll be listen in and will update as warranted . In the meantime , rest period assure that every fourth dimension you call up a Gold Box deal is too good to be true , it very likely is . [ Amazon ]
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