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Ecommerce Forum

    
Amazon and its profits or lack of
Essex_boy

WebmasterWorld Senior Member essex_boy us a WebmasterWorld Top Contributor of All Time 10+ Year Member



 
Msg#: 4602385 posted 10:15 am on Aug 16, 2013 (gmt 0)

I think its a case of accountants and their numbers !

[telegraph.co.uk...]

 

oliondor

5+ Year Member



 
Msg#: 4602385 posted 11:37 am on Aug 16, 2013 (gmt 0)

They just cheat tax, but of course it makes profit...

tbear

WebmasterWorld Senior Member 10+ Year Member



 
Msg#: 4602385 posted 12:09 pm on Aug 16, 2013 (gmt 0)

'Amazon is still investing billions of dollars every year..........'

So, where does that money come from, if not from profit on sales?

Marshall

WebmasterWorld Senior Member 10+ Year Member



 
Msg#: 4602385 posted 12:20 pm on Aug 16, 2013 (gmt 0)

There was an article last year that Amazon's US profits were $5.95 per $1,000.00. So I suspect them not making a profit in the UK is not surprising or unrealistic.

Marshall

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