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Amazon and its profits or lack of
Essex_boy




msg:4602387
 10:15 am on Aug 16, 2013 (gmt 0)

I think its a case of accountants and their numbers !

[telegraph.co.uk...]

 

oliondor




msg:4602399
 11:37 am on Aug 16, 2013 (gmt 0)

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

tbear




msg:4602410
 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




msg:4602413
 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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