Domains are GoDaddy's loss-leader. All profits come from cross-selling, up-selling, and shady tactics. A registrar that has sold 1 million domains at $10/year

Domains are GoDaddy's loss-leader. All profits come from cross-selling, up-selling, and shady tactics. A registrar that has sold 1 million domains at $10/year price, and does nothing else, is one that will make at most about $25,000/year in profit max after various costs (reg fees, support, etc), but more likely will be in the hole. I stopped blaming GoDaddy a long time ago. This is just the nature of the game.