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Was Amazon running at a loss at the gross margin level or the profit level? Losing money at the profit level is fine, since that includes things like buying wa
by Guvante 14y ago
Was Amazon running at a loss at the gross margin level or the profit level?
Losing money at the profit level is fine, since that includes things like buying warehouses or developing technology.
Losing money at the gross margin level means you aren't even being paid for the goods you ship out, let alone the money you spend in infrastructure.
- scott_meade 14y agoGood point Guvante. Amazon has always had a gross profit. Almost no comments here recognize the vast difference between Ecomom's and Amazon's income statements. Ecomom: never had a gross profit. Amazon: has always had a gross profit. http://www.wikinvest.com/stock/Amazon.com_(AMZN)/Data/Gross_Profit/1999/Q2?ref=chart http://www.wikinvest.com/stock/Amazon.com_(AMZN)/Data/Gross_... and http://www.nasdaq.com/markets/ipos/filing.ashx?filingid=426855 http://www.nasdaq.com/markets/ipos/filing.ashx?filingid=4268...