Pertinent question by BBC from 2001: "When will Amazon make a profit?" [1] > But its overall performance has remained loss making as it invests in new areas an

Pertinent question by BBC from 2001: "When will Amazon make a profit?" [1] > But its overall performance has remained loss making as it invests in new areas and products as part of its 'land grab' strategy. > The strategy is to secure a large slab of the global etail market as it evolves. > The idea is that this large share of the market can then be converted into profits in years to come. It's amazing how 13 years on Amazon is still pretty much where it was in 2001 in terms of philosophy and losses. And I suppose the answer still remains, its "large share of the market can then be converted into profits in years to come." [Edit - added URL] [1] - http://news.bbc.co.uk/2/hi/business/1195954.stm http://news.bbc.co.uk/2/hi/business/1195954.stm