[thelist] Amazon posts a profit
aardvark
roselli at earthlink.net
Tue Jan 22 22:23:33 CST 2002
and for the Amazon discussion (that i apparently missed other than
the flame that came in earlier today)...
http://money.cnn.com/2002/01/22/technology/amazon/
Internet retailer posts first-ever profit the old-fashioned way, topping
forecasts.
NEW YORK (CNN/Money) - Amazon.com made good on founder
Jeff Bezos' promise to post its first-ever quarterly profit Tuesday,
handily beating Wall Street forecasts in the process.
Amazon didn't even have to resort to controversial pro forma
accounting methods. It posted a net profit of $5 million, or 1 cent a
share, for the quarter, using standard accounting methods.
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