Amazon reports $274 million loss

Amazon.com Inc. posted a loss of $274 million, or 60 cents per share, in the July-September period. That’s down from earnings of $63 million, or 14 cents per share, a year earlier.

And this is what happens when you sell your shit at cost.



  • Canucker

    Tough to beat 14 cents per share. Oh, wait….

  • guest

    Amazon has a long-term plan. They’ll be fine.

    • http://www.loopinsight.com Jim Dalrymple

      I agree

  • tyr

    Somewhere former brick-and-mortar store owners are laughing bitterly.

  • pawhite524

    I bet they’ll make it up this loss by selling more Kindle Fire tablets! Hey, wait a second…

  • http://www.tumblr.com/blog/his-divine-shadow His Shadow

    Watch their stock go up.

  • Techpm

    “You lose money on every sale” “Yes, but we’ll make it up in volume!”

  • http://twitter.com/billyrazzle Billy Razzle

    BWAAAAAAAAAA HA HAAAAAAAAA

  • http://twitter.com/etroxel Evan Troxel

    Now imagine if Apple reported a loss. The backlash would be deafening.