Amazon still doesn't make a profit

Amazon also reported its total sales for 2012 topped $61 billion, up $13 billion from last year. In 2007, Amazon’s annual net sales were $14.84 billion. In other words, Amazon’s sales have quadrupled over the past five years. But profit? Not so much. Amazon ended 2012 with a $39 million loss on the year, which the company blamed on the cost of delivering all the stuff it sells, as well as on the price of digital content...

Amazon’s Growth Looks Like Walmart in the 1990s — But Even Better