Amazon revenue tops $10 billion, takes profits hit to invest in Kindle

Ugh, journalists are such useless idiots these days. They’re screaming today about Amazon’s profits drop as if it’s the end of all ecommerce as we know it. They should actually be shouting about Amazon’s revenue increase of 44 percent, to top the $10 billion mark. Sure, profits are down temporarily. But that’s because Amazon are taking a temporary loss to establish the Kindle and go head-to-head with Apple.

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