03-05-2004, 11:47 AM
Quote:Originally posted by Vicious
They can't be losing money. They have to be making a profit somewhere. whether it be off banners and advertising or something. I can see a business losing money in the short term, but if they're consistently losing money, they will not stay in business. There is no reason for them to stay in business and continue to lose money. That is just simply bad business.
Amazing as it may seem Amazon only posted its first annual profit in January 2004: http://www.bizreport.com/print.php?art_id=6052