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Business News: Is Amazon.com's Retail Business Actually Profitable? (It's Complicated)

In 2017, Amazon.com (NASDAQ:AMZN) earned a net profit of $3 billion under U.S. GAAP accounting rules, or $3.8 billion before tax. However, those figures are just a starting point for understanding the profitability of the fast-growing e-commerce giant. For one thing, Amazon Web Services -- which started off as a side business -- has become…


Source:www.fool.com


Posted: 2018-04-14 18:10:00

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Hey Facebook, I’m Quitting You—and It’s Not Just About Cambridge Analytica

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How Mark Zuckerberg Fixed Facebook

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Making the Most of Crypto Mining Tax Breaks

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