Correction on Amazon’s Quarterly Profit

Speaking of quarterly profits, my earlier piece on Amazon’s Q3 profit was wrong; I was bamboozled by Tim Carmody’s reporting of their operating profit ($107 million), as opposed to net profit, which was just $7 million.

Not to worry, though. That still compares well to Apple’s $4 million in (per hour) profit for the same quarter.

★ Friday, 27 July 2012