‘Think Profit’

MG Siegler compares Apple’s profit-focused business approach to Amazon’s:

As their dance with the dreaded red line proves, Amazon isn’t anywhere close to operating the way Walmart does yet. In fact, Amazon’s margins are so slim that Facebook, which just filed to go public today, recorded nearly double the profit of Amazon last year ($1 billion versus $631 million). That’s pretty crazy when you think about it.

Thursday, 2 February 2012