The Success of Amazon.com

Why is amazon so successful ? Hmm… maybe I should first ask how successful amazon has been ? I remember reading a few years ago that amazon was never making money. Everybody loved them and bought their stock. But they were just like all the other dot.com’s and made no money. Well, that was then. First profits were made during the 4th quarter of 2001, and last year (2007), the NY Times reports, amazon had 4th quarter profits of $207 million with sales of $5.67 billion. That’s not bad. I’d say they are successful… to be continued…

 

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