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Correction on Amazons Quarterly Profit

post from Daring Fireball on 27 July 2012 04:02:43 PM. © Daring Fireball

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.

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Read The Full Article:
http://in.reuters.com/article/2012/07/27/net-us-amazon-results-idINBRE86P1LV20120
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