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Amazon with profits for the first time

Amazon with profits for the first time

The online seller Amazon posted a profit for the first time in the company's history in the fourth quarter of last year. In the same quarter last year, Amazon had a loss of $ 545 million. Revenue for the fourth quarter was $ 1.12 billion.

This is an increase of 15 percent over the year before last. Overall, Amazon turned over $ 3.12 billion in 2001 and posted a loss of $ 45 million. For this year, Amazon expects a further increase in sales of ten percent and a profit of 30 million dollars.