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26th July 2014, 09:36 PM
#2
I just read that Amazon have been losing money, despite massive revenues of almost US$20 Billion in just the second 3-month period of 2014 (yes, Billion dollars).
Even though the loss for that quarter was a massive US$126 Million, that's still less than 1% of their revenue. But they've been losing money for a while now, and the next quarter is estimated to be a loss that is three times as much... so maybe the cheap/free shipping and international sales might end, which has to be what is costing them money.
Maybe Slog not being available to us is a sign of things to come from Amazon... which would be a shame to lose such a great, cheap source of toys.
(to be honest, Amazon should be a very profitable entity considering the amount of stock they sell, and the commission they must be making from being an agent for other dealers)
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