From the Amazon 10Q filed today. Revenues are broken down
into some categories but expenses are not. How does
Amazon know the book business was profitable?
Talk about a blatent line of crap.
US BOOKS, EARLY-STAGE
MUSIC AND BUSINESSES
DVD/VIDEO INTERNATIONAL AND OTHER CONSOLIDATED
--------- ------------- --------- ------------
(IN THOUSANDS)
<S> <C> <C> <C> <C>
THREE MONTHS ENDED MARCH 31, 2000:
Revenues.............................. $401,415 $ 75,132 $ 97,342 $ 573,889
Gross profit.......................... 82,855 16,036 29,243 128,134
Segment loss.......................... (2,425) (27,448) (69,393) (99,266)
Other operating expenses.............. -- -- -- (98,626)
Net interest expense and other........ -- -- -- (22,269)
Equity in losses of equity-method
investees.......................... -- -- -- (88,264)
----------
Net loss.............................. -- -- -- (308,425)
==========
THREE MONTHS ENDED MARCH 31, 1999:
Revenues.............................. 267,522 25,719 402 293,643
Gross profit.......................... 59,266 5,157 368 64,791
Segment loss.......................... (3,117) (14,253) (13,201) (30,571)
Other operating expenses.............. -- -- -- (21,410)
Net interest expense and other........ -- -- -- (5,763)
Equity in losses of equity-method
investees.......................... -- -- -- (3,923)
----------
Net loss.............................. -- -- -- $ (61,667) |
