October 24, 2014
It’s not easy to justify to investors how you can make $20 billion in revenue and still lose money, but that’s the question Amazon CFO Tom Szkutak had to answer repeatedly when defending Amazon’s vision for growth. Amazon’s third-quarter earnings released Thursday (Oct. 23) showed the company reported an operating loss of $544 million, despite having $20.58 billion in sales. The loss […]
