Amazon in fiscal year 2012 for the first time in ten years net loss

Amazon recently released its 2012 fourth quarter report. Money newspaper shows, 2012 year the company posted a net loss of $39000000, this is Amazon first net loss in the past 10 years; its fourth quarter net profit of $97000000, drop compared to the same period 45%. In 2011, Amazon's annual net profit of $631000000.
Analysis shows, the huge expansion of business spending to offset the sales growth is one of the main factors causing the Amazon net loss.
MYEX min Asia International Express
2013-03-05