I knew Amazon would do it. News.com: Amazon posts its first net profit. "In a fourth quarter marked by strong international sales and cost cutting, Amazon.com on Tuesday reported its first-ever net profit, on record sales, delivering on its promises to Wall Street." Jeez, "Fourth-quarter sales were $1.12 billion, compared with $972 million a year ago." I wonder if the other major "e-retailer" I use, Buy.com, is making a profit yet.
Wow, and thanks to cutting costs, among other things, by switching to Linux, "Amazon said it will provide a new class of shipping dubbed "Super Saver Shipping," which will offer free delivery for orders over $99. With the new policy, the company is making a standard practice of its usual holiday-season promotion" though "Super Saver Shipping may add three to five days to delivery times." boo. 
Tuesday, January 22, 2002
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