Arrington on Uncrunched:
To put that in perspective, realize this – Facebook will likely be more profitable than Amazon this year. On a quarterly basis they’re already there. Amazon had $191 million operating income in Q2 and $322 million in Q1 (financials here). That’s $513 million v. Facebook’s $800 million for the first half of the year.
Fascinating that Amazon with it’s constant price-dumping barely can make a profit. But we get cheap stuff for the masses.