X100 or wait for X100s?

Started Feb 11, 2013 | Discussions thread
Joel Stern
Joel Stern Forum Pro • Posts: 10,926
Re: Return policy works fine for Amazom

misterpepper wrote:

Their actual profit margin last quarter was only 0.46%. Gross profit margin was 24.13%.

Since they are basically (and I mean basically) a warehouse they can make it on 24% GPM, but where does the .46 come from? That is unacceptable for any business.

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