Re: Beware of Amazon.com
Quoting Thom Mitchell <tjmitch@ix.netcom.com>: [snip] > Amazon is a big business but so was Kodak (not so big anymore). To be sure, they ain't exactly starving, although they aren't profitable. Just in case anyone cares: August 6, 2007 – Eastman Kodak Company yesterday announced its second quarter results for 2007. Kodak reported second quarter net earnings of $592 million and a 7 percent drop in sales to $2.51 billion year over year. Digital revenue increased 3 percent, while traditional revenue dropped 17 percent to $1.044 billion. Eastman Kodak 2007 Fortune 500 Rank: 182 (Previous rank: 155) Revenues US$13.274 billion Profits US$-601.0 million (i.e., loss) Market Value 3/23/2007 US$6.780 billion Leigh
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