Amazon success
How long did it take for Amazon to have its first profitable quarter after launching in 1995? Was it … A.) 1 year, B.) 3 years, C.) 6 years or D.) 9 years?
The answer: C.) 6 years. When Amazon reported its first profitable quarter in the last stretch of 2001, it made $5 million on over $1 billion in revenue. In 2023, Amazon generated $574.8 billion in net sales. I think they’re onto something.