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Amazon.com
Acquired
Is This a New Business Model?
Jeff Bezos came back after the galley incident and said he was going to make a radical shift in his company's business model. The stock jumps 25% in one day, which no other internet stocks were jumping up in that moment in time. In Q4 of 2001, they do 1.1 billion of revenue, 59 million of operating income, 35 million of pro forma adjusted net income,. They do $5 million of honest to God. You can touch it, taste it, take it home, put it in your bank account, gap net income for fourth quarter of 2001.
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