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Jeff Bezos Quotes
«[After all, analysts and investors alike have demanded for months that Amazon.com boost the company's value by selling more than just books and compact discs.] We are interested in anything where we can revolutionize the buying experience, ... Our vision has been to build a place to find anything.»
«We've never tested and we never will test prices based on customer demographics, ... What we did was a random price test, and even that was a mistake because it created uncertainty for customers rather than simplifying their lives.»
«In September, 6 of the 10 top-selling items on Amazon.com were from our electronics store.»
«We're very pleased with 40 percent growth.»
«We have for five years now declined to predict when Amazon.com might be profitable ... and we are finally answering that question.»
«[In connection with the restructuring, Amazon said it will take a charge against earnings of more than $150 million in the first half of 2001.] No company enjoys making such a decision, and it's always difficult and painful ... But it was clearly the right business decision for us as we pursue making this into a profitable company.»
«We'll ferociously manage the products we carry so that we sell only products that are profitable, ... The thirty-pound box of nails isn't long for our world.»
«For the fifth consecutive quarter, we saw substantial improvements in our operations and bottom-line performance, ... Electronics demonstrated especially strong growth and improvements.»
«It would make sense to add one or two additional board members.. to increase even further [our] operational expertise,»
«These price cuts ... do pressure our margins, but at the same time what they do is drive a lot of volume which helps us because we have a high fixed-cost structure,»