O'Reilly logo
  • Ifeanyi Agwunobi thinks this is interesting:

In addition, Amazon added services and alliances to attract more customers and increase sales. In January 2002, Amazon.com declared its first-ever profit—for the 2001 fourth quarter; 2003 was the first year it cleared a profit in each quarter.

From

Cover of Information Technology for Management: Advancing Sustainable, Profitable Business Growth, 9th edition

Note

In business, patience is never under valued. Most businesses crumble when the business is its incline but hasn't shown significant profits. Ex. of patience on a large scale is Amazon. It started it business method in 1995 and didn't show profit until 2002.