Brian Klug came across an item on Amazon.com carrying a price of $3 billion with $3.99 shipping. Out of curiosity, he ordered it from the Amazon affiliate. The order was processed but later cancelled. The reason given was “unable to complete the order”.
Amazon hadn't made a profit in the first six years of operation. Launched in 1994, the company showed profit in the books only in the last quarter of 2001. [more...]