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.
The purchaser of the 10 billionth song from iTunes was 71-year old Louie Sulcer from Woodstock, Georgia. The song was "Guess Things Happen That Way" by Johnny Cash. Sulcer got a call from Steve jobs and a $10,000 iTunes gift card. [more...]