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News > Technology
Bezos aims for black ink
May 21, 2001: 8:24 p.m. ET

Company on track to profitability, but Amazon CEO makes no guarantee
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NEW YORK (CNNfn) - There was a time when any stock that ended with ".com" could do no wrong in investors' eyes, and Jeff Bezos, founder and CEO of Amazon.com, was the undisputed poster boy of the New Economy.

But then the dot.com boom went bust and the Seattle-based online superstore has struggled through a difficult environment toward the elusive goal of turning a profit.

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In an exclusive interview Monday on Lou Dobbs Moneyline, Bezos told Dobbs that his company is still on track for its first operating profit by this year's fourth quarter but would make no specific promises.  graphic





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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.