Friday, July 27, 2012

Sales Soar, Earnings Fall At Amazon

Book2Book  Friday 27 July 2012

Total sales at Amazon rose 29% in the second quarter ended June 30, rising to $12.83 billion, while operating income fell to $107 million from $201 million in last year's second quarter. Both figures were hurt by foreign exchange and the sales figure was at the high end of its forecast with income exceeded its earlier predictions.



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