Friday, July 27, 2012

Amazon's profit margin rises as new businesses grow - Geeked ...

A box from Amazon.com is pictured on the porch of a house in GoldenSAN FRANCISCO (Reuters) - Amazon.com Inc reported quarterly results on Thursday that showed the growth of new businesses is boosting the profit margins of the world's largest Internet retailer. The company's product revenue, which includes its traditional online retail business, grew 25 percent to $10.79 billion. Services revenue, which includes its online marketplace for third-party merchants and its cloud computing business Amazon Web Services, surged 57 percent to $2.04 billion. ...


Source: http://www.geekedabout.com/news/index.cfm?iid=7&did=2489848

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