Amazon’s sales jump 35%
Written by Toni DasGupta on July 24th, 2007 | Posted in Squawk-Box
From WSJ: Amazon’s profit more than tripled to $78 million as the Internet retailer logged strong growth across product lines and kept expenses in check. Quarterly revenue jumped 35% to $2.89 billion, including 27% growth in its core business selling books, movies and music. The company forecast sales will rise between 30% and 38% in the current quarter.
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