Amazon?s profits are down though sales are up

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Amazon’s profits are down though sales are up
The recently ended holiday season was a hot one for online retailer Amazon.com. However, the company has said that their profits plummeted in the year-end quarter of 2006.
The company’s net income for its fourth fiscal quarter was 98 million dollars. This is down massively from earnings of 199 [...]

http://business.techwhack.co/1810/amazon/
 
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