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Reuters: Amazon profit, sales above view and shares rise

Started by chris, July 24, 2008, 03:41:09 PM

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chris

Amazon profit, sales above view and shares rise
      


SAN FRANCISCO (Reuters) - Amazon.com Inc  said on Wednesday quarterly profit doubled and sales grew 41 percent, indicating to Wall Street that many cost-conscious shoppers are heading online to save money in a tough economy.
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