Amazon Reports $148 Billion in Second Quarter Sales
Source: New York Times
Amazon reported on Thursday one of its most profitable quarters on record as it continued to wring efficiencies out of its growing business.The company had $148 billion in sales from April through June, up 10 percent from a year earlier. Profit hit $13.5 billion, roughly double since the same period last year.The profit surpassed Wall Street’s expectations, though the sales fell short. Amazon also told investors…
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