26.07.2013 09:05 Uhr, Quelle: Engadget

Amazon hit by surprise loss last quarter, despite 22 percent rise in sales

The retail game is all about scraping big profits out of tiny margins, and nowhere is that more evident than in Amazon's latest financial report. The company managed grow revenue by 22 percent year-over-year between April and June, and yet it confounded analyst predictions by making a loss of $7 million, versus a $7 million profit in the same quarter last year. Then again, the loss has been attributed to the fact that Amazon is pushing to expand beyond the retail game, by investing in its Kindle business, digital downloads and streaming products, as well as in a bigger presenc

Weiterlesen bei Engadget

Digg del.icio.us Facebook email MySpace Technorati Twitter

JustMac.info © Thomas Lohner - Impressum - Datenschutz