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VIEW EVENT INFORMATION: amazon |
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Amazon CFO Kinda, Sorta Defends The Company’s Disappearing Profits |
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About the organization Amazon: Type: Business Sub-Types: Downloading Agent, Website, Retailing Agent, E-Commerce, Internet, Online Store, Store, Application Software, Telecommunication, Telecommunication Software, Online Shop |
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Notable Organizations: Amazon, Techcrunch |
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What’s going on with Amazon.com’s profits? That’s what a few of the analysts on today’s earnings conference call seemed to be asking, albeit with some convoluted, finance-focused questions.
The context is a disappointing third quarter earnings report. While sales continue to grow, profits have not been doing the same, with Amazon only bringing in $7 million of net… |
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