Friday, 27 July 2012

Amazon Q2 2012 Results

Amazon has just posted its Q2 2012 results for everyone to see. Year over year, net income is down 96%! This is really bad news for Amazon, as this is a massive amount of money to be loosing. Its not all doom and gloom though, as their sales are actually up 26% on the same time last year. This must mean that they're selling stuff, just not a very big profit, or they have spent big sometime this quarter!

1 comment:

Billy said...

wow! That is a big loss!

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