Angsuman Chakraborty
Posts: 19816
Nickname: angsuman
Registered: Dec, 2003
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Angsuman Chakraborty is the CEO and Chief Architect at Taragana
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Amazon 2nd-quarter profit up, helped by electronics sales, but stock falls on Wall Street miss
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Posted: Jul 22, 2010 10:56 PM
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Amazon 2Q profit jumps 45 pct; misses Wall Street
SAN FRANCISCO â Amazon.com Inc. said Thursday that its second-quarter net income jumped, bolstered by shoppers who spent more with the online retailer even as consumer confidence fell overall.
But the Seattle-based company's earnings fell below analyst expectations, and its stock dove in after-hours trading.
For ... Original source on Gaea Times at : Amazon 2nd-quarter profit up, helped by electronics sales, but stock falls on Wall Street miss.
Read: Amazon 2nd-quarter profit up, helped by electronics sales, but stock falls on Wall Street miss
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