Thursday, January 31, 2008
International Sales Propel Amazon Profits
Amazon.com Inc. said Wednesday its fourth quarter profit more than doubled, helped by fast growing international sales. The Web retailer also issued better than expected guidance and appeared unconcerned about a possible recession.Amazon's earnings in the crucial holiday quarter climbed to $207 million, or 48 cents per share, from $98 million, or 23 cents per share, in the same period last year.
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