![]() The Guardian |
Amazon profit misses as costs surge; shares tumble
Reuters SAN FRANCISCO, July 22 (Reuters) – Amazon.com Inc (AMZN.O) quarterly profit fell far short of Wall Street estimates, hurt by a 40 percent jump in expenses and by price cuts on its Kindle electronic reader, sending its shares down 14 … Amazon's Profit Rises but Misses Forecasts Amazon Misses as Web Spending Weighs on Earnings Amazon Profit Disappoints |
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