Amazon defies spending slump

July 25, 2008 · Filed Under Other auctions news 

The world’s largest Internet retailer announced Wednesday that its second-quarter profit more than doubled over the same period a year ago, blowing past analysts’ expectations while shrugging off a slumping domestic economy as overseas consumers gobbled up video game consoles and other electronics.

This article from ReportonBusiness.com 23 July 2008
Read more of this article at ReportonBusiness.com site.

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