Amazon (AMZN)

Amazon reported Q3 earnings of $0.46 per share on net income of $199 million versus $0.27 per share on net income of $118 million. Sales where up 28% to $5.45 billion.
“Kindle has become the #1 bestselling item by both unit sales and dollars – not just in our electronics store but across all product categories on Amazon.com. It’s also the most wished for and the most gifted. We are grateful for and energized by this customer response,” said Jeff Bezos, founder and CEO of Amazon.com. “Earlier this week we began shipping the latest generation Kindle. Its 3G wireless works in the U.S. and 100 countries, and we’ve just lowered its price to $259.”

Oct 23 · 12:02:00 PM · Source: Press Release
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by Michael Oliveto