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Amazon Second Quarter Earnings Call |
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Author: 123jump.com Staff
123jump.com
Last Update: 4:23 PM EDT July 25 2007
The revenue of Amazon grew 35% to $2.89 billion, exceeding the analysts’ expectations of $2.81 billion. Operating income jumped to $116 million as the level of expenses, as a percentage of revenue was lower than last year''s second quarter. The release of “Harry Potter and the Deathly Hollows,” which, with worldwide advance orders of more than 2.2 million, was the company’s largest new product release. For Q3, sales are expected to be in a range of $3 billion to $3.18 billion. |
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