Showing posts with label amazon results seattle. Show all posts
Showing posts with label amazon results seattle. Show all posts

Friday, April 27, 2012

AMAZON'S NET DECLINES

The Seattle based Internet retailer, reported net income of $130 million, for CYQ1, as compared to $201 million,  in the same period a year ago.

Amazon’s revenue rose 34 percent to $13.18 billion from $9.86 billion a year ago. Analysts on average were expecting Amazon to report  revenue of $12.9 billion for the quarter.