Amazon has reported that while sales for the quarter ended June 30 soared 51% to $9.9 billion, profits dipped 8% to $191 million from $207 million on higher operating costs. Still, the company beat
Wall Street expectations.
Worldwide electronics and other general merchandise sales grew the fastest at 69%; sales in the media category grew 27% to $3.66 billion. North America grew 51% to
$5.41 billion while international segment sales grew 51% to $4.51 billion.
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