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Amazon Posts Strong Q1

  • Reuters, Friday, April 28, 2017 11:54 AM
Beating analysts’ estimates, Amazon saw net sales during the first quarter increase by 23% to $35.7 billion. The tech giant credited retail and cloud-computing sales with the strong performance, Reuters reports. “More fees from Amazon’s Prime shopping club and media streaming services, along with growing advertising revenue, also boosted results.”

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