Around the Net

Amazon Boasts Strong Q3 Earnings

Beating analysts’ expectation, Amazon reported revenue of $43.74 billion for the third quarter of the year. ‘Without including Whole Foods [which it bought this past quarter], the company increased sales by 29% year-over-year,” Business Insider points out. Meanwhile, “Amazon is gearing up for the holiday shopping season and said it expects net sales between $56 billion and $60.5 billion in the fourth quarter.”

Read the whole story at Business Insider »

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