Tim Carmody, The Verge:
On Thursday, Amazon reported an operating profit of $107 million on $12.83 billion in net sales. Last quarter, the company bagged $192 million on sales of $13.18 billion; a year ago (also a useful comparison, since retail sales are seasonal), it earned $201 million on sales of $9.91 billion. So even though it sold slightly less in the quarter, year-over-year, Amazon continues to grow like gangbusters: 29%, according to the official release.
$107 million in profit for the quarter. That compares well to Apple’s $97 million in profit (per day) for the same quarter.
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