Amazon soars as digital sales boost margins
(Reuters) – Amazon.com Inc’s stellar quarterly results are helping convince skeptics on Wall Street that a bout of intense spending is beginning to pay off for an Internet retailer trying to transform itself into a technology company. Shares in Amazon leapt 15 percent on Friday after it reported first-quarterearnings and margins well above investors’ most bullish […]
Apr 28 2012 | Posted in Sci-Tech | Read More »