Amazon.com Clicks Up Sales, Down On Profits
Lots of price cutting and lower shipping charges to consumers may have the online retailer ready to turn the corner.
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Lots of price cutting and lower shipping charges to consumers may have the online retailer ready to turn the corner.
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Amazon.com announced second quarter earnings and their primary goal of increasing cash flow was realized. Free cash flow topped $486 million, up 37%. Amazon, the world largest online retailer has been fighting to maintain its grip in the wake of many retailers heading to the Internet.