On October 22, 2009
Amazon Hits Strategic Tipping Point in North America
Amazon announced its relentlessly strong results today, with year-over-year Q3 sales up 28 percent, free cash flow doubling, and operating income up 62 percent. Get past the headline news and into the numbers, and you see an even more interesting story: Amazon quickly continues its march away from being a “media” company and to one with a far more diverse set of revenue streams and business interests.
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