Amazon reports first loss in nine years, cites iPad mini in release

iDownload Blog
By Christian ZibregOct 26, 2012, 10:53 am415 pts
The people with the smile on the box had no reason to smile when their company, the online retail giant Amazon, yesterday posted third-quarter results today, reporting its first loss in nine years. Even as revenue increased by 27 percent annually, Amazon lost $274 million during the third quarter on net sales…

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