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Brick-and-Mortar

April 27, 2011

Amazon's Earnings Hurt by Spending as Revenue Increases 38%

Facebook Facebook Twitter Twitter LinkedIn LinkedIn <%2Fa>%20The%20building%20binge%20of%20warehouses%20and%20data%20centers%20sacrificed%20Amazon’s%20short-term%20profits%20to%20lift%20business%20over%20the%20long%20term,%20the%20company%20said%20when%20it%20released%20its%20first-quarter%20earnings%20statement.%0D%0A%0D%0Ahttps%3A%2F%2Fwww.mytotalretail.com%2Faggregatedcontent%2Famazon-earnings-hurt-spending-revenue-increases-38%2F" target="_blank" class="email" data-post-id="31819" type="icon_link"> Email Email 0 Comments Comments

The building binge of warehouses and data centers sacrificed Amazon’s short-term profits to lift business over the long term, the company said when it released its first-quarter earnings statement.

Read The Full Article The New York Times

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Companies:
Amazon.com

People:
Thomas J. Szkutak

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