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April 27, 2012

Amazon’s Earnings Decline 35% but Top Forecasts

Facebook Facebook Twitter Twitter LinkedIn LinkedIn Investors%20in%20many%20other%20companies%20might%20panic%20upon%20hearing%20of%20a%2035%20percent%20drop%20in%20net%20income.%20When%20Amazon.com<%2Fspan>%20reported%20those%20results%20on%20Thursday,%20its%20shares%20went%20up%20almost%2015%20percent%20in%20after-hours%20trading.<%2Fa>%0D%0A%0D%0Ahttps%3A%2F%2Fwww.mytotalretail.com%2Faggregatedcontent%2Famazon-s-earnings-decline-35-but-top-forecasts%2F" target="_blank" class="email" data-post-id="22822" type="icon_link"> Email Email 0 Comments Comments

Investors in many other companies might panic upon hearing of a 35 percent drop in net income. When Amazon.com reported those results on Thursday, its shares went up almost 15 percent in after-hours trading.

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