CHINA TOPIX

05/05/2024 01:09:38 pm

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Amazon Q3 earnings

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Fire Phone Burning a Hole in Amazon's Pocket

Amazon has lost $170 million in inventory commitments for the third quarter of 2014 alone, and is currently sitting on a $84 million inventory of Fire Phone units.

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Amazon Reports Larger-than-Expected Q3 Loss

Amazon.com is reporting a $544 million operating loss in their Q3 earnings call, with CEO Jeff Bezos citing more losses to come.

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