Amazon surprises with quarterly profit, stock rallies
Amazon.com Inc swung to an unexpected quarterly profit on higher sales in North America, its popular Prime subscription service and growing demand for its Web services, sending the online retailer`s shares up more than 17 percent.
Jul 24, 2015, 09:06 AM IST
Bezos defends Amazon's lack of profits, stance on publishers
Jeff Bezos, the chief executive of Amazon.com Inc, was unapologetic about his twenty-year-old company`s lack of profit during a rare public appearance on Tuesday, noting he spends just six hours a year on investor relations.
Dec 03, 2014, 09:02 AM IST
