Holidays Pay Off Big For Amazon
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Amazon also said that consumer electronics replaced books for the first time as the largest sales category. The top selling electronics products were the Apple iPods and a Phillips DVD player.
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Online retailers had a better-than-expected start to the holiday season, according to one Internet research firm that tracks online sales.
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Online merchants are poised to record a much bigger rise in holiday sales than their offline counterparts. Broadband expansion, more luxury gift sales and a rise in late shoppers help the bottom line. By Joanna Glasner.
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U.S. online retailers rang up holiday sales of $23.2B between Nov. 1 and Dec. 26, up 25% from the same period in 2003, according to a survey released today by Goldman Sachs, Harris Interactive and Nielsen/NetRatings.
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Shares of Amazon.com Inc. posted a second day of gains Tuesday after a Bear, Stearns &amp; Co. analyst upgraded the stock on expectations that the company will benefit from a growing Internet retail market.
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Shares of online U.S. retailer Amazon.com Inc rose more than 2 percent on Wednesday after the online retailer said the 2007 holiday season was its strongest since it opened in 1994.
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especially to the electronics industry. This is the time of year when companies begin releasing their shiniest/newest/greatest products to compete for your holiday shopping dollar.
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SEATTLE -- Shares in Amazon.com Inc. rose nearly 9 percent Monday after the online retailer said it had recorded its best holiday season ever.
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The holidays give the coffeehouse's sales a boost.
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Amazon.com Inc., the online retailing giant, on Thursday reported profits that surpassed year-ago results but came in below analyst expectations.
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Amazon.com Inc.'s second-quarter profit more than tripled, boosted by strong sales of books, music and electronics worldwide. The Web retailer's stock soared 11.3 percent in after-hours trading.
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Amazon.com chief executive Jeff  Bezos on Tuesday said the online retailer was poised for record  holiday sales, with MP3 players and digital cameras leading the  way as this year's hot gift items.
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Amazon.com Inc  on Friday said its board authorized the repurchase of up to $1 billion of the company's common stock over the next two years, and its shares rose 3.2 percent before the bell.
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Leave it to Amazon.com (Nasdaq: AMZN). Apparently, the holiday season could be a rich opportunity to addict more users to Amazon&#39;s A9.
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Web retailer Amazon.com Inc. AMZN.O  on Monday said it set a one-day selling record this year as it  logged its busiest holiday shopping season in its 10-year  history, news that sent shares up nearly 9 percent.
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NEW YORK (CBS.MW) -- Positive reports issued Monday by two retailing bellwethers -- Wal-Mart Stores Inc. and Amazon.com Inc. -- gave some hope that holiday-related selling may have picked up ahead of Christmas.
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Amazon.com chief executive Jeff Bezos on Tuesday said the online retailer was poised for record holiday sales, with MP3 players and digital cameras leading the way as this year's hot gift items.