Amazon.com net sales jump 29%; Google reports $52M in net income
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Amazon.com Inc. reported net sales of $1.46 billion in its third quarter, while Google reported $805.9 million in revenue, an increase of 105% over the same quarter last year.
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The online retailer announced Tuesday that its second-quarter net income increased more than threefold, with revenue up 35 percent.
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YESTERDAY Close $639.62 Change +$6.14 52-WEEK High $641.41 Low $417.50 Google Inc., the owner of the most popular Internet search engine, said third-quarter profit jumped 46 percent, beating analysts' estimates, after the company extended its lead over Yahoo Inc. and grew outside the United States.
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Plus: Matsushita profit up 22 percent...Amazon's profit up, margins squeezed...SAP cautious on 2008...Yahoo profit falls.
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Shares of Amazon.com rose nearly 9 percent yesterday after the Seattle online retailer said it recorded its best holiday season ever.
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NEW YORK - Online retailer Amazon.com Inc. on Monday said it set a one-day selling record this year and logged its busiest holiday shopping season in its 10 years.
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Online retailer Amazon.com  on Tuesday reported operating profit margins that concerned some analysts despite a sharp rise in quarterly earnings, and its shares fell 9 percent.
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FRANKFURT: Google Inc has quietly launched a new search technology to help publishers sell books online, a fast-growing market dominated by online retailer Amazon.
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[Frankfurt/London | Reuters News Service, 7 October 2004] - Google yesterday introduced a new search technology to help publishers sell books online, a fast-growing market dominated by Internet retailer Amazon.
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Online retailer posts 3Q profit of 17 cents a share; sales up 29 percent from year ago. NEW YORK (CNN/Money) - Amazon.com Inc. said Thursday posted a third-quarter profit that fell shy of Wall Street estimates.
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Google Inc.'s third-quarter profit soared 46 percent to hurdle the enormous expectations that have elevated the Internet search leader's stock price by more $100 during the past month.
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Net sales for the fiscal Q1 rose 17.1 percent to $6.0 billion, the sixth straight quarter of sequential growth. directs data over the Internet, said quarterly earnings rose 29 percent on stronger demand for
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Amazon.com Inc AMZN.O on  Thursday posted a higher quarterly profit but its stock fell  more than 4 percent as the online retailer's results failed to  top Wall Street expectations.
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There was a trifecta in tech earnings yesterday, with search engine king Google Inc., software giant Microsoft Corp. and online shopping leader Amazon.com all posting quarterly profits, a positive sign overall for the technology sector's recovery.
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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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Amazon.com Inc  posted a  decline in profit margins on Wednesday as the cost of  discounting overshadowed a robust rise in quarterly earnings  and a bullish 2008 sales view above Wall Street targets.
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Web retailer Amazon.com Inc. said Tuesday that its third-quarter profit more than quadrupled, and its shares topped $100 in regular trading, but the stock fell back to $90 as concerns over margins overshadowed an otherwise strong quarter.