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Amazon's Net Income Down, But Sales Up

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Amazon.com reported its financial results for the second quarter today. These included a decrease in net income, which fell to $52 million compared to $76 million in last year's second quarter. The company did have about $51 million more in income tad expenses this year. Amazon's operating cash flow for the last 12 months grew 52% to $624 million compared to $410 million the 12 months before that.

Amazon's Net Income Down, But Sales Uplatest ebusiness news.

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