As though in defiance of current economic trends, Amazon delivered Q2 earnings that gave investors little to complain about. Net income increased 102 percent to $158 million, compared with net income of $78 million in the year-ago quarter. Net sales, or revenue, jumped 41 percent to $4.06 billion in Q2, compared with $2.89 billion for the same quarter in 2007.
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As though in defiance of current economic trends, Amazon delivered Q2 earnings that gave investors little to complain about. Net income increased 102 percent to $158 million, compared with net income of $78 million in the year-ago quarter. Net sales, or revenue, jumped 41 percent to $4.06 billion in Q2, compared with $2.89 billion for the same quarter in 2007.
