Amazon reports lower 1Q earnings, higher revenue

NEW YORK (AP) — Amazon.com Inc.'s net income declined in the first three months of the year even though revenue increased 22 percent, as the online retailer continued to spend heavily on order fulfillment and rights to digital content.



via Tech News Headlines - Yahoo! News http://news.yahoo.com/amazon-reports-lower-1q-earnings-higher-revenue-202944865--finance.html