Amazon sales rise but profits fall
This article comes from BBC news.
Summary
:The world's biggest online retailer, Amazon, claimed that a net income dropped about 37% compared to last year. Even though Amazon rose sales in the first three months of 2013, its total profits fell. However, sales of electronics advocated Amazon to boost revenue to 22%. Also its gross profit margin also increased from 24% to 26.6%. In order to increase its profits, Amazon began to invest in building new warehouse to develop delivery times and launch new products such as online film and video content.
My opinion
:From my point of view, most of major companies have been suffering from financial problems. As I mentioned about McDonald's profit last week, income of major companies has decreased gradually. Therefore, it is important for every businesses and companies to create new ways to attract more consumers in order to increase their profits.
i think so too. i think every companies should create and develop new items in order to maintain its position.- Allisa
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