NEW YORK — Amazon’s trademark smile icon is becoming more of a grimace. The world’s largest online retailer reported a wider third-quarter loss than analysts expected and gave a disappointing holiday forecast. Investors are increasingly irked by Amazon’s strategy of investing heavily in new products and services to spur revenue growth while reporting quarter after quarter of losses or thin profit.
Amazon’s Loss Makes Holidays A Question Mark
The Associated Press, Portland Press Herald
Fri, 10/24/2014 - 7:08am
Sections: u.s.
Topics: Maine Cumberland County Portland
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