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WSJ

Wall Street Journal Report #1:

“Amazon’s Revenue Climbs Thanks to Cost Cutting”. The Wall Street Jounal Online. 24 Apr. 2003. date accessed

www.wsj.com



Amazon financial picture is looking better than last year with increased revenues and narrower losses. Revenue grew 28% from 847.4 million last year to $1.08 billion this year. Much of this increase in revenue is being attributed to Amazon offering deep discounts and free shipping on all purchases to its customers. While it is clear that these incentives are driving revenue, some analyst worry that Amazon may have to give up too much of their bottom line in the process. Amazon management seems confident that i...

Posted by: Adriana Alvarez

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