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Saturday 11th February

Amazon Outlook Bright Despite New Threats

Posted at 7:55AM Friday 05 Feb 2010

Amazon executives have to be smiling.

The online retailing giant, unscathed by the recession, is on a tear, posting robust earnings growth while many other retailers are licking their wounds. Analysts believe the company's profitable run isn't over yet, and say that concerns over competition in its trendy e-reader business are overblown.

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