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Friday 27th May

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Amazon Reports $126m Quarterly Loss

Posted at 7:05AM Friday 25 Jul 2014

Amazon has reported a loss of $126m (£74m) in the second quarter and warned that sales could slow in the current quarter.

Amazon forecast third quarter sales of between $19.7bn and $21.5bn, which could mean sales growth of as little as 15% - well down on previous quarters.

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