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Amazon Increases Sales

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Amazon.com Inc. reported Q3 net profits of $256 million, up from $252 million last time, on revenue which rose 34% to $43.7 billion from $32.7 billion. This brought profits for the year to date to $1.2 billion, down from $1.6 billion, on turnover of $77.2 billion, up from $64.0 billion. The company’s customer focus, innovation and long-term thinking were emphasised.