Amazon posts Q1 sales of $19.74 billion, operating income of $146 million






Retail and digital content giant Amazon has just posted its Q1 2014 earnings, showing strong growth in sales, a sizable dip in operating income but a rise in net income year-over-year. Sales rose 23 percent from last year to $19.74 billion in the quarter, leading to operating cash flow increases of 26 percent to $5.35 billion. In the end that led to a drop in operating income for the quarter by 19 percent to just $146 million. Net income was just $108 million, but that's an increase over $82 million in Q1 2013.





















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