Friday, February 20, 2009

Amazon's beating the crisis

While many companies have been hard hit by the financial crisis, Amazon has seen improvements in their bottom line. According to Amazon.com's Q4 financial report, sales were up 18% while 2008 free cash flow grew 16%. On January 29 they posted their Q4 results with descriptive forecasts of these positive results (Q4 Results)

Amazon.com's Stock Price as of Friday Feb 20, 2009 ($63.86)

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