Amazon quarterly profit falls 73 percent

Markets Reuters

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The world's largest Internet retailer said third-quarter net income was $63 million, or 14 cents a share, versus $231 million, or 51 cents a share, a year earlier. Revenue was $10.88 billion, up 44 percent from the third quarter of 2010, it added.

(Reporting by Alistair Barr; Editing by Richard Chang)

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