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Rise in Sales at Amazon Helps Shares
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- Subject: Rise in Sales at Amazon Helps Shares
- From: "Hamaker, Chuck" <cahamake@email.uncc.edu>
- Date: Thu, 28 Jul 2005 18:37:23 EDT
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NYTIMES http://www.nytimes.com/2005/07/27/technology/27amazon.html?adxnnl=1&adxn nlx=1122464358-oX5d7YVNB/240z1NF10fiA (free with registration) Rise in Sales at Amazon Helps Shares By LAURIE J. FLYNN Published: July 27, 2005 Over the last year, in an effort to take advantage of its considerable investment in infrastructure, Amazon has aggressively pushed sales through third-party merchants, a departure from its original strategy of emphasizing its own brand. Tom Szkutak, the chief financial officer, said third-party sales accounted for 28 percent of Amazon.com's revenue, up from 24 percent a year ago. ####
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