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Amazon tanks 13% despite record $482M profit -- more than it made in the previous 17 quarters combined Amazon made more money last quarter — $482 million in profit for the fiscal Q4 2015 — than it did during every previous quarter combined since Q3 2011. That $482 million figure exceeds Amazon’s previous quarterly record, when, in Q4 2010, it earned $416 million in profit. So why, then, did the company’s stock tank by more than 13 percent […]
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