Amazon’s ebbs and flows October 27, 2005 The dotcom giant is at the forefront of growth in the online retail industry. Its sales have just kept on growing, hitting $1bn in America and Canada. But yet its share price has taken a tumble this week. Wall Street is always falling in and out of love with Amazon. In the online retailer’s 10-year [...]
Amazon profits hit by increased competition October 26, 2005 Amazon, the online bookseller, last night unveiled a $30m (£16.8m) profit for the third quarter. Some of the gloss was taken off increased sales, however, as it admitted that a patent dispute had cost it $20m. Seattle-based Amazon made a one-off payment to settle a patent lawsuit in the third quarter. Its profit, otherwise, would [...]
CSR profits soar on Bluetooth November 3, 2005 Bluetooth wireless communications specialists CSR has rung up a 151 per cent growth in third quarter profits and the company has hired more staff to meet demand for its technology. CSR said pre-tax profits were $45.5m (£25.8m) in the period compared with $18.1m in the same quarter of 2003. The Cambridge-based firm also announced that [...]