July 25, 2006 3:44 AM PDT

Amazon lowers profit outlook, shares drop

Online retailer posts 58 percent drop in net income as it faces intense competition, increased spending on tech and content.

The story "Amazon lowers profit outlook, shares drop" published July 25, 2006 at 3:44 AM is no longer available on CNET News.

Content from Reuters expires after 30 days.

 

Join the conversation

Add your comment

The posting of advertisements, profanity, or personal attacks is prohibited. Click here to review our Terms of Use.

ie8 fix

What's Hot

Discussions

Shared

RSS Feeds

Add headlines from CNET News to your homepage or feedreader.

ie8 fix
  • Recently Viewed Products
  • My Lists
  • My Software Updates
  • Promo
  • Log In | Join CNET