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"We don’t really see a way to do same-day delivery on a broad scale economically," says...

"We don’t really see a way to do same-day delivery on a broad scale economically," says Amazon's CFO during his company's Q2 earnings call, addressing speculation on the subject. Same-day delivery or not, capex rose 70% Q/Q to $657M, and will reach $800M-$900M in Q3. The needs of Amazon Web Services are a big reason why. International growth fell to 22% Y/Y from Q1's 31%, but the Street is pleased gross margin rose 210 bps Q/Q to 26.1%, a 9-year high. AMZN +0.9% AH. (more)
Comments (1)
  • sglaney
    , contributor
    Comments (58) | Send Message
     
    up 5% due to a 210 bp increase in margin? what a joke
    27 Jul 2012, 02:22 PM Reply Like
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