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Amazon Sees Strong Web, Financial Growth in Q2 2008
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Amazon Sees Strong Web, Financial Growth in Q2 2008

Investor’s Business Daily reported Wednesday that Amazon.com reported impressive second-quarter profits and sales, exceeding analysts’ expectations. 

The company’s sales for the most recent quarter grew 41% to $4.06 billion, and its operating income increased by 86% to $217 million.

The story noted that Web traffic to Amazon.com grew 10% from last year — up from 49.3 million visitors in Q2 2007 to an average audience of 54.4 million in Q2 2008, according to Nielsen Online. 

In May, Nielsen ranked Amazon.com second among U.S. online retailers, in terms of total purchases.