Amazon Makes Market Happy Total sales at Amazon for the third quarter rose 24 percent to $2.31 billion, as net income fell more than third to $19 million, “mainly due to technology and content investments… including seller platforms, web services and digital initiatives.” North American media sales (which include books) rose 15 percent to $785 million for the quarter, as international media sales hit $757 million, up 20 percent. Results exceeded Wall Street’s projections, and the company cheered investors by noting that the ramp up in technology and content costs will diminish next quarter. Separately, the AP notes that Amazon […]