Amazon reported second quarter sales after the close of the market on Thursday. Results looked a lot like last quarter’s: Sales grew 22 percent to $15.7 billion, as operating income fell to $79 million (down 26 percent), with the company recorded a net loss of $7 million, or two cents a share. Those numbers were in line with the company’s broad range of guidance, but the silly stock analysts had somehow talked themselves into expect actual earnings of 5 cents of a share (and slightly higher sales). Similar to the first quarter, North American media sales of $2.173 billion were […]
