2 posts and columns on Scott Tilghman

Amazon. Earth's Biggest Bookstore Disappointment

in News on October 23, 2008 at 3:34 am PT

Are online sales largely recession-resistant? Not according to Amazon’s latest earnings. Though its third-quarter profit rose 48 percent from the same period last year on revenues of $4.26 billion, the Internet retailer lowered its full-year sales outlook. By $1 billion.

Amazon. Earth’s Biggest Bookstore Disappointment

in News on October 23, 2008 at 3:34 am PT

Are online sales largely recession-resistant? Not according to Amazon’s latest earnings. Though its third-quarter profit rose 48 percent from the same period last year on revenues of $4.26 billion, the Internet retailer lowered its full-year sales outlook. By $1 billion.