Amazon credits Harry Potter for stunning reversal
October 22, 2003 at 4:05 PM ET
Cheeser
HPANA (via The News Tribune)
The world's largest Internet retailer posted a $15.5 million profit in the third quarter, a dramatic reversal of Amazon's $35 million loss posted this time last year. The company's book sales jumped 15 percent, thanks to Harry Potter, and CEO Jeff Bezos says the 2003 holiday season will be Amazon's biggest yet.
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