Friday, January 30, 2015

Amazon Posts Strong Holiday Sales, Appeasing Impatient Investors

After two product flops, a red-faced Jeff Bezos is steering the company back toward its strengths

First, Amazon's Fire Phone tanked. Then, the company pulled its new line of diapers just weeks after they launched, due to design flaws. Investors, ever skeptical of CEO Jeff Bezos' aggressive emphasis on investments in growth and product innovation, began to lose the faith.

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