Amazon growth slows, while profit margins expand

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    Anonymous

    Technology News

    A zoomed image of a computer screen showing the Amazon logo is seen in ViennaBy Alistair Barr SAN FRANCISCO (Reuters) – Amazon.com Inc's revenue growth slowed in the first quarter as the world's largest Internet retail struggled overseas, but margins jumped on lower shipping expenses and the expansion of more profitable new businesses. Amazon shares fell 1.9 percent to $269.43 in after-hours trading on Thursday following the results. “The message there is North America was better than expected but international was softer. The question is … …


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