$118.49. That’s the price at which Amazon shares closed Friday, a day after the company reported a 69 percent jump in third-quarter profit and a 28 percent gain in revenue. It was a new 52-week high and the stock’s best since December 1999, when it hit $106.68. Which is saying something. Because as you might recall, in 1999, Nasdaq was soaring on the back of the dot-com bubble to levels never before seen.
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What’s the difference between a netbook and a notebook? If you know the answer, you’re in the minority…of netbook owners. According to a survey by market research outfit The NPD Group,
60 percent of consumers who purchased netbooks assumed they would function just like regular laptops. Consequently, only 58 percent were satisfied with their purchases.
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The econalypse is playing hell with the mobile phone market. Handset vendors world-wide shipped 244.8 million units in the first quarter of 2009, 15.8 percent fewer than the 290.8 million units shipped during the same quarter in 2008.
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Guess AC/DC and Garth Brooks have something in common after all. They’re both Wal-Mart-only artists. When AC/DC’s new album, “Black Ice,” arrives at market on Oct. 20, it will be sold exclusively in the U.S. at Wal-Mart and Sam’s Club.
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As one of the original 13 colonies, you’d think that New York State would have a particular antipathy toward things like “taxation without representation.” And perhaps it does, just not when it’s the one doing the taxing.
The state recently passed a so-called Amazon Tax, a new law compelling out-of-state online retailers to start collecting New [...]
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