HardOCP News
[H] News
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It looks like the strain of multiple product launches took a toll on Amazon this quarter.
The company, which launched its first smartphone, the Amazon Fire phone, a few weeks ago, posted a loss of 27 cents per share on revenue of $19.34 billion in the second quarter. Analysts had been expecting on average a loss of 15 cents per share on $19.34 billion in revenue.