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Old 25th Jul 07, 06:30 AM
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Amazon net profit jumps 250 percent
*Source: News.com (http://news.com.com/Amazon+net+profi...tag=nefd.top)*
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Amazon.com posted quarterly net profit on Tuesday that leaped a surprising 250 percent as sales rose 35 percent and subscriptions to the online retailer's discount shipping program accelerated, sending shares up 12 percent in after-hours trading.

The company also raised its forecast for full-year sales.

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