Amazon 2Q Profit Down, Revenue Up

Amazon 2Q Profit Down, Revenue Up
Amazon.com
has posted second-quarter earnings of $191 million, down from $207 million in the year-ago quarter, and revenues of $9.91 billion, up 51 percent from $6.57 billion a year ago and exceeding analysts' revenue forecast of $9.37 billion. Revenue from books, CDs, DVDs, and other media grew 27 percent to $3.66 billion. (7/27)

Adele's 21 Ties Saturday Night Fever Soundtrack For Longest-Running UK No. 1
GRAMMY winner Adele's 21 notches its 18th week at No. 1 on the UK's Official Albums Chart, becoming the longest-running No. 1 album of the 21st century to date, and tying the 1977 soundtrack to Saturday Night Fever for the longest-running chart-topper since Simon & Garfunkel's Bridge Over Troubled Water spent 41 weeks at No. 1 in 1971. Adele also ranks fourth among artists with the lengthiest stays at No. 1, following the Beatles, Elvis Presley and Simon & Garfunkel. (7/27)

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