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Amazon posts $544 million operating loss in Q3, takes $170 million write-down on Fire Phone

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Amazon just announced its Q3 2014 earnings, showing the largest operating loss in company history of $544 million for the quarter. That's dramatically higher than the $25 million operating loss of Q3 2013, despite the fact that net sales were up 20 percent to $20.58 billion this quarter. Operating cash flow was also up for the quarter at $5.71 billion, but that still is in the shadow of such a large loss.


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