Consumers still flock to Amazon: profit up 62 pct

Experts

Policy Counsel
Senior Director of Federal Policy and the Washington Office

Campaigns

We empower consumers through education and action about communication and media issues involving telephone, cable, Internet and wireless services and equipment.
Share 'Consumers still flock to Amazon: profit up 62 pct' on Facebook Share 'Consumers still flock to Amazon: profit up 62 pct' on Google+ Share 'Consumers still flock to Amazon: profit up 62 pct' on reddit Share 'Consumers still flock to Amazon: profit up 62 pct' on Twitter Share 'Consumers still flock to Amazon: profit up 62 pct' on Email Share 'Consumers still flock to Amazon: profit up 62 pct' on PDFmyURL

SAN FRANCISCO — Amazon.com Inc. shares surged Thursday after the company said its third-quarter profit soared 62 percent, showing that consumers are comfortable opening their wallets to the online retailer despite the still-shaky economy.