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Holiday sales may have left Amazon with $9B cash pile

01/27, 8:37pm

Analysts predict solid holiday earnings boost for Amazon

A solid performance this past holiday season may have left online retail giant Amazon with as much as $9 billion in cash and investments. This according to industry analysts and investors, who are forecasting larger than ever revenues for the retailer's December quarter. The financial success, though, could spell trouble for Amazon, as the growing cash pile could lead to renewed scrutiny over the company's tax contributions around the world.

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