Amazon Notches Third Record Profit in a Row
 

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Amazon.com Inc. recorded a third straight record profit, but uncertainty in India and a possible uptick in spending threaten to cut short that streak.

For the all-important holiday quarter, Amazon reported its profit topped $3 billion for the first time, jumping 63% from a year earlier. The company has been taming its operating costs, and profitable businesses like cloud computing, advertising and the services it offers sellers on its site have helped offset the lower margins of its traditional retail business.

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