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November 24, 2006

Amazon shareholders lose faith after Xbox 360 madness?

Xbox360logoAn Amazon.com spokesperson addressed yesterday's website meltdown by commenting today that the dramatic increase in traffic for the $100 Xbox 360 Core System, which sold out in 29 seconds, was "more than [they] had anticipated." What a revelation.

When the stock market closed yesterday afternoon, Amazon shares fell 1.3 percent, or 57 cents.

Whether the two events are connected is unclear, but it's still a decent coincidence.

[Yahoo! News]

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