Amazon Bucks the Retail Trend, Reports Strong Q4

Larry Dignan (ZDNet) submits:

Amid ugly retail sales across the U.S., Amazon (AMZN) managed to get stronger.

The company reported fourth quarter earnings of $225 million, or 52 cents a share, on revenue of $6.7 billion, up 18 percent from a year ago. Those results handily topped Wall Street estimates, which called for earnings of 40 cents a share on revenue of $6.48 billion. Analysts had expected Amazon to outperform, but the magnitude is impressive.

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