Feb 2, 2017
Amazon misses holiday sales forecasts
Net profit rose from $482m in the final quarter of 2015 to $749m. For the full-year, sales increased 27% to $136bn and income soared from $596m to $2.4bn. Amazon said last month that the 2016 holiday was its best-ever shopping season, when it shipped 50% more items than the prior year.
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