Big-spending Amazon announce fourth quarter profits

Amazon has notched up a Prime fourth quarter, surprising investors with a profit that soundly beat expectations, despite a continued increase in spending and a slight sales miss, partly linked to the strong dollar.

Big-spending Amazon announce fourth quarter profits
Fri, 30 Jan, 2015 - 06:18

Amazon has notched up a Prime fourth quarter, surprising investors with a profit that soundly beat expectations, despite a continued increase in spending and a slight sales miss, partly linked to the strong dollar.

Investors drove shares up over 11% in after-market trading.

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