Amazon bucked the retail trend, posting a huge profit in the fourth quarter

By Stephen Silver

The nearly-universal pain faced by brick-and-mortar retailers was apparently Amazon's gain, as the online retailer posted a 9 percent gain in profit in the fourth quarter. The chain had earlier called last year's holiday season its best ever.

According to the New York Times, Amazon posted a profit of $225 million, on revenue of $6.7 billion. The results were above analyst expectations and sent the company's stock soaring.

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