Amazon Profit Down Slightly; CE Performs Huge
Amazon announced that it posted a $214 million profit in the fourth quarter, compared with $239 million the same time the year before.
Amazon sold $20.6 billion in the "electronics and other general merchandise" category, an increase over $17.1 billion the same period the year before. Total net sales were $29.33 billion.
The company attributed its results, also, to the success of Amazon Prime.