Amazon Profit Up
Amazon Thursday posted an eight percent increase in net income in the fourth quarter, to $416 million, while the company posted a 60 percent increase in the Worldwide Electronics & Other General Merchandise category.
The results did fall short of analyst expectations.
The company also said that consumers used its PriceChecker app two million times in the month of December. And it is now selling 115 Kindle books for every 100 paperback books it moves.