Amazon.com’s flash report disappointed the investors

By: trademagazin Date: 2011. 01. 28. 12:00

The investors are disappointed with Amazon.com’s fourth quarter flash report, that was released on Thursday. The company's papers decreased by nearly 10 percent at the stock exchange.

Amazon.com’s revenues jumped by 36 percent in the fourth quarter of 2010 which met analysts' expectations. The company's net profit increased to 416 million USD, from the 384 million USD of the previous year – reports portfolio.hu.

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