| Engadget RSS Feed |
| Engadget // via fulltextrssfeed.com |
Amazon's Q4 profit more than doubles year-over-year to hit $239 million
1/30/2014 9:22:00 PM
Amazon clearly didn't have any problems generating a profit this holiday. The online retail powerhouse says that it made a tidy profit of $239 million in the fourth quarter of 2013, or more than twice as much as it managed a year earlier. That's on top of a year-over-year revenue increase, to boot -- Amazon raked in $25.59 billion during the quarter versus $21.27 billion at the tail end of 2012. The only sour note is a full-year profit of just $274 million, although that's still much better than the $39 million loss from 2012. The company hasn't said just why it did so well, although we wouldn't be surprised if the Kindle Fire HDX launch and a recently introduced Sunday delivery option played important roles.
You are receiving this email because you subscribed to this feed at feedmyinbox.com
If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions
No comments:
Post a Comment