It’s still the same old story, really. Amazon pulls in revenues equal to a small nation’s GDP and makes a small profit for itself in the process. In this case, particularly small. Jeff Bezos’ little company that could has posted fourth-quarter turnover of $21.27 billion, a 22 percent increase, but a net profit of $97 million that’s down 45 percent from a year earlier.
Daniel Cooper contributed to this report.
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Amazon posts $21.27 billion in 2012 Q4 revenues, makes tinier profit of $97 million