Amazon Has Big Year, Though Media Growth Slowedby Jim Milliot -- Publishers Weekly, 1/29/2009
Any analysts who doubted that Amazon could significantly outperform other retailers in the fourth quarter were proven wrong Thursday afternoon when the company announced that total revenue rose 18%, to $6.7 billion and net income increased 9%, to $225 million in the period. For the full year, earnings rose 36%, to $645 million on a 29% revenue gain to $19.17 billion.
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