Reuters
Amazon profit more than doubles
Wednesday January 30, 4:11 pm ET

LOS ANGELES (Reuters) - Amazon.com Inc reported on Wednesday a huge rise in quarterly net profit, boosted by a 42 percent rise in revenue during its important holiday season.

The Internet retailer said fourth-quarter net profit rose 112 percent to $207 million, or 48 cents per share, from $98 million, or 23 cents per share, a year earlier. Sales rose 42 percent to $5.67 billion in the quarter.

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