Amazon Q4 results: mixed
Amazon recently announced 2014 Q4 earnings, earnings disclosure: revenue of $ 29.33 billion, net income of $ 214 million, and earnings per share of $ 0.45. Compared with a year earlier, revenue rose 14.6%, Super Wall Street experts expected, while earnings per share dropped by 11.8%. Compared with the previous two quarters of losses, Q4 finally return to profitability. Three months ago because of poor market performance, Amazon’s shares were down 10%. The good news that Amazon’s shares quickly rose. However, because few people bother to Amazon’s new Fire Phone sales slump, some effect on Amazon’s profit margins. Good news is that Amazon’s overall development trend is good, and yearly revenue growth trend, and Amazon continued investments in research and development of new technologies. In addition, Amazon Prime market response was very good.