January 27, 2011 / 9:17 PM / in 8 years

Amazon fourth-quarter revenue up 36 percent

SAN FRANCISCO (Reuters) - Amazon.com Inc on Thursday posted a 36 percent rise in revenue, just shy of analysts’ targets, on higher profit in its key holiday quarter.

An Amazon employee receives merchandise at the Phoenix Fulfilment Center in Goodyear, Arizona, November 16, 2009. REUTERS/Rick Scuteri

Net income in the global online retailer’s fourth quarter was $416 million, or 91 cents per share, from $384 million, or 85 cents per share, a year earlier. Revenue was $12.95 billion.

Reporting by Alexandria Sage; Editing by Gary Hill

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