Amazon Q4 results: revenue up 22% but profit slips 45%

03862012 02 07 thumb4 Amazon Q4 results: revenue up 22% but profit slips 45%

Amazon had a predictably solid holiday season that saw revenue climb 22 percent over the same period last year to $21.27 billion. Those fortunes, however, were overshadowed by a 45 percent decline in profit, dropping to just $97 million to close out the year. In 2011, the Internet retail giant turned a profit of $177 million.

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Amazon Q4 results: revenue up 22% but profit slips 45%

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