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Amazon shares drop down after revenue miss

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Amazon said its revenue for the fourth quarter on Thursday.

Amazon's shares fell nearly 4.5 percent of hours after the close of the market.

Failure to revenue is disappointment because expectations were high after the company announced in advance that a record season. This also shows that it will take more time on Amazon, to handle their investments.

The company published its first quarter revenues were in the range between $ 33.25 billion. And $ 35.75 billion., Lower than the expected range of $ 34.52 billion. And $ 36.95 billion.
The company expects operating income between $ 250 million and $ 900 million in the first quarter, also lower than last year's $ 1.1 billion.

For the full year, Amazon announced $ 136 billion. Revenue, which is 27% growth from last year's $ 107 billion.

Cloud services, AWS, continue to be the main income. In the fourth quarter it reported $ 926 million. Profit margin at 26%.

The company continued to expand its implementation through Amazon service. The number of active sellers using the service has increased by 70% compared to last year, while service represents more than 55% share of the total shares to third parties.

In a statement, CEO Jeff Bezos company focused on the growth of its membership, giving access to free two-day delivery, streaming video content, and online storage and more.


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