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the online 1 amazon has announced a sharp fall in profits.
网络销售商亚马逊宣布利润骤降。
net income for the three months to the end of december was $97m, down from $177m for the same period in 2011.
the fall came despite an increase in revenues during the period, from $17.43bn a year ago, to $21.27bn, a jump of 22%.
that growth came as the world's largest internet retailer bagged a big share of internet spending during the crucial holiday period.
in after-the-bell trading, amazon's shares rose by close to 7%.
"we're now seeing the transition we've been expecting," said jeff bezos, 2 and chief executive of amazon.com.
"after five years, e-books is a multi-billion dollar category for us and growing fast - up approximately 70% last year.
"in contrast, our physical book sales experienced the lowest december growth rate in our 17 years as a book seller, up just 5%.
"we're excited and very grateful to our customers for their response to 3 and our ever-expanding 4 and selection."
the seattle-based company also said operating income increased by 56% to $405m in the fourth quarter.
"the fourth-quarter operating income was up more than expected," said rj hottovy, an 5 6 at morningstar.
"this supports the bull case that amazon can monetise(使货币化) its growth over the longer term."
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