Given the strong dollar, Amazon erased from your sales 1.2 billion dollars during the fourth quarter of 2015 and what the company founded and run by Jeff Bezos in a statement sent to investors.
“The Net sales increased 22 percent to 35.7 billion dollars in the fourth quarter, compared with 29.3 billion dollars in the fourth quarter of 2014. Excluding an unfavorable impact of 1.2 billion dollars for the exchange of currencies, sales increased 26 percent compared with the fourth quarter of 2014, “said Amazon.
The company reported a net 482 million or a dollar per share, thus breaching the projection of 742.9 million, or $ 1.55 per share by analysts.
First of not achieving expected by analysts, Amazon shares fell nearly 13 percent at the end of the bag.
marketplace was trading at $ 635.35 and after the quarterly report released down to $ 554.62.
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