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Amazon far exceeds expectations with $170 billion in revenue in the 4th quarter

Amazon achieved $170 billion in revenue in the fourth quarter, representing growth of 14% year-on-year, well above market expectations.

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Amazon far exceeds expectations with $170 billion in revenue in the 4th quarter

Amazon achieved $170 billion in revenue in the fourth quarter, representing growth of 14% year-on-year, well above market expectations.

Also read: Microsoft does better than expected in the 4th quarter of 2023, still driven by the cloud

The online commerce giant also stood out with a net profit of 10.6 billion, also above Wall Street forecasts, driven by faster deliveries and a particularly successful holiday season.

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