Amazon.com's Q4 Results
Amazon this afternoon announced financial results for the fourth quarter 2003. Sales were up 36 percent over the same period in 2002 while operating income grew to 7 percent of net sales, up from 5 percent of net sales in Q4 2002. Interestingly, much of the growth in the fourth quarter came from international sales which grew at a 74 percent rate totaling slightly over 41% of total sales.
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