Amazon's margins are coming under pressure
Online retailer Amazon has reported a drop in net profit for the fourth quarter, which includes the critical Christmas holiday season.
Net profit for the three months to 31 December came in at $199m (£112m), compared to $347m the year before.

Sales for the period rose from $2.54bn to $2.98bn, but failed to pass the $3bn barrier as analysts forecasted.

Amazon's results were released after the markets closed, but in after-hours trading, its shares were down 10%.


source/full story: news.bbc.co.uk/1/hi/business/4675834.stm