Amazon's net sales increased 35% to $17.43 billion in the fourth quarter, compared with $12.95 billion in fourth quarter 2010.
Profits at the web giant fell to $260 million in the fourth quarter, compared with $474 million in fourth quarter 2010. This could be due to the sale of the Kindle Fire, which they are reportedly being sold at a loss.
Sales of the Kindle Fire and e-reader devices registered growth of 65% in terms of unit volume.
They predict sales to be between $12.0 billion and $13.4 billion , or to grow between 22% and 36% compared with first quarter 2011. While operating income is expected to be $100 million , representing a 69% decline compared with first quarter 2011.
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