Amazon's just announced its Q4 earnings, and it's a bit of a mixed bag. While net sales were up 35 percent year-over-year to $17.43 billion, net income dropped a hefty 58 percent to $177 million, or 38 cents a share -- that's off analysts' expectations, who were looking for sales in the neighborhood of $18.3 billion and earnings of 17 cents a share. DevelopingAmazon announces Q4 2011 results: sales jump to $17.43 billion, but profits drop 58 percent originally appeared on Engadget on Tue, 31 Jan 2012 16:26:00 EDT. Please see our
