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Hitt og þetta 3. febrúar 2006

AMAZON 4Q NET SLIDES 43%; SHARES DROP

Shares tumble 13% in late trading as Amazon.com is the latest Internet high-flyer to report disappointing results. Online retailer's 4Q net income falls to $199 million, or 47Cents a share, due to a significantly higher tax benefit booked in the year-ago quarter. Revenue increases 17% to $2.98 billion, but falls short of Wall Street's estimate of $3.08 billion. Amazon sees 1Q sales of $2.14 billion to $2.29 billion.