Amazon on Tuesday reported $ 17.4 billion in revenue for the fourth quarter. While its net sales were up 35% from the $ 12.95 billion reported during the fourth quarter of last year, the company missed analyst estimates of $ 18.26 billion in revenue for the quarter. Amazon’s net income decreased 58% to $ 177 million during the quarter, or $ 0.38 per diluted share, compared with the net income of $ 416 million it reported during the same quarter last year. Net sales for the year jumped 41% to $ 48.08 billion, up from the $ 34.20 billion the company reported in 2010. Amazon said its Kindle Fire tablet has been the #1 best selling, most wished for and most gifted product on its website for the
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