From a Wall Street Journal story by Dan Gallagher headlined “Amazon Flexes Its Pricing Muscles”:
Give Amazon this much–-they know how to cushion a blow.
The tech titan’s fourth-quarter results and accompanying forecast on Thursday weren’t great on the surface—at least for those worried about the massive company’s ability to continue growing at a supercharged rate.
Fourth-quarter revenue grew 9% year over year to $137.4 billion. The company also projected growth of 3% to 8% year over year for the first quarter, below the 11% expected by analysts.