Amazon posts $39m loss in 2012, forecasts up to $16.6bn revenues for Q1 2013

Tom Pakinkis

Amazon has posted a $97m net income for Q4 2012 but a net loss of $39m for the year.

In a financial report released last night, the online retailer also announced an increase in sales of 27% to $61.09bn for the full year 2012, compared to $48.08bn in 2011.

Operating income decreased 22% to $676 million compared to $862 million in 2011.

In Q4 2012, however, Amazon reported a 22% increase in revenues to $21.27 billion, compared to $17.42 billion ...

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