Amazon shares fall after sales miss estimates

February 1, 2012 | Filed under: AM Roundup | Posted by:
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Shares in Amazon.com fell 7.3 percent after its latest SEC filings show that the company missed sales projections, reports Bloomberg.

The lackluster sales show that its investments in media – like the Kindle Fire – have yet to pay off.

Fourth quarter revenue was $17.4 billion.

Read more at Bloomberg.