updated 1/30/2008 5:15:06 PM ET 2008-01-30T22:15:06

Web retailer Amazon.com Inc. said Wednesday its fourth-quarter profit more than doubled, helped by fast-growing international sales.

Amazon's earnings in the crucial holiday quarter climbed to $207 million, or 48 cents per share, from $98 million, or 23 cents per share, in the same period last year.

Results were in line with Wall Street's expectations. Analysts Polled by Thomson Financial forecast a profit of 48 cents per share.

Revenue rose 42 percent to $5.67 billion from $3.9 billion in the year-ago quarter, topping analysts' view for $5.37 billion.

International sales growth outpaced U.S. sales in the holiday quarter. U.S. and Canada sales rose 40 percent to $3.08 billion, while international sales climbed 46 percent to $2.59 billion.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Discuss:

Discussion comments

,

Most active discussions

  1. votes comments
  2. votes comments
  3. votes comments
  4. votes comments

Data: Latest rates in the US

Home equity rates View rates in your area
Home equity type Today +/- Chart
$30K HELOC FICO 4.73%
$30K home equity loan FICO 5.26%
$75K home equity loan FICO 4.70%
Credit card rates View more rates
Card type Today +/- Last Week
Low Interest Cards 13.42%
13.42%
Cash Back Cards 17.94%
17.94%
Rewards Cards 17.14%
17.14%
Source: Bankrate.com