NEW YORK ( TheStreet) - Amazon (AMZN) reports fourth-quarter earnings Tuesday, and while seemingly everyone (I use that loosely) bought something from the world's largest online retailer during the holiday shopping season, once again it all comes down to whether Amazon can actually make money selling knick-knacks and do-dads.
In the fourth quarter of 2011, Amazon had razor thin operating margins of 1.5%. But many would like to see Amazon start to capitalize on the all spending it has done in recent years as it expands its footprint, adding several new warehouses and capacity around the world.
Analysts polled by Thomson Reuters expect the Seattle-based retailer to earn 28 cents a share on $22.26 billion in revenue, in the fourth quarter. That's up from 2011, when Amazon earned 38 cents a share on $17.43 billion in sales.
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