Amazon share price drops after earnings miss expectations

Amazon's share price dropped almost 7% in after-hours trading following an announcement on slower growth.

Amazon Echo: launched in the UK last month
Amazon Echo: launched in the UK last month

In its third quarter results, the company reported a 219% rise in net income to $252m. But at 52 cents per share this was much lower than average estimates of 78 cents per share, according to The Telegraph.

Amazon’s shares dropped to 767.50 cents a share from 818.36 cents per share when the market closed.

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Christmas 2016 ads: the best so far
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1 Christmas 2016 ads: the best so far

Buster the Boxer, Mrs Claus, a doll that comes to life and an adventurous carrot feature in this year's Christmas ads. Campaign rounds up the best ads from the season.

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