<ul><li>Amazon reported an 88% rise in profits for the latest quarter, reaching $20 billion.</li><li>Sales from October through December increased by 10% to $187.8 billion.</li><li> However, the company expects slower growth in the current quarter, with sales projected to grow between 5% and 9%.</li><li>Amazon's cloud computing business, which grew by 19% to reach $28.8 billion, accounted for half of the company's overall operating profit.</li></ul>

Amazon Reports 88% Rise in Profits but Says Growth Could Slow

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