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JCPenney remains unprofitable, but its losses are narrowing. Its net loss of $67 million ($0.22 per share) last quarter was a major improvement from its loss of $115 million in the prior-year quarter. JCPenney maintains that it can generate positive earnings per share this year. Amazon's total revenue rose 20% to $107 billion in fiscal 2015, and analysts expect another 28% growth this fiscal year, which ended on Dec. 31. Amazon declared that the 2016 holiday season was thecompany's "best ever" as sales of its Echo and Echo Dot devices soared. As I mentioned earlier, Amazon's profitability depends heavily on AWS. The unit's operating income more than doubled annually to $861 million last quarter, which offset its losses in the international marketplace unit and boosted its total net income by 219% to $252 million. Analysts expect Amazon's earnings to grow 282% this year and 85% next year. What do the valuations tell us?
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