- Top Tags
- Biz (2824)
- Amazon (278)
- Results (125)
Amazon reveals strong results
Profits up 9% on good Christmas sales
30 January 2009 10:00 GMT / By Amy-Mae Elliott
We already know Amazon had a good Christmas, but the company's latest financial results have now revealed just how good.
Revenue increased 18% to $6.7 billion, beating Wall Street estimates and profits rose 9% in the last 3 months of 2008.
The e-tailer, that announced it was selling 72.9 items per second in its peak Christmas sales period, saw net profit hitting $225 million, up from $207 million the year before.
As with previous years, Amazon did not reveal the sales tally for its Kindle ebook reader, but boss Jeff Bezos stated: "We had anticipated strong demand and what we saw was stronger than that".
A new Kindle is rumoured for launch next month.
Latest in Biz
Latest on Pocket-lint.com
-
AUDIO ACCESSORIES
Win A TomTom XL Live
-
SOFTWARE
Skype And Joltid Settle
-
SOFTWARE
LinkedIn Testing A New Site Design
PHONES
HTC HD2 mobile phone Does Windows Mobile finally make Sense?
PHONES
Best iPhone tariffs: O2 vs Orange Which contract is the right one for you?
HARDWARE
Dell Adamo XPS laptop - First Look Have corners been cut to get it this thin?
Comments