Amazon has increased its profit in the first quarter of 2010 increased 68 percent to 299 million dollars (225 million euros) or $ 0.66 per share. The revenue at $ 7.13 billion (5.37 billion euros) 46 percent year on year. Thus surpassing the online retailer beat analysts’ estimates, which had expected revenue of $ 6.8 billion and a profit of $ 0.61 per share.
Commenting on the quarterly figures Amazon CEO Jeff Bezos has indicated that the e-book reader Kindle is still the best selling product of the company, without naming specific sales figures. Meanwhile, customers stand a selection of 500,000 titles available for the device. Moreover, suppose the distribution of the Amazon Web Services, continues to grow.
In the U.S., Amazon continued from January to March to $ 3.78 billion (up 47 percent). The international sales, which include the income of the sites in Great Britain, Germany, Japan, France and China, grew by 45 percent to 3.35 billion dollars.
For the current second quarter of 2010, Amazon expects net sales from 6.1 to 6.7 billion dollars, which would represent a 31-44 percent growth over the second quarter of 2009. The operating profit is expected to be 220-320 million dollars. That’s up to 102 percent more than a year ago. Analysts estimate that Amazon’s revenue for the months April to June by $ 6.42 billion.
In the past twelve months, Amazon has achieved 50 percent of its revenue from the sale of media such as CDs, DVDs, music downloads and e-books (Image: Amazon). Gallery Current figures for online retail in Germany »Picture Gallery …
Amazon has increased its profit in the first quarter of 2010 increased 68 percent to 299 million dollars (225 million euros) or $ 0.66 per share. The revenue at $ 7.13 billion (5.37 billion euros) 46 percent year on year. Thus surpassing the online retailer beat analysts’ estimates, which had expected revenue of $ 6.8 [...]
Amazon has increased its profit in the first quarter of 2010 increased 68 percent to 299 million dollars (225 million euros) or $ 0.66 per share. The revenue at $ 7.13 billion (5.37 billion euros) 46 percent year on year. Thus surpassing the online retailer beat analysts’ estimates, which had expected revenue of $ 6.8 [...]
Amazon has increased its profit in the first quarter of 2010 increased 68 percent to 299 million dollars (225 million euros) or $ 0.66 per share. The revenue at $ 7.13 billion (5.37 billion euros) 46 percent year on year. Thus surpassing the online retailer beat analysts’ estimates, which had expected revenue of $ 6.8 [...]
Amazon has increased its profit in the first quarter of 2010 increased 68 percent to 299 million dollars (225 million euros) or $ 0.66 per share. The revenue at $ 7.13 billion (5.37 billion euros) 46 percent year on year. Thus surpassing the online retailer beat analysts’ estimates, which had expected revenue of $ 6.8 [...]
Amazon has increased its profit in the first quarter of 2010 increased 68 percent to 299 million dollars (225 million euros) or $ 0.66 per share. The revenue at $ 7.13 billion (5.37 billion euros) 46 percent year on year. Thus surpassing the online retailer beat analysts’ estimates, which had expected revenue of $ 6.8 [...]
Amazon has increased its profit in the first quarter of 2010 increased 68 percent to 299 million dollars (225 million euros) or $ 0.66 per share. The revenue at $ 7.13 billion (5.37 billion euros) 46 percent year on year. Thus surpassing the online retailer beat analysts’ estimates, which had expected revenue of $ 6.8 [...]
Amazon has increased its profit in the first quarter of 2010 increased 68 percent to 299 million dollars (225 million euros) or $ 0.66 per share. The revenue at $ 7.13 billion (5.37 billion euros) 46 percent year on year. Thus surpassing the online retailer beat analysts’ estimates, which had expected revenue of $ 6.8 [...]
