1491 readersAmazon.com, Inc. announced its fourth quarter results today, counting a 36 percent rise in net sales and an eight percent increase in net income compared to the same period last year. Net sales totaled $12.95 billion for the quarter.
In addition...
1104 readersAmazon is known for making enemies with its partners. The latest company to experience friction with the online giant is Wal-Mart, who said today that they will no longer sell Kindles in their stores.
In a memo sent out to store managers yesterday, Wal-Mart explains, “We have recently made the business decision to not carry Amazon
1457 readersApple just performed its conference call for quarterly results hours ago and Strategy Analytics published the numbers related to global tablet sales this quarter. Apple and the iPad remain at the top of the game with 57% of all shipments, but the Cupertino giant also missed sales expectations on the iPad, also losing market share.
Android
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By Jeremy Greenfield, Editorial Director, Digital Book World, @JDGsaid
Fueled by the Kindle Fire, Amazon revenues jumped to $13.18 in the first quarter of 2012, a 34% increase over the first quarter in 2011 when Amazon brought in $9.86 billion.
Analysts had expected about $12.91 billion in revenue and slim profit margins from the giant e-tailer and leading
344 readersThe same headline could have been written for Amazon’s fourth quarter earnings as its first quarter earnings.Revenues were up 22% in both cases. In both cases, the company held on to razor-thin margins. In both quarters, growth in worldwide media sales (including ebooks) seemed to slow. And in both conference calls, Amazon indicated that it
970 readersAmazon released its quarterly earnings results today and revealed that the Kindle Fire remains its bestselling product of all items available on Amazon.com since launch. In addition, during the first quarter of 2012, 90 percent of the top selling products from Amazon.com were digital products, which the company defines as “Kindle, Kindle books, movies, music and apps.”
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1617 readersAmazon was pleased to announce today that they’ve sold millions of Kindles this holiday season. Only, they were less than specific about how many they sold.
Without actual numbers, it’s difficult to say what the rest of Amazon’s news really means. But Amazon did also tell us that they sold over a million Kindles a week
1403 readersMotorola Mobility announced its Q1 2012 earnings this afternoon after the bell. The company, recently acquired by Google, posted a non-GAAP operating loss on the quarter of $86 million, a GAAP operating loss of $121 million.
The company shipped and sold $2.2 billion worth of mobile devices in the quarter, up 3 percent from a year
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Sales at Amazon boomed in the fourth-quarter of 2012, growing 22% to $21.27 billion at the e-tail giant, besting the company’s $17.43 billion in sales in the fourth-quarter of 2011. Sales fell about $1 billion short of analyst estimates; in early after-hours trading, Amazon’s share price is up nearly 10% after a day of trading
1032 readersAmazon wants everyone to know today that sales of the various Kindle models on Friday were the best ever. Compared to last year, 4 times as many Kindles moved on Black Friday as ever before. But since we don’t really know how many Kindles sold last year, this year’s boast doesn’t really mean much.
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