Feeds

Amazon.com loss widens 200 per cent

And sequential sales growth is right off

  • alert
  • submit to reddit

Providing a secure and efficient Helpdesk

Amazon.com's loss continues to widen - this time by a whopping 200 per cent. And the e-tailer recorded its first quarter-on-quarter drop in revenue. Still, the company's love of the red has clearly reached such proportions that Wall Street expected it to announce an even deeper Q1 loss. Amazon.com said its US books, music and video sales operations lost $2.4 million on revenues of $401.14 million. The company claimed book sales showed a profit, but it didn't specify by how much. Its other departments lost $69.4 million on sales of $97.3 million. Overseas, Amazon.com's ventures lost a combined $27.4 million of sales of $75.1 million. Pro forma net losses for the three-month period - excluding investment and other charges - were $121 million, which amounts to earnings of 35 cents a share. Analysts had the loss pegged at 36 cents a share, according to First Call's poll. Its margins remain static, at 22 per cent for this and the previous quarter. ® Related Story Amazon sells Phantom Menace for 12p

Providing a secure and efficient Helpdesk

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Apple CEO Tim Cook: TV is TERRIBLE and stuck in the 1970s
The iKing thinks telly is far too fiddly and ugly – basically, iTunes
Huawei ditches new Windows Phone mobe plans, blames poor sales
Giganto mobe firm slams door shut on Microsoft. OH DEAR
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
Show us your Five-Eyes SECRETS says Privacy International
Refusal to disclose GCHQ canteen menus and prices triggers Euro Human Rights Court action
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.