Feeds

Amazon profits dip

Margin pressure

Protecting users from Firesheep and other Sidejacking attacks with SSL

Bookseller Amazon.com saw profits fall in the third quarter despite increasing sales.

The company made sales of $2.31bn in the third quarter ended 30 September 2006 - up 24 per cent on the same period last year. But net income was down to $19m compared with $30m in the third quarter of 2005.

US sales were up 21 per cent to $1.26bn with China, France, Germany, Japan and the UK bringing in $1.05bn - up 29 per cent on the same period last year.

Worldwide sales of electronic and general goods rose 43 per cent to $699m or 30 per cent of worldwide net sales.

Amazon Prime, the company's loyalty scheme which gets you free shipping in exchange for a fixed annual fee, also showed good sequential growth.

The company made strong predictions for the crucial Christmas season - it expects net sales between $3.625bn and $3.950bn and to bring in operating income of between $145m and $235m.

More from Amazon here. ®

Choosing a cloud hosting partner with confidence

More from The Register

next story
JINGS! Microsoft Bing called Scots indyref RIGHT!
Redmond sporran metrics get one in the ten ring
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
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
OECD lashes out at tax avoiding globocorps' location-flipping antics
You hear that, Amazon, Google, Microsoft et al?
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

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.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
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 and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.