Feeds

Amazon expands as etail shrinks

Post-Meltdown sales up 18 per cent

Beginner's guide to SSL certificates

Unlike the average etailer, Amazon actually enjoyed the post-Meltdown holiday season.

In the fourth quarter, according to those clever net watchers at comScore, etail spending shrunk for the first time in history. But the grand dame of online shops grew revenue 18 per cent year-over-year, from $5.67bn to $6.7bn. And profits jumped nine per cent, from $207 to $225m.

During a conference call with reporters and analysts, chief executive Jeff Bezos said the company has not noticed any customer attrition due to the melting economy. Nonetheless, Bezos and Co. were cautious in predicting performance for the current quarter, guessing that first-quarter revenues will fall somewhere between $4.525bn and $4.925bn.

In any event, Wall Street was pleased. Amazon's fourth-quarter numbers beat those of the Wall Street guessmen, and at last check, its shares were up neatly 13 per cent in after-hours trading.

Amazon chief financial officer Thomas J. Szkutak was particularly pleased with Kindle demand during the fourth quarter - but he didn't say how many people acting purchased the thing. The etailer's ebook was out of stock for much of the quarter. Rumor has it a new Kindle incarnation will arrive next month.

In North America, Amazon's overall sales jumped 18 per cent, and across the company's UK, German, Japanese, French, and Chinese sites, revenues climbed 19 per cent.

Amazon now has more than 88 million active accounts worldwide, a 16 per cent increase, and its total shopper count was up 28 per cent. ®

Beginner's guide to SSL certificates

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
DOUBLE BONK: Testy fanbois catch Apple Pay picking pockets
Users wail as tapcash transactions are duplicated
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
In the next four weeks, 100 people will decide the future of the web
While America tucks into Thanksgiving turkey, the world will be taking over the net
Microsoft EU warns: If you have ties to the US, Feds can get your data
European corps can't afford to get complacent while American Big Biz battles Uncle Sam
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.