Feeds

Amazon expands as etail shrinks

Post-Meltdown sales up 18 per cent

Top 5 reasons to deploy VMware with Tegile

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
The 'fun-nification' of computer education – good idea?
Compulsory code schools, luvvies love it, but what about Maths and Physics?
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Lords take revenge on REVENGE PORN publishers
Jilted Johns and Jennies with busy fingers face two years inside
Yes, yes, Steve Jobs. Look what I'VE done for you lately – Tim Cook
New iPhone biz baron points to Apple's (his) greatest successes
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Ex-US Navy fighter pilot MIT prof: Drones beat humans - I should know
'Missy' Cummings on UAVs, smartcars and dying from boredom
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
Edward who? GCHQ boss dodges Snowden topic during last speech
UK spies would rather 'walk' than do 'mass surveillance'
prev story

Whitepapers

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.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
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.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.