Feeds

Amazon in 71% profit surge

Um, let's give the Kindle credit

Intelligent flash storage arrays

Amazon simply had a wonderful Christmastime.

In the fourth quarter, the mega-etailer pulled in revenues of $9.52bn, a 42 per cent increase from a year ago, while profits hit $384m, a 71 per cent leap.

In announcing these Q4 results today - a day after the debut of the Apple iPad - Amazon chief Jeff Bezos couldn't help but mention the company's Kindle ereader. "Millions of people now own Kindles," Bezos said in a canned statement. "And Kindle owners read, a lot.

According to Bezos, the company sells six Kindle books for every 10 physical books when it carries a title in both formats. And that includes only paid books.

But Amazon sells far more than books - and as usual, it didn't give specific numbers on Kindle sales or Kindle ebook sales. But there's no doubt the company received a big Q4 boost from Zappos, the shoe efetishist it acquired in November. The outfit provided about $200m in revenue during the quarter.

For all of 2009, Amazon pulled in $24.51bn in revenues, a 28 per cent leap from 2008, and profits reached $902m, a 40 per cent increase.

Fourth quarter numbers beat the expectations of the Wall Street guessmen, and Amazon shares were up 3 per cent in after-hours trading. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
Spies, avert eyes! Tim Berners-Lee demands a UK digital bill of rights
Lobbies tetchy MPs 'to end indiscriminate online surveillance'
How the FLAC do I tell MP3s from lossless audio?
Can you hear the difference? Can anyone?
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
4chan outraged by Emma Watson nudie photo leak SCAM
In the immortal words of Shaggy, it wasn't me us ... amirite?
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.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
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.