Feeds

Amazon in 71% profit surge

Um, let's give the Kindle credit

Security for virtualized datacentres

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. ®

Security for virtualized datacentres

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
Apple Pay is a tidy payday for Apple with 0.15% cut, sources say
Cupertino slurps 15 cents from every $100 purchase
Forget silly privacy worries - help biometrics firms make MILLIONS
Beancounter reckons dabs-scanning tech is the next big moneypit
Microsoft's Office Delve wants work to be more like being on Facebook
Office Graph, social features for Office 365 going public
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.