Amazon rides out recession

Crunch Saved by Santa

By INQUIRER Newsdesk

Fri Jan 30 2009, 10:54

IT LOOKS LIKE THE FOLKS AT AMAZON had a better Christmas than most with a remarkable 18 per cent jump in revenue on the same period last year.

And it looks like the American etailer's figures were bolstered by overseas punters with international (non US) sales rocketing by 31 per cent.

Amazon also said that sales of its Kindle book reader were better than expected but kept the actual sales figures close to its chest for some unknown reason.

Anal listers believe the bouyant figures are due to aggressive pricing by Amazon, but the company denies that its discounts were as deep as some had suggested. µ

Kindles and Ipads dominated Christmas Gadgets filled many stockings Thursday, 5 January 2012, 09:06 AM Read more	Amazon sells its latest Kindle at a $5.25 loss Aggressive pricing model might hit competition hard Thursday, 10 November 2011, 15:10 PM Read more
Amazon Kindle 4 review Faster page turning but no real keyboard Tuesday, 11 October 2011, 17:57 PM Read more	Amazon puts Kindle 4 on sale today Might sell out in 24 hours, claims Dixons Tuesday, 11 October 2011, 11:35 AM Read more
Barnes & Noble unveils an updated e-reader The Nook gets a make-over to compete with Kindle Tuesday, 24 May 2011, 17:43 PM Read more	Apple's Ipad 2 rivals will fail, says analyst firm Jobs chalks up another fan Friday, 11 March 2011, 15:16 PM Read more

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Comments

Duh

Hmmm well lets see - they had the best price on Ipod Nino and high resolution scanner, plus free shipping. I guess I should have bought from someone else w/ a higher profit margin to help stimulate the economy.

posted by : Hucklebuck, 30 January 2009 Complain about this comment

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Amazon rides out recession

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