rss
0
By on July 23rd, 2010

Media Sales Up at Amazon

Revenue in Amazon’s North America media segment, which includes books and eBooks, rose 15% in the second quarter to $1.32 billion. Sales in the electronic and general merchandise segment rose 76% to $2.09 billion. The segment includes Kindle and the newly acquired shoe online Web site Zappos. Much of Amazon’s press release emphasized the success of Kindle and eBooks, repeating the same statistics it issued on Monday. In the conference call, executives said its physical book business rose by double digits in the quarter and for the first half of 2010. eBook growth has come from Kindle and apps, executives said.
Total sales rose 41%, to $6.6 billion and pre-tex income rose to $297 million from $179 million.
For the first six months of the year, North America media sales rose 19% to $2.9 billion and egm sales increased 74% to $4.1 million.
To support its business, Amazon is adding 13 new fulfillment centers this year.

PW: Media Sales Up at Amazon.

About the Author

David Hancock is reported to be the future of publishing and is the Founder of Morgan James Publishing and The Ethan Awards. David has co-authored ten books including "Guerrilla Marketing for Writers", "The Entrepreneurial Author" and "The Best of Guerrilla Marketing". David also sits on the Advisory Board of the National Center for the Prevention of Community Violence and serves on the Executive Board of Habitat for Humanity Peninsula and Greater Williamsburg.

Author's Corner • Industry News , , , , , ,

Leave a Reply

You must be logged in to post a comment.