Kindle gives Amazon Q3 sales boost
Amazon.com today announced a 28% increase in sales for the third quarter ended September 30, up to $5.45bn (€3.63bn) from $4.26bn (€2.84bn) in the same period last year.
Net income increased 68% to $199m (€132m) in the third quarter, or $0.45 (€0.30) per diluted share, compared with net income of $118m (€78m), or $0.27 (€0.18) per diluted share, in third quarter 2008.
The sales boost was largely attributed to the successful introduction of the company's e-reader Kindle.
“Kindle has become the #1 bestselling item by both unit sales and dollars – not just in our electronics store but across all product categories on Amazon.com," said founder and CEO Jeff Bezos.
"It’s also the most wished for and the most gifted. We are grateful for and energized by this customer response."
Sales figures for Kindle were however not divulged.
