Amazon Net Sales Hit $16B in Q1 2013, Up 22%
Amazon’s net sales were $16.07 billion in the first quarter of 2013 an increase of 22 percent, compared with $13.18 billion in first quarter of 2012, the company said today.
During the quarter, Amazon acquired social reading platform Goodreads; made the Kindle Fire HD 8.9” available in more countries; and made Amazon MP3s available to iPhone users. They also grew the Kindle Owners’ Lending Library, which lets Amazon Prime customers borrow eBooks for free, to 300,000 books. The company also focused on expanding its TV and film licensing agreements and on creating original programming.
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