Amazon Q1 Net Sales Up 38% To $9.86 Billion

Amazon reported today that its net sales for Q1 were up 38% to $9.86 billion up from $7.13 billion in Q1 2010.

Amazon chief Jeff Bezos had this statement: “In the last 90 days, we announced Kindle with Special Offers, Kindle Library Lending, Audible audiobooks on Kindle, Appstore for Android, Amazon for Windows Phone 7, Checkout by Amazon in both Germany and the U.K., a Kindle Store in Germany, Cloud Drive, Cloud Player, and Prime Instant Video – just to call out a few of the things we’ve been working on.”

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