Amazon Q2 Sales Up 29%, App Store Expanding To Europe
Amazon reported today that net sales increased 29 percent to $12.83 billion in the second quarter of 2012, up from $9.91 billion which the company earned in its second quarter 2011.
GalleyCat points out that the company still missed Wall Street estimates of $12.9 billion in sales. Here is more from the blog: “The company noted that Kindle Direct Publishing authors had scored 20 spots on Amazon’s list of the top 100 bestselling Kindle titles. The quarter also included an estimated loss of $65 million as the company acquired Kiva Systems.”
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