Amazon Sold 'Millions' of Third Generation Kindles Last Quarter
Amazon.com, Inc. announced its fourth quarter results today, counting a 36 percent rise in net sales and an eight percent increase in net income compared to the same period last year. Net sales totaled $12.95 billion for the quarter.
In addition, the company said it sold “millions of third-generation Kindles” during the quarter, keeping figures cloudy. The company did note that Kindle books are now more popular than paperbacks.
Here’s more from CEO Jeff Bezos, from the release: “We had our first $10 billion quarter, and after selling millions of third-generation Kindles with the new Pearl e-ink display during the quarter, Kindle books have now overtaken paperback books as the most popular format on Amazon.com.
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