Amazon Net Sales Up 39%, Kindle Drives Growth

Amazon’s net sales grew 39% in the third quarter of this year to $7.56 billion. And the company’s operating income increased 7% to $268 million in the third quarter, compared with $251 million in third quarter 2009. In addition, Amazon’s net income increased 16% to $231 million in the third quarter, compared with net income of $199 million in third quarter 2009.

The online giant attributed much of its success to the growth of Kindle sales. According to a press release, “The new generation Kindle devices are the fastest-selling Kindles of all time and the bestselling products on Amazon.com and Amazon.co.uk. More new generation Kindle devices were ordered in the first twelve weeks of availability than in the same time frame following any other Kindle launch. In addition, in the twelve weeks following the introduction of the new generation of Kindles, customers ordered more Kindle devices on Amazon.com and Amazon.co.uk than any other product.”

North America segment sales, representing the Company’s U.S. and Canadian sites, were $4.13 billion, up 45% from third quarter 2009. And international segment sales, including the Company’s U.K., German, Japanese