Amazon Sales Up 44% in Q3 2011

By Dianna Dilworth 

Amazon’s net sales increased 44 percent to $10.88 billion in the third quarter of 2011, compared with $7.56 billion in third quarter 2010. The company released its earnings today for the quarter, which ended September 30, 2011. Amazon also reported that North America segment sales, which includes sales from the U.S. and Canadian sites, were $5.93 billion, up 44 percent from the same quarter in 2010.

eBookNewser has more: “Amazon chief Jeff Bezos said that Kindle sales helped drive this increase. He stated in a press release: ‘September 28th was the biggest order day ever for Kindle, even bigger than previous holiday peak days – we introduced Kindle Fire for $199, Kindle Touch 3G for $149, Kindle Touch for $99, and our all new Kindle for only $79. In the three weeks since launch, orders for electronic ink Kindles are double the previous launch. And based on what we’re seeing with Kindle Fire pre-orders, we’re increasing capacity and building millions more than we’d already planned.'”

During the quarter Amazon Publishing released 61 titles, including Kindle bestsellers The Detachment by Barry Eisler, Dove Season by Johnny Shaw and A Small Fortune by Audrey Braun. During the quarter, the publishing house also opened 47North, a new sci-fi and fantasy imprint.