Life is good for Amazon, which blew away analysts today with a reported $13.2 billion in quarterly revenue. That amounts to 28 cents earned on every share, as opposed to the more modest 6 cents per share and $12.9 billion overall anticipated by Wall Street analysts. Amazon CEO Jeff Bezos attributed the surprising haul to the success of the company’s Kindle and its Kindle Store.
Kindle is the bestselling e-reader in the world by far. I assure you we’ll keep working hard so that the Kindle Store remains yet another reason to buy a Kindle!
While Bezos wouldn’t say how many Kindles Amazon sold over the quarter, he predicted the company will have a similarly lucrative second quarter, with revenue of $11.9 billion to $13.3 billion.