Thursday, April 25, 2013

Amazon Q1 Sales Hit $16.07 Billion

Seattle-based Amazon.com reported its results Thursday, saying that its first quarter sales were up 22 percent to $16.07 billion, compared with $13.18 billion in the first quarter. Sales were also up compared with the first quarter of 2012, by 24%. However, Amazon's operating income dropped 6 percent to $181M in the first quarter.