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Amazon reports Stellar 2010.(Brief article)

Publishers Weekly

| January 31, 2011 | (Hide copyright information)Copyright

Total sales for the year at Amazon were up 40%, to $34.2 billion, while net income rose 28%, to $1.15 billion. Chairman Jeff Bezos said Amazon sales topped more than $10 billion in a quarter for the first time, with actual sales hiring $12 billion, and "after selling millions of third-generation Kindles during the quarter, Kindle books have now overtaken paperback books as the most popular format on Amazon.com," even while sales of …

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