Amazon first quarter profits fall to $82 million as sales jump 22%

http://www.blogcdn.com/www.engadget.com/media/2013/01/amazon-jeff-bezos-340.jpg Amazon’s Q1 for 2013 was a bit of a mixed bag. The company saw net income drop 37 percent year-over-year to $82 million, though its net sales were up 22 percent to $16.1 billion. Product sales accounted for the vast majority of that income, with its various branded services only pulling in $2.8 billion. The United States is still the company’s biggest market, with $9.4 billion of that sales revenue coming from here. The rest of the globe only accounted for $6.7 billion, though media was particularly strong in those markets. Media sales were $2.55 billion over seas and just $2.51 billion in the US.
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Filed under: Misc, Amazon
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