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Amazon Sales Up 29% to $12.83 Billion

Posted on 7.30.2012

Amazon had quite the second quarter based on its most recent financial results. Net sales for the company increased 29% to $12.83 billion in the second quarter, compared with $9.91 billion in second quarter 2011.

Numerous highlights were discussed in the recent earnings call, including:

- Kindle Fire remains the #1 bestselling product across the millions of items available on Amazon.com since launch. Over this same period, the top 10 selling items on Amazon.com were digital products – Kindle, Kindle books, and accessories.

- Worldwide Electronics and Other General Merchandise sales grew 38% to $8.16 billion. Excluding the unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, sales grew 42%.

- AWS relaunched AWS Support with the expansion of free support for all AWS customers, a reduction in pricing on premium support plans and adding multiple new features to help customers better interact with and improve their use of AWS, including chat functionality and proactive alerts when opportunities exist to save money, improve system performance, or close security gaps.

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