Apr
23rd
Fri
23rd
Amazon Now a Larger Seller of Stuff Other Than Media
In its first quarter earnings report on Thursday, in which it announced an expectations-busting 46 percent increase in revenues over the year before and a 68 percent increase in profit, Amazon said its worldwide media sales grew 26 percent to $3.43 billion. For the first time, that total is less than its worldwide sales of electronics and other general merchandise, which grew 72 percent to $3.51 billion.