April 25, 2024

Amazon’s Q1 2012 earnings: net income down 35 percent to $130 million, net sales at $13.18 billion

It's no Apple-sized quarter, but you'd need to be on HGTV's Million Dollar Rooms a handful of times over to scoff at Amazon's Q1 2012 earnings. After reporting $ 177 million in net earnings last quarter (on $ 17.43 billion in revenue), the online sales behemoth has today registered $ 13.18 billion in net sales -- proudly reporting that said … [Read more...]