It's a lonely world when you've no storefronts to call your own. Shortly after Target decided it best to halt the sales of Amazon's Kindle products, it's being reported that Walmart is following suit. A quote obtained by Reuters suggests that Wally World's bigwigs won't be carrying Amazon tablets and e-readers "beyond the existing inventory and … [Read more...]
Amazon’s Q1 2012 earnings: net income down 35 percent to $130 million, net sales at $13.18 billion
April 28, 2012 by
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...]
