Amazon.com has reported net sales of $2.28 billion and net income of $51 million for the first quarter of 2006.


Amazon.com has reported net sales of $2.28 billion and net income of $51 million for the first quarter of 2006.

Jeff Bezos, founder and CEO of Amazon.com, said: “This sequential growth comes off our biggest holiday season ever, and one where new subscriptions to Amazon Prime more than doubled from November to December”. [source]

Highlights of Amazon’s Q1 Report:

• North America segment sales – $1.25 billion

• International segment sales – $1.03 billion

• Worldwide Electronics & Other General Merchandise – 28% of worldwide net sales

• Worldwide Other revenue – $62 million

• Amazon’s S3 Service – 160,000 registrations

• The Company introduced “click to call”

• The Company acquired Shopbop.com

For the second quarter of 2006, Amazon expects net sales between $2.03 billion and $2.18 billion.

For the year 2006, Amazon expects net sales between $9.95 billion and $10.50 billion.

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