Friday, January 30, 2009

Amazon Has Strong Quarter, Unlike Other Retailers - NYTimes.com

SAN FRANCISCO — In December, Amazon.com said it was having its “best ever” holiday season. On Thursday, it offered proof.

The company posted strong earnings in a brutal climate that has punished nearly every other retailer, online and offline. Amazon’s net profit rose 9 percent, to $225 million, or 52 cents a share, in the quarter that ended on Dec. 31, up from $207 million, or 48 cents, in the same quarter a year earlier.
Amazon Has Strong Quarter, Unlike Other Retailers - NYTimes.com

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