Amazon reported second quarter sales of $4.06 billion, up 41 percent, and net income of $158 million, more than double what they recorded last year. Those results were ahead of the consensus analyst expectations in both sales and earnings. North American media sales of $1.148 billion were up 25 percent, once again exceeded by international media sales of $1.258 billion, which rose 38 percent, helped considerably by foreign exchange. (International media sales were up the same 25 percent increment excluding exchange rates. Media incorporates “books, movies, music, digital downloads, software and video games, including game consoles.”) The company remained true […]
