April 27, 2011:Amazon reveals its Q1 financials

Amazon reveals its Q1 financials

Amazon has announced that its net sales increased by 38% year-on-year to $9.86 billion in the first quarter of 2011, but its net income fell 33% to $201 million for Q1. As ever, there were precious few details of how sales are going on the Amazon MP3 Store…

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