Amazon has published its latest financial results, revealing that its net sales were up 51% year-on-year to $9.91 billion in the second quarter of this year. However, its net income fell 8% to $191 million for the quarter. As ever, the company kept its cards close to its chest on its music services: no figures for the Amazon MP3 Store or for the newer Cloud Drive and Cloud Player services, and no figures for the Kindle e-reader beyond the size of its catalogue (950,000 e-books). The ad-supported Kindle 3G with Special Offers is now its best selling e-reader, while the company played a straight bat to questions about its rumoured tablet launch later this year. CFO Tom Szkutak told journalists to “stay tuned”, while telling analysts “We have a longstanding practice of not talking about what we may or may not do. Can’t help you.”Read more:http://tinyurl.com/3msumaz
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