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Friday, April 27, 2012

Amazon.com announces quarterly figures as Kindle Fire becomes best-selling Android tablet

Amazon.com has announced financial results for the first quarter of its current financial year.  Net sales were up 34% year-on-year to $13.18 billion (£8.1 billion), although net income was down by 35% to $130 million. The next quarter is expected to see a similar pattern as sales increase but profits fall.

Amazon’s Android-based Kindle Fire tablet is still the bestselling, most gifted and most wished-for product on the US-based website. The company also recently launched the Kindle Touch Wi-Fi and Kindle Touch 3G ebook readers in the UK and other markets ahead of schedule.

Jeff Bezos, founder and CEO of Amazon.com, said “I’m excited to announce that we now have more than 130,000 new, in-copyright books that are exclusive to the Kindle Store – you won’t find them anywhere else. Kindle is the bestselling e-reader in the world by far, and I assure you we’ll keep working hard so that the Kindle Store remains yet another reason to buy a Kindle!”

Figures released by comScore this week show the Amazon Kindle Fire to be the leading Android tablet in the USA with a 54.4% share of the market, followed by Samsung’s Galaxy Tab family at 15.4% and the Motorola Xoom with a 7.0% share.

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1 comments on article "Amazon.com announces quarterly figures as Kindle Fire becomes best-selling Android tablet"

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Gizmo Trader

5/1/2012 2:35 PM

Amazon definitely produces great products. The Kindle Store is one of the best features of the Kindle products because it offers users a huge variety of reading content, and it's expanding every day!

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Opinion Articles

Ee-ee-ee, says Everything Everywhere

Mark Bridge writes:

Mobile networks have changed, haven’t they?

Once they were all about delivering service. Coverage. Quality. Price. Now it’s much more about branding.

Everything Everywhere has announced it’s to become EE, an obvious abbreviation that’s been used in mobile industry briefings pretty much since the company was created two years ago. It joins the likes of Kentucky Fried Chicken, Hennes & Mauritz, British Home Stores, Independent Television and Marks & Spencer, although all of these took decades to transition into businesses that were just described by their initials.

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Last week at The Fonecast: 10th September 2012

No Amazon smartphone, no Nokia tablet

Mark Bridge writes:

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With instant-pay apps, wallets can stay home

Ted Landphair of voanews.com writes:

A lot of people gave up carrying much cash a long time ago, since they knew ‘plastic’ - a credit or debit card, or a store or public transit ‘smart card’ - would be accepted just about everywhere.

But to hear tech companies tell it, plastic cards will be museum pieces as well before long.

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Last week at The Fonecast: 27th August 2012

4G gets a boost in the UK, Samsung gets a slap in the USA

Mark Bridge writes:

It was a week of dramatic contrasts in the mobile phone industry. We started with Everything Everywhere’s news that 4G service was coming to the UK this year – possibly with a new brand that’ll work alongside Orange and T-Mobile. Meanwhile Three UK seems to have its own plans that involve acquiring some excess 4G spectrum from Everything Everywhere. There was much muttering from Vodafone and O2, although whether this’ll manifest itself as legal action remains to be seen.

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The Hare and the Tortoise: the race for 4G/LTE in the UK

Robin Kent writes:

With this week’s announcement that Everything Everywhere has been given the green light to launch the UK’s first 4G service, competing operators such as Vodafone and O2 are getting hot under the collar. With every day that goes by, these operators lose vital competitiveness as the market creeps away them towards Orange and T-Mobile. This is a real life ‘hare and tortoise’ scenario.

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