Monday, April 30, 2012

Good Quarter for Amazon

Good Quarter for Amazon:
Revenue is up year over year, although profits were down. This caught my eye:


“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. They include many of our top
bestsellers – in fact, 16 of our top 100 bestselling titles are
exclusive to our store,” said Jeff Bezos, founder and CEO of
Amazon.com.


So 16 percent of bestselling titles are exclusive to the Kindle Store — and the
Department of Justice is investigating Apple’s iBookstore. Got it.

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