Amazon revenue increases 41% in Q2'10

Wednesday, July 21, 2010

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Amazon posted double digit increases in revenue, operating income and net income in Q2 ’10 results.

Revenue rose 41% from $4.65 billion to $6.57 billion. Operating income jumped 71%, from $159 million to $270 million. Net income rose 45%, from $142 million to $207 million.

The company said more than $1 billion in products were ordered through a mobile device. North American media sales rose from $1.15 billion to $1.3 billion in the quarter.

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