Wednesday, February 1, 2012

Amazon announces Q4 2011 earnings; all Kindle sales up 177 percent

Amazon announces Q4 2011 earnings; all Kindle sales up 177 percent

But still no hard numbers given on Kindle Fire sales

Amazon Kindle Fire

Amazon today released its fourth-quarter 2011 earnings numbers. Net revenue was up 41 percent year over year to $48.08 billion, but net income fell 45 percent to $631 million.

Amazon's already said that the Android-based Kindle Fire is its "best selling," "most wished for" and "most gifted device" of the 2011 holiday season, but until today it had yet to give any actual numbers. That trend continued today, though Amazon did announce that sales of all its Kindle products -- including the tablet and e-readers -- were up 177 percent over Q4 2010. Of course, the Kindle Fire didn't exist then, so large growth wouldn't be unexpected.

The Amazon Appstore did well for itself in the three months ending Dec. 31, 2011, however. Amazon says Appstore customers nearly tripled for the quarter, and than more apps were downloaded in those three months than in all previous quarters combined. The Appstore launched in March  2011.

A conference call is coming up -- we'll listen in for anything worthwile. Full presser's after the break.

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