Solid first quarter for

First-quarter sales for online giant rose 18%, to $4.89 billion, up from $41.3 billion in the first quarter of 2008. Net income increased 24%, to $177 million, up from $143 million last year.

North America segment sales, representing the company’s U.S. and Canadian sites, reached $2.58 billion, up 21% from the first quarter of 2008. International segment sales, representing the Seattle-based company’s U.K., German, Japanese, French and Chinese sites, were $2.31 billion, up 15% from the first quarter of 2008.

The merchant got a boost from sales of the Kindle 2, an updated version of its wireless reading device. Launched in February, Kindle 2 boasts longer battery life, faster page turns, a crisper display, and seven times more storage.

The Kindle Store offers more than 270,000 books, including 104 of 112 New York Times Best Sellers, plus top U.S. and international newspapers and magazines. “We’re grateful and excited that Kindle sales have exceeded our most optimistic expectations,” Amazon founder/CEO Jeff Bezos said in a release.

Partner Content

Hincapie Sportswear Finds Omnichannel Success in the Cloud - Netsuite
For more and more companies, a cloud-based unified data solution is the way to make this happen. Custom cycling apparel maker Hincapie Sportswear has leveraged this capability to gain greater visibility into revenue streams, turning opportunities into sales more quickly while gaining overall operating efficiency. Download this ecommerce special report from Multichannel Merchant to more.
The Gift of Wow: Preparing your store for the holiday season - Netsuite
Being prepared for the holiday rush used to mean stocking shelves and making sure your associates were ready for the long hours. But the digital revolution has changed everything, most importantly, customer expectations. Retailers with a physical store presence should be asking themselves—what am I doing to wow the customer?
3 Critical Components to Achieving the Perfect Order - NetSuite
Explore the 3 critical components to delivering the perfect order.
Streamlining Unified Commerce Complexity - NetSuite
Explore how consolidating multiple systems through a cloud-based commerce platform provides a seamless experience for both you, and your customer.