AMAZON POSTS PROFIT GAINS AS OFFLINE RIVALS STRUGGLE.


	AMAZON POSTS PROFIT GAINS AS OFFLINE RIVALS STRUGGLE.

ellington

4-24-2009 8:51 PM

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/523b4a0a-de0c-41ba-a964-383a9a533389/4CFA1140-F10F-4E11-851D-E3AF00C7004D/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.nytimes.com/2009/04/24/technology/companies/24amazon.html?em#" href="http://www.nytimes.com/2009/04/24/technology/companies/24amazon.html?em#" style="font-size: 11px;">www.nytimes.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2009/04/24/technology/companies/24amazon.html?em#"><NYT_HEADLINE type=" " version="1.0">
Amazon Posts Profit Gains as Offline Rivals Struggle
</NYT_HEADLINE></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2009/04/24/technology/companies/24amazon.html?em#"><div align="center"><img src="http://content7.clipmarks.com/blog_cache/www.nytimes.com/img/43C2C9A9-B0A7-4E29-B628-8DA425AD01F4" alt="" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2009/04/24/technology/companies/24amazon.html?em#"><P class="caption">
Jeffrey P. Bezos, Amazon’s chief, said sales of the Kindle 2 e-book reader had “exceeded our most optimistic expectations.”
</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2009/04/24/technology/companies/24amazon.html?em#"><P><A title="More information about Amazon.com Inc" href="http://topics.nytimes.com/top/news/business/companies/amazon_inc/index.html?inline=nyt-org">Amazon.com</A> has joined <A title="More information about Apple Inc." href="http://topics.nytimes.com/top/news/business/companies/apple_computer_inc/index.html?inline=nyt-org">Apple</A> among the ranks of technology firms that are still growing robustly despite a shrinking economy.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2009/04/24/technology/companies/24amazon.html?em#"><P><A title="More information about Amazon.com Inc." href="http://topics.nytimes.com/top/news/business/companies/amazon_inc/index.html?inline=nyt-org">Amazon</A>, the online retailer based in Seattle, posted stronger-than-expected earnings during the slow winter months, attracting cost-conscious consumers with offers of free shipping and competitive prices for its wide variety of products.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2009/04/24/technology/companies/24amazon.html?em#"><P>Amazon’s net profit rose 24 percent, to $177 million, or 41 cents a share, in the quarter ending March 31, up from $143 million, or 34 cents a share, in the same quarter a year earlier. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2009/04/24/technology/companies/24amazon.html?em#"><P>The company’s first-quarter revenue climbed 18 percent, to $4.89 billion, slightly surpassing Wall Street’s expectations. Analysts polled by <A title="More information about Thomson Reuters Corporation" href="http://topics.nytimes.com/top/news/business/companies/thomson-reuters-corporation/index.html?inline=nyt-org">Thomson Reuters</A> on average had expected $4.76 billion in revenue.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/4CFA1140-F10F-4E11-851D-E3AF00C7004D/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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