Still seeing net losses despite huge sales numbers; no Kindle Fire sales figures given
Amazon has just posted its Q3 2013 earnings report, and the line seems to follow much the same trend as previous quarters. While the retail and online service giant posted a massive $17.09 billion in sales, up 24 percent year-over-year, it still posted an operating loss of $25 million (net loss of $41 million) for the quarter. That loss is improved from an operating loss of $28 million in the same quarter last year, and Amazon claims $7 million of that loss was due to negative foreign exchange impact, but losses are still never good to see.
As is the case every quarter, Amazon chose not to break out any sales figures of its Kindle Fire tablets, although it did take a moment to remind everyone that it has launched three new models and is offering a great experience with the Mayday button: “average Mayday response times are just 11 seconds!” said CEO Jeff Bezos.
The earnings report also pointed out some successes in the Amazon Appstore, including the launch of the Appstore Developer Select program. It’s clear that Amazon is putting a lot of weight behind its mobile devices and services, but without any specific numbers on them its hard to nail down just exactly how well they’re performing independent of the rest of its business.
Source: Amazon