Tag Archives: Jeff Bezos
Amazon Hits $17.43 Billion In Fourth Quarter
Today Amazon.com has announced their financial results for the fourth quarter ended December 31, 2011. Their net sales have increased 35% to $17.43 billion in the fourth quarter. The company’s operating cash flow increased 12% to $3.90 billion compared to $3.50 billion for the trailing twelve months in the year before. Free cash flow decreased 17% to $2.09 billion.
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Categories Amazon, Amazon.com, Jeff Bezos
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Amazon.com Sold Over 4 Million Kindles This Month
Amazon.com has released information about how many Kindles have been sold during the holiday season. In December alone, four million Kindles have been sold. “We are grateful to our customers worldwide for making this the best holiday ever for Kindle,” stated Amazon.com founder and CEO Jeff Bezos. The #1 and #4 best-selling Kindle books released in 2011 were also both published independently by their authors using Kindle Direct Publishing.
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Conan O’Brien Shows How To Fix The Kindle Fire [VIDEO]
Comedian Conan O’Brien has put together a funny skit about how to go about fixing the Kindle Fire using an actor playing Jeff Bezos. The actor makes some excellent suggestions such as putting duct tape over the power button. I’ll let you judge the rest in the video above. [Fortune]
Categories Amazon, Amazon Kindle Fire, Amazon.com, Jeff Bezos
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Car Request Servicer Uber Raises $32 Million From Menlo Ventures, Benchmark, Goldman Sachs, and Jeff Bezos
Amazon Starts Selling Every Smartphone For One Penny Until Monday
Amazon.com, Inc. (NASDAQ:AMZN) CEO and founder Jeff Bezos has become extremely aggressive when it comes to selling smartphones this holiday season. Amazon.com has started selling every non-iPhone smartphone for $0.01.
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Categories Amazon, Amazon.com, Jeff Bezos
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Amazon.com Reports That They Are Selling More Kindle Books Than Print Books
Amazon.com, Inc. (NASDAQ:AMZN) has published a press release today that reveals that their customers are buying more Kindle books than print books (hardcover & paperback) from them. Amazon.com started selling books in July 1995. The original Kindle was released in November 2007.
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Categories Amazon, Amazon.com, Jeff Bezos, Kindle
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Is Amazon.com Making A Multipurpose Tablet? “Stay Tuned,” Says Bezos.
In an interview with Consumer Reports, Jeff Bezos replied “stay tuned” when asked about Amazon.com possibly building a multipurpose tablet. “We will always be very mindful that we will want a dedicated reading device,” said Bezos. “In terms of any other product introductions, I shouldn’t answer.” [Consumer Reports]
Categories Amazon, Amazon.com, Jeff Bezos
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Amazon.com Reports Higher Sales, But Lower Income In Q1
Amazon.com, Inc. (NASDAQ:AMZN) has recently reported their first quarter 2011 financial information. They posted $9.86 billion in revenues for the first quarter, which puts them up 38% during the same quarter last year. But Amazon.com’s net income has decreased 33% to $201 million for the first quarter. During the same quarter last year, Amazon.com reported a net income of $299 million.
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Categories Amazon, Amazon Appstore, Amazon.com, Jeff Bezos
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Wal-Mart Acquires Kosmix For Over $300 Million
Wal-Mart Stores, Inc. (NYSE:WMT) has acquired Kosmix for over $300 million according to a source with AllThingsD. Kosmix is a social media platform company that has raised $55 million in funding from Time Warner Investments, Accel Partners, Lightspeed Venture Partners, DAG Ventures, Bezos Expeditions, Jonathan Miller, and Ed Zander.
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Larry Page and Sergey Brin Wanted To Hire Steve Jobs Back In 2000 As CEO
Back in 2000, Google Inc. (NASDAQ:GOOG) co-founders Larry Page and Sergey Brin wanted to hire Apple CEO Steve Jobs as their company CEO. Around then, Google’s investors said that their company needed some adult supervision through with an experienced CEO. John Doerr arranged interviews between Page and Brin with Andy Grove (Intel) and Jeff Bezos (Amazon.com). “…they would only consider one person: Steve Jobs,” wrote Wired senior writer Steven Levy. Jobs was too busy running Apple at the time and was gearing up to launch the first iPod. Eventually Doerr convinced the two to hire Novell CEO Eric Schmidt. [CultOfMac]
Categories Andy Grove, Eric Schmidt, Google, Jeff Bezos, John Doerr, Larry Page, Sergey Brin, Steve Jobs
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