Amazon.com Announces Revenues Increased To $7.56 Billion

Posted Oct 22, 2010

Amazon.com, Inc. (NASDAQ:AMZN) has announced their financial results during the third quarter ending September 30. Operating cash flow grew 16% to $2.62 billion. About a year ago, Amazon.com pulled in about $2.25 billion. ?Every year for the last 15 years we?ve worked to improve the things customers care about, and this year is no exception,? stated Amazon.com founder and CEO Jeff Bezos. ?This holiday season we?ll have the best prices, the biggest selection, the highest in-stock, and the fastest delivery in our history.? Net sales have also increased 39% to $7.56 billion in the third quarter. Last year Amazon made $5.45 billion in third quarter 2009. [Barron’s Blog]