Pulled In Around $9 Billion During The Holiday Season

Posted Jan 28, 2013

According to The Guardian, pulled in around $9 billion in cash and investment holdings during the 2012 holiday shopping season.  This is believed to be’s best December yet.  Wall Street estimates placed that Amazon’s revenues for the past quarter was $22 billion, which is a 59.3% jump from the $13.81 billion that the company earned in Q3 2012.

This is around a 26% jump from’s Q4 2011.  Analysts believe that’s cash reserves and savings are now sitting at $9 billion in savings and $6.8 billion in cash.  Morningstar brokers are placing’s reserves at between $7 and $8 billion. brought in around 50,000 season workers, which is an increase from their 2011 hiring.  Amazon shipped over 15.6 million products across all store categories.

[Source: Inquisitr]