The arrival of Apple's iPad may eventually spell doom for the Kindle, but right now, Amazon isn't complaining. Publisher's Weekly reports that Amazon had a banner year in 2009 - you know, as the rest of the economy plummeted into some lower circle of hell. Total revenue was up 28% and net income increased 40%, according to PW.
Also interesting: Amazon reports that it now sells six Kindle books for every 10 physical books on the 410,000 e-books it has in stock (excluding free e-books).
Comments