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Mobile sales hit $1 billion for Amazon

Amazon has revealed that worldwide mobile commerce revenue reached $1 billion in the past year, the first time the online retailer has disclosed sales from mobile commerce.

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Mobile sales hit $1 billion for Amazon

Amazon has revealed that worldwide mobile commerce revenue reached $1 billion in the past year, the first time the online retailer has disclosed sales from mobile commerce.

Amazon CEO Jeff Bezos said: “In the last 12 months customers around the world have ordered more than $1 billion of products from Amazon using a mobile device,” He added: “The leading mobile commerce device today is the smart phone, but we're excited by the potential of the new category of wireless tablet computers. Over time, tablet computers could become a meaningful additional driver for our business.”

In the second quarter total net sales reached $6.57 billion, up 41.3% from $4.65 billion in the second quarter of 2009. US sales totalled $3.59 billion, a 46.5% increase from $2.45 billion in the same period last year. International sales were up 35%, reaching $2.97 billion and operating income grew 69.8% to $270 million.

During the first half of the year total sales were $13.69 billion, up 43.5% from $9.54 billion in the first half of 2009. US sales grew 46.5%, reaching $7.37 billion and international sales were up 40.1% to $6.32 billion in the first half. Operating income grew 65.4% year-on-year to $665 million from $402 million.

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