Friday, January 30, 2009

Amazon Sales - Like a Rocket

Good news from the corporate world is almost news itself these days and Amazon's 2008 fourth quarter sales report is cheerful reading.

The sales for the quarter increased with 18%. Such an increase is, of course, huge in the face of struggling retail sales but Amazon also outperformed the US e-commerce sector which is estimated to have suffered a 3% decline for the same period.