There were some surprising tidbits in Amazon's quarterly earnings release today.
Sales topped $10 billion for the first time. In spite of the threat that Apple's iPad presents for its Kindle e-book reader, Amazon announced that its Kindle e-book sales now top paperback book sales; they were already more popular than hardcover books. However, the 36 percent increase in revenue, unfortunately, still fell short of Wall Street's high expectations for the steadily growing e-commerce company.
Sales reached $12.95 billion for 2010's holiday-heavy fourth quarter, up from $9.52 billion in the fourth quarter of the … Read more