Amazon.com Jumps As Kindle, Digital Media Fuel Sales Growth

By: Douglas MacMillan | WashPost.Bloomberg.com

July 27 (Bloomberg) — Amazon.com Inc., the world’s largest online retailer, gained the most in three months after its Kindle e-reader and digital-media services helped second-quarter sales and profit beat analysts’ estimates.

Net income was $191 million, or 41 cents a share, compared with $207 million, or 45 cents, a year earlier, the Seattle- based company said yesterday in a statement. That compared with 34 cents that analysts predicted. Net sales rose to $9.91 billion, compared with the $9.38 billion projection.

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