Good Quarter for Amazon

Revenue is up year over year, although profits were down. This caught my eye:

“I’m excited to announce that we now have more than 130,000 new, in-copyright books that are exclusive to the Kindle Store – you won’t find them anywhere else. They include many of our top bestsellers – in fact, 16 of our top 100 bestselling titles are exclusive to our store,” said Jeff Bezos, founder and CEO of Amazon.com.

So 16 percent of bestselling titles are exclusive to the Kindle Store — and the Department of Justice is investigating Apple’s iBookstore. Got it.

★ Thursday, 26 April 2012