One third of Amazon sales are electronic
"Cyber Monday Drives Amazon Stock to Record Heights
By Jason Boog on Nov 30, 2009 03:23 PMa.com_logo_RGB1.jpg |
As of this writing, the stock price sat at 135.14. According to CNN Money, the stock hit a record high today: "One of the most-notable gainers was Amazon.com Inc. (AMZN), which climbed as much as $3.51 a share to an all-time high of $135.25 on belief that the online retailer will benefit from strong weekend holiday-shopping sales."
In addition, an Amazon spokesperson Cinthia Portugal told the Pittsburgh Post-Gazette: "For every 100 books we sell in physical, we sell 48 Kindle books"--one of the first concrete figures that Amazon has revealed about the sales of the device. (Via Sarah Weinman)"
found at http://www.mediabistro.com/galleycat/bookselling/cyber_mondy_drives_amazon_stock_to_record_heights_144434.asp?c=rss
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