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Amazon Net Sales Up 22% in Q2 2013

Amazon’s net sales increased 22% to $15.70 billion in the second quarter of 2013, as compared to $12.83 billion which the company earned in net sales during the second quarter 2012. Today, the company reported its financial results for its second quarter which ended June 30, 2013.

Kindle sales is helping drive the company’s growth. “This past quarter, our top 10 selling items worldwide were all digital products – Kindles, Kindle Fire HDs, accessories and digital content,” Jeff Bezos, founder/CEO of Amazon, explained in a statement.

Amazon pointed out a number of highlights during the quarter including expanding its digital content libraries for books, films and apps. In addition, during the quarter Amazon expanded the Amazon Appstore globally, making it available to millions of customers in almost 200 countries. Amazon also introduced Amazon Coins, a digital currency that consumers can purchase in bulk at a discount and then use them to purchase apps, games and in-apps.

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