Amazon bucks trend : Q4 sales up 18%
Amazon have released their Q4 2008 figures today. Sales for the quarter were up 18% (to $6.7 billion) compared to the same quarter in 2007. Sales from Amazon’s international sites did even better, up 19%. Business was up across all segments of Amazon’s business, with media sales up 9% and electronics up an impressive 31%. Jeff Bezos said that the company is “particularly grateful for the unusually strong demand for Kindle” over the fourth quarter.
Amazon bucks the general trend, which saw a drop in online sales over the holiday shopping season (November – December 24th 2008). eBay’s Q4 results announced last week saw a fall of 16% in revenue of their marketplace businesses.
There’s no breakdown of sales into those made by Amazon themselves and those made by their third party sellers, though the press release does mention 3 million items shipped by FBA.
After last week’s news that Facebook’s traffic has overtaken that of eBay in the UK, this is another blow to eBay’s online position.