AppNewser Appdata 10,000 Words FishbowlNY FishbowlDC TVNewser TVSpy LostRemote AgencySpy PRNewser MediaJobsDaily UnBeige SocialTimes

Amazon Net Sales Up To $13.81B In Q3; Net Loss $274M

Amazon’s net sales reached $13.81 billion in the third quarter of 2012 and increase of 27 percent from the $10.88 billion net sales in Q3 2011, according to an earnings report released by the company today.

Amazon’s net loss was $274 million in the third quarter, which the company attributed to its share of the losses reported byLivingSocial. According to The New York Times, this was the company’s “first quarterly loss in four years,” and the earnings did not meet Wall Street estimates $13.9 billion.

The release has more details: “Operating cash flow increased 8% to $3.37 billion for the trailing twelve months, compared with$3.11 billion for the trailing twelve months ended September 30, 2011. Free cash flow decreased 31% to $1.06 billion for the trailing twelve months, compared with $1.53 billion for the trailing twelve months ended September 30, 2011.”

The company also said that North America segment sales — which represents earnings from retail sales of consumer products including Amazon sellers Amazon Web Services subscriptions — were $7.88 billion which represents a 33 percent increase from the third quarter 2011.

AppNewser has more: “The company did not break out revenues from the Kindle store or for Kindle devices, though the company did report that worldwide media sales grew 11 percent to $4.60 billion. The company also reported that worldwide electronics and other general merchandise sales grew 36 percent to $8.56 billion.”

Mediabistro Course

Freelancing 101 Online Boot Camp

Freelancing 101Starting April 28, this online event will show you the best way to start your freelancing career, from the first steps of self-advertising and marketing, to building your schedule and managing clients. By the end of this online boot camp you will have a plan for making a profitable career as a freelancer, and the skill set to devote yourself to it. Register now!