Amazon.com Announces First Quarter Sales up 23% to $19.74 Billion

Amazon.com, Inc. has announced financial results for its first quarter ended March 31, 2014. Operating cash flow increased 26% to $5.35 billion for the trailing twelve months, compared with $4.25 billion for the trailing twelve months ended March 31, 2013. Free cash flow increased to $1.49 billion for the trailing twelve months, compared with $177

Amazon Launches Virtual Currency for Kindle Fire Customers

Amazon has announced that customers can now use Amazon Coins to purchase apps, games and in-app items in the Amazon Appstore and on Kindle Fire. To celebrate the launch, existing and new Kindle Fire customers in the U.S. have had 500 free Coins—a $5 value—deposited into their Amazon accounts. For customers, Amazon Coins is an