Amazon Revenue Hits $46,632 Per Minute

Amazon’s 2009 revenue for the fourth quarter was $9.52bn, a 42 per cent increase from a year ago, while profits hit $384m, a 71 per cent leap.

For all of 2009, Amazon’s revenue was $24.51bn, a 28 per cent leap from 2008, and profits reached $902m, a 40 per cent increase.

That works out at a staggering $46,632 per minute, or around £28k.

What’s the success due to?

1.    Excellent prices

2.    Excellent delivery

3.    Easy for other shops to sell via Amazon

4.    Easy to use website

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