Content about Amazon Kindle

SEATTLE — It’s no surprise that on the heels of record-breaking Cyber Monday sales, heavyweight Amazon reported record sales of its popular Kindle devices.

Cyber Monday 2012 proved to be the biggest day ever for Kindle sales worldwide, cementing the top four spots for Kindle e-readers and Kindle fires on Amazon’s worldwide bestsellers list. The Kindle devices have held the top four spots since their launch nearly three months ago.

To celebrate Cyber Monday, Amazon.com offered the Kindle Fire for $129.

SEATTLE — Amazon.com enjoyed tremendous sales growth in the fourth quarter, but it came at a steep price as expenses grew faster than sales due to investments to support future growth.

SEATTLE — The popularity of Amazon.com's Kindle e-readers continues to help boost Amazon.com's sales. However, net income for the third quarter was disappointing.

Amazon.com reported that net sales for the third quarter increased 44% to $10.88 billion in the third quarter, compared with $7.56 billion in third quarter 2010. Net income decreased 73% to $63 million in the third quarter, or 14 cents per diluted share, compared with net income of $231 million, or 51 cents per diluted share, in third quarter 2010.

BOCA RATON, Fla. — Office Depot is looking to gain a share of the popular e-reader market with the news that, beginning Sept. 25, it will offer the Amazon Kindle through its retail stores.

ANN ARBOR, Mich.  — By now most consumers are at least somewhat familiar with the e-reader, namely Amazon's Kindle and Barnes & Noble's Nook, but there's another e-reader on the market and Borders is banking on the device to help boost its business.

This Mother’s Day is shaping up to be a battle between Amazon’s Kindle and Barnes & Noble’s Nook, with the popular e-readers featured on the cover of circulars from Target and Walmart that dropped this past weekend.

SEATTLE  -- Retail industry online sales ascended to new heights during the past holiday season and as Amazon.com’s fourth quarter results show it was a key driver of the growth.

The company’s fourth quarter sales increased 36% to nearly $13 billion and its full year sales increased 40% to $34.2 billion. North America fueled the increase with sales that were up in the U.S. and Canada by 45% to $7.21 billion. Profits grew at a slower pace with fourth quarter net income up 8% to $416 million and full year profits up 28% to $1.15 billion.