Amazon.com’s sales up 20% in Q2

In the second quarter this year which ended June 30, 2013, Amazon.com’s sales rose over 20 percent on (y-o-y basis), reports say. Its net sales rose 22 percent (25 percent on a constant exchange rate basis) to $15.70 billion, as compared to the same period last year where it was at $12.83 billion, reports say.

The operating income dropped 26 percent to $79 million, from $107 million. Net loss valued $7 million, while in the same period last year there was a net income worth the same, reports say.

Net sales in North America rose to $9.5 million, from $7.3 million in the second quarter of 2012, while north American sales rose 28 percent, reports say. Sales of electronics and other merchandise, including fine jewelry, rose 33 percent in North America to $6.5 million, while year-to-date, sales for the said category were up 30 percent, to $12.6 million.