Amazon Profits Soar Again, Despite Disappointing Sales

Although sales rose 29% in the third quarter (ended September 30) over the comparable period a year ago, investors had expected more rapid growth. Still, profits jumped to $2.9 billion, up from earnings of $256 million a year ago. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2018-10-24 00:00:00 UTC ]
News tagged with: #rapid growth #profits jumped #$256 million

Other Publishing stories related to: 'Amazon Profits Soar Again, Despite Disappointing Sales'


Quarto Profits Rose in 2020 Despite Sales Decline

The decision to focus its 2020 list on books that could perform well online, in nontraditional outlets, and in digital formats led to a 6% increase in operating profits at Quarto last year, while revenue declined 7%, to $126.9 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-03-22 04:00:00 UTC ]
More news stories like this | News stories tagged with: #sales decline #6% increase #operating profits #quarto


Unit Sales of Print Books Soared 36.5% Last Week

Though unit sales began softening a bit at this time last year because of the early impact of the pandemic, the spike in sales last week was mainly due to the continued demand for print books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-03-18 04:00:00 UTC ]
More news stories like this | News stories tagged with: #print books


Print Unit Sales Soar in Mid-January

With all major categories posting huge gains, unit sales of print books jumped 22.7% for the week ended Jan. 16, 2021, over the comparable week in 2020, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-01-22 05:00:00 UTC ]
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Sales, Earnings Soared at EDC in Q3

Revenue in Educational Development Corp.'s direct sales division jumped 68.4% in the third quarter ended November 30, 2020, leading to a 63.5% increase in total sales for the publisher. Net income rose 63.5% over last year's third quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-01-14 05:00:00 UTC ]
More news stories like this | News stories tagged with: #total sales #earnings soared #5% increase


Egmont UK saw 2019 revenue dip but posted profit ahead of HarperCollins sale

Egmont UK's 2019 revenue decreased 8.9% to £37.9m but the publisher had a £369,000 pre-tax profit in the financial year before the book business was bought by HarperCollins, new figures uploaded to Companies House show. Continue reading at The Bookseller

[ The Bookseller | 2021-01-08 08:40:13 UTC ]
More news stories like this | News stories tagged with: #egmont uk #financial year #book business #egmont #harpercollins


Print Unit Sales Soared Last Week

Holiday book buying kicked into high gear last week, with unit sales of print books jumping 44.3% over the week ended November 29, 2020, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-12-10 05:00:00 UTC ]
More news stories like this | News stories tagged with: #high gear


Amazon's Kindle drops to $60 again in Black Friday sale

You can now start shopping for Black Friday deals on Amazon devices, and one of the first models you can get at a discount is the company’s Kindle e-reader. The latest version of the company’s basic e-reader is now on sale for $60, down $30 from its... Continue reading at Engadget

[ Engadget | 2020-11-20 11:45:42 UTC ]
More news stories like this | News stories tagged with: #amazon devices #kindle e-reader #latest version #kindle


Amazon's Kindle Paperwhite is on sale for only $80 for Prime Day

It’s Amazon Prime Day, so unsurprisingly the company’s own hardware is on sale. One of the more noteworthy deals is on Amazon’s Kindle Paperwhite, which is selling for $80, down from the usual $130. The Kindle Paperwhite has been our favorite e-reade... Continue reading at Engadget

[ Engadget | 2020-10-13 10:00:23 UTC ]
More news stories like this | News stories tagged with: #kindle paperwhite #prime day #usual $130 #kindle


S&S Posts Q2 Profit Gain Despite Sales Decline

Lower production and distribution costs were enough to give Simon & Schuster a 9% increase in earnings in the second quarter, despite an 8% drop in sales. Digital revenue jumped 44% in the quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-08-06 04:00:00 UTC ]
More news stories like this | News stories tagged with: #sales decline #distribution costs #9% increase #8% drop


Amazon Charts: Stephen Hawking soars into the stratosphere

Stephen Hawking's Brief Answers to the Big Questions (John Murray) has rocketed to the top of the Amazon Charts' Most-Sold: Non-Fiction chart, as Val McDermid's A Place of Execution (HarperCollins) cleaved into the Most-Sold: Fiction number one. Continue reading at The Bookseller

[ The Bookseller | 2020-08-04 16:57:32 UTC ]
More news stories like this | News stories tagged with: #amazon charts #stephen hawking #non-fiction chart #val mcdermid #fiction number


Sales Soar for 'Too Much,' But Total Units Fell Last Week

Mary Trump's 'Too Much and Never Enough' sold nearly 406,000 print copies last week, but total unit sales fell 2.8% compared to the week ended July 18 at outlets that report to BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-07-30 04:00:00 UTC ]
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Amazon Charts: Why I'm No Longer Talking to White People about Race soars to top

Reni Eddo-Lodge's Why I'm No Longer Talking to White People about Race (Bloomsbury) has rocketed straight into the Amazon Charts' Most-Sold: Non-Fiction number one spot in its first week in the chart. Continue reading at The Bookseller

[ The Bookseller | 2020-06-03 00:35:29 UTC ]
More news stories like this | News stories tagged with: #amazon charts #longer talking #white people #reni eddo-lodge #race bloomsbury #non-fiction number


Amazon sale drops the price of a Kindle to $60

Need an e-reader to get through pandemic lockdowns? Now’s a good time to get one. Amazon is running a sale on the standard Kindle that drops the price of the Special Offers version to $60, or $30 below its usual price. That’s similar to historic lows... Continue reading at Engadget

[ Engadget | 2020-05-25 15:30:13 UTC ]
More news stories like this | News stories tagged with: #usual price #standard kindle #pandemic lockdowns #good time #historic lows #kindle


In Q1, Sales Rose 26% at Amazon as It Works to Improve Shipping Times

Sales increased to $75.5 billion in the second quarter at Amazon, even as it acknowledged that the surge in demand forced it to prioritize essential items such as household staples and "dampened demand" for non-essential products. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-05-01 04:00:00 UTC ]
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Sales soar 2,000% for Little Princess picture book on handwashing

Parents keen to encourage children into good hygiene practices during the coronavirus outbreak turn to Tony Ross’s anarchic creation for helpParents desperate to persuade their children to keep washing their hands have been turning to Tony Ross’s anarchic creation the Little Princess for help,... Continue reading at The Guardian

[ The Guardian | 2020-03-23 12:31:25 UTC ]
More news stories like this | News stories tagged with: #encourage children #tony ross #coronavirus outbreak #children’s book #picture book


Amazon Deprioritizes Book Sales Amid Coronavirus Crisis

As it works to meet the surge in demand for "household staples, medical supplies, and other high demand products," Amazon has sent a letter to other suppliers, including publishers, telling them their goods will receive a low priority until at least April 5. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-17 04:00:00 UTC ]
More news stories like this | News stories tagged with: #household staples #medical supplies #including publishers


Amazon claims Kindle sales boost in 2019

Kindle sales increased "again in 2019 thanks to independent publishing, Unlimited subscriptions and Amazon Publishing", the company claims. Continue reading at The Bookseller

[ The Bookseller | 2019-12-24 00:23:43 UTC ]
More news stories like this | News stories tagged with: #independent publishing #amazon publishing #company claims #kindle


Amazon Reports Record Early Holiday Sales

Led by such categories and toys and fashion, Amazon had record sales between Thanksgiving and Cyber Monday. One book managed to make it onto the company's top-selling items over the period. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-12-03 05:00:00 UTC ]
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S&S Squeezes Out a Q3 Profit Despite Sales Decline

Profits rose by $1 million at Simon & Schuster in the third quarter of 2019 over the comparable period in 2018, despite a 9% drop in sales. In last year's third quarter, Bob Woodward's 'Fear' drove strong sales for the publisher. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-11-12 05:00:00 UTC ]
More news stories like this | News stories tagged with: #sales decline #profits rose #$1 million #simon schuster #9% drop #bob woodward


Amazon's Fire tablets and Kindles are on sale for everyone

Last month, Amazon introduced some hefty discounts on its Fire tablets and Kindle e-readers, but those discounts were only available to Prime subscribers. Now, the company has made those savings available to all customers in the US, with up to $40 of... Continue reading at Engadget

[ Engadget | 2019-10-21 12:02:00 UTC ]
More news stories like this | News stories tagged with: #amazon introduced #fire tablets #kindle e-readers #prime subscribers #kindle