Of book and related products and sales in North America.ĭuring the quarter, media sales represented 68% of consolidated sales,ĭown from 71% in the same period last year while 'electronics and other

Non-book sales and sales outside North America grew faster than sales In after-market trading, Amazon dropped 12% to $29.50 a share, a three-year low.Īlthough the company provided pages of information, as usual it isĭifficult to measure book sales, which are lumped together with musicĪnd movies and more under 'media.' Still some trends continued: Investments 'position us to innovate in seller platforms, Web services

Technology and Amazon Prime, which is not popular on Wall Streetīecause it cuts into margins, were continuing. Than $20 million fees after former partner Toys R Us won a suitĪlleging Amazon had violated an exclusivity deal relating to sellingįounder and CEO Jeff Bezos said that the company's investments in To $52 million in the second quarter of 2005. Unfavorable currency exchange rates were excluded, net sales would haveĭuring the same period, net income fell 57.7% to $22 million compared To $2.14 billion from $1.75 billion in the same period last year. In the second quarter ended June 30, net sales at grew 22% PublicAffairs as well as a Perseus sales rep. Before going to Bear Stearns, Bracco hadīeen director of sales operations at Perseus, business manager at Replacing Black in his role as head of client services is Sabrinaīracco, who is rejoining the company from Bear Stearns as v-p, client This transition period and we wish him well.' Steve's experience, skill and knowledge have been very valuable during Relationships including Planeta, University of Michigan Press andĭistributed Art Publishers and helped us formalize the innovative CDSīooks publishing program by hiring Roger Cooper. In the past year, he helped develop important new client In a statement, Perseus CEO David Steinberger said, 'IĪppreciate the many contributions Steve made to CDS and to the Perseusīooks Group. That was bought last year by Perseus Books Group, is leaving theĬompany. Steve Black, president and co-founder of CDS, the distribution company

Maritcha by Tonya Bolden