Amazon’s fourth quarter 2014 net sales reached $29.33 billion, a 15 percent increase compared to the $25.59 billion net sales the company reported in the fourth quarter 2013.
The company released its financial results for its 2014 fourth quarter, as well as its full year today. The company’s net sales were $88.99 billion, a 20 percent increase from the $74.45 billion it earned in net sales in 2013. Here is more from the press release:
Operating income was $178 million, compared with operating income of $745 million in 2013. Net loss was $241 million, or $0.52 per diluted share, compared with net income of $274 million, or $0.59 per diluted share, in 2013.
“When we raised the price of Prime membership last year, we were confident that customers would continue to find it the best bargain in the history of shopping. The data is in and customers agree — on a base of tens of millions, worldwide paid membership grew 53% last year — 50% in the U.S. and even a bit faster outside the U.S.,” stated Jeff Bezos, founder and CEO of Amazon.com.
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