Read as much as you want on BostonGlobe.com, anywhere and anytime, for just 99¢.

MARKET MOVERS

Demand for Kindle lifts Amazon shares

Mark Lennihan/Associated Press File

The Kindle Fire tablet was introduced last November and rocketed to number two in the market behind the iPad, according to IDC.

Continue reading below

Amazon.com Inc., the world’s largest Internet retailer, beat analysts’ first-quarter revenue and earnings estimates on buoyant demand for Kindle devices and e-commerce services for outside vendors. Net income was $130 million, or 28 cents a share, vs. $201 million, or 44 cents, a year earlier. Amazon aims to add customers by pouring money into new versions of the Kindle and warehouses equipped to send out products faster.

Loading comments...
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com