Thursday Midday Links: Kindle Too Restrictive for Library Use

Amazon announced its second quarter results on July 26, 2011.  Sales were up 51% but net income was down 8%.

This is consistent with Q1 where sales were up (38%) and net income was down 33%.  Amazon predicts that there will be an even greater reduction in operating income in Q3.

Amazon hasn't said what it is doing in regards to the tax issue.  More and more states are imposing taxes on online retailers.  According to this article, Amazon's tax free sales give it about a 10% pricing advantage...