Amazon.com Reports 4Q'12 Results

Amazon.com (AMZN) spiked to a new 52-week/all-time high of $284.79 after the company reported 4Q'12 results. I wasn't going to blog about this, but today I found the following Minyanville.com headline interesting: "Like Keith Richards, Amazon Can't Be Killed by Conventional Weapons".

I've written about this before, but I like the way Amazon.com reports quarterly results. First comes cash flow, followed by shares outstanding, then sales, and lastly income.

Here is what CEO/founder Jeff Bezos said in the 4Q'12 press release.

"We’re now seeing the transition we’ve been expecting. After 5 years, eBooks is a multi-billion dollar category for us and growing fast – up approximately 70% last year. In contrast, our physical book sales experienced the lowest December growth rate in our 17 years as a book seller, up just 5%. We're excited and very grateful to our customers for their response to Kindle and our ever expanding ecosystem and selection."

Today (02013.01.30) Amazon.com announced they are establishing three fulfillment centers in Texas that will initially create 1,000 jobs.

AMZN closed yesterday (02013.01.29) at $260.35. 52-week range: $172.00 - $284.72.