Congrats to Amazon for a Very Good Quarter

Net income increased 68% to $199 million in the third quarter, or $0.45 per diluted share, compared with net income of $118 million, or $0.27 per diluted share, in third quarter 2008.

Let’s see if I can sum this up quickly:

Net income increased 68% to $199 million in the third quarter, or $0.45 per diluted share, compared with net income of $118 million, or $0.27 per diluted share, in third quarter 2008.

That’s good. ┬áThere’s some adjustments made due to weaknesses of currency conversion, but the whole press release is good news for AMZ, my retailer of choice for as many things in my life as possible. ┬áThe Kindle must be doing very well for them.