Amazon's M-Commerce Sales Top $1 Billion

In its latest earnings report, Amazon briefly mentioned a rather startling figure: "In the last twelve 12 months, customers around the world have ordered more than $1 billion of products from Amazon using a mobile device." The knocks against M-Commerce investment has have been that it's too early, that there are too few actual customers using it, that there are too few smartphones, and that consumers are using it to search and price-compare, but to not to actually buy.

Those who have resisted M-Commerce have said that screen-sizes are never going to compete with desktop machines and that the revenues M-Commerce will realistically deliver in the near-time could never cover investment costs. With one offhand remark, though, Amazon simply obliterates those arguments one billion times over.