Amazon.com, Inc.

News and overview for Amazon.com, Inc.

Amazing Deals Await Customers in Amazon Customers Vote [Press Release]
Business Wire | 2 days 2 hours 43 minutes ago
Amazon.com, Inc. (NASDAQ: AMZN) today announced the return of Amazon Customers Vote, offering customers the opportunity to vote on and purchase some of the hottest products of the season at ridiculously low prices. Now in its third year, the program is returning to its roots with a race-to-buy format that features six rounds and 18 total products. Customers can start voting now at www.amazon.com/customersvote for the products they want the opportunity to buy.


Yieldex Wins Second Annual Amazon Web Services Start-Up Challenge, Receives $100,000 in Cash and Services Credits Plus Investment Offer from Amazon.com [Press Release]
Business Wire | 2 days 10 hours 45 minutes ago
Amazon Web Services LLC, a subsidiary of Amazon.com, Inc. (NASDAQ:AMZN), today announced that Yieldex is the winner of the second annual Amazon Web Services Start-Up Challenge. Yieldex, a company providing forecasting for online advertising inventory, will receive $50,000 in cash, $50,000 in Amazon Web Service credits and an opportunity for an investment offer from Amazon.com. Today’s announcement at a celebration in Seattle capped off an exciting final round of the contest in which seven fin...


Amazon.com Books Recognizes Independent Publishers Group, Macmillan and Random House Publisher Services as Amazon Books Distributors of the Year [Press Release]
Business Wire | 3 days 5 hours 43 minutes ago
Amazon.com, Inc. today announced Independent Publishers Group, Macmillan and Random House Publisher Services as Amazon Books Distributors of the Year. The distributors are being recognized for their exemplary work in helping Amazon.com build a world-class customer experience through operational excellence on behalf of their client publishers.


Amazon Web Services Launches Amazon CloudFront, a Self-Service, Pay-as-You-Go Content Delivery Service [Press Release]
Business Wire | 5 days 9 hours 25 minutes ago
Amazon Web Services LLC (AWS), a subsidiary of Amazon.com, Inc. (NASDAQ: AMZN), today launched Amazon CloudFront, a self-service, pay-as-you-go web service for content delivery. With CloudFront, developers and businesses can distribute content through a worldwide network of edge locations that provide low latency and high data transfer speeds. CloudFront works seamlessly with other AWS services such as Amazon S3, and like all AWS services, is self-service with no up-front commitments, no long...


comScore Media Metrix Ranks Top 50 U.S. Web Properties for October 2008 [Press Release]
PRNewswire | 2 days 12 hours 40 minutes ago
RESTON, Va., Nov. 20 /PRNewswire-FirstCall/ -- comScore, Inc.


Corrections & Amplifications
Wall Street Journal, The | 2 days 10 hours 18 minutes ago
Former Federal Reserve governor Laurence Meyer projects that excluding the impact of potential fiscal stimulus and lower interest rates, output will contract at a 4% annualized rate in the fourth quarter and a 2% rate in the first quarter, and the jobless rate will exceed 8% by the end of 2009. An article in some editions Wednesday failed to note that the forecast excludes the impact of fiscal stimulus or rate cuts.Roberto Hernandez, a former employee of American Apparel Inc., handled account...


Late rally gives strong boost to tech sector - MarketWatch
MarketWatch | 1 day 9 hours 2 minutes ago
SAN FRANCISCO (MarketWatch) -- Technology stocks jumped in the final hour of trading Friday, following a broad market upswing that was sparked by reports that New York Federal Reserve President Timothy Geithner has been tapped serve as Treasury secretary by President-elect Barack Obama.


Amazon.com and Penguin Group (USA) Announce Second Annual Amazon Breakthrough Novel Award Competition [Press Release]
Business Wire | 10 days 2 hours 43 minutes ago
Amazon.com, Inc. (NASDAQ: AMZN) and Penguin Group (USA) (NYSE: PSO) today announced the second annual Amazon Breakthrough Novel Award, the international competition seeking the next popular novel. Writers around the world are encouraged to begin preparing their manuscripts for entry into the competition, which is scheduled to launch on Feb. 2, 2009.


PayPal to Offer Holiday Credit Lines
Wall Street Journal, The | 3 days 15 hours 14 minutes ago
At a time when money is tight, eBay Inc.'s PayPal unit plans to offer consumers credit lines for online holiday purchases in a bid to expand its online-payments business.Starting Friday, PayPal will test a service offering a line of online credit to several thousand active members. The service builds on eBay's $945 million purchase in October of deferred-payment service Bill Me Later Inc., which allows Web shoppers to delay payment as opposed to paying immediately.


Capgemini Brings Cloud Computing to the Enterprise with Amazon Web Services [Press Release]
Business Wire | 4 days 20 hours 56 minutes ago
Capgemini, one of the world's foremost providers of consulting, technology and outsourcing services, today announced an agreement with Amazon Web Services, a subsidiary of Amazon.com (NASDAQ: AMZN), extending its Outsourcing portfolio with Cloud Computing services. Capgemini’s new Center of Excellence, focused on cloud computing and Amazon Web Services, will help its global enterprise clients take full advantage of integrating cloud computing into their IT and business strategy. Capgemini’s C...


PopCap's Bejeweled Twist(TM) Arriving on Retail Shelves Today in Historic Quantities [Press Release]
PRNewswire | 4 days 20 hours 43 minutes ago
SEATTLE, Nov. 18 /PRNewswire/ -- PopCap Games, the leading developer and publisher of casual games, announced that its latest hit PC game Bejeweled Twist(TM) is arriving on store shelves today -- in quantities far greater than any previous PC casual game. Carrying a suggested retail price of US$19.95, Bejeweled Twist can be found nationwide on the shelves of Best Buy, Wal-Mart, Target and Amazon.com, among other retail chains. With tremendous marketing and point-of-sales support from reta...


Music Lovers Have a New Way to Shop and Discover on Amazon.com with Over 100,000 New Artist Stores [Press Release]
Business Wire | 6 days 5 hours 43 minutes ago
To help customers more easily discover music in any format, Amazon.com, Inc. (NASDAQ:AMZN) today launched over 100,000 new artist stores (www.amazon.com/artiststores). The stores feature comprehensive artist content, including full album discographies, CDs, DRM-free MP3s and vinyl catalog selection along with community features like artist images, artist biographies and related products – all in one place. To celebrate the launch of the artist stores and Amazon Music’s 10th anniversary, Amazo...


Research and Markets: Music & Video in France Report Includes a Five Year Forecast of the Industry and Incorporates In-Depth Five Forces Competitive Environment Analysis and Scorecards [Press Release]
Business Wire | 2 days 5 hours 31 minutes ago
Research and Markets (http://www.researchandmarkets.com/research/cada80/music_video_in_f) has announced the addition of the "Music & Video in France" report to their offering.


EnviroResolutions Featured in The Green Stocks Investment Book [Press Release]
Business Wire | 3 days 16 minutes ago
EnviroResolutions, Inc., a publicly traded company on the pink sheets (ENVI), is proud to announce its inclusion as one of 20 earth friendly companies featured in “The Green Stocks Investment Book” by Michael Caldwell. The hardcover book profiles companies whose development of products and technologies will play a leading role in fighting climate change and establishing environmentally sustainable solutions as part of the “Green Revolution.” The contribution of each company is described in de...


Ernst & Young Names Red Hat's Matthew Szulik Overall National Winner for Entrepreneur of the Year 2008 Award [Press Release]
Business Wire | 5 days 45 minutes ago
Red Hat, Inc. (NYSE: RHT), the world’s leading provider of open source solutions, today announced that Matthew Szulik, Chairman of the Board, has been awarded overall national winner for Ernst & Young Entrepreneur of the Year 2008. This prestigious honor serves as a testament to Szulik's drive and commitment to revolutionizing the enterprise software market through the open source business model.





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Company Overview


Company: Amazon.com, Inc.
Industry: Music, Video, Book & Entertainment Retail
Website: http://www.amazon.com

What started as Earth's biggest bookstore has rapidly become Earth's biggest anything store. Expansion has propelled Amazon.com in innumerable directions. The firm's main Web site offers millions of books, music, DVDs, and videos (which still account for the majority, more than 60%, of the firm's sales), not to mention auto parts, toys, tools, electronics, home furnishings, apparel, health and beauty aids, prescription drugs, groceries, and services including film processing. Long a model for Internet companies that put market share ahead of profits, Amazon.com also made acquisitions funded by meteoric market capitalization and is now focused on profits. Founder Jeff Bezos owns about 24% of the firm.


Key Numbers

Sales in U.S. Dollars (mil.) 14,835 (2007)
One-year % Growth in Sales 38.5 (2007)
Net Income in U.S. Dollars (mil.) 476 (2007)
One-year % Growth in Net Income 150.5 (2007)
Number of Employees 17,000 (2007)
One-year % Growth in Number of Employees 22.3 (2007)
Fiscal Year-End December