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John Seely Brown Elected to Amazon.com Board of Directors | /news/news-details/2004/John-Seely-Brown-Elected-to-Amazon.com-Board-of-Directors/default.aspx | John-Seely-Brown-Elected-to-Amazon.com-Board-of-Directors | 4,746 | 06/30/2004 00:00:00 | John Seely Brown Elected to Amazon.com Board of Directors | 06/30/2004 | 2004 | SEATTLE--(BUSINESS WIRE)--June 30, 2004--John Seely Brown, formerly the Chief Scientist of Xerox Corporation and director of the Xerox Palo Alto Research Center (PARC) has been elected to serve on Amazon.com's (Nasdaq:AMZN) board of directors. He is currently a visiting scholar at the Annenberg Center for Communication at the University of Southern California.
Brown becomes the eighth board member and seventh independent member to sit on Amazon.com's board of directors.
"John is one of the most innovative thinkers when it comes to the application of technology and its impact on the individual," said Jeff Bezos, founder and CEO of Amazon.com. "His pioneering work in the fields of organizational learning, complex adaptive systems, and ubiquitous computing make him an outstanding addition to our board."
"One of the things that I've always admired about Amazon.com is the way it puts the customer at the center of innovation," said Brown. "Amazon is constantly introducing new features and services designed to make their customers' lives easier, and I'm very pleased to be joining its board of directors."
Brown received a BA in mathematics from Brown University and a PhD from the University of Michigan in computer and communication sciences. He is a Trustee of Brown University and the MacArthur Foundation, and serves on the boards of directors for Corning, Varian Medical Systems and Polycom Worldwide, as well as on numerous advisory boards. He has published over 100 papers in scientific journals and is the author two books, Seeing Differently: Insights on Information, and The Social Life of Information.
About Amazon.com
Amazon.com, a Fortune 500 company based in Seattle, opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and sellers list millions of unique new and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, kids and baby and home and garden.
Amazon.com operates six Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp and www.amazon.ca.
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, commercial agreements and strategic alliances, seasonality, potential fluctuations in operating results and rate of growth, foreign exchange rates, management of potential growth, system interruption, international expansion, consumer trends, inventory, fulfillment center optimization, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2003, and all subsequent filings.
CONTACT: Amazon.com Public Relations
Patty Smith, 206-266-7180
SOURCE: Amazon.com | <p>SEATTLE--(BUSINESS WIRE)--June 30, 2004--John Seely Brown, formerly the Chief Scientist of Xerox Corporation and director of the Xerox Palo Alto Research Center (PARC) has been elected to serve on Amazon.com's (Nasdaq:AMZN) board of directors. He is currently a visiting scholar at the Annenberg Center for Communication at the University of Southern California.</p><p>Brown becomes the eighth board member and seventh independent member to sit on Amazon.com's board of directors.</p><p>"John is one of the most innovative thinkers when it comes to the application of technology and its impact on the individual," said Jeff Bezos, founder and CEO of Amazon.com. "His pioneering work in the fields of organizational learning, complex adaptive systems, and ubiquitous computing make him an outstanding addition to our board."</p><p>"One of the things that I've always admired about Amazon.com is the way it puts the customer at the center of innovation," said Brown. "Amazon is constantly introducing new features and services designed to make their customers' lives easier, and I'm very pleased to be joining its board of directors."</p><p>Brown received a BA in mathematics from Brown University and a PhD from the University of Michigan in computer and communication sciences. He is a Trustee of Brown University and the MacArthur Foundation, and serves on the boards of directors for Corning, Varian Medical Systems and Polycom Worldwide, as well as on numerous advisory boards. He has published over 100 papers in scientific journals and is the author two books, Seeing Differently: Insights on Information, and The Social Life of Information.</p><p>About Amazon.com</p><p>Amazon.com, a Fortune 500 company based in Seattle, opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and sellers list millions of unique new and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, kids and baby and home and garden.</p><p>Amazon.com operates six Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp and www.amazon.ca.</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, commercial agreements and strategic alliances, seasonality, potential fluctuations in operating results and rate of growth, foreign exchange rates, management of potential growth, system interruption, international expansion, consumer trends, inventory, fulfillment center optimization, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2003, and all subsequent filings.</p><pre>CONTACT: Amazon.com Public Relations Patty Smith, 206-266-7180SOURCE: Amazon.com</pre> |
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Francis Ford Coppola Releases Short Video in Support of His Lost Classic, ``One from the Heart,'' Exclusively on Amazon.com | /news/news-details/2004/Francis-Ford-Coppola-Releases-Short-Video-in-Support-of-His-Lost-Classic-One-from-the-Heart-Exclusively-on-Amazon.com/default.aspx | Francis-Ford-Coppola-Releases-Short-Video-in-Support-of-His-Lost-Classic-One-from-the-Heart-Exclusively-on-Amazon.com | 4,747 | 02/04/2004 08:03:00 | Francis Ford Coppola Releases Short Video in Support of His Lost Classic, ``One from the Heart,'' Exclusively on Amazon.com | 02/04/2004 | 2004 | Legendary Director Teams with Amazon.com to Debut Exclusive Video, Hoping the Film It Supports "Will at Last Find an Audience" via the Global Online Retailer
SEATTLE--Feb. 4, 2004-- American Zoetrope and Amazon.com (Nasdaq:AMZN) today announced the debut of a short video, available exclusively on Amazon.com, which features rare footage and commentary by Francis Ford Coppola about the making of his 1982 feature film, "One from the Heart," starring Teri Garr, Frederic Forrest, Raul Julia and Nastassia Kinski. In the video, Coppola also discusses the making of the film's Oscar(R) nominated soundtrack which was composed by Tom Waits and performed by Tom Waits and Crystal Gayle.
"One from the Heart," which opened to mixed reviews more than two decades ago and was subsequently pulled from theaters by Francis Ford Coppola, was re-released by his new "American Zoetrope DVD" label on January 27 as a two-disc Special Edition DVD. "The problem we always had with 'One from the Heart' was overcoming all of the bad press and premature criticism that we endured before the film was finished -- which was filtered through the entertainment media," said Francis Ford Coppola.
The Amazon.com video, which Francis Ford Coppola supervised, contains footage of Coppola speaking to Amazon.com customers about the making of "One from the Heart" as well as scenes he personally selected as highlights from the more than six hours of bonus material currently available on the just released DVD. No purchase is necessary to view the Francis Ford Coppola content exclusive, which is available beginning today as a video stream at: www.amazon.com/dvd.
"During the filming of 'One from the Heart' in 1981, we built ourselves a new kind of film studio, availing ourselves of some of the new equipment that was just emerging, including networked personal computers. We coined the term 'the Electronic Cinema' to describe what we were aiming for," said Francis Ford Coppola. "It seems appropriate to me now that we can take advantage of some of the fabulous technology available today, like the Internet and Amazon.com, to reach out directly to the public. Perhaps the film will at last find an audience."
"Amazon.com is dedicated to offering our customers both vast selection and detailed product information," said Bill Carr, Amazon.com's director of Books, Music, Video, and DVD. "We are delighted to team with Mr. Coppola to make his labor of love widely available to our millions of customers around the world. The video short Mr. Coppola created for Amazon.com customers provides truly unique and interesting insight into the eclectic history of this film."
An additional short clip is also available exclusively at Amazon.com in which Francis Ford Coppola explains his unusual choice to use the classic "Academy" aspect ratio of 1.33:1. In the video exclusive, he explains that the format, which offers a film frame that is more square than modern "widescreen" films, was chosen as an homage to the great filmed musicals of the 1930s and 1940s.
The "One from the Heart" two-disc special edition DVD, which was produced and distributed by American Zoetrope, is available at Amazon.com for $22.46, a 25% discount. The newly released and expanded soundtrack, which features two previously unavailable Tom Waits songs, liner notes written by Francis Ford Coppola and other bonus extras, is also available at Amazon.com for $10.99.
About "One from the Heart"
"One from the Heart" is a musical fantasy and offbeat love story set amidst the glitter of Las Vegas. It stars Teri Garr, Frederic Forrest, the late Raul Julia, Nastassia Kinski, Lainie Kazan and Harry Dean Stanton. The two-disc Special Edition DVD features a brand-new (2003) high definition transfer from the original camera negative supervised by Academy Award-winning cinematographer Vittorio Storaro. The DVD also features the new documentary "Tom Waits and the Music of One from the Heart" and is available on the new "American Zoetrope DVD" label (distributed by Fantoma).
More information on the film, including photos and video clips can be viewed at: www.onefromtheheartmovie.com
In conjunction with the release, a newly remastered expanded edition of the soundtrack album -- featuring two previously unreleased bonus tracks and a newly created music video conceived by Coppola's late son Gian-Carlo -- arrived in stores January 27 on Columbia/ Legacy/Sony Music Soundtrax, a division of Sony Music.
About Amazon.com
Amazon.com, a Fortune 500 company based in Seattle, opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and sellers list millions of unique new and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, kids and baby and home and garden.
Amazon.com operates six Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp and www.amazon.ca.
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, commercial agreements and strategic alliances, seasonality, potential fluctuations in operating results and rate of growth, foreign exchange rates, management of potential growth, system interruption, international expansion, consumer trends, inventory, fulfillment center optimization, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2002, and all subsequent filings. | <p>Legendary Director Teams with Amazon.com to Debut Exclusive Video, Hoping the Film It Supports "Will at Last Find an Audience" via the Global Online Retailer</p><p>SEATTLE--Feb. 4, 2004-- American Zoetrope and Amazon.com (Nasdaq:AMZN) today announced the debut of a short video, available exclusively on Amazon.com, which features rare footage and commentary by Francis Ford Coppola about the making of his 1982 feature film, "One from the Heart," starring Teri Garr, Frederic Forrest, Raul Julia and Nastassia Kinski. In the video, Coppola also discusses the making of the film's Oscar(R) nominated soundtrack which was composed by Tom Waits and performed by Tom Waits and Crystal Gayle.</p><p>"One from the Heart," which opened to mixed reviews more than two decades ago and was subsequently pulled from theaters by Francis Ford Coppola, was re-released by his new "American Zoetrope DVD" label on January 27 as a two-disc Special Edition DVD. "The problem we always had with 'One from the Heart' was overcoming all of the bad press and premature criticism that we endured before the film was finished -- which was filtered through the entertainment media," said Francis Ford Coppola.</p><p>The Amazon.com video, which Francis Ford Coppola supervised, contains footage of Coppola speaking to Amazon.com customers about the making of "One from the Heart" as well as scenes he personally selected as highlights from the more than six hours of bonus material currently available on the just released DVD. No purchase is necessary to view the Francis Ford Coppola content exclusive, which is available beginning today as a video stream at: www.amazon.com/dvd.</p><p>"During the filming of 'One from the Heart' in 1981, we built ourselves a new kind of film studio, availing ourselves of some of the new equipment that was just emerging, including networked personal computers. We coined the term 'the Electronic Cinema' to describe what we were aiming for," said Francis Ford Coppola. "It seems appropriate to me now that we can take advantage of some of the fabulous technology available today, like the Internet and Amazon.com, to reach out directly to the public. Perhaps the film will at last find an audience."</p><p>"Amazon.com is dedicated to offering our customers both vast selection and detailed product information," said Bill Carr, Amazon.com's director of Books, Music, Video, and DVD. "We are delighted to team with Mr. Coppola to make his labor of love widely available to our millions of customers around the world. The video short Mr. Coppola created for Amazon.com customers provides truly unique and interesting insight into the eclectic history of this film."</p><p>An additional short clip is also available exclusively at Amazon.com in which Francis Ford Coppola explains his unusual choice to use the classic "Academy" aspect ratio of 1.33:1. In the video exclusive, he explains that the format, which offers a film frame that is more square than modern "widescreen" films, was chosen as an homage to the great filmed musicals of the 1930s and 1940s.</p><p>The "One from the Heart" two-disc special edition DVD, which was produced and distributed by American Zoetrope, is available at Amazon.com for $22.46, a 25% discount. The newly released and expanded soundtrack, which features two previously unavailable Tom Waits songs, liner notes written by Francis Ford Coppola and other bonus extras, is also available at Amazon.com for $10.99.</p><p>About "One from the Heart"</p><p>"One from the Heart" is a musical fantasy and offbeat love story set amidst the glitter of Las Vegas. It stars Teri Garr, Frederic Forrest, the late Raul Julia, Nastassia Kinski, Lainie Kazan and Harry Dean Stanton. The two-disc Special Edition DVD features a brand-new (2003) high definition transfer from the original camera negative supervised by Academy Award-winning cinematographer Vittorio Storaro. The DVD also features the new documentary "Tom Waits and the Music of One from the Heart" and is available on the new "American Zoetrope DVD" label (distributed by Fantoma).</p><p>More information on the film, including photos and video clips can be viewed at: www.onefromtheheartmovie.com</p><p>In conjunction with the release, a newly remastered expanded edition of the soundtrack album -- featuring two previously unreleased bonus tracks and a newly created music video conceived by Coppola's late son Gian-Carlo -- arrived in stores January 27 on Columbia/ Legacy/Sony Music Soundtrax, a division of Sony Music.</p><p>About Amazon.com</p><p>Amazon.com, a Fortune 500 company based in Seattle, opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and sellers list millions of unique new and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, kids and baby and home and garden.</p><p>Amazon.com operates six Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp and www.amazon.ca.</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, commercial agreements and strategic alliances, seasonality, potential fluctuations in operating results and rate of growth, foreign exchange rates, management of potential growth, system interruption, international expansion, consumer trends, inventory, fulfillment center optimization, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2002, and all subsequent filings.</p> |
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Amazon.com to Webcast Second Quarter 2004 Financial Results Conference Call | /news/news-details/2004/Amazon.com-to-Webcast-Second-Quarter-2004-Financial-Results-Conference-Call/default.aspx | Amazon.com-to-Webcast-Second-Quarter-2004-Financial-Results-Conference-Call | 4,748 | 06/25/2004 00:00:00 | Amazon.com to Webcast Second Quarter 2004 Financial Results Conference Call | 06/25/2004 | 2004 | SEATTLE, Jun 25, 2004-- Amazon.com, Inc. (Nasdaq:AMZN) announced today that it will hold a conference call to discuss its second quarter 2004 financial results on July 22, 2004, at 2:00 p.m. PT/5:00 p.m. ET.
The event will be webcast live, and the audio and associated slides will be available for at least three months thereafter, at www.amazon.com/ir.
SOURCE: Amazon.com, Inc. | <p>SEATTLE, Jun 25, 2004-- Amazon.com, Inc. (Nasdaq:AMZN) announced today that it will hold a conference call to discuss its second quarter 2004 financial results on July 22, 2004, at 2:00 p.m. PT/5:00 p.m. ET.</p><p>The event will be webcast live, and the audio and associated slides will be available for at least three months thereafter, at www.amazon.com/ir.</p><p>SOURCE: Amazon.com, Inc.</p> |
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Amazon.com Offers Exclusive, Advance Look at Full-Length Scene from Upcoming Theatrical Release "The Notebook'' | /news/news-details/2004/Amazon.com-Offers-Exclusive-Advance-Look-at-Full-Length-Scene-from-Upcoming-Theatrical-Release-The-Notebook/default.aspx | Amazon.com-Offers-Exclusive-Advance-Look-at-Full-Length-Scene-from-Upcoming-Theatrical-Release-The-Notebook | 4,749 | 06/16/2004 00:00:00 | Amazon.com Offers Exclusive, Advance Look at Full-Length Scene from Upcoming Theatrical Release "The Notebook'' | 06/16/2004 | 2004 | Author Nicholas Sparks Discusses Film in Exclusive Essay for Amazon Customers
SEATTLE--June 16, 2004-- Amazon.com LLC, an Amazon.com company (Nasdaq:AMZN), today announced that, 10 days before its nationwide theatrical release, visitors can now view an exclusive full-length scene from the New Line film "The Notebook," which is based on Nicholas Sparks' bestselling novel of the same name. The scene is illuminated by an original essay penned by Sparks exclusively for Amazon customers. No purchase is required to view the film scene or read the essay, both of which can be easily accessed at www.amazon.com/thenotebook.
"The Notebook" opens in theaters nationwide on June 25, and was adapted from Sparks' first novel, published in 1996. In his essay for Amazon customers, Sparks discusses the process of having his work adapted for film, explains why he selected this particular scene for Amazon customers, and shares the significance of the scene to "The Notebook" storyline as well as his other novels.
"New Line Cinema did an artful job of adapting 'The Notebook' for film, which is always a great complement for an author," said Nicholas Sparks, bestselling author of the "The Notebook." "With millions of customers worldwide who are passionate about books and film, Amazon offers a unique opportunity to share one of my favorite scenes from the film with lovers of the novel and discuss the relationship between the two mediums."
"Nicholas Sparks is continually one of our customers' favorite authors, and Amazon is thrilled to share this exclusive opportunity with his fans," said Brad Parsons, senior book editor for Amazon. "Rarely do readers have such intimate access to the challenges of adapting a book into a film. Sparks' insight and candor in setting up the exclusive film clip is refreshing."
A New Line Cinema film, "The Notebook" cast includes James Garner, Gena Rowlands, Ryan Gosling, Rachel McAdams, and Sam Shepard. The exclusive clip viewable on Amazon features Shepard and Gosling, whose characters are father and son, in a touching scene that provides viewers with significant insight into both characters.
"We are thrilled to work with Amazon on this project and believe it is the perfect venue to showcase 'The Notebook,' as well as offer this unique look at what Nicholas Sparks has to say about his book coming to the big screen," said Holly Westhoff, executive director of retail marketing for New Line Cinema.
Published in 1996, "The Notebook" is set in coastal North Carolina in 1946. The book tells the heartrending story of Noah Calhoun and Allie Nelson, who fall in love one summer as teenagers and do not meet again for 14 years, at which time they realize their passion for each other has not waned despite the different path their lives have taken. Sparks based the novel on the lives of his wife's grandparents.
To read the essay and view the exclusive full-length scene, as well as explore other novels by Nicholas Sparks, go to www.amazon.com/thenotebook or visit Amazon's Books store (www.amazon.com/books).
About New Line Cinema Corporation
New Line Cinema is the oldest and most successful independent film company in the world. In addition to the production, marketing and distribution of theatrical motion pictures, the fully-integrated studio has divisions devoted to home entertainment, television, music, theater, licensing, merchandising and international marketing and distribution. New Line is a pioneer in franchise filmmaking, and its Oscar-winning The Lord of the Rings trilogy is the most successful film franchise in history. Together with its subsidiary, Fine Line Features, New Line is a unit of Time Warner.
About Amazon.com
Amazon.com, a Fortune 500 company based in Seattle, opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and sellers offer millions of unique new and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, kids and baby, and home and garden.
Amazon operates six Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp and www.amazon.ca.
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, commercial agreements and strategic alliances, seasonality, potential fluctuations in operating results and rate of growth, foreign exchange rates, management of potential growth, system interruption, international expansion, consumer trends, inventory, fulfillment center optimization, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2003, and all subsequent filings. | <p>Author Nicholas Sparks Discusses Film in Exclusive Essay for Amazon Customers</p><p>SEATTLE--June 16, 2004-- Amazon.com LLC, an Amazon.com company (Nasdaq:AMZN), today announced that, 10 days before its nationwide theatrical release, visitors can now view an exclusive full-length scene from the New Line film "The Notebook," which is based on Nicholas Sparks' bestselling novel of the same name. The scene is illuminated by an original essay penned by Sparks exclusively for Amazon customers. No purchase is required to view the film scene or read the essay, both of which can be easily accessed at www.amazon.com/thenotebook.</p><p>"The Notebook" opens in theaters nationwide on June 25, and was adapted from Sparks' first novel, published in 1996. In his essay for Amazon customers, Sparks discusses the process of having his work adapted for film, explains why he selected this particular scene for Amazon customers, and shares the significance of the scene to "The Notebook" storyline as well as his other novels.</p><p>"New Line Cinema did an artful job of adapting 'The Notebook' for film, which is always a great complement for an author," said Nicholas Sparks, bestselling author of the "The Notebook." "With millions of customers worldwide who are passionate about books and film, Amazon offers a unique opportunity to share one of my favorite scenes from the film with lovers of the novel and discuss the relationship between the two mediums."</p><p>"Nicholas Sparks is continually one of our customers' favorite authors, and Amazon is thrilled to share this exclusive opportunity with his fans," said Brad Parsons, senior book editor for Amazon. "Rarely do readers have such intimate access to the challenges of adapting a book into a film. Sparks' insight and candor in setting up the exclusive film clip is refreshing."</p><p>A New Line Cinema film, "The Notebook" cast includes James Garner, Gena Rowlands, Ryan Gosling, Rachel McAdams, and Sam Shepard. The exclusive clip viewable on Amazon features Shepard and Gosling, whose characters are father and son, in a touching scene that provides viewers with significant insight into both characters.</p><p>"We are thrilled to work with Amazon on this project and believe it is the perfect venue to showcase 'The Notebook,' as well as offer this unique look at what Nicholas Sparks has to say about his book coming to the big screen," said Holly Westhoff, executive director of retail marketing for New Line Cinema.</p><p>Published in 1996, "The Notebook" is set in coastal North Carolina in 1946. The book tells the heartrending story of Noah Calhoun and Allie Nelson, who fall in love one summer as teenagers and do not meet again for 14 years, at which time they realize their passion for each other has not waned despite the different path their lives have taken. Sparks based the novel on the lives of his wife's grandparents.</p><p>To read the essay and view the exclusive full-length scene, as well as explore other novels by Nicholas Sparks, go to www.amazon.com/thenotebook or visit Amazon's Books store (www.amazon.com/books).</p><p>About New Line Cinema Corporation</p><p>New Line Cinema is the oldest and most successful independent film company in the world. In addition to the production, marketing and distribution of theatrical motion pictures, the fully-integrated studio has divisions devoted to home entertainment, television, music, theater, licensing, merchandising and international marketing and distribution. New Line is a pioneer in franchise filmmaking, and its Oscar-winning The Lord of the Rings trilogy is the most successful film franchise in history. Together with its subsidiary, Fine Line Features, New Line is a unit of Time Warner.</p><p>About Amazon.com</p><p>Amazon.com, a Fortune 500 company based in Seattle, opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and sellers offer millions of unique new and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, kids and baby, and home and garden.</p><p>Amazon operates six Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp and www.amazon.ca.</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, commercial agreements and strategic alliances, seasonality, potential fluctuations in operating results and rate of growth, foreign exchange rates, management of potential growth, system interruption, international expansion, consumer trends, inventory, fulfillment center optimization, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2003, and all subsequent filings.</p> |
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Amazon.com Announces Partial Redemption of 4.75% Convertible Subordinated Notes | /news/news-details/2004/Amazon.com-Announces-Partial-Redemption-of-4.75-Convertible-Subordinated-Notes/default.aspx | Amazon.com-Announces-Partial-Redemption-of-4.75-Convertible-Subordinated-Notes | 4,750 | 01/27/2004 16:09:00 | Amazon.com Announces Partial Redemption of 4.75% Convertible Subordinated Notes | 01/27/2004 | 2004 | SEATTLE--Jan. 27, 2004--Amazon.com, Inc. (Nasdaq:AMZN) today announced that on February 26, 2004, it will redeem $150 million in principal amount of its outstanding 4.75% Convertible Subordinated Notes due 2009. The CUSIP numbers for the Notes are 023135AD8 and 023135AF3.
The Notes will be redeemed at a redemption price of 102.375% of the principal amount at maturity, plus accrued and unpaid interest from February 1 through February 25, 2004. The Notes to be redeemed will be selected by lot in accordance with the procedures of The Depository Trust Company, the registered holder of the Notes. After completion of the redemption of $150 million in principal amount of the Notes, there will be approximately $900 million aggregate principal amount of Notes outstanding.
The right to convert the Notes to be redeemed into common stock of Amazon.com will expire on February 25, 2004. The current conversion price for the Notes is $78.0275.
Copies of the notice of redemption may be obtained from The Bank of New York, the trustee and paying agent for the Notes, by calling Bondholder Relations at 1-800-254-2826.
About Amazon.com
Amazon.com, a Fortune 500 company based in Seattle, opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and sellers list millions of unique new and used items in categories such as health and personal care, jewelry and watches, gourmet food, sporting goods, apparel and accessories, books, music, DVDs, electronics and office, kids and baby and home and garden.
Amazon.com operates six Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp and www.amazon.ca.
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, commercial agreements and strategic alliances, seasonality, potential fluctuations in operating results and rate of growth, foreign exchange rates, management of potential growth, system interruption, international expansion, consumer trends, inventory, fulfillment center optimization, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2002, and all subsequent filings. | <p>SEATTLE--Jan. 27, 2004--Amazon.com, Inc. (Nasdaq:AMZN) today announced that on February 26, 2004, it will redeem $150 million in principal amount of its outstanding 4.75% Convertible Subordinated Notes due 2009. The CUSIP numbers for the Notes are 023135AD8 and 023135AF3.</p><p>The Notes will be redeemed at a redemption price of 102.375% of the principal amount at maturity, plus accrued and unpaid interest from February 1 through February 25, 2004. The Notes to be redeemed will be selected by lot in accordance with the procedures of The Depository Trust Company, the registered holder of the Notes. After completion of the redemption of $150 million in principal amount of the Notes, there will be approximately $900 million aggregate principal amount of Notes outstanding.</p><p>The right to convert the Notes to be redeemed into common stock of Amazon.com will expire on February 25, 2004. The current conversion price for the Notes is $78.0275.</p><p>Copies of the notice of redemption may be obtained from The Bank of New York, the trustee and paying agent for the Notes, by calling Bondholder Relations at 1-800-254-2826.</p><p>About Amazon.com</p><p>Amazon.com, a Fortune 500 company based in Seattle, opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and sellers list millions of unique new and used items in categories such as health and personal care, jewelry and watches, gourmet food, sporting goods, apparel and accessories, books, music, DVDs, electronics and office, kids and baby and home and garden.</p><p>Amazon.com operates six Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp and www.amazon.ca.</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, commercial agreements and strategic alliances, seasonality, potential fluctuations in operating results and rate of growth, foreign exchange rates, management of potential growth, system interruption, international expansion, consumer trends, inventory, fulfillment center optimization, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2002, and all subsequent filings.</p> |
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Beastie Boys Talk Exclusively to Amazon.com about Their New Album and Debut Rare Concert Performances | /news/news-details/2004/Beastie-Boys-Talk-Exclusively-to-Amazon.com-about-Their-New-Album-and-Debut-Rare-Concert-Performances/default.aspx | Beastie-Boys-Talk-Exclusively-to-Amazon.com-about-Their-New-Album-and-Debut-Rare-Concert-Performances | 4,751 | 06/02/2004 00:00:00 | Beastie Boys Talk Exclusively to Amazon.com about Their New Album and Debut Rare Concert Performances | 06/02/2004 | 2004 | SEATTLE--June 2, 2004--Amazon.com (Nasdaq:AMZN) today announced that in anticipation of the June 15 release of their long-awaited new album, "To The 5 Boroughs," Capitol Records recording artists, Beastie Boys, conducted an exclusive on-camera interview with Amazon.com music editor, Jason Verlinde. The interview and additional bonus material are available beginning today to music fans who pre-order the new album on Amazon.com.
The exclusive, 10 minute Amazon.com interview was conducted in New York City at Beastie Boys' downtown New York studio several weeks ago. Beastie Boys -- alternately sarcastic and serious -- riff on topics ranging from September 11's impact on the album, to their tongue-in-cheek passion for sub sandwiches (with extra lettuce), to their feelings about the upcoming Presidential race. This rare interview, which is one of only a handful the band will conduct in support of the album, provides an opportunity to observe the bands' unique chemistry and ironic sense of humor.
Fans who pre-order "To The 5 Boroughs" on Amazon.com beginning today will also be given immediate access, via video stream, to the music videos for "Ch-Check It Out" and two previously unavailable live concert performances--"Sure Shot" and "Super Disco Breakin"--recorded live in Glasgow, Scotland on the 1998-1999 "Hello Nasty" tour.
"The Amazon.com Beastie Boys interview reflects the eclectic tone of the new album, which includes a diverse array of material from party songs to politically-themed tracks," said Jason Verlinde, Amazon.com senior music editor.
To learn more or to pre-order Beastie Boys' new album, and receive the exclusive video stream, go to www.amazon.com/beastieboys or visit Amazon.com's music store (www.amazon.com/music). The album is available from Amazon.com for $12.98, a 32% discount. This is the band's first new album in six years.
About Amazon.com
Amazon.com, a Fortune 500 company based in Seattle, opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and sellers offer millions of unique new and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, kids and baby, and home and garden.
Amazon.com operates six Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp and www.amazon.ca.
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, commercial agreements and strategic alliances, seasonality, potential fluctuations in operating results and rate of growth, foreign exchange rates, management of potential growth, system interruption, international expansion, consumer trends, inventory, fulfillment center optimization, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2003, and all subsequent filings. | <p>SEATTLE--June 2, 2004--Amazon.com (Nasdaq:AMZN) today announced that in anticipation of the June 15 release of their long-awaited new album, "To The 5 Boroughs," Capitol Records recording artists, Beastie Boys, conducted an exclusive on-camera interview with Amazon.com music editor, Jason Verlinde. The interview and additional bonus material are available beginning today to music fans who pre-order the new album on Amazon.com.</p><p>The exclusive, 10 minute Amazon.com interview was conducted in New York City at Beastie Boys' downtown New York studio several weeks ago. Beastie Boys -- alternately sarcastic and serious -- riff on topics ranging from September 11's impact on the album, to their tongue-in-cheek passion for sub sandwiches (with extra lettuce), to their feelings about the upcoming Presidential race. This rare interview, which is one of only a handful the band will conduct in support of the album, provides an opportunity to observe the bands' unique chemistry and ironic sense of humor.</p><p>Fans who pre-order "To The 5 Boroughs" on Amazon.com beginning today will also be given immediate access, via video stream, to the music videos for "Ch-Check It Out" and two previously unavailable live concert performances--"Sure Shot" and "Super Disco Breakin"--recorded live in Glasgow, Scotland on the 1998-1999 "Hello Nasty" tour.</p><p>"The Amazon.com Beastie Boys interview reflects the eclectic tone of the new album, which includes a diverse array of material from party songs to politically-themed tracks," said Jason Verlinde, Amazon.com senior music editor.</p><p>To learn more or to pre-order Beastie Boys' new album, and receive the exclusive video stream, go to www.amazon.com/beastieboys or visit Amazon.com's music store (www.amazon.com/music). The album is available from Amazon.com for $12.98, a 32% discount. This is the band's first new album in six years.</p><p>About Amazon.com</p><p>Amazon.com, a Fortune 500 company based in Seattle, opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and sellers offer millions of unique new and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, kids and baby, and home and garden.</p><p>Amazon.com operates six Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp and www.amazon.ca.</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, commercial agreements and strategic alliances, seasonality, potential fluctuations in operating results and rate of growth, foreign exchange rates, management of potential growth, system interruption, international expansion, consumer trends, inventory, fulfillment center optimization, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2003, and all subsequent filings.</p> |
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Amazon Services and the Bombay Company Announce E-Commerce Alliance | /news/news-details/2004/Amazon-Services-and-the-Bombay-Company-Announce-E-Commerce-Alliance/default.aspx | Amazon-Services-and-the-Bombay-Company-Announce-E-Commerce-Alliance | 4,752 | 05/26/2004 00:00:00 | Amazon Services and the Bombay Company Announce E-Commerce Alliance | 05/26/2004 | 2004 | SEATTLE & FORT WORTH, Texas, May 26, 2004 -- Amazon Services, Inc. and The Bombay Company, Inc. (NYSE:BBA) today announced that Bombay has chosen the Amazon Services Merchant.com solution for its online sales offering. Under their multi-year agreement, Bombay plans to launch new websites powered by Amazon's e-commerce technology for Bombay (bombaycompany.com), Bombay Kids (bombaykids.com), Bombay Outlet (bombayoutlet.com), and Bombay's Canadian operations and business-to-business operations. Amazon Services, Inc. is a subsidiary of Amazon.com, Inc. (Nasdaq:AMZN).
"We thoroughly reviewed the options for taking our online channel to the next level and are confident we found this solution with Amazon Services," said James D. Carreker, Bombay's Chairman and Chief Executive Officer. "We looked for a solution that is stable, scalable and one that includes the type of world-class customer tools and technologies that Amazon has become known for in order to continue our aggressive growth in online sales and to provide a great multi-channel shopping experience for our customers."
Under the agreement, Amazon Services will build and maintain Bombay-branded websites that are integrated with Amazon's back-end technology systems. Amazon.com shopping features such as 1-Click(R) shopping, Search and Navigation, Personalization, Ordering and Payments, and Community features like Wish Lists, Recommendations, and Customer Reviews will also be available to Bombay's online customers. Visitors to Bombay's sites will be able to shop conveniently using their Amazon.com account information. Bombay will continue to operate order fulfillment and customer service.
"We are pleased that The Bombay Company chose Amazon Services for its e-commerce technology solution," said Amazon Services Senior Vice President Mark Stabingas. "We look forward to putting Amazon's world-class technology and e-commerce experience to work in presenting Bombay's unique brand and selection to its growing online customer base."
In October 2003, Bombay joined the Amazon Services Merchants@ program and began offering selection through the Amazon.com website as an additional channel for acquiring new customers and increasing sales. Customers can continue to shop Bombay's branded storefront in the Amazon.com Home & Garden Store, which takes advantage of Amazon.com's trusted shopping environment, e-commerce technology, transaction-related customer service and traffic.
About Amazon Services, Inc.
Amazon Services, Inc. is a subsidiary of Amazon.com, Inc. (Nasdaq:AMZN) which offers the technology and services that power Amazon.com to retailers seeking a world-class, cost effective e-commerce offering for their customers. Amazon Services offers its retail partners use of Amazon's leading e-commerce website technology, best-in-class fulfillment and customer service, and access to tens of millions of customers.
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, commercial agreements and strategic alliances, seasonality, potential fluctuations in operating results and rate of growth, foreign exchange rates, management of potential growth, system interruption, international expansion, consumer trends, inventory, fulfillment center optimization, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2003, and all subsequent filings.
About The Bombay Company
The Bombay Company, Inc. designs, sources and markets a unique line of home accessories, wall decor and furniture through 468 retail outlets, specialty catalogs and the Internet in the U.S. and internationally.
Any statements in this press release that may be considered forward- looking statements are subject to risks and uncertainties that could cause actual results to differ materially. Actual results may differ from forward- looking statements due to the risk factors discussed in the periodic reports filed by the Company with the Securities and Exchange Commission which the Company urges investors to consider.
SOURCE: Amazon Services | <p>SEATTLE & FORT WORTH, Texas, May 26, 2004 -- Amazon Services, Inc. and The Bombay Company, Inc. (NYSE:BBA) today announced that Bombay has chosen the Amazon Services Merchant.com solution for its online sales offering. Under their multi-year agreement, Bombay plans to launch new websites powered by Amazon's e-commerce technology for Bombay (bombaycompany.com), Bombay Kids (bombaykids.com), Bombay Outlet (bombayoutlet.com), and Bombay's Canadian operations and business-to-business operations. Amazon Services, Inc. is a subsidiary of Amazon.com, Inc. (Nasdaq:AMZN).</p><p>"We thoroughly reviewed the options for taking our online channel to the next level and are confident we found this solution with Amazon Services," said James D. Carreker, Bombay's Chairman and Chief Executive Officer. "We looked for a solution that is stable, scalable and one that includes the type of world-class customer tools and technologies that Amazon has become known for in order to continue our aggressive growth in online sales and to provide a great multi-channel shopping experience for our customers."</p><p>Under the agreement, Amazon Services will build and maintain Bombay-branded websites that are integrated with Amazon's back-end technology systems. Amazon.com shopping features such as 1-Click(R) shopping, Search and Navigation, Personalization, Ordering and Payments, and Community features like Wish Lists, Recommendations, and Customer Reviews will also be available to Bombay's online customers. Visitors to Bombay's sites will be able to shop conveniently using their Amazon.com account information. Bombay will continue to operate order fulfillment and customer service.</p><p>"We are pleased that The Bombay Company chose Amazon Services for its e-commerce technology solution," said Amazon Services Senior Vice President Mark Stabingas. "We look forward to putting Amazon's world-class technology and e-commerce experience to work in presenting Bombay's unique brand and selection to its growing online customer base."</p><p>In October 2003, Bombay joined the Amazon Services Merchants@ program and began offering selection through the Amazon.com website as an additional channel for acquiring new customers and increasing sales. Customers can continue to shop Bombay's branded storefront in the Amazon.com Home & Garden Store, which takes advantage of Amazon.com's trusted shopping environment, e-commerce technology, transaction-related customer service and traffic.</p><p>About Amazon Services, Inc.</p><p>Amazon Services, Inc. is a subsidiary of Amazon.com, Inc. (Nasdaq:AMZN) which offers the technology and services that power Amazon.com to retailers seeking a world-class, cost effective e-commerce offering for their customers. Amazon Services offers its retail partners use of Amazon's leading e-commerce website technology, best-in-class fulfillment and customer service, and access to tens of millions of customers.</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, commercial agreements and strategic alliances, seasonality, potential fluctuations in operating results and rate of growth, foreign exchange rates, management of potential growth, system interruption, international expansion, consumer trends, inventory, fulfillment center optimization, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2003, and all subsequent filings.</p><p>About The Bombay Company</p><p>The Bombay Company, Inc. designs, sources and markets a unique line of home accessories, wall decor and furniture through 468 retail outlets, specialty catalogs and the Internet in the U.S. and internationally.</p><p>Any statements in this press release that may be considered forward- looking statements are subject to risks and uncertainties that could cause actual results to differ materially. Actual results may differ from forward- looking statements due to the risk factors discussed in the periodic reports filed by the Company with the Securities and Exchange Commission which the Company urges investors to consider.</p><p>SOURCE: Amazon Services</p> |
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Amazon.com to Webcast Annual Shareholder Meeting and Investor Conference Presentation | /news/news-details/2004/Amazon.com-to-Webcast-Annual-Shareholder-Meeting-and-Investor-Conference-Presentation/default.aspx | Amazon.com-to-Webcast-Annual-Shareholder-Meeting-and-Investor-Conference-Presentation | 4,753 | 05/21/2004 00:00:00 | Amazon.com to Webcast Annual Shareholder Meeting and Investor Conference Presentation | 05/21/2004 | 2004 | SEATTLE--(BUSINESS WIRE)--May 21, 2004--Amazon.com, Inc. (Nasdaq:AMZN) announced today that it will hold its 2004 Annual Meeting of Shareholders in Seattle on May 25, 2004, at 9:00 a.m. PT/12:00 p.m. ET.
Additionally, the Company will be speaking at The Goldman Sachs Internet Conference on May 27, 2004 at 8:00 a.m. PT/11:00 a.m. ET.
These events will be webcast live, and the audio and associated slides of both will be available for at least three months thereafter, at www.amazon.com/ir.
CONTACT: Amazon.com, Inc.Patty Smith, 206-266-7180SOURCE: Amazon.com, Inc. | <p>SEATTLE--(BUSINESS WIRE)--May 21, 2004--Amazon.com, Inc. (Nasdaq:AMZN) announced today that it will hold its 2004 Annual Meeting of Shareholders in Seattle on May 25, 2004, at 9:00 a.m. PT/12:00 p.m. ET.</p><p>Additionally, the Company will be speaking at The Goldman Sachs Internet Conference on May 27, 2004 at 8:00 a.m. PT/11:00 a.m. ET.</p><p>These events will be webcast live, and the audio and associated slides of both will be available for at least three months thereafter, at www.amazon.com/ir.</p><p>CONTACT: Amazon.com, Inc.Patty Smith, 206-266-7180SOURCE: Amazon.com, Inc.</p> |
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Amazon.co.uk to Open Second Fulfillment Centre | /news/news-details/2004/Amazon.co.uk-to-Open-Second-Fulfillment-Centre/default.aspx | Amazon.co.uk-to-Open-Second-Fulfillment-Centre | 4,754 | 05/20/2004 00:00:00 | Amazon.co.uk to Open Second Fulfillment Centre | 05/20/2004 | 2004 | - Site Selected in Inverclyde, Scotland -
Thursday May 20, 2004--Leading online retailer Amazon.co.uk today announced that it is planning to open a second UK fulfilment centre in Gourock, Inverclyde. The new facility, which is set to be operational in the second half of 2004*, is expected to create up to 300 new jobs within 18 months for employees in the local area.
Amazon.co.uk's decision to open a second UK fulfilment operation comes following strong international sales growth. In q1 2004, Amazon.com's international segment--made up of the company's UK, German, French and Japanese operations--grew 80% year-over-year to $684 million. The Gourock fulfilment centre will help handle future customer demand and provide network optimisation, dispatching a wide range of products including items from newer categories such as Electronics & Photo, DIY & Tools and Garden & Outdoor.
The company will continue to operate its existing UK fulfilment centre at Marston Gate, near Milton Keynes.
Allan Lyall, Amazon's VP for European Operations commented, "We are delighted to announce the forthcoming launch of our Scottish fulfilment centre. Customers in the UK continue to respond to our low prices, free super saver delivery, wide selection and the unparalleled convenience offered by Amazon.co.uk. The Gourock operation will help us to dispatch even more customer orders quickly and efficiently."
Amazon.co.uk has been supported by Scottish Development International and Scottish Enterprise Renfrewshire. Scotland's Deputy First Minister Jim Wallace, commented, "The announcement by Amazon.co.uk today that it intends to site its new fulfilment centre in Gourock is extremely welcome. The 300 jobs it plans to create would be a major jobs boost for Inverclyde. And of course I am delighted that in the face of competition from locations elsewhere, such an innovative and creative company has chosen to expand their business in Scotland."
Amazon currently operates ten fulfilment centres worldwide, including six in the United States and one each in the United Kingdom, Germany, France and Japan.
FACTS AND STATISTICS ON AMAZON.CO.UK'S GOUROCK OPERATION
The Gourock fulfilment centre is situated 28 miles from Glasgow city centre and 18 miles from Glasgow International Airport
The fulfilment centre will be 300,000 sq ft - the size of five football pitches (this compares to Amazon.co.uk's existing fulfilment centre at Marston Gate which is 540,000 sq ft)
Amazon.co.uk estimates there will be almost 3.5 miles of shelving and pallets racks in the new facility
The Gourock fulfilment centre will handle products from across Amazon.co.uk's product range in categories such as Books, Music, DVD, Video, Software, PC & Video Games, Electronics & Photo, Home & Garden and Toys & Kids!
The facility will dispatch orders to customers across the UK, as well as handling international orders
RECRUITMENT
Amazon.co.uk is looking to recruit up to 300 full-time employees within 18 months, either with suitable distribution centre experience or who are willing to learn. The leading online retailer is looking for recruits with drive, ambition and a passion for ensuring that customers receive a first-class shopping experience.
Candidates interested in applying for these positions should call Jobcentre Plus on 01475 881558 (9am to 5pm) or log onto www.Amazon.co.uk/jobs for further details.
For further information, please contact:Rachel Silk / Marie FaganAmazon.co.ukTel no: 020 8636 9280Mobile: 07768 695759E-mail rsilk@amazon.co.uk
Kirstie CrawfordScottish EnterpriseTel no: 0141 228 2876Mobile: 07747 770256Email: kirstie.crawford@scotent.co.uk
*The Gourock facility is expected to be operational in the second half of 2004—the lease agreement is subject to final contingencies.
About Amazon.co.uk
Amazon.co.uk opened its virtual doors in October 1998, and strives to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.co.uk and sellers list millions of new and used items in categories such as Books, Music, Video, DVD, Software, PC & Video Games, Electronics & Photo, Home & Garden, and Toys & Kids!. Through Amazon Marketplace, zShops and Auctions any business or individual can sell virtually anything to Amazon.co.uk's millions of customers. Amazon.co.uk customers enjoy the benefits of industry-leading online-shopping technology, such as secure credit-card payment, personalised recommendations, streamlined, 1-Click® ordering and hassle-free Bid-Click® auction bidding. Through Amazon Anywhere, Amazon.co.uk is also available on mobile phones with WAP technology--see www.amazon.co.uk/anywhere for details.
Amazon.com operates six websites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp and www.amazon.ca. Amazon.co.uk is the trading name for Amazon.com International Sales, Inc., and Amazon.com International Auctions, Inc., which are both wholly owned subsidiaries of global online retailer Amazon.com, Inc. (NASDAQ: AMZN).
Forward looking statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, commercial agreements and strategic alliances, seasonality, potential fluctuations in operating results and rate of growth, foreign exchange rates, management of potential growth, system interruption, international expansion, consumer trends, inventory, fulfillment center optimization, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2003, and all subsequent filings.
About Scottish Enterprise
Scottish Enterprise is the main economic development agency for Scotland covering 93% of the population from Grampian to the Borders. The Scottish Enterprise Network consists of Scottish Enterprise and 12 Local Enterprise Companies. Working in partnership with the private and public sectors the Network aims to build more and better businesses, to develop the skills and knowledge of Scottish people, and to encourage innovation to make Scottish business internationally competitive. | <p>- Site Selected in Inverclyde, Scotland -</p><p>Thursday May 20, 2004--Leading online retailer Amazon.co.uk today announced that it is planning to open a second UK fulfilment centre in Gourock, Inverclyde. The new facility, which is set to be operational in the second half of 2004*, is expected to create up to 300 new jobs within 18 months for employees in the local area.</p><p>Amazon.co.uk's decision to open a second UK fulfilment operation comes following strong international sales growth. In q1 2004, Amazon.com's international segment--made up of the company's UK, German, French and Japanese operations--grew 80% year-over-year to $684 million. The Gourock fulfilment centre will help handle future customer demand and provide network optimisation, dispatching a wide range of products including items from newer categories such as Electronics & Photo, DIY & Tools and Garden & Outdoor.</p><p>The company will continue to operate its existing UK fulfilment centre at Marston Gate, near Milton Keynes.</p><p>Allan Lyall, Amazon's VP for European Operations commented, "We are delighted to announce the forthcoming launch of our Scottish fulfilment centre. Customers in the UK continue to respond to our low prices, free super saver delivery, wide selection and the unparalleled convenience offered by Amazon.co.uk. The Gourock operation will help us to dispatch even more customer orders quickly and efficiently."</p><p>Amazon.co.uk has been supported by Scottish Development International and Scottish Enterprise Renfrewshire. Scotland's Deputy First Minister Jim Wallace, commented, "The announcement by Amazon.co.uk today that it intends to site its new fulfilment centre in Gourock is extremely welcome. The 300 jobs it plans to create would be a major jobs boost for Inverclyde. And of course I am delighted that in the face of competition from locations elsewhere, such an innovative and creative company has chosen to expand their business in Scotland."</p><p>Amazon currently operates ten fulfilment centres worldwide, including six in the United States and one each in the United Kingdom, Germany, France and Japan.</p><p>FACTS AND STATISTICS ON AMAZON.CO.UK'S GOUROCK OPERATION</p><ul><li>The Gourock fulfilment centre is situated 28 miles from Glasgow city centre and 18 miles from Glasgow International Airport</li><li>The fulfilment centre will be 300,000 sq ft - the size of five football pitches (this compares to Amazon.co.uk's existing fulfilment centre at Marston Gate which is 540,000 sq ft)</li><li>Amazon.co.uk estimates there will be almost 3.5 miles of shelving and pallets racks in the new facility</li><li>The Gourock fulfilment centre will handle products from across Amazon.co.uk's product range in categories such as Books, Music, DVD, Video, Software, PC & Video Games, Electronics & Photo, Home & Garden and Toys & Kids!</li><li>The facility will dispatch orders to customers across the UK, as well as handling international orders</li></ul><p>RECRUITMENT</p><p>Amazon.co.uk is looking to recruit up to 300 full-time employees within 18 months, either with suitable distribution centre experience or who are willing to learn. The leading online retailer is looking for recruits with drive, ambition and a passion for ensuring that customers receive a first-class shopping experience.</p><p>Candidates interested in applying for these positions should call Jobcentre Plus on 01475 881558 (9am to 5pm) or log onto www.Amazon.co.uk/jobs for further details.</p><p>For further information, please contact:Rachel Silk / Marie FaganAmazon.co.ukTel no: 020 8636 9280Mobile: 07768 695759E-mail rsilk@amazon.co.uk</p><p>Kirstie CrawfordScottish EnterpriseTel no: 0141 228 2876Mobile: 07747 770256Email: kirstie.crawford@scotent.co.uk</p><p>*The Gourock facility is expected to be operational in the second half of 2004—the lease agreement is subject to final contingencies.</p><p>About Amazon.co.uk</p><p>Amazon.co.uk opened its virtual doors in October 1998, and strives to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.co.uk and sellers list millions of new and used items in categories such as Books, Music, Video, DVD, Software, PC & Video Games, Electronics & Photo, Home & Garden, and Toys & Kids!. Through Amazon Marketplace, zShops and Auctions any business or individual can sell virtually anything to Amazon.co.uk's millions of customers. Amazon.co.uk customers enjoy the benefits of industry-leading online-shopping technology, such as secure credit-card payment, personalised recommendations, streamlined, 1-Click® ordering and hassle-free Bid-Click® auction bidding. Through Amazon Anywhere, Amazon.co.uk is also available on mobile phones with WAP technology--see www.amazon.co.uk/anywhere for details.</p><p>Amazon.com operates six websites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp and www.amazon.ca. Amazon.co.uk is the trading name for Amazon.com International Sales, Inc., and Amazon.com International Auctions, Inc., which are both wholly owned subsidiaries of global online retailer Amazon.com, Inc. (NASDAQ: AMZN).</p><p>Forward looking statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, commercial agreements and strategic alliances, seasonality, potential fluctuations in operating results and rate of growth, foreign exchange rates, management of potential growth, system interruption, international expansion, consumer trends, inventory, fulfillment center optimization, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2003, and all subsequent filings.</p><p>About Scottish Enterprise</p><p>Scottish Enterprise is the main economic development agency for Scotland covering 93% of the population from Grampian to the Borders. The Scottish Enterprise Network consists of Scottish Enterprise and 12 Local Enterprise Companies. Working in partnership with the private and public sectors the Network aims to build more and better businesses, to develop the skills and knowledge of Scottish people, and to encourage innovation to make Scottish business internationally competitive.</p> |
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Amazon.Com Announces Record Free Cash Flow Fueled by Lower Prices and Year-Round Free Shipping | /news/news-details/2004/Amazon.Com-Announces-Record-Free-Cash-Flow-Fueled-by-Lower-Prices-and-Year-Round-Free-Shipping/default.aspx | Amazon.Com-Announces-Record-Free-Cash-Flow-Fueled-by-Lower-Prices-and-Year-Round-Free-Shipping | 4,755 | 01/27/2004 16:03:00 | Amazon.Com Announces Record Free Cash Flow Fueled by Lower Prices and Year-Round Free Shipping | 01/27/2004 | 2004 | Q4 2003 Financial Results
Statement of Cash Flows
Statement of Operations
Pro Forma Statement of Operations
Segment Information
Supplemental Revenue Information
Balance Sheets
Supplemental Financial Information
Operational Highlights
AMZN Q4, 2003Financial Results
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AMAZON.COM ANNOUNCES RECORD FREE CASH FLOW FUELED BY LOWER PRICES AND YEAR-ROUND FREE SHIPPING
SEATTLE—(BUSINESS WIRE)—January 27, 2004—Amazon.com, Inc. (NASDAQ:AMZN) today announced financial results for its fourth quarter and year ended December 31, 2003.
Operating cash flow was $392 million for 2003, compared with $174 million for 2002. Free cash flow was $346 million for 2003, compared with $135 million for 2002.
Common shares outstanding plus shares underlying stock-based employee awards totaled 433 million at December 31, 2003, flat compared with a year ago.
Net sales were $1.946 billion in the fourth quarter, compared with $1.429 billion in fourth quarter 2002, an increase of 36%. Net sales benefited by $98 million from changes in foreign exchange rates compared with fourth quarter 2002.
Net sales were $5.264 billion in 2003, compared with $3.933 billion in 2002, an increase of 34%. Net sales benefited by $232 million from changes in foreign exchange rates compared with 2002.
Operating income was $138 million in the fourth quarter, or 7% of net sales, compared with $71 million, or 5% of net sales, in fourth quarter 2002. Consolidated segment operating income grew to $153 million in the fourth quarter, or 8% of net sales, compared with $102 million, or 7% of net sales, in fourth quarter 2002.
Operating income improved to $271 million in 2003, or 5% of net sales, compared with $64 million, or 2% of net sales, in 2002. Consolidated segment operating income was $361 million in 2003, or 7% of net sales, an improvement of $181 million compared with 2002.
Net income was $73 million in the fourth quarter, or $0.17 per diluted share, compared with $3 million, or $0.01 per diluted share, in fourth quarter 2002. Pro forma net income in the fourth quarter grew 66% to $125 million, or $0.29 per diluted share, compared with $75 million, or $0.19 per diluted share, in fourth quarter 2002.
Net income was $35 million in 2003, or $0.08 per diluted share, compared with a net loss of $149 million, or $(0.39) per share, in 2002. Pro forma net income for 2003 improved $190 million to $256 million, or $0.61 per diluted share, compared with $66 million, or $0.17 per diluted share, in 2002.
"Our commitment to year-round free shipping and lower prices continues to be a win-win for our customers and Amazon.com," said Jeff Bezos, founder and CEO of Amazon.com. "In addition to purchasing thousands of $29 DVD players this holiday season, customers also bought Tibetan yak cheese, pomegranate molasses and zero carb cheese straws."
The company also announced today that Amazon.co.uk further lowered book prices by offering 30% off books over £10, reduced from 30% off books over £15. Amazon.com continues to offer Free Super Saver Shipping on orders over $25 at www.amazon.com and also has free shipping options at its U.K., German, French, Japanese and Canadian sites. Amazon.com also offers 30% off books over $15 and continues to lower prices every day across its product offerings, ranging from electronics to jewelry to sporting goods to tools.
Amazon.com also announced that its Board of Directors has authorized a debt repurchase program pursuant to which the Company may from time to time repurchase (through open market repurchases or private transactions), redeem or otherwise retire, up to an aggregate of $500 million of its outstanding 4.75% Convertible Subordinated Notes due 2009 and 6.875% Convertible Subordinated Notes due 2010. In addition to this debt repurchase program, as separately announced today, on February 26, 2004, the Company will redeem $150 million in principal amount of its outstanding 4.75% Convertible Subordinated Notes due 2009 at a redemption price of 102.375%, plus accrued and unpaid interest from February 1 through February 25, 2004.
See "Financial Measures" for additional information.
Highlights of Fourth Quarter and 2003 Results
North America segment sales, representing the Company's U.S. and Canadian sites, grew 18% to $1.14 billion in the fourth quarter and segment operating income grew 39% to $114 million, or 10% of net sales, compared with fourth quarter 2002.
International segment sales, representing the Company's U.K., German, French and Japanese sites, grew 74% to $804 million in the fourth quarter and benefited by $95 million from changes in foreign exchange rates compared with fourth quarter 2002. In 2003, International segment sales exceeded $2 billion for the first time. International segment operating income was $39 million, or 5% of net sales in the fourth quarter, compared with $20 million, or 4% of net sales, in fourth quarter 2002.
Electronics and Other General Merchandise revenues exceeded $1.1 billion in 2003.
Inventory turns for the trailing twelve months decreased 5% to 18 in 2003.
On November 24, 2003, the Company redeemed $200 million of its 4.75% Convertible Subordinated Notes due 2009, for $206 million, a redemption price of 102.850%. For 2003, Amazon.com redeemed $464 million of its long-term debt.
The Company increased selection by adding over 40,000 unique gourmet food items, more than 60,000 unique jewelry items, and over 70,000 unique health and personal care items.
The Company also launched a home and kitchen store in Japan and Marketplace in France and Canada during the fourth quarter.
Financial Guidance
The following forward-looking statements reflect Amazon.com's expectations as of January 27, 2004. Results may be materially affected by many factors, such as fluctuations in foreign exchange rates, changes in global economic conditions and consumer spending, world events, the emerging nature and rate of growth of the Internet and online commerce, and the various factors detailed below.
First Quarter 2004 Guidance
First quarter net sales are expected to be between $1.39 billion and $1.49 billion, or grow between 28% and 38%, compared with first quarter 2003.
Consolidated segment operating income is expected to be between $95 million and $115 million.
Operating income is expected to be between $80 million and $100 million, assuming, among other things, that the Company does not record any revisions to its restructuring-related estimates and that the closing price of Amazon.com common stock on March 31, 2004, is identical to the closing price of $52.62 on December 31, 2003.
Full Year 2004 Expectations
Net sales are expected to be between $6.20 billion and $6.70 billion.
Consolidated segment operating income is expected to be between $430 million and $530 million.
Operating income is expected to be between $355 million and $455 million, assuming, among other things, that the Company does not record any revisions to its restructuring-related estimates and that the closing price of Amazon.com common stock on December 31, 2004, is identical to the closing price of $52.62 on December 31, 2003.
A conference call will be Webcast live today at 2 p.m. PT/5 p.m. ET and will be available at least through March 31, 2004, at www.amazon.com/ir. This call will contain forward-looking statements and other material information regarding the Company's financial and operating results.
These forward-looking statements are inherently difficult to predict. Actual results could differ materially for a variety of reasons, including, in addition to the factors discussed above, the amount that Amazon.com invests in new business opportunities and the timing of those investments; the mix of products sold to customers; the mix of net sales derived from products as compared with services; competition; risks of inventory management; the degree to which the Company enters into, maintains and develops commercial agreements and strategic transactions; seasonality; international growth and expansion; and risks of fulfillment throughput and productivity. Other risks and uncertainties include, among others, risk of future losses, significant amount of indebtedness, potential fluctuations in operating results, management of potential growth, system interruptions, consumer trends, fulfillment center optimization, limited operating history, government regulation and taxation, fraud and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2002, and all subsequent filings.
Financial Measures
The following measures are defined by the Securities and Exchange Commission as non-GAAP financial measures.
Free Cash Flow
Operating cash flow is net cash provided by (used in) operating activities, including cash outflows for interest and excluding proceeds from the exercise of stock-based employee awards. Free cash flow is operating cash flow less cash outflows for purchases of fixed assets including internal-use software and Web site development. A tabular reconciliation of differences from the comparable GAAP measure—operating cash flow—is included in the attached "Supplemental Financial Information and Business Metrics."
Consolidated Segment Operating Income
Consolidated segment operating income is the sum of segment operating income of our individual segments and excludes the following line items on the Company's statements of operations:
Stock-based compensation,
Amortization of other intangibles, and
Restructuring-related and other.
A tabular reconciliation of differences from the comparable GAAP measure—operating income—is included in the attached "Pro Forma Statements of Operations."
Pro Forma Net Income
Pro forma net income excludes the following line items on the Company's statements of operations:
Stock-based compensation,
Amortization of other intangibles,
Restructuring-related and other,
Remeasurement of 6.875% PEACS and other,
Equity in losses of equity-method investees, net, and
Cumulative effect of change in accounting principle.
A tabular reconciliation of differences from the comparable GAAP measure—net income (loss)—is included in the attached "Pro Forma Statements of Operations."
For additional information regarding these non-GAAP financial measures, see exhibit 99.2 to our Form 8-K filed contemporaneously with the issuance of this release.
About Amazon.com
Amazon.com, a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers list millions of unique new and used items in categories such as health and personal care, jewelry and watches, gourmet food, sporting goods, apparel and accessories, books, music, DVDs, electronics and office, kids and baby, and home and garden.
Amazon.com operates six Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp and www.amazon.ca.
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Statement of Cash Flows
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Statement of Operations
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Pro Forma Statement of Operations
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Segment Information
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Supplemental Revenue Information
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Balance Sheets
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Supplemental Financial Information and Business Metrics
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Operational Highlights
AMAZON.COM, INC.Financial and Operational Highlights(unaudited)
Fourth Quarter 2003 Results of Operations (comparisons are with the equivalent period of the prior year, unless otherwise stated)
Net Sales
Shipping revenue, which excludes amounts earned from third-party sellers, was approximately $137 million, up 13% from $121 million.
Gross Profit
Gross profit benefited by approximately $17 million, and consolidated segment operating income by approximately $6 million, from changes in foreign exchange rates compared with fourth quarter 2002.
Shipping loss was approximately $56 million, up from a loss of $30 million. We continue to measure our shipping results relative to their effect on our overall financial results and intend to continue providing our customers with free shipping offers.
Fulfillment
Fulfillment costs represent those costs incurred in operating and staffing our fulfillment and customer service centers, credit card fees and bad debt costs, including costs associated with our guarantee for certain third-party seller transactions. Fulfillment costs also include amounts paid to third-parties, who assist us in fulfillment and customer service operations.
Certain of our fulfillment-related costs incurred on behalf of other businesses, such as Toysrus.com and Target, are classified as cost of sales rather than fulfillment.
Credit card fees associated with third-party seller transactions represent a significant percentage relative to commission amounts earned, and as a result, negatively affect fulfillment as a percentage of net sales.
Stock-Based Compensation
We granted less than a half million stock awards during the quarter with vesting periods generally ranging from three to six years.
At December 31, 2003, there were 29 million stock awards outstanding, which are excluded from common stock outstanding, consisting of 25 million stock options ($12 average exercise price) and 4 million restricted stock units. There are also 1 million shares of restricted stock, which are included in common stock outstanding.
Since October 2002, we have awarded restricted stock units as our primary form of stock-based compensation. Restricted stock units, under fixed accounting, are generally measured at fair value on the date of grant based on the number of shares granted and the quoted price of our common stock. Such value is recognized as an expense over the corresponding service period. To the extent that restricted stock units are forfeited prior to vesting, the corresponding previously recognized expense is reversed as an offset to stock-based compensation.
At December 31, 2003, 1 million stock awards were subject to variable accounting. Stock option grants after December 31, 2002 are subject to variable accounting treatment. Under variable stock award accounting, we will incur unpredictable charges or credits dependent on the fluctuations in market prices of our common stock, which we are unable to forecast. For example, if at the end of any quarter the quoted price of our common stock is lower than the quoted price at the end of the previous quarter, or to the extent previously-recorded amounts relate to unvested portions of awards that were cancelled, compensation expense associated with variable accounting will be recalculated using the cumulative expense method and may result in a net benefit to our results of operations.
"Stock-based compensation" consisted of $6 million for stock awards under variable accounting and $9 million for stock awards under fixed accounting. "Stock-based compensation" includes matching stock contributions under our 401(k) program but excludes payroll tax expense resulting from exercises of stock-based awards.
Restructuring-Related and Other
In first quarter 2001 we announced and began implementation of our operational restructuring plan. The restructuring is complete; however, we may periodically adjust our restructuring-related estimates in the future, if necessary.
Cash payments resulting from our operational restructuring were $3 million, compared with $11 million in fourth quarter 2002.
We estimate, based on currently available information, the remaining net cash outflows associated with restructuring-related leases and other commitments will be $10 million in 2004, and $20 million thereafter. Amounts due within 12 months are included within "Accrued expenses and other current liabilities" and the remaining amounts within "Long-term debt and other" on our balance sheet. These amounts are net of anticipated sublease income of approximately $39 million (we have signed sublease agreements on $15 million in future income) on gross lease and other obligations of $69 million.
Remeasurement of 6.875% PEACS and Other
"Remeasurement of 6.875% PEACS and other" primarily consisted of foreign-currency losses on remeasurement of 6.875% PEACS from Euros to U.S. Dollars of $65 million, compared with $38 million in fourth quarter 2002.
Other includes a $36 million gain from remeasurement of intercompany balances, corresponding with a decision reached during the fourth quarter of 2003, that intercompany balances denominated in foreign currencies would be repaid amongst subsidiaries.
In connection with our November 24, 2003 redemption of $200 million of our 4.75% Convertible Subordinated Notes due 2009, we recorded a charge of $9 million representing a 2.85% premium and approximately $3 million of remaining deferred issuance charges.
Income Taxes
At December 31, 2003, we had net operating loss carryforwards (NOLs) of approximately $2.9 billion related to U.S. federal, state and foreign jurisdictions. Utilization of NOLs, which begin to expire at various times starting in 2010, may be subject to certain limitations. Approximately $1.6 billion of our NOLs relate to tax deductible stock-based compensation in excess of amounts recognized for financial reporting purposes—to the extent that any of this amount is realized for tax purposes but not financial reporting purposes, the resulting benefit will be credited to stockholders' equity, rather than results of operations.
Net Income (Loss)
We are unable to forecast the effect on our future reported results of certain items, including the stock-based compensation associated with variable accounting treatment and the gain or loss associated with the remeasurement of our 6.875% PEACS and intercompany balances that results from fluctuations in foreign exchange rates. These items represented significant quarterly charges and gains during 2003 and may result in significant charges or gains in future periods.
Although we reported net income for fourth quarter 2003, we believe that this net income result should not be viewed as a material positive event and is not necessarily predictive of future reported results for a variety of reasons. For example, had we not changed our intent as to the settlement of intercompany balances during the fourth quarter, we would have had a net loss of less than half a million for the year and our net income for the fourth quarter would have been reduced by almost 50%.
Cash Flows and Balance Sheet
Operating cash flows and free cash flows can be volatile and are sensitive to many factors, including changes in working capital. Working capital at any specific point in time is subject to many variables, including world events, seasonality, the timing of expense payments, discounts offered by vendors, vendor payment terms and fluctuations in foreign exchange rates.
Our cash, cash equivalents and marketable securities of $1.4 billion, at fair value, primarily consist of cash, commercial paper and short-term securities, U.S. Treasury notes and bonds and asset-backed and agency securities.
We have pledged approximately $87 million of our marketable securities as collateral for property leases and other contractual obligations, compared with $121 million at December 31, 2002.
"Unearned revenue" is recorded when payments are received from third parties in advance of us providing the associated service.
"Accrued expenses and other current liabilities" includes, among other things, liabilities for gift certificates, marketing activities, and workforce costs, including accrued payroll, vacation, and other benefits.
"Long-term debt and other" primarily includes the following (in millions):
Principalat Maturity
Interest Rate
PrincipalDue Date
Convertible Subordinated Notes............
$1,050 (1)
4.750%
February 2009
PEACS.............................................
870 (2)
6.875%
February 2010
_____________(1) Convertible at the holders' option into our common stock at $78.0275 per share. We have the right to redeem the Convertible Subordinated Notes, in whole or in part, at a redemption price of 102.85% of the principal, which decreases every February by 47.5 basis points until maturity, plus any accrued and unpaid interest. In February 2004 we will redeem $150 million of our 4.75% Convertible Subordinated Notes for face value plus a 2.375% premium, which will result in a $6 million charge to "Remeasurement of 6.875% PEACS and other" in our first quarter GAAP results, consisting of the $4 million premium and $2 million of unamortized debt issue costs.(2) EUR 690 million principal amount, convertible at the holders' option into our common stock at EUR 84.883 per share. The U.S. Dollar equivalent principal, interest, and conversion price fluctuates based on the Euro/U.S. Dollar exchange ratio. We have the right to redeem the PEACS, in whole or in part, by paying the EUR 690 million, plus any accrued and unpaid interest. Because we do not hedge any portion of the PEACS, we have interest expense exposure to fluctuations in the Euro/US dollar exchange ratio.(3) The "if converted" number of shares associated with each of our convertible debt instruments (approximately 22 million total shares) are excluded from diluted shares as their effect is anti-dilutive. We have a program to repurchase or redeem up to an additional $500 million of our remaining outstanding convertible debt over time.
Certain Definitions and Other
We present segment information along two lines: North America and International. We measure operating results of our segments using an internal performance measure of direct segment operating expenses that excludes stock-based compensation, amortization of goodwill and other intangibles, and restructuring-related and other charges, each of which is not allocated to segment results. All other centrally-incurred operating costs are fully allocated to segment results. Our operating results, particularly for the International segment, are affected by movements in foreign exchange rates.
The North America segment consists of amounts earned from retail sales of consumer products through www.amazon.com and www.amazon.ca (including from third-party sellers), from North America focused Syndicated Stores, such as www.cdnow.com, our mail-order tool catalog and from non-retail activities such as North America focused Merchant.com, marketing and promotional agreements.
The International segment consists of amounts earned from retail sales of consumer products through www.amazon.co.uk, www.amazon.de, www.amazon.fr and www.amazon.co.jp (including from third-party sellers), from internationally focused Syndicated Stores and from non-retail activities such as internationally focused marketing and promotional agreements. This segment includes export sales from www.amazon.co.uk, www.amazon.de, www.amazon.fr and www.amazon.co.jp (including export sales from these sites to customers in the U.S. and Canada), but excludes export sales from www.amazon.com and www.amazon.ca.
We provide supplemental revenue information within each segment for three categories: "Media," "Electronics and other general merchandise" and "Other." Media consists of amounts earned from retail sales from all sellers of books, music, DVD/video, magazine subscriptions, software, video games and video game consoles. Electronics and other general merchandise consists of amounts earned from retail sales from all sellers of items not included in Media, such as electronics and office, kids and baby, home and garden, apparel, sporting goods, gourmet food, jewelry and health and personal care. The Other category consists of non-retail activities, such as the Merchant.com program and miscellaneous marketing and promotional activities.
All references to customers mean customer accounts, which are unique e-mail addresses, established either when a customer's initial order is shipped or when a customer orders from certain third-party sellers on our Web sites. Customer accounts include customers of Amazon Marketplace, Auctions and zShops and our Merchants@ and Syndicated Stores Programs, but exclude Merchant.com Program customers, Amazon.com Payments customers, our catalog customers and the customers of select companies with whom we have a technology alliance or marketing and promotional relationships. A customer is considered active upon placing an order
All references to units mean units sold (net of returns and cancellations) by us and third-party sellers at Amazon.com domains worldwide—such as www.amazon.com, www.amazon.ca, www.amazon.fr, www.amazon.co.uk, www.amazon.de and www.amazon.co.jp—and at Syndicated Stores domains, as well as Amazon.com-owned items sold at non-Amazon.com domains, such as books, music and DVD/video items ordered from Amazon.com's store at www.target.com. Units do not include Amazon.com gift certificates. | <p>Q4 2003 Financial Results</p><table><tbody><tr><td><table><tbody><tr><td><div>Statement of Cash Flows</div></td></tr><tr><td><div>Statement of Operations</div></td></tr><tr><td><p>Pro Forma Statement of Operations</p></td></tr><tr><td>Segment Information</td></tr><tr><td>Supplemental Revenue Information</td></tr><tr><td><div>Balance Sheets</div></td></tr><tr><td><div>Supplemental Financial Information</div></td></tr><tr><td><div>Operational Highlights</div></td></tr></tbody></table><table><tbody><tr><td><div>AMZN Q4, 2003Financial Results</div></td></tr><tr><td><p>Download WordVersion 1.21MB</p></td><td><div>Download PDFVersion 224KB</div></td></tr></tbody></table></td></tr><tr><td><div><h5>AMAZON.COM ANNOUNCES RECORD FREE CASH FLOW FUELED BY LOWER PRICES AND YEAR-ROUND FREE SHIPPING</h5></div><p>SEATTLE—(BUSINESS WIRE)—January 27, 2004—Amazon.com, Inc. (NASDAQ:AMZN) today announced financial results for its fourth quarter and year ended December 31, 2003.</p><p>Operating cash flow was $392 million for 2003, compared with $174 million for 2002. Free cash flow was $346 million for 2003, compared with $135 million for 2002.</p><p>Common shares outstanding plus shares underlying stock-based employee awards totaled 433 million at December 31, 2003, flat compared with a year ago.</p><p>Net sales were $1.946 billion in the fourth quarter, compared with $1.429 billion in fourth quarter 2002, an increase of 36%. Net sales benefited by $98 million from changes in foreign exchange rates compared with fourth quarter 2002.</p><p>Net sales were $5.264 billion in 2003, compared with $3.933 billion in 2002, an increase of 34%. Net sales benefited by $232 million from changes in foreign exchange rates compared with 2002.</p><p>Operating income was $138 million in the fourth quarter, or 7% of net sales, compared with $71 million, or 5% of net sales, in fourth quarter 2002. Consolidated segment operating income grew to $153 million in the fourth quarter, or 8% of net sales, compared with $102 million, or 7% of net sales, in fourth quarter 2002.</p><p>Operating income improved to $271 million in 2003, or 5% of net sales, compared with $64 million, or 2% of net sales, in 2002. Consolidated segment operating income was $361 million in 2003, or 7% of net sales, an improvement of $181 million compared with 2002.</p><p>Net income was $73 million in the fourth quarter, or $0.17 per diluted share, compared with $3 million, or $0.01 per diluted share, in fourth quarter 2002. Pro forma net income in the fourth quarter grew 66% to $125 million, or $0.29 per diluted share, compared with $75 million, or $0.19 per diluted share, in fourth quarter 2002.</p><p>Net income was $35 million in 2003, or $0.08 per diluted share, compared with a net loss of $149 million, or $(0.39) per share, in 2002. Pro forma net income for 2003 improved $190 million to $256 million, or $0.61 per diluted share, compared with $66 million, or $0.17 per diluted share, in 2002.</p><p>"Our commitment to year-round free shipping and lower prices continues to be a win-win for our customers and Amazon.com," said Jeff Bezos, founder and CEO of Amazon.com. "In addition to purchasing thousands of $29 DVD players this holiday season, customers also bought Tibetan yak cheese, pomegranate molasses and zero carb cheese straws."</p><p>The company also announced today that Amazon.co.uk further lowered book prices by offering 30% off books over £10, reduced from 30% off books over £15. Amazon.com continues to offer Free Super Saver Shipping on orders over $25 at www.amazon.com and also has free shipping options at its U.K., German, French, Japanese and Canadian sites. Amazon.com also offers 30% off books over $15 and continues to lower prices every day across its product offerings, ranging from electronics to jewelry to sporting goods to tools.</p><p>Amazon.com also announced that its Board of Directors has authorized a debt repurchase program pursuant to which the Company may from time to time repurchase (through open market repurchases or private transactions), redeem or otherwise retire, up to an aggregate of $500 million of its outstanding 4.75% Convertible Subordinated Notes due 2009 and 6.875% Convertible Subordinated Notes due 2010. In addition to this debt repurchase program, as separately announced today, on February 26, 2004, the Company will redeem $150 million in principal amount of its outstanding 4.75% Convertible Subordinated Notes due 2009 at a redemption price of 102.375%, plus accrued and unpaid interest from February 1 through February 25, 2004.</p><p>See "Financial Measures" for additional information.</p><p>Highlights of Fourth Quarter and 2003 Results</p><ul><li>North America segment sales, representing the Company's U.S. and Canadian sites, grew 18% to $1.14 billion in the fourth quarter and segment operating income grew 39% to $114 million, or 10% of net sales, compared with fourth quarter 2002.</li><li>International segment sales, representing the Company's U.K., German, French and Japanese sites, grew 74% to $804 million in the fourth quarter and benefited by $95 million from changes in foreign exchange rates compared with fourth quarter 2002. In 2003, International segment sales exceeded $2 billion for the first time. International segment operating income was $39 million, or 5% of net sales in the fourth quarter, compared with $20 million, or 4% of net sales, in fourth quarter 2002.</li><li>Electronics and Other General Merchandise revenues exceeded $1.1 billion in 2003.</li><li>Inventory turns for the trailing twelve months decreased 5% to 18 in 2003.</li><li>On November 24, 2003, the Company redeemed $200 million of its 4.75% Convertible Subordinated Notes due 2009, for $206 million, a redemption price of 102.850%. For 2003, Amazon.com redeemed $464 million of its long-term debt.</li><li>The Company increased selection by adding over 40,000 unique gourmet food items, more than 60,000 unique jewelry items, and over 70,000 unique health and personal care items.</li><li>The Company also launched a home and kitchen store in Japan and Marketplace in France and Canada during the fourth quarter.</li></ul><p>Financial Guidance</p><p>The following forward-looking statements reflect Amazon.com's expectations as of January 27, 2004. Results may be materially affected by many factors, such as fluctuations in foreign exchange rates, changes in global economic conditions and consumer spending, world events, the emerging nature and rate of growth of the Internet and online commerce, and the various factors detailed below.</p><blockquote>First Quarter 2004 Guidance</blockquote><ul><li>First quarter net sales are expected to be between $1.39 billion and $1.49 billion, or grow between 28% and 38%, compared with first quarter 2003.</li><li>Consolidated segment operating income is expected to be between $95 million and $115 million.</li><li>Operating income is expected to be between $80 million and $100 million, assuming, among other things, that the Company does not record any revisions to its restructuring-related estimates and that the closing price of Amazon.com common stock on March 31, 2004, is identical to the closing price of $52.62 on December 31, 2003.<p>Full Year 2004 Expectations</p></li><li>Net sales are expected to be between $6.20 billion and $6.70 billion.</li><li>Consolidated segment operating income is expected to be between $430 million and $530 million.</li><li>Operating income is expected to be between $355 million and $455 million, assuming, among other things, that the Company does not record any revisions to its restructuring-related estimates and that the closing price of Amazon.com common stock on December 31, 2004, is identical to the closing price of $52.62 on December 31, 2003.</li></ul><p>A conference call will be Webcast live today at 2 p.m. PT/5 p.m. ET and will be available at least through March 31, 2004, at www.amazon.com/ir. This call will contain forward-looking statements and other material information regarding the Company's financial and operating results.</p><p><em>These forward-looking statements are inherently difficult to predict. Actual results could differ materially for a variety of reasons, including, in addition to the factors discussed above, the amount that Amazon.com invests in new business opportunities and the timing of those investments; the mix of products sold to customers; the mix of net sales derived from products as compared with services; competition; risks of inventory management; the degree to which the Company enters into, maintains and develops commercial agreements and strategic transactions; seasonality; international growth and expansion; and risks of fulfillment throughput and productivity. Other risks and uncertainties include, among others, risk of future losses, significant amount of indebtedness, potential fluctuations in operating results, management of potential growth, system interruptions, consumer trends, fulfillment center optimization, limited operating history, government regulation and taxation, fraud and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2002, and all subsequent filings.</em></p><p>Financial Measures</p><p>The following measures are defined by the Securities and Exchange Commission as non-GAAP financial measures.</p><p><em>Free Cash Flow</em></p><p>Operating cash flow is net cash provided by (used in) operating activities, including cash outflows for interest and excluding proceeds from the exercise of stock-based employee awards. Free cash flow is operating cash flow less cash outflows for purchases of fixed assets including internal-use software and Web site development. A tabular reconciliation of differences from the comparable GAAP measure—operating cash flow—is included in the attached "Supplemental Financial Information and Business Metrics."</p><p><em>Consolidated Segment Operating Income</em></p><p>Consolidated segment operating income is the sum of segment operating income of our individual segments and excludes the following line items on the Company's statements of operations:</p><ul><li>Stock-based compensation,</li><li>Amortization of other intangibles, and</li><li>Restructuring-related and other.</li></ul><p>A tabular reconciliation of differences from the comparable GAAP measure—operating income—is included in the attached "Pro Forma Statements of Operations."</p><p><em>Pro Forma Net Income</em></p><p>Pro forma net income excludes the following line items on the Company's statements of operations:</p><ul><li>Stock-based compensation,</li><li>Amortization of other intangibles,</li><li>Restructuring-related and other,</li><li>Remeasurement of 6.875% PEACS and other,</li><li>Equity in losses of equity-method investees, net, and</li><li>Cumulative effect of change in accounting principle.</li></ul><p>A tabular reconciliation of differences from the comparable GAAP measure—net income (loss)—is included in the attached "Pro Forma Statements of Operations."</p><p>For additional information regarding these non-GAAP financial measures, see exhibit 99.2 to our Form 8-K filed contemporaneously with the issuance of this release.</p><p>About Amazon.com</p><p>Amazon.com, a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers list millions of unique new and used items in categories such as health and personal care, jewelry and watches, gourmet food, sporting goods, apparel and accessories, books, music, DVDs, electronics and office, kids and baby, and home and garden.</p><p>Amazon.com operates six Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp and www.amazon.ca.</p></td></tr><tr><td> Back to top of Page<div>Statement of Cash Flows</div></td></tr><tr><td><div> Back to top of Page<div>Statement of Operations</div></div></td></tr><tr><td><div> Back to top of Page<div>Pro Forma Statement of Operations</div></div></td></tr><tr><td> Back to top of Page</td></tr><tr><td><div>Segment Information</div></td></tr><tr><td> Back to top of Page</td></tr><tr><td><blockquote><div> Supplemental Revenue Information</div></blockquote></td></tr><tr><td> Back to top of Page</td></tr><tr><td><blockquote><div>Balance Sheets</div></blockquote></td></tr><tr><td><div> Back to top of Page</div></td></tr><tr><td><blockquote><div>Supplemental Financial Information and Business Metrics</div></blockquote></td></tr><tr><td><div> Back to top of Page</div></td></tr><tr><td><div>Operational Highlights</div></td></tr><tr><td><p>AMAZON.COM, INC.Financial and Operational Highlights(unaudited)</p><p>Fourth Quarter 2003 Results of Operations (comparisons are with the equivalent period of the prior year, unless otherwise stated)</p><p><em>Net Sales</em></p><ul><li>Shipping revenue, which excludes amounts earned from third-party sellers, was approximately $137 million, up 13% from $121 million.</li></ul><p><em>Gross Profit</em></p><ul><li>Gross profit benefited by approximately $17 million, and consolidated segment operating income by approximately $6 million, from changes in foreign exchange rates compared with fourth quarter 2002.</li><li>Shipping loss was approximately $56 million, up from a loss of $30 million. We continue to measure our shipping results relative to their effect on our overall financial results and intend to continue providing our customers with free shipping offers.</li></ul><p><em>Fulfillment</em></p><ul><li>Fulfillment costs represent those costs incurred in operating and staffing our fulfillment and customer service centers, credit card fees and bad debt costs, including costs associated with our guarantee for certain third-party seller transactions. Fulfillment costs also include amounts paid to third-parties, who assist us in fulfillment and customer service operations.</li><li>Certain of our fulfillment-related costs incurred on behalf of other businesses, such as Toysrus.com and Target, are classified as cost of sales rather than fulfillment.</li><li>Credit card fees associated with third-party seller transactions represent a significant percentage relative to commission amounts earned, and as a result, negatively affect fulfillment as a percentage of net sales.</li></ul><p><em>Stock-Based Compensation</em></p><ul><li>We granted less than a half million stock awards during the quarter with vesting periods generally ranging from three to six years.</li><li>At December 31, 2003, there were 29 million stock awards outstanding, which are excluded from common stock outstanding, consisting of 25 million stock options ($12 average exercise price) and 4 million restricted stock units. There are also 1 million shares of restricted stock, which are included in common stock outstanding.</li><li>Since October 2002, we have awarded restricted stock units as our primary form of stock-based compensation. Restricted stock units, under fixed accounting, are generally measured at fair value on the date of grant based on the number of shares granted and the quoted price of our common stock. Such value is recognized as an expense over the corresponding service period. To the extent that restricted stock units are forfeited prior to vesting, the corresponding previously recognized expense is reversed as an offset to stock-based compensation.</li><li>At December 31, 2003, 1 million stock awards were subject to variable accounting. Stock option grants after December 31, 2002 are subject to variable accounting treatment. Under variable stock award accounting, we will incur unpredictable charges or credits dependent on the fluctuations in market prices of our common stock, which we are unable to forecast. For example, if at the end of any quarter the quoted price of our common stock is lower than the quoted price at the end of the previous quarter, or to the extent previously-recorded amounts relate to unvested portions of awards that were cancelled, compensation expense associated with variable accounting will be recalculated using the cumulative expense method and may result in a net benefit to our results of operations.</li><li>"Stock-based compensation" consisted of $6 million for stock awards under variable accounting and $9 million for stock awards under fixed accounting. "Stock-based compensation" includes matching stock contributions under our 401(k) program but excludes payroll tax expense resulting from exercises of stock-based awards.</li></ul><p><em>Restructuring-Related and Other</em></p><ul><li>In first quarter 2001 we announced and began implementation of our operational restructuring plan. The restructuring is complete; however, we may periodically adjust our restructuring-related estimates in the future, if necessary.</li><li>Cash payments resulting from our operational restructuring were $3 million, compared with $11 million in fourth quarter 2002.</li><li>We estimate, based on currently available information, the remaining net cash outflows associated with restructuring-related leases and other commitments will be $10 million in 2004, and $20 million thereafter. Amounts due within 12 months are included within "Accrued expenses and other current liabilities" and the remaining amounts within "Long-term debt and other" on our balance sheet. These amounts are net of anticipated sublease income of approximately $39 million (we have signed sublease agreements on $15 million in future income) on gross lease and other obligations of $69 million.</li></ul><p><em>Remeasurement of 6.875% PEACS and Other</em></p><ul><li>"Remeasurement of 6.875% PEACS and other" primarily consisted of foreign-currency losses on remeasurement of 6.875% PEACS from Euros to U.S. Dollars of $65 million, compared with $38 million in fourth quarter 2002.</li><li>Other includes a $36 million gain from remeasurement of intercompany balances, corresponding with a decision reached during the fourth quarter of 2003, that intercompany balances denominated in foreign currencies would be repaid amongst subsidiaries.</li><li>In connection with our November 24, 2003 redemption of $200 million of our 4.75% Convertible Subordinated Notes due 2009, we recorded a charge of $9 million representing a 2.85% premium and approximately $3 million of remaining deferred issuance charges.</li></ul><p><em>Income Taxes</em></p><ul><li>At December 31, 2003, we had net operating loss carryforwards (NOLs) of approximately $2.9 billion related to U.S. federal, state and foreign jurisdictions. Utilization of NOLs, which begin to expire at various times starting in 2010, may be subject to certain limitations. Approximately $1.6 billion of our NOLs relate to tax deductible stock-based compensation in excess of amounts recognized for financial reporting purposes—to the extent that any of this amount is realized for tax purposes but not financial reporting purposes, the resulting benefit will be credited to stockholders' equity, rather than results of operations.</li></ul><p><em>Net Income (Loss)</em></p><ul><li>We are unable to forecast the effect on our future reported results of certain items, including the stock-based compensation associated with variable accounting treatment and the gain or loss associated with the remeasurement of our 6.875% PEACS and intercompany balances that results from fluctuations in foreign exchange rates. These items represented significant quarterly charges and gains during 2003 and may result in significant charges or gains in future periods.</li><li>Although we reported net income for fourth quarter 2003, we believe that this net income result should not be viewed as a material positive event and is not necessarily predictive of future reported results for a variety of reasons. For example, had we not changed our intent as to the settlement of intercompany balances during the fourth quarter, we would have had a net loss of less than half a million for the year and our net income for the fourth quarter would have been reduced by almost 50%.</li></ul><p><em>Cash Flows and Balance Sheet</em></p><ul><li>Operating cash flows and free cash flows can be volatile and are sensitive to many factors, including changes in working capital. Working capital at any specific point in time is subject to many variables, including world events, seasonality, the timing of expense payments, discounts offered by vendors, vendor payment terms and fluctuations in foreign exchange rates.</li><li>Our cash, cash equivalents and marketable securities of $1.4 billion, at fair value, primarily consist of cash, commercial paper and short-term securities, U.S. Treasury notes and bonds and asset-backed and agency securities.</li><li>We have pledged approximately $87 million of our marketable securities as collateral for property leases and other contractual obligations, compared with $121 million at December 31, 2002.</li><li>"Unearned revenue" is recorded when payments are received from third parties in advance of us providing the associated service.</li><li>"Accrued expenses and other current liabilities" includes, among other things, liabilities for gift certificates, marketing activities, and workforce costs, including accrued payroll, vacation, and other benefits.</li><li>"Long-term debt and other" primarily includes the following (in millions):</li></ul><table><tbody><tr><td><div>Principal<u>at Maturity</u></div></td><td><div>Interest <u>Rate</u></div></td><td><div>Principal<u>Due Date</u></div></td></tr><tr><td><div>Convertible Subordinated Notes............</div></td><td><div>$1,050 (1)</div></td><td><div>4.750%</div></td><td><div>February 2009</div></td></tr><tr><td><div>PEACS.............................................</div></td><td><div><u>870</u> (2)</div></td><td><div>6.875%</div></td><td><div>February 2010</div></td></tr></tbody></table><p>_____________(1) Convertible at the holders' option into our common stock at $78.0275 per share. We have the right to redeem the Convertible Subordinated Notes, in whole or in part, at a redemption price of 102.85% of the principal, which decreases every February by 47.5 basis points until maturity, plus any accrued and unpaid interest. In February 2004 we will redeem $150 million of our 4.75% Convertible Subordinated Notes for face value plus a 2.375% premium, which will result in a $6 million charge to "Remeasurement of 6.875% PEACS and other" in our first quarter GAAP results, consisting of the $4 million premium and $2 million of unamortized debt issue costs.(2) EUR 690 million principal amount, convertible at the holders' option into our common stock at EUR 84.883 per share. The U.S. Dollar equivalent principal, interest, and conversion price fluctuates based on the Euro/U.S. Dollar exchange ratio. We have the right to redeem the PEACS, in whole or in part, by paying the EUR 690 million, plus any accrued and unpaid interest. Because we do not hedge any portion of the PEACS, we have interest expense exposure to fluctuations in the Euro/US dollar exchange ratio.(3) The "if converted" number of shares associated with each of our convertible debt instruments (approximately 22 million total shares) are excluded from diluted shares as their effect is anti-dilutive. We have a program to repurchase or redeem up to an additional $500 million of our remaining outstanding convertible debt over time.</p><p><em>Certain Definitions and Other</em></p><ul><li>We present segment information along two lines: North America and International. We measure operating results of our segments using an internal performance measure of direct segment operating expenses that excludes stock-based compensation, amortization of goodwill and other intangibles, and restructuring-related and other charges, each of which is not allocated to segment results. All other centrally-incurred operating costs are fully allocated to segment results. Our operating results, particularly for the International segment, are affected by movements in foreign exchange rates.</li><li>The North America segment consists of amounts earned from retail sales of consumer products through <em>www.amazon.com</em> and <em>www.amazon.ca</em> (including from third-party sellers), from North America focused Syndicated Stores, such as <em>www.cdnow.com</em>, our mail-order tool catalog and from non-retail activities such as North America focused Merchant.com, marketing and promotional agreements.</li><li>The International segment consists of amounts earned from retail sales of consumer products through <em>www.amazon.co.uk</em>, <em>www.amazon.de, www.amazon.fr</em> and <em>www.amazon.co.jp</em> (including from third-party sellers), from internationally focused Syndicated Stores and from non-retail activities such as internationally focused marketing and promotional agreements. This segment includes export sales from <em>www.amazon.co.uk</em>, <em>www.amazon.de, www.amazon.fr</em> and <em>www.amazon.co.jp</em> (including export sales from these sites to customers in the U.S. and Canada), but excludes export sales from <em>www.amazon.com</em> and<em> www.amazon.ca</em>.</li><li>We provide supplemental revenue information within each segment for three categories: "Media," "Electronics and other general merchandise" and "Other." Media consists of amounts earned from retail sales from all sellers of books, music, DVD/video, magazine subscriptions, software, video games and video game consoles. Electronics and other general merchandise consists of amounts earned from retail sales from all sellers of items not included in Media, such as electronics and office, kids and baby, home and garden, apparel, sporting goods, gourmet food, jewelry and health and personal care. The Other category consists of non-retail activities, such as the Merchant.com program and miscellaneous marketing and promotional activities.</li><li>All references to customers mean customer accounts, which are unique e-mail addresses, established either when a customer's initial order is shipped or when a customer orders from certain third-party sellers on our Web sites. Customer accounts include customers of Amazon Marketplace, Auctions and zShops and our Merchants@ and Syndicated Stores Programs, but exclude Merchant.com Program customers, Amazon.com Payments customers, our catalog customers and the customers of select companies with whom we have a technology alliance or marketing and promotional relationships. A customer is considered active upon placing an order</li><li>All references to units mean units sold (net of returns and cancellations) by us and third-party sellers at Amazon.com domains worldwide—such as <em>www.amazon.com, www.amazon.ca,</em> <em>www.amazon.fr, www.amazon.co.uk, www.amazon.de </em>and www.amazon.co.jp—and at Syndicated Stores domains, as well as Amazon.com-owned items sold at non-Amazon.com domains, such as books, music and DVD/video items ordered from Amazon.com's store at <em>www.target.com</em>. Units do not include Amazon.com gift certificates.</li></ul></td></tr></tbody></table> |
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Amazon.com Announces Record Sales Driven by Lower Prices and Expanded Selection; Launches Jewelry Store; Raises Financial Guidance | /news/news-details/2004/Amazon.com-Announces-Record-Sales-Driven-by-Lower-Prices-and-Expanded-Selection-Launches-Jewelry-Store-Raises-Financial-Guidance/default.aspx | Amazon.com-Announces-Record-Sales-Driven-by-Lower-Prices-and-Expanded-Selection-Launches-Jewelry-Store-Raises-Financial-Guidance | 4,756 | 04/22/2004 00:00:00 | Amazon.com Announces Record Sales Driven by Lower Prices and Expanded Selection; Launches Jewelry Store; Raises Financial Guidance | 04/22/2004 | 2004 | Q1 2004 Financial Results
Statement of Cash Flows
Statement of Operations
Pro Forma Statement of Operations
Segment Information
Supplemental Revenue Information
Balance Sheets
Supplemental Financial Information
Operational Highlights
AMZN Q1, 2004Financial Results
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AMAZON.COM ANNOUNCES RECORD SALES DRIVEN BY LOWER PRICES AND EXPANDED SELECTION; LAUNCHES JEWELRY STORE; RAISES FINANCIAL GUIDANCE
SEATTLE--(BUSINESS WIRE)--April 22, 2004--Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its first quarter ended March 31, 2004.
Operating cash flow was $393 million for the trailing twelve months, compared with $164 million for the trailing twelve months ended March 31, 2003. Free cash flow grew $221 million, or 180%, to $344 million for the trailing twelve months, compared with $123 million for the trailing twelve months ended March 31, 2003.
Common shares outstanding plus shares underlying stock-based awards totaled 432 million at March 31, 2004, flat compared with a year ago.
Net sales were $1.53 billion in the first quarter, compared with $1.08 billion in first quarter 2003, an increase of 41%. Net sales, excluding the $87 million benefit from changes in foreign exchange rates, grew 33% compared with first quarter 2003.
Operating income was $110 million in the first quarter, compared with $39 million in first quarter 2003. Consolidated segment operating income grew 73% to $117 million in the first quarter, compared with $67 million in first quarter 2003. Consolidated segment operating income, excluding the $7 million benefit from changes in foreign exchange rates, grew 64% compared with first quarter 2003.
Net income was $111 million in the first quarter, or $0.26 per diluted share, compared with a net loss of $10 million, or $0.03 per share, in first quarter 2003. Pro forma net income in the first quarter grew 141% to $97 million, or $0.23 per diluted share, compared with $40 million, or $0.10 per diluted share, in first quarter 2003.
"During our beta test more than 100,000 customers ordered items from our Jewelry store," said Jeff Bezos, founder and CEO of Amazon.com. "While the average margin in jewelry retailing is approximately 45% to 50%, we target substantially lower margins on our jewelry sales, and lower still -- about 13% -- on diamond jewelry. This is in keeping with our strategy of driving growth through low prices."
Amazon.com continues to offer Free Super Saver Shipping on orders over $25 at www.amazon.com and also has free shipping offers at its U.K., German, French, Japanese and Canadian sites. Amazon.com offers 30% off books over $15 and continues to lower prices every day across its product offerings, ranging from electronics to jewelry to sports and outdoors items to tools.
See "Financial Measures" for additional information.
Quarterly Highlights
North America segment sales, representing the Company's U.S. and Canadian sites, grew 20% to $847 million and segment operating income grew 46% to $76 million, compared with first quarter 2003.
International segment sales, representing the Company's U.K., German, French and Japanese sites, grew 80% to $684 million. Net sales, excluding the benefit from changes in foreign exchange rates, grew 58% compared with first quarter 2003. International segment operating income grew 163% to $41 million, compared with $16 million in first quarter 2003.
For the first time, half of net sales came from products delivered to customers outside the U.S.
Inventory turns for the trailing twelve months were 19, down from 20 a year ago.
On February 26, 2004, the Company redeemed $150 million of its 4.75% Convertible Subordinated Notes due 2009 for $154 million, a redemption price of 102.375%.
During the first quarter the Company also launched a Home & Garden store in Germany, and two new stores in the U.K.: Do-It-Yourself & Tools and Garden & Outdoors.
Again this year, the widely followed American Customer Satisfaction Index gave Amazon.com a score of 88—the highest customer satisfaction score ever recorded in any service industry, online or off.
Financial Guidance
The following forward-looking statements reflect Amazon.com's expectations as of April 22, 2004. Results may be materially affected by many factors, such as fluctuations in foreign exchange rates, changes in global economic conditions and consumer spending, world events, the emerging nature and rate of growth of the Internet and online commerce, and the various factors detailed below.
Second Quarter 2004 Guidance
Second quarter net sales are expected to be between $1.34 billion and $1.44 billion, or grow between 22% and 31%, compared with second quarter 2003.
Consolidated segment operating income is expected to be between $85 million and $105 million, or grow between 27% and 56%, compared with second quarter 2003.
Operating income is expected to be between $65 million and $85 million, assuming, among other things, that the Company does not record any revisions to its restructuring-related estimates and that the closing price of Amazon.com common stock on June 30, 2004, is identical to the closing price of $43.28 on March 31, 2004.
Full Year 2004 Expectations
Net sales are expected to be between $6.45 billion and $6.85 billion.
Consolidated segment operating income is expected to be between $455 million and $535 million.
Operating income is expected to be between $380 million and $460 million, assuming, among other things, that the Company does not record any revisions to its restructuring-related estimates and that the closing price of Amazon.com common stock on December 31, 2004, is identical to the closing price of $43.28 on March 31, 2004.
A conference call will be Webcast live today at 2 p.m. PT/5 p.m. ET and will be available at least through June 30, 2004, at www.amazon.com/ir. This call will contain forward-looking statements and other material information regarding the Company's financial and operating results.
These forward-looking statements are inherently difficult to predict. Actual results could differ materially for a variety of reasons, including, in addition to the factors discussed above, the amount that Amazon.com invests in new business opportunities and the timing of those investments; the mix of products sold to customers; the mix of net sales derived from products as compared with services; competition; risks of inventory management; the degree to which the Company enters into, maintains and develops commercial agreements and strategic transactions; seasonality; international growth and expansion; and risks of fulfillment throughput and productivity. Other risks and uncertainties include, among others, risk of future losses, significant amount of indebtedness, potential fluctuations in operating results, management of potential growth, system interruptions, consumer trends, fulfillment center optimization, limited operating history, government regulation and taxation, fraud and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2003, and all subsequent filings.
Financial Measures
The following measures are defined by the Securities and Exchange Commission as non-GAAP financial measures.
Free Cash Flow
Operating cash flow is net cash provided by (used in) operating activities, including cash outflows for interest and excluding proceeds from the exercise of stock-based employee awards. Free cash flow is operating cash flow less cash outflows for purchases of fixed assets, including internal-use software and website development. A tabular reconciliation of differences from the comparable GAAP measure—operating cash flow—is included in the attached "Supplemental Financial Information and Business Metrics."
Consolidated Segment Operating Income
Consolidated segment operating income is the sum of segment operating income of our individual segments and excludes the following line items on the Company's statements of operations:
Stock-based compensation, and
Other operating expense (income).
A tabular reconciliation of differences from the comparable GAAP measure—operating income—is included in the attached "Pro Forma Statements of Operations."
Pro Forma Net Income
Pro forma net income excludes the following line items on the Company's statements of operations:
Stock-based compensation,
Other operating expense (income), and
Remeasurements and other.
A tabular reconciliation of differences from the comparable GAAP measure—net income (loss)—is included in the attached "Pro Forma Statements of Operations."
For additional information regarding these non-GAAP financial measures, see Exhibit 99.2 to our Form 8-K filed contemporaneously with the issuance of this release.
About Amazon.com
Amazon.com, a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, kids and baby, and home and garden.
Amazon.com operates six websites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp and www.amazon.ca.
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Statement of Cash Flows
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Statement of Operations
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Pro Forma Statement of Operations
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Segment Information
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Supplemental Revenue Information
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Balance Sheets
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Supplemental Financial Information and Business Metrics
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Operational Highlights
AMAZON.COM, INC.Financial and Operational Highlights(unaudited)
Quarterly Results of Operations (comparisons are with the equivalent period of the prior year, unless otherwise stated)
Net Sales
As our financial reporting currency is the U.S. Dollar, our total revenue, profit, and operating and free cash flow has recently benefited significantly from weakness in the U.S. Dollar in comparison to the currencies of our international websites. While we believe that our increasing diversification beyond the U.S. economy through our international businesses benefits our shareholders, it is important to evaluate our growth rates after the effect of currency changes.
Shipping revenue, which excludes amounts earned from third-party sellers, was approximately $94 million, up 20% from $78 million.
Gross Profit
Gross profit benefited by approximately $17 million from changes in foreign exchange rates compared with first quarter 2003.
Net shipping cost was approximately $43 million, up from a cost of $27 million, as a result of our free shipping offers. We view our shipping offers as an effective marketing tool and intend to continue offering them.
Fulfillment
Fulfillment costs represent those costs incurred in operating and staffing our fulfillment and customer service centers, credit card fees and bad debt costs, including costs associated with our guarantee for certain third-party seller transactions. Fulfillment costs also include amounts paid to third parties, who assist us in fulfillment and customer service operations.
Costs incurred in operating and staffing our fulfillment and customer service centers on behalf of other businesses, such as Toysrus.com and Target, are classified as cost of sales rather than fulfillment.
Credit card fees associated with third-party seller transactions are based on the gross purchase price of underlying transactions, and therefore represent a larger percentage of our recorded commission revenue than credit card fees on our retail sales. Accordingly, this negatively affects fulfillment as a percentage of net sales.
Stock-Based Compensation
We granted less than a half million stock awards during the quarter at a weighted average fair value of $47.
Stock-based awards generally vest over service periods of between three to six years.
At March 31, 2004, there were 27 million stock awards outstanding, which are excluded from common stock outstanding, consisting of 23 million stock options ($13 average exercise price) and 4 million restricted stock units. Additionally, 1 million shares of restricted stock are included in common stock outstanding.
Since October 2002, we have awarded restricted stock units as our primary form of stock-based compensation. Restricted stock units, under fixed accounting, are generally measured at fair value on the date of grant based on the number of shares granted and the quoted price of our common stock. Such value is recognized as an expense over the corresponding service period. To the extent that restricted stock units are forfeited prior to vesting, the corresponding previously recognized expense is reversed as an offset to stock-based compensation.
At March 31, 2004, 1 million stock awards were subject to variable accounting. Stock option grants after December 31, 2002, are subject to variable accounting treatment. Variable accounting treatment results in expense or contra-expense recognition using the cumulative expense method, calculated based on the quoted price of our common stock and vesting schedules of underlying awards. For example, since the closing price of our common stock on March 31, 2004, was less than the closing price on December 31, 2003, we recorded a contra-expense associated with variable accounting treatment for the first quarter of 2004.
Stock-based compensation consisted of $3 million contra-expense for stock awards under variable accounting and $10 million for stock awards under fixed accounting. "Stock-based compensation" includes matching stock contributions under our 401(k) program but excludes payroll tax expense resulting from exercises of stock-based awards.
Other Operating Expense (Income)
Included in "Other operating expense (income)" are restructuring-related expenses and amortization of other intangibles.
Our first quarter 2001 operational restructuring plan is complete; however, we may periodically adjust our restructuring-related estimates in the future, such as lease obligations, if necessary.
During the first quarter we determined that some of the office space previously vacated as part of our 2001 restructuring, which we had been unable to sublease due to poor real estate market conditions, was necessary for our future needs. Future lease payments for this office space will be expensed over the lease period and classified to the corresponding operating expense categories on the consolidated statements of operations.
Cash payments resulting from our operational restructuring were $2 million, compared with $16 million in first quarter 2003.
We estimate, based on currently available information, the remaining net cash outflows associated with restructuring-related leases and other commitments will be $4 million in 2004, and $23 million thereafter. Amounts due within 12 months are included within "Accrued expenses and other current liabilities" and the remaining amounts within "Long-term debt and other" on our balance sheet. These amounts are net of anticipated sublease income of approximately $33 million (we have signed sublease agreements for $14 million).
Remeasurements and Other
"Remeasurements and other" primarily consisted of foreign-currency gains on remeasurement of 6.875% PEACS from Euros to U.S. Dollars of $20 million, compared with a loss of $25 million in first quarter 2003.
Other includes a $3 million loss from remeasurement of intercompany balances, corresponding with a decision reached during the fourth quarter of 2003 that intercompany balances denominated in foreign currencies would be repaid amongst subsidiaries. Also, during the first quarter, approximately $135 million of these balances were repaid among the entities.
In connection with our February 2004 $150 million redemption of our 4.75% Convertible Subordinated Notes due 2009, we recorded a charge of $6 million, consisting of a $4 million (2.375%) premium and approximately $2 million of remaining deferred issuance charges.
Other also includes a gain of $6 million relating to the settlement of a contractual dispute.
In April 2004, we entered into an agreement to sell one of our equity investments. At closing, which is anticipated in the second quarter of 2004, we expect to record a gain of approximately $14 million classified in "Remeasurements and other."
Income Taxes
At March 31, 2004, we had net operating loss carryforwards (NOLs) of approximately $2.8 billion primarily related to U.S. federal taxes. Utilization of NOLs, which begin to expire at various times starting in 2010, may be subject to certain limitations. Approximately $1.7 billion of our NOLs relate to tax deductible stock-based compensation in excess of amounts recognized for financial reporting purposes—to the extent that any of this amount is realized for tax purposes but not financial reporting purposes, the resulting tax benefits will be credited to stockholders' equity, rather than results of operations.
Net Income (Loss)
We do not believe that our reported net income for the quarter ended March 31, 2004, should be viewed, on its own, as a material positive event or should be considered predictive of future results. For example, we are unable to forecast the effect on our future reported results of certain items, including the effect that fluctuations in foreign currency rates will have on the remeasurement of our 6.875% PEACS and intercompany balances. Additionally, we are unable to forecast the effect on stock-based compensation of changes in the quoted price of our common stock due to variable accounting treatment. The remeasurement of our 6.875% PEACS represented significant gains during the quarter and may result in significant charges or gains in future periods.
Cash Flows and Balance Sheet
Operating cash flows and free cash flows can be volatile and are sensitive to many factors, including changes in working capital. Working capital at any specific point in time is subject to many variables, including world events, seasonality, the timing of expense payments, discounts offered by vendors, vendor payment terms and fluctuations in foreign exchange rates.
Our cash, cash equivalents and marketable securities of $998 million, at fair value, primarily consist of cash, commercial paper and short-term securities, U.S. Treasury notes and bonds, asset-backed and agency securities, and certificates of deposit. Included is amounts held in foreign currencies of $578 million, primarily in Euros and British Pounds.
We have pledged approximately $86 million of our marketable securities as collateral for property leases and other contractual obligations, compared with $105 million as of March 31, 2003.
"Other assets" includes, among other things, deferred issuance costs on long-term debt, intangibles and other equity investments.
"Unearned revenue" is recorded when payments are received from third parties in advance of our providing the associated service.
"Accrued expenses and other current liabilities" includes, among other things, liabilities for gift certificates, marketing activities, and workforce costs, including accrued payroll, vacation, and other benefits.
"Long-term debt and other" primarily includes the following (in millions):
Principalat Maturity
Interest Rate
PrincipalDue Date
Convertible Subordinated Notes..........
$ 900 (1)
4.750%
February 2009
PEACS...........................................
849 (2)
6.875%
February 2010
________(1) Convertible at the holders' option into our common stock at $78.0275 per share. We have the right to redeem the Convertible Subordinated Notes, in whole or in part, at a redemption price of 102.375% of the principal, which decreases every February by 47.5 basis points until maturity, plus any accrued and unpaid interest. In February 2004 we redeemed $150 million of our 4.75% Convertible Subordinated Notes.(2) EUR 690 million principal amount, convertible at the holders' option into our common stock at EUR 84.883 ($104 at March 31, 2004) per share. We have the right to redeem the PEACS, in whole or in part, by paying the EUR 690 million, plus any accrued and unpaid interest. We do not hedge any portion of the PEACS. The U.S. Dollar equivalent principal, interest and conversion price fluctuates based on the Euro/U.S. Dollar exchange ratio.(3) The "if converted" number of shares associated with each of our convertible debt instruments (approximately 20 million total shares) are excluded from diluted shares as their effect is anti-dilutive.Certain Definitions and Other
We present segment information along two lines: North America and International. We measure operating results of our segments using an internal performance measure of direct segment operating expenses that excludes stock-based compensation and other operating expenses (income), each of which is not allocated to segment results. Other centrally incurred operating costs are fully allocated to segment results. Our operating results, particularly for the International segment, are affected by movements in foreign exchange rates.
The North America segment consists of amounts earned from retail sales of consumer products (including from third-party sellers) through www.amazon.com and www.amazon.ca; from North America focused Syndicated Stores, such as www.cdnow.com; from our mail-order tool catalog; and from non-retail activities such as North America focused Merchant.com, marketing and promotional agreements.
The International segment consists of amounts earned from retail sales of consumer products (including from third-party sellers) through www.amazon.co.uk, www.amazon.de, www.amazon.fr and www.amazon.co.jp; from internationally focused Syndicated Stores; and from non-retail activities such as internationally focused marketing and promotional agreements. This segment includes export sales from www.amazon.co.uk, www.amazon.de, www.amazon.fr and www.amazon.co.jp (including export sales from these sites to customers in the U.S. and Canada), but excludes export sales from www.amazon.com and www.amazon.ca.
We provide supplemental revenue information within each segment for three categories: "Media", "Electronics and other general merchandise" and "Other." Media consists of amounts earned from retail sales from all sellers of books, music, DVD/video, magazine subscriptions, software, video games and video game consoles. Electronics and other general merchandise consists of amounts earned from retail sales from all sellers of items not included in Media, such as electronics and office, kids and baby, home and garden, apparel, sports and outdoors, gourmet food, jewelry, and health and personal care. The Other category consists of non-retail activities, such as the Merchant.com program and miscellaneous marketing and promotional activities.
Operating cycle is number of days of sales in inventory plus number of days of sales in accounts receivable minus accounts payable days. Inventory turnover is the quotient of annualized cost of sales to average inventory. Accounts payable days is calculated as the quotient of accounts payable to cost of sales, multiplied by the number of days in the period.
References to customers mean customer accounts, which are unique e-mail addresses, established either when a customer's initial order is shipped or when a customer orders from certain third-party sellers on our websites. Customer accounts include customers of Amazon Marketplace, Auctions and zShops and our Merchants@ and Syndicated Stores Programs, but exclude Merchant.com Program customers, Amazon.com Payments customers, our catalog customers and the customers of select companies with whom we have a technology alliance or marketing and promotional relationships. A customer is considered active upon placing an order.
References to units mean units sold (net of returns and cancellations) by us and third-party sellers at Amazon.com domains worldwide—such as www.amazon.com, www.amazon.ca, www.amazon.fr, www.amazon.co.uk, www.amazon.de and www.amazon.co.jp—and at Syndicated Stores domains, as well as Amazon.com-owned items sold at non-Amazon.com domains, such as books, music and DVD/video items ordered from Amazon.com's store at www.target.com. Units do not include Amazon.com gift certificates.
Contacts:
Amazon.com Investor Relations Amazon.com Public RelationsTim Stone, 206/266-2171, ir@amazon.com Patty Smith, 206/266-7180www.amazon.com/ir | <p>Q1 2004 Financial Results</p><table><tbody><tr><td><table><tbody><tr><td><div>Statement of Cash Flows</div></td></tr><tr><td><div>Statement of Operations</div></td></tr><tr><td><p>Pro Forma Statement of Operations</p></td></tr><tr><td>Segment Information</td></tr><tr><td>Supplemental Revenue Information</td></tr><tr><td><div>Balance Sheets</div></td></tr><tr><td><div>Supplemental Financial Information</div></td></tr><tr><td><div>Operational Highlights</div></td></tr></tbody></table><table><tbody><tr><td><div>AMZN Q1, 2004Financial Results</div></td></tr><tr><td><p>Download WordVersion 1.21MB</p></td><td><div>Download PDFVersion 224KB</div></td></tr></tbody></table></td></tr><tr><td><p>AMAZON.COM ANNOUNCES RECORD SALES DRIVEN BY LOWER PRICES AND EXPANDED SELECTION; LAUNCHES JEWELRY STORE; RAISES FINANCIAL GUIDANCE</p><p>SEATTLE--(BUSINESS WIRE)--April 22, 2004--Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its first quarter ended March 31, 2004.</p><p>Operating cash flow was $393 million for the trailing twelve months, compared with $164 million for the trailing twelve months ended March 31, 2003. Free cash flow grew $221 million, or 180%, to $344 million for the trailing twelve months, compared with $123 million for the trailing twelve months ended March 31, 2003.</p><p>Common shares outstanding plus shares underlying stock-based awards totaled 432 million at March 31, 2004, flat compared with a year ago.</p><p>Net sales were $1.53 billion in the first quarter, compared with $1.08 billion in first quarter 2003, an increase of 41%. Net sales, excluding the $87 million benefit from changes in foreign exchange rates, grew 33% compared with first quarter 2003.</p><p>Operating income was $110 million in the first quarter, compared with $39 million in first quarter 2003. Consolidated segment operating income grew 73% to $117 million in the first quarter, compared with $67 million in first quarter 2003. Consolidated segment operating income, excluding the $7 million benefit from changes in foreign exchange rates, grew 64% compared with first quarter 2003.</p><p>Net income was $111 million in the first quarter, or $0.26 per diluted share, compared with a net loss of $10 million, or $0.03 per share, in first quarter 2003. Pro forma net income in the first quarter grew 141% to $97 million, or $0.23 per diluted share, compared with $40 million, or $0.10 per diluted share, in first quarter 2003.</p><p>"During our beta test more than 100,000 customers ordered items from our Jewelry store," said Jeff Bezos, founder and CEO of Amazon.com. "While the average margin in jewelry retailing is approximately 45% to 50%, we target substantially lower margins on our jewelry sales, and lower still -- about 13% -- on diamond jewelry. This is in keeping with our strategy of driving growth through low prices."</p><p>Amazon.com continues to offer Free Super Saver Shipping on orders over $25 at www.amazon.com and also has free shipping offers at its U.K., German, French, Japanese and Canadian sites. Amazon.com offers 30% off books over $15 and continues to lower prices every day across its product offerings, ranging from electronics to jewelry to sports and outdoors items to tools.</p><p>See "Financial Measures" for additional information.</p><p>Quarterly Highlights</p><ul><li>North America segment sales, representing the Company's U.S. and Canadian sites, grew 20% to $847 million and segment operating income grew 46% to $76 million, compared with first quarter 2003.</li><li>International segment sales, representing the Company's U.K., German, French and Japanese sites, grew 80% to $684 million. Net sales, excluding the benefit from changes in foreign exchange rates, grew 58% compared with first quarter 2003. International segment operating income grew 163% to $41 million, compared with $16 million in first quarter 2003.</li><li>For the first time, half of net sales came from products delivered to customers outside the U.S.</li><li>Inventory turns for the trailing twelve months were 19, down from 20 a year ago.</li><li>On February 26, 2004, the Company redeemed $150 million of its 4.75% Convertible Subordinated Notes due 2009 for $154 million, a redemption price of 102.375%.</li><li>During the first quarter the Company also launched a Home & Garden store in Germany, and two new stores in the U.K.: Do-It-Yourself & Tools and Garden & Outdoors.</li><li>Again this year, the widely followed American Customer Satisfaction Index gave Amazon.com a score of 88—the highest customer satisfaction score ever recorded in any service industry, online or off.</li></ul><p>Financial Guidance</p><p>The following forward-looking statements reflect Amazon.com's expectations as of April 22, 2004. Results may be materially affected by many factors, such as fluctuations in foreign exchange rates, changes in global economic conditions and consumer spending, world events, the emerging nature and rate of growth of the Internet and online commerce, and the various factors detailed below.</p><p>Second Quarter 2004 Guidance</p><ul><li>Second quarter net sales are expected to be between $1.34 billion and $1.44 billion, or grow between 22% and 31%, compared with second quarter 2003.</li><li>Consolidated segment operating income is expected to be between $85 million and $105 million, or grow between 27% and 56%, compared with second quarter 2003.</li><li>Operating income is expected to be between $65 million and $85 million, assuming, among other things, that the Company does not record any revisions to its restructuring-related estimates and that the closing price of Amazon.com common stock on June 30, 2004, is identical to the closing price of $43.28 on March 31, 2004.</li></ul><p>Full Year 2004 Expectations</p><ul><li>Net sales are expected to be between $6.45 billion and $6.85 billion.</li><li>Consolidated segment operating income is expected to be between $455 million and $535 million.</li><li>Operating income is expected to be between $380 million and $460 million, assuming, among other things, that the Company does not record any revisions to its restructuring-related estimates and that the closing price of Amazon.com common stock on December 31, 2004, is identical to the closing price of $43.28 on March 31, 2004.</li></ul><p>A conference call will be Webcast live today at 2 p.m. PT/5 p.m. ET and will be available at least through June 30, 2004, at www.amazon.com/ir. This call will contain forward-looking statements and other material information regarding the Company's financial and operating results.</p><p><em>These forward-looking statements are inherently difficult to predict. Actual results could differ materially for a variety of reasons, including, in addition to the factors discussed above, the amount that Amazon.com invests in new business opportunities and the timing of those investments; the mix of products sold to customers; the mix of net sales derived from products as compared with services; competition; risks of inventory management; the degree to which the Company enters into, maintains and develops commercial agreements and strategic transactions; seasonality; international growth and expansion; and risks of fulfillment throughput and productivity. Other risks and uncertainties include, among others, risk of future losses, significant amount of indebtedness, potential fluctuations in operating results, management of potential growth, system interruptions, consumer trends, fulfillment center optimization, limited operating history, government regulation and taxation, fraud and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2003, and all subsequent filings.</em></p><p>Financial Measures</p><p>The following measures are defined by the Securities and Exchange Commission as non-GAAP financial measures.</p><p><em>Free Cash Flow</em></p><p>Operating cash flow is net cash provided by (used in) operating activities, including cash outflows for interest and excluding proceeds from the exercise of stock-based employee awards. Free cash flow is operating cash flow less cash outflows for purchases of fixed assets, including internal-use software and website development. A tabular reconciliation of differences from the comparable GAAP measure—operating cash flow—is included in the attached "Supplemental Financial Information and Business Metrics."</p><p><em>Consolidated Segment Operating Income</em></p><p>Consolidated segment operating income is the sum of segment operating income of our individual segments and excludes the following line items on the Company's statements of operations:</p><ul><li>Stock-based compensation, and</li><li>Other operating expense (income).</li></ul><p>A tabular reconciliation of differences from the comparable GAAP measure—operating income—is included in the attached "Pro Forma Statements of Operations."</p><p><em>Pro Forma Net Income</em></p>Pro forma net income excludes the following line items on the Company's statements of operations:<ul><li>Stock-based compensation,</li><li>Other operating expense (income), and</li><li>Remeasurements and other.</li></ul><p>A tabular reconciliation of differences from the comparable GAAP measure—net income (loss)—is included in the attached "Pro Forma Statements of Operations."</p><p>For additional information regarding these non-GAAP financial measures, see Exhibit 99.2 to our Form 8-K filed contemporaneously with the issuance of this release.</p><p>About Amazon.com</p><p>Amazon.com, a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, kids and baby, and home and garden.</p><p>Amazon.com operates six websites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp and www.amazon.ca.</p></td></tr><tr><td>Back to top of Page<div>Statement of Cash Flows</div></td></tr><tr><td><div>Back to top of Page<div>Statement of Operations</div></div></td></tr><tr><td><div>Back to top of Page<div>Pro Forma Statement of Operations</div></div></td></tr><tr><td>Back to top of Page</td></tr><tr><td><div>Segment Information</div></td></tr><tr><td>Back to top of Page</td></tr><tr><td><blockquote><div>Supplemental Revenue Information</div></blockquote></td></tr><tr><td>Back to top of Page</td></tr><tr><td><blockquote><div>Balance Sheets</div></blockquote></td></tr><tr><td><div>Back to top of Page</div></td></tr><tr><td><blockquote><div>Supplemental Financial Information and Business Metrics</div></blockquote></td></tr><tr><td><div>Back to top of Page</div></td></tr><tr><td><div>Operational Highlights</div></td></tr><tr><td><p>AMAZON.COM, INC.Financial and Operational Highlights(unaudited)</p><p>Quarterly Results of Operations (comparisons are with the equivalent period of the prior year, unless otherwise stated)</p><p><em>Net Sales</em></p><ul><li>As our financial reporting currency is the U.S. Dollar, our total revenue, profit, and operating and free cash flow has recently benefited significantly from weakness in the U.S. Dollar in comparison to the currencies of our international websites. While we believe that our increasing diversification beyond the U.S. economy through our international businesses benefits our shareholders, it is important to evaluate our growth rates after the effect of currency changes.</li><li>Shipping revenue, which excludes amounts earned from third-party sellers, was approximately $94 million, up 20% from $78 million.</li></ul><p><em>Gross Profit</em></p><ul><li>Gross profit benefited by approximately $17 million from changes in foreign exchange rates compared with first quarter 2003.</li><li>Net shipping cost was approximately $43 million, up from a cost of $27 million, as a result of our free shipping offers. We view our shipping offers as an effective marketing tool and intend to continue offering them.</li></ul><p><em>Fulfillment</em></p><ul><li>Fulfillment costs represent those costs incurred in operating and staffing our fulfillment and customer service centers, credit card fees and bad debt costs, including costs associated with our guarantee for certain third-party seller transactions. Fulfillment costs also include amounts paid to third parties, who assist us in fulfillment and customer service operations.</li><li>Costs incurred in operating and staffing our fulfillment and customer service centers on behalf of other businesses, such as Toysrus.com and Target, are classified as cost of sales rather than fulfillment.</li><li>Credit card fees associated with third-party seller transactions are based on the gross purchase price of underlying transactions, and therefore represent a larger percentage of our recorded commission revenue than credit card fees on our retail sales. Accordingly, this negatively affects fulfillment as a percentage of net sales.</li></ul><p><em>Stock-Based Compensation</em></p><ul><li>We granted less than a half million stock awards during the quarter at a weighted average fair value of $47.</li><li>Stock-based awards generally vest over service periods of between three to six years.</li><li>At March 31, 2004, there were 27 million stock awards outstanding, which are excluded from common stock outstanding, consisting of 23 million stock options ($13 average exercise price) and 4 million restricted stock units. Additionally, 1 million shares of restricted stock are included in common stock outstanding.</li><li>Since October 2002, we have awarded restricted stock units as our primary form of stock-based compensation. Restricted stock units, under fixed accounting, are generally measured at fair value on the date of grant based on the number of shares granted and the quoted price of our common stock. Such value is recognized as an expense over the corresponding service period. To the extent that restricted stock units are forfeited prior to vesting, the corresponding previously recognized expense is reversed as an offset to stock-based compensation.</li><li>At March 31, 2004, 1 million stock awards were subject to variable accounting. Stock option grants after December 31, 2002, are subject to variable accounting treatment. Variable accounting treatment results in expense or contra-expense recognition using the cumulative expense method, calculated based on the quoted price of our common stock and vesting schedules of underlying awards. For example, since the closing price of our common stock on March 31, 2004, was less than the closing price on December 31, 2003, we recorded a contra-expense associated with variable accounting treatment for the first quarter of 2004.</li><li>Stock-based compensation consisted of $3 million contra-expense for stock awards under variable accounting and $10 million for stock awards under fixed accounting. "Stock-based compensation" includes matching stock contributions under our 401(k) program but excludes payroll tax expense resulting from exercises of stock-based awards.</li></ul><p><em>Other Operating Expense (Income)</em></p><ul><li>Included in "Other operating expense (income)" are restructuring-related expenses and amortization of other intangibles.</li><li>Our first quarter 2001 operational restructuring plan is complete; however, we may periodically adjust our restructuring-related estimates in the future, such as lease obligations, if necessary.</li><li>During the first quarter we determined that some of the office space previously vacated as part of our 2001 restructuring, which we had been unable to sublease due to poor real estate market conditions, was necessary for our future needs. Future lease payments for this office space will be expensed over the lease period and classified to the corresponding operating expense categories on the consolidated statements of operations.</li><li>Cash payments resulting from our operational restructuring were $2 million, compared with $16 million in first quarter 2003.</li><li>We estimate, based on currently available information, the remaining net cash outflows associated with restructuring-related leases and other commitments will be $4 million in 2004, and $23 million thereafter. Amounts due within 12 months are included within "Accrued expenses and other current liabilities" and the remaining amounts within "Long-term debt and other" on our balance sheet. These amounts are net of anticipated sublease income of approximately $33 million (we have signed sublease agreements for $14 million).</li></ul><p><em>Remeasurements and Other</em></p><ul><li>"Remeasurements and other" primarily consisted of foreign-currency gains on remeasurement of 6.875% PEACS from Euros to U.S. Dollars of $20 million, compared with a loss of $25 million in first quarter 2003.</li><li>Other includes a $3 million loss from remeasurement of intercompany balances, corresponding with a decision reached during the fourth quarter of 2003 that intercompany balances denominated in foreign currencies would be repaid amongst subsidiaries. Also, during the first quarter, approximately $135 million of these balances were repaid among the entities.</li><li>In connection with our February 2004 $150 million redemption of our 4.75% Convertible Subordinated Notes due 2009, we recorded a charge of $6 million, consisting of a $4 million (2.375%) premium and approximately $2 million of remaining deferred issuance charges.</li><li>Other also includes a gain of $6 million relating to the settlement of a contractual dispute.</li><li>In April 2004, we entered into an agreement to sell one of our equity investments. At closing, which is anticipated in the second quarter of 2004, we expect to record a gain of approximately $14 million classified in "Remeasurements and other."</li></ul><p><em>Income Taxes</em></p><ul><li>At March 31, 2004, we had net operating loss carryforwards (NOLs) of approximately $2.8 billion primarily related to U.S. federal taxes. Utilization of NOLs, which begin to expire at various times starting in 2010, may be subject to certain limitations. Approximately $1.7 billion of our NOLs relate to tax deductible stock-based compensation in excess of amounts recognized for financial reporting purposes—to the extent that any of this amount is realized for tax purposes but not financial reporting purposes, the resulting tax benefits will be credited to stockholders' equity, rather than results of operations.</li></ul><p><em>Net Income (Loss)</em></p><ul><li>We do not believe that our reported net income for the quarter ended March 31, 2004, should be viewed, on its own, as a material positive event or should be considered predictive of future results. For example, we are unable to forecast the effect on our future reported results of certain items, including the effect that fluctuations in foreign currency rates will have on the remeasurement of our 6.875% PEACS and intercompany balances. Additionally, we are unable to forecast the effect on stock-based compensation of changes in the quoted price of our common stock due to variable accounting treatment. The remeasurement of our 6.875% PEACS represented significant gains during the quarter and may result in significant charges or gains in future periods.</li></ul><p>Cash Flows and Balance Sheet</p><ul><li>Operating cash flows and free cash flows can be volatile and are sensitive to many factors, including changes in working capital. Working capital at any specific point in time is subject to many variables, including world events, seasonality, the timing of expense payments, discounts offered by vendors, vendor payment terms and fluctuations in foreign exchange rates.</li><li>Our cash, cash equivalents and marketable securities of $998 million, at fair value, primarily consist of cash, commercial paper and short-term securities, U.S. Treasury notes and bonds, asset-backed and agency securities, and certificates of deposit. Included is amounts held in foreign currencies of $578 million, primarily in Euros and British Pounds.</li><li>We have pledged approximately $86 million of our marketable securities as collateral for property leases and other contractual obligations, compared with $105 million as of March 31, 2003.</li><li>"Other assets" includes, among other things, deferred issuance costs on long-term debt, intangibles and other equity investments.</li><li>"Unearned revenue" is recorded when payments are received from third parties in advance of our providing the associated service.</li><li>"Accrued expenses and other current liabilities" includes, among other things, liabilities for gift certificates, marketing activities, and workforce costs, including accrued payroll, vacation, and other benefits.</li><li>"Long-term debt and other" primarily includes the following (in millions): </li></ul><table><tbody><tr><td><div>Principal<u>at Maturity</u></div></td><td><div>Interest <u>Rate</u></div></td><td><div>Principal<u>Due Date</u></div></td></tr><tr><td>Convertible Subordinated Notes..........</td><td><div>$ 900 (1)</div></td><td><div>4.750%</div></td><td><div>February 2009</div></td></tr><tr><td>PEACS...........................................</td><td><div><u>849 </u>(2)</div></td><td><div>6.875%</div></td><td><div>February 2010</div></td></tr></tbody></table><p>________(1) Convertible at the holders' option into our common stock at $78.0275 per share. We have the right to redeem the Convertible Subordinated Notes, in whole or in part, at a redemption price of 102.375% of the principal, which decreases every February by 47.5 basis points until maturity, plus any accrued and unpaid interest. In February 2004 we redeemed $150 million of our 4.75% Convertible Subordinated Notes.(2) EUR 690 million principal amount, convertible at the holders' option into our common stock at EUR 84.883 ($104 at March 31, 2004) per share. We have the right to redeem the PEACS, in whole or in part, by paying the EUR 690 million, plus any accrued and unpaid interest. We do not hedge any portion of the PEACS. The U.S. Dollar equivalent principal, interest and conversion price fluctuates based on the Euro/U.S. Dollar exchange ratio.(3) The "if converted" number of shares associated with each of our convertible debt instruments (approximately 20 million total shares) are excluded from diluted shares as their effect is anti-dilutive.Certain Definitions and Other</p><ul><li>We present segment information along two lines: North America and International. We measure operating results of our segments using an internal performance measure of direct segment operating expenses that excludes stock-based compensation and other operating expenses (income), each of which is not allocated to segment results. Other centrally incurred operating costs are fully allocated to segment results. Our operating results, particularly for the International segment, are affected by movements in foreign exchange rates.</li><li>The North America segment consists of amounts earned from retail sales of consumer products (including from third-party sellers) through <em>www.amazon.com</em> and <em>www.amazon.ca</em>; from North America focused Syndicated Stores, such as <em>www.cdnow.com</em>; from our mail-order tool catalog; and from non-retail activities such as North America focused Merchant.com, marketing and promotional agreements.</li><li>The International segment consists of amounts earned from retail sales of consumer products (including from third-party sellers) through <em>www.amazon.co.uk</em>, <em>www.amazon.de</em>, <em>www.amazon.fr</em> and <em>www.amazon.co.jp</em>; from internationally focused Syndicated Stores; and from non-retail activities such as internationally focused marketing and promotional agreements. This segment includes export sales from <em>www.amazon.co.uk</em>, <em>www.amazon.de</em>, <em>www.amazon.fr </em>and <em>www.amazon.co.jp</em> (including export sales from these sites to customers in the U.S. and Canada), but excludes export sales from <em>www.amazon.com</em> and <em>www.amazon.ca</em>.</li><li>We provide supplemental revenue information within each segment for three categories: "Media", "Electronics and other general merchandise" and "Other." Media consists of amounts earned from retail sales from all sellers of books, music, DVD/video, magazine subscriptions, software, video games and video game consoles. Electronics and other general merchandise consists of amounts earned from retail sales from all sellers of items not included in Media, such as electronics and office, kids and baby, home and garden, apparel, sports and outdoors, gourmet food, jewelry, and health and personal care. The Other category consists of non-retail activities, such as the Merchant.com program and miscellaneous marketing and promotional activities.</li><li>Operating cycle is number of days of sales in inventory plus number of days of sales in accounts receivable minus accounts payable days. Inventory turnover is the quotient of annualized cost of sales to average inventory. Accounts payable days is calculated as the quotient of accounts payable to cost of sales, multiplied by the number of days in the period.</li><li>References to customers mean customer accounts, which are unique e-mail addresses, established either when a customer's initial order is shipped or when a customer orders from certain third-party sellers on our websites. Customer accounts include customers of Amazon Marketplace, Auctions and zShops and our Merchants@ and Syndicated Stores Programs, but exclude Merchant.com Program customers, Amazon.com Payments customers, our catalog customers and the customers of select companies with whom we have a technology alliance or marketing and promotional relationships. A customer is considered active upon placing an order.</li><li>References to units mean units sold (net of returns and cancellations) by us and third-party sellers at Amazon.com domains worldwide—such as <em>www.amazon.com</em>, <em>www.amazon.ca</em>, <em>www.amazon.fr</em>, <em>www.amazon.co.uk</em>, <em>www.amazon.de</em> and <em>www.amazon.co.jp</em>—and at Syndicated Stores domains, as well as Amazon.com-owned items sold at non-Amazon.com domains, such as books, music and DVD/video items ordered from Amazon.com's store at <em>www.target.com</em>. Units do not include Amazon.com gift certificates.</li></ul><p>Contacts:</p><p>Amazon.com Investor Relations Amazon.com Public RelationsTim Stone, 206/266-2171, ir@amazon.com Patty Smith, 206/266-7180www.amazon.com/ir</p></td></tr></tbody></table> |
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Amazon.com Launches Jewelry Store -- Commits to Industry-Leading Prices for High-Quality Merchandise | /news/news-details/2004/Amazon.com-Launches-Jewelry-Store----Commits-to-Industry-Leading-Prices-for-High-Quality-Merchandise/default.aspx | Amazon.com-Launches-Jewelry-Store----Commits-to-Industry-Leading-Prices-for-High-Quality-Merchandise | 4,757 | 04/22/2004 00:00:00 | Amazon.com Launches Jewelry Store -- Commits to Industry-Leading Prices for High-Quality Merchandise | 04/22/2004 | 2004 | SEATTLE--April 22, 2004--Amazon Services, Inc., an Amazon.com (Nasdaq:AMZN) company, today announced the grand opening of its new Jewelry Store (www.amazon.com/jewelry) -- a single shopping destination committed to offering low prices on a large selection of high-quality rings, necklaces, pendants, bracelets, earrings and watches. Amazon.com is providing a Web site feature that makes it easy for customers to inform Amazon.com if they find a lower price on a comparable product from another reputable seller. If a lower price is verified, Amazon.com will reduce its price on its Web site to benefit all customers -- not just the customer reporting the lower price.
"We are thrilled to offer Amazon.com customers an unparalleled jewelry shopping experience by making it easy to find and discover the finest jewelry at lower prices than other retailers -- online or offline," said Eric Broussard, vice president, Amazon.com Jewelry. "Our goal is to bring to jewelry the same trusted shopping experience that customers have come to expect from Amazon.com."
Traditionally, jewelry product margins are high, in order to cover the costs of holding inventory, renting store space, and providing display cases, a professional sales force and security. Because Amazon.com does not incur many of these costs, the company is able to significantly reduce the margin on its products. While the average margin in jewelry retailing is approximately 45 to 50 percent, Amazon.com targets substantially lower margins on jewelry sales, and lower still -- about 13 percent -- on diamond jewelry.
Each piece of jewelry sold by Amazon.com is inspected by jewelry professionals to verify quality attributes and ensure an excellent product. Customers will find detailed product specifications about the gemstones, settings and metal stamps. Amazon.com also offers a "Create a Diamond Ring" feature with which customers can find the right diamond engagement ring based on their choices of diamond shape, carat size, color/clarity and setting style. A Learning Center provides buying guides for pearls, diamonds, precious metals and watches. Many of the diamonds and gemstones in the store are independently certified to be a specific cut, clarity, color, shape and weight. Finally, the store provides all of the tools and helpful information that Amazon.com customers know and love, such as Customer Reviews, Top Sellers, So You'd Like To, and Listmania.
The Amazon.com Jewelry Store offers a selection of more than 75,000 unique items, including sterling silver, blue topaz earrings for $15, and a platinum, radiant-cut diamond necklace totaling 31.74 carats for $93,000.
To provide this large breadth of selection, Amazon.com has teamed with jewelry merchants and designers to offer fine jewelry, fashion jewelry, designer jewelry, casual watches, sport watches, luxury timepieces and accessories.
About Amazon.com Jewelry
Amazon.com's Jewelry Store (www.amazon.com/jewelry) provides the easiest way for customers to find, discover and buy high-quality jewelry and watches at industry-leading prices. As part of the store's high-quality standards, customers will find detailed product specifications, independent certifications, a Learning Center and a Create a Diamond Ring feature all in one convenient destination. The store also features merchandise from merchant partners including Fortunoff, Ice.com, Kane Marie Fine Arts Gallery, Luxuria, Mondera and others.
About Amazon.com
Amazon.com, a Fortune 500 company based in Seattle, opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and sellers offer millions of unique new and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, kids and baby, and home and garden.
Amazon.com operates six Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp and www.amazon.ca.
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, commercial agreements and strategic alliances, seasonality, potential fluctuations in operating results and rate of growth, foreign exchange rates, management of potential growth, system interruption, international expansion, consumer trends, inventory, fulfillment center optimization, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2003, and all subsequent filings. | <p>SEATTLE--April 22, 2004--Amazon Services, Inc., an Amazon.com (Nasdaq:AMZN) company, today announced the grand opening of its new Jewelry Store (www.amazon.com/jewelry) -- a single shopping destination committed to offering low prices on a large selection of high-quality rings, necklaces, pendants, bracelets, earrings and watches. Amazon.com is providing a Web site feature that makes it easy for customers to inform Amazon.com if they find a lower price on a comparable product from another reputable seller. If a lower price is verified, Amazon.com will reduce its price on its Web site to benefit all customers -- not just the customer reporting the lower price.</p><p>"We are thrilled to offer Amazon.com customers an unparalleled jewelry shopping experience by making it easy to find and discover the finest jewelry at lower prices than other retailers -- online or offline," said Eric Broussard, vice president, Amazon.com Jewelry. "Our goal is to bring to jewelry the same trusted shopping experience that customers have come to expect from Amazon.com."</p><p>Traditionally, jewelry product margins are high, in order to cover the costs of holding inventory, renting store space, and providing display cases, a professional sales force and security. Because Amazon.com does not incur many of these costs, the company is able to significantly reduce the margin on its products. While the average margin in jewelry retailing is approximately 45 to 50 percent, Amazon.com targets substantially lower margins on jewelry sales, and lower still -- about 13 percent -- on diamond jewelry.</p><p>Each piece of jewelry sold by Amazon.com is inspected by jewelry professionals to verify quality attributes and ensure an excellent product. Customers will find detailed product specifications about the gemstones, settings and metal stamps. Amazon.com also offers a "Create a Diamond Ring" feature with which customers can find the right diamond engagement ring based on their choices of diamond shape, carat size, color/clarity and setting style. A Learning Center provides buying guides for pearls, diamonds, precious metals and watches. Many of the diamonds and gemstones in the store are independently certified to be a specific cut, clarity, color, shape and weight. Finally, the store provides all of the tools and helpful information that Amazon.com customers know and love, such as Customer Reviews, Top Sellers, So You'd Like To, and Listmania.</p><p>The Amazon.com Jewelry Store offers a selection of more than 75,000 unique items, including sterling silver, blue topaz earrings for $15, and a platinum, radiant-cut diamond necklace totaling 31.74 carats for $93,000.</p><p>To provide this large breadth of selection, Amazon.com has teamed with jewelry merchants and designers to offer fine jewelry, fashion jewelry, designer jewelry, casual watches, sport watches, luxury timepieces and accessories.</p><p>About Amazon.com Jewelry</p><p>Amazon.com's Jewelry Store (www.amazon.com/jewelry) provides the easiest way for customers to find, discover and buy high-quality jewelry and watches at industry-leading prices. As part of the store's high-quality standards, customers will find detailed product specifications, independent certifications, a Learning Center and a Create a Diamond Ring feature all in one convenient destination. The store also features merchandise from merchant partners including Fortunoff, Ice.com, Kane Marie Fine Arts Gallery, Luxuria, Mondera and others.</p><p>About Amazon.com</p><p>Amazon.com, a Fortune 500 company based in Seattle, opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and sellers offer millions of unique new and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, kids and baby, and home and garden.</p><p>Amazon.com operates six Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp and www.amazon.ca.</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, commercial agreements and strategic alliances, seasonality, potential fluctuations in operating results and rate of growth, foreign exchange rates, management of potential growth, system interruption, international expansion, consumer trends, inventory, fulfillment center optimization, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2003, and all subsequent filings.</p> |
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ADVISORY/Christy Turlington Delivers Exclusive Video Message On Amazon.com | /news/news-details/2004/ADVISORY-Christy-Turlington-Delivers-Exclusive-Video-Message-On-Amazon.com/default.aspx | ADVISORY-Christy-Turlington-Delivers-Exclusive-Video-Message-On-Amazon.com | 4,758 | 04/14/2004 00:00:00 | ADVISORY/Christy Turlington Delivers Exclusive Video Message On Amazon.com | 04/14/2004 | 2004 | WHAT:On the heels of the mahanuala launch, a new line of technically-focused yoga apparel, footwear and accessories from PUMA(R) and Christy Turlington Burns available online exclusively at Amazon.com, Amazon Services today unveiled a special video message from Christy Turlington Burns to Amazon customers.In the exclusive video message, recorded at the recent invitation-only mahanuala launch event in New York, Christy welcomes customers to the mahanuala boutique at Amazon.com (www.amazon.com/mahanuala) and shares the inspiration behind the mahanuala collection. In addition to the exclusive video message, the mahanuala boutique features yoga tips and insights from Christy, mahanuala's creative director.WHY:Christy Turlington Burns and PUMA have selected Amazon as the exclusive online sales channel for mahanuala so that women everywhere can easily find, discover and buy the complete line of mahanuala performance apparel and cover ups, footwear and accessories the Amazon way -- easy navigation, a single shopping cart, and ordering and payment information already on file.WHEN:Beginning today, Amazon customers who visit Amazon's Apparel & Accessories store can access Christy Turlington Burns' exclusive video message. As an added bonus, PUMA is offering free shipping on all mahanuala orders on the Amazon Apparel store through the end of April. PUMA will also be donating 2% of the proceeds from the first month of mahanuala sales on Amazon to benefit Tibet House US. Tibet House is an organization dedicated to the proposition that the wisdom and arts of all human civilizations vitally enrich the emerging global culture.WHERE:To view this exclusive video message from Christy Turlington Burns, go to www.amazon.com/apparel.
For more information or to arrange an interview, contact: Amazon Services Media Relations, 206-266-7180
About Christy Turlington Burns
Entrepreneur, anti-smoking activist and fashion icon, Christy Turlington Burns is widely recognized as a prominent voice for yoga and a healthier way of life. Christy's long term interest in yoga has culminated in the creation of a number of successful businesses -- nuala (a lifestyle apparel brand), mahanuala (technically focused yoga apparel) and Sundari (an ayurvedic skincare company). She is the author of the best selling book Living Yoga: Creating A Life Practice.
About PUMA
PUMA(R) is the global athletic brand that successfully fuses influences from sport, lifestyle and fashion. PUMA's unique industry perspective delivers the unexpected in sportlifestyle footwear, apparel and accessories, through technical innovation and revolutionary design. Established in Herzogenaurach, Germany in 1948, PUMA distributes products in over 80 countries. For further information please visit www.puma.com.
About Amazon's Apparel & Accessories Store
Launched in November 2002, Amazon's Apparel & Accessories store (www.amazon.com/apparel) provides the easiest way for customers to find, discover and buy apparel and accessories from more 2,000 brands -- with easy navigation, a single shopping cart, customer reviews, detailed product photos, and other helpful information -- in one convenient destination.
About Amazon.com
Amazon.com, a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, kids and baby, and home and garden.
Amazon.com operates six Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp and www.amazon.ca.
About Amazon Services, Inc
Amazon Services is a subsidiary of Amazon.com, Inc created in order to make the technology and services that power Amazon.com available to retailers seeking a world-class, cost effective e-commerce offering to their customers. Amazon Services offers its merchant partners use of Amazon's leading e-commerce Web site technology, best-in-class fulfillment and customer service, and access to tens of millions of visitors per month. The creation of Amazon Services now allows the company to focus additional resources on helping more retailers. | <p>WHAT:On the heels of the mahanuala launch, a new line of technically-focused yoga apparel, footwear and accessories from PUMA(R) and Christy Turlington Burns available online exclusively at Amazon.com, Amazon Services today unveiled a special video message from Christy Turlington Burns to Amazon customers.In the exclusive video message, recorded at the recent invitation-only mahanuala launch event in New York, Christy welcomes customers to the mahanuala boutique at Amazon.com (www.amazon.com/mahanuala) and shares the inspiration behind the mahanuala collection. In addition to the exclusive video message, the mahanuala boutique features yoga tips and insights from Christy, mahanuala's creative director.WHY:Christy Turlington Burns and PUMA have selected Amazon as the exclusive online sales channel for mahanuala so that women everywhere can easily find, discover and buy the complete line of mahanuala performance apparel and cover ups, footwear and accessories the Amazon way -- easy navigation, a single shopping cart, and ordering and payment information already on file.WHEN:Beginning today, Amazon customers who visit Amazon's Apparel & Accessories store can access Christy Turlington Burns' exclusive video message. As an added bonus, PUMA is offering free shipping on all mahanuala orders on the Amazon Apparel store through the end of April. PUMA will also be donating 2% of the proceeds from the first month of mahanuala sales on Amazon to benefit Tibet House US. Tibet House is an organization dedicated to the proposition that the wisdom and arts of all human civilizations vitally enrich the emerging global culture.WHERE:To view this exclusive video message from Christy Turlington Burns, go to www.amazon.com/apparel.</p><p>For more information or to arrange an interview, contact: Amazon Services Media Relations, 206-266-7180</p><p>About Christy Turlington Burns</p><p>Entrepreneur, anti-smoking activist and fashion icon, Christy Turlington Burns is widely recognized as a prominent voice for yoga and a healthier way of life. Christy's long term interest in yoga has culminated in the creation of a number of successful businesses -- nuala (a lifestyle apparel brand), mahanuala (technically focused yoga apparel) and Sundari (an ayurvedic skincare company). She is the author of the best selling book Living Yoga: Creating A Life Practice.</p><p>About PUMA</p><p>PUMA(R) is the global athletic brand that successfully fuses influences from sport, lifestyle and fashion. PUMA's unique industry perspective delivers the unexpected in sportlifestyle footwear, apparel and accessories, through technical innovation and revolutionary design. Established in Herzogenaurach, Germany in 1948, PUMA distributes products in over 80 countries. For further information please visit www.puma.com.</p><p>About Amazon's Apparel & Accessories Store</p><p>Launched in November 2002, Amazon's Apparel & Accessories store (www.amazon.com/apparel) provides the easiest way for customers to find, discover and buy apparel and accessories from more 2,000 brands -- with easy navigation, a single shopping cart, customer reviews, detailed product photos, and other helpful information -- in one convenient destination.</p><p>About Amazon.com</p><p>Amazon.com, a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, kids and baby, and home and garden.</p><p>Amazon.com operates six Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp and www.amazon.ca.</p><p>About Amazon Services, Inc</p><p>Amazon Services is a subsidiary of Amazon.com, Inc created in order to make the technology and services that power Amazon.com available to retailers seeking a world-class, cost effective e-commerce offering to their customers. Amazon Services offers its merchant partners use of Amazon's leading e-commerce Web site technology, best-in-class fulfillment and customer service, and access to tens of millions of visitors per month. The creation of Amazon Services now allows the company to focus additional resources on helping more retailers.</p> |
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Myrtle S. Potter Elected to Amazon.com Board of Directors | /news/news-details/2004/Myrtle-S.-Potter-Elected-to-Amazon.com-Board-of-Directors/default.aspx | Myrtle-S.-Potter-Elected-to-Amazon.com-Board-of-Directors | 4,759 | 04/12/2004 00:00:00 | Myrtle S. Potter Elected to Amazon.com Board of Directors | 04/12/2004 | 2004 | SEATTLE--April 12, 2004--Myrtle S. Potter, President of Commercial Operations for Genentech, Inc., (NYSE:DNA) has been elected to serve on Amazon.com's (Nasdaq:AMZN) board of directors.
Potter becomes the seventh board member and sixth independent member to sit on Amazon.com's board of directors.
"Myrtle's expertise in operations, and her dedication to developing innovative products to improve people's lives, makes her an outstanding addition to our board of directors," said Jeff Bezos, founder and CEO of Amazon.com.
"Amazon.com has never forgotten that the customer comes first," said Potter. "The company remains focused on delivering lower prices, expanding free shipping, and providing greater selection, and I'm delighted to join the Amazon board."
Potter joined Genentech, Inc. in 2000 as executive vice president and chief operating officer for the San Francisco-based company. Prior to joining Genentech, Potter was president of Bristol-Myers Squibb's U.S. Cardiovascular/Metabolics business unit. Potter joined Bristol-Myers Squibb in 1996 as vice president, strategy and economics.
Potter is a member of Genentech's executive committee and holds a Bachelor of Arts degree from the University of Chicago.
About Amazon.com
Amazon.com, a Fortune 500 company based in Seattle, opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and sellers list millions of unique new and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, kids and baby and home and garden.
Amazon.com operates six Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp and www.amazon.ca.
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, commercial agreements and strategic alliances, seasonality, potential fluctuations in operating results and rate of growth, foreign exchange rates, management of potential growth, system interruption, international expansion, consumer trends, inventory, fulfillment center optimization, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2003, and all subsequent filings. | <p>SEATTLE--April 12, 2004--Myrtle S. Potter, President of Commercial Operations for Genentech, Inc., (NYSE:DNA) has been elected to serve on Amazon.com's (Nasdaq:AMZN) board of directors.</p><p>Potter becomes the seventh board member and sixth independent member to sit on Amazon.com's board of directors.</p><p>"Myrtle's expertise in operations, and her dedication to developing innovative products to improve people's lives, makes her an outstanding addition to our board of directors," said Jeff Bezos, founder and CEO of Amazon.com.</p><p>"Amazon.com has never forgotten that the customer comes first," said Potter. "The company remains focused on delivering lower prices, expanding free shipping, and providing greater selection, and I'm delighted to join the Amazon board."</p><p>Potter joined Genentech, Inc. in 2000 as executive vice president and chief operating officer for the San Francisco-based company. Prior to joining Genentech, Potter was president of Bristol-Myers Squibb's U.S. Cardiovascular/Metabolics business unit. Potter joined Bristol-Myers Squibb in 1996 as vice president, strategy and economics.</p><p>Potter is a member of Genentech's executive committee and holds a Bachelor of Arts degree from the University of Chicago.</p><p>About Amazon.com</p><p>Amazon.com, a Fortune 500 company based in Seattle, opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and sellers list millions of unique new and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, kids and baby and home and garden.</p><p>Amazon.com operates six Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp and www.amazon.ca.</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, commercial agreements and strategic alliances, seasonality, potential fluctuations in operating results and rate of growth, foreign exchange rates, management of potential growth, system interruption, international expansion, consumer trends, inventory, fulfillment center optimization, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2003, and all subsequent filings.</p> |
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Amazon.ca Lowers Prices Again with 30% off Hundreds of Thousands of Books Over $25 | /news/news-details/2004/Amazon.ca-Lowers-Prices-Again-with-30-off-Hundreds-of-Thousands-of-Books-Over-25/default.aspx | Amazon.ca-Lowers-Prices-Again-with-30-off-Hundreds-of-Thousands-of-Books-Over-25 | 4,760 | 04/06/2004 00:00:00 | Amazon.ca Lowers Prices Again with 30% off Hundreds of Thousands of Books Over $25 | 04/06/2004 | 2004 | SEATTLE -- April 6, 2004 -- As part of its ongoing commitment to lowering prices for customers, leading online retailer Amazon.ca (www.amazon.ca) today unveiled a new, everyday low price offer on hundreds of thousands of Canada's most popular books.
Amazon.ca announced it is extending its previous offer of 30 percent off books over $30 to include books priced at $25 or more, making more than 250,000 books available to customers at a 30 percent discount. Amazon.ca has offered customers 30 percent off books $30 or more since its June 2002 launch.
Thirty-percent off books over $25 is not a seasonal or limited-time promotion, but an ongoing, 365-days-a-year offer that dramatically increases the savings available to Amazon.ca customers on both hardcover and paperback books across a wide range of genres. Examples of current topselling books now available at lower prices include:
Dime Store Magic, by Kelley Armstrong, now $17.47 (30% savings)
Eragon: Inheritance, Book I, by Christopher Paolini, now $20.27 (30% savings)
Living the G.I. Diet: Delicious Recipes and Real-Life Strategies to Lose Weight and Keep it Off, by Rick Gallop, now $17.47 (30% savings)
Nice Girls Don't Get the Corner Office: 101 Unconscious Mistakes Women Make That Sabotage Their Careers, by Lois P. Frankel, now $20.97 (30% savings)
The Automatic Millionaire: Canadian Edition: A Powerful One-Step Plan to Live and Finish Rich, by David Bach, now $20.97 (30% savings)
The Heart Is an Involuntary Muscle, by Monique Proulx, now $17.47 (30% savings)
The Myth of Ability: Nurturing Mathematical Ability in Every Child, by John Mighton, now $17.47 (30% savings)
Vernon God Little, by D.B.C. Pierre, now $17.50 (30% savings)
"At Amazon.ca we are continually working to lower prices for Canadians," said Marven Krug, general manager, Amazon.ca. "With today's announcement, we are extending the savings already available on Amazon.ca, which include 40 percent off Globe and Mail bestsellers and Free Super Saver Shipping on orders of $39 or more, to also include 30 percent off books over $25 so that customers can save even more money shopping at Amazon.ca."
In June 2002, Amazon.ca launched with free shipping on orders over $75, 30 percent off books over $30 and up to 30 percent off DVD pre-orders and bestsellers. Since then the online retailer has introduced several additional, everyday discounts for customers, including 40 percent off Globe and Mail bestsellers, Free Super Saver Shipping on orders of $39 or more, and $14.99 or less on thousands of CDs. Amazon.ca is now extending its 30 percent discount on books to include books over $25. Amazon.ca also offers customers everyday low prices on software titles and computer and video games and accessories.
About Amazon.ca
Amazon.ca (www.amazon.ca) is part of the global family of Amazon Web sites that have become known for great prices, selection and convenience. Amazon.ca customers can find and discover millions of English and French books, CDs, videos and DVDs as well as a vast array of software, video games and consoles – all at everyday low prices. Amazon.ca also offers Free Super Saver Shipping, available on orders of $39 or more delivered to the same Canadian address. Amazon.ca sources products directly from Canadian publishers and distributors, ensuring a rich offering of Canadian titles and content. Features such as original editorial reviews in English and French and product recommendations help Amazon.ca customers find the right products for them among the site's broad selection. Through Amazon Marketplace, Amazon.ca customers can conveniently buy and sell used, new and collectible merchandise on the same pages where Amazon.ca sells those items new.
To ensure all orders are delivered to customers quickly and efficiently, Amazon.ca works with Canada Post, one of the world's most progressive postal companies. Orders placed at Amazon.ca are fulfilled and shipped from within Canada by Assured Logistics, a part of the Canada Post Group of Companies.
Amazon.ca is the trading name of Amazon.com.ca, Inc., an affiliate of Amazon.com, Inc.
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, commercial agreements and strategic alliances, seasonality, potential fluctuations in operating results and rate of growth, foreign exchange rates, management of potential growth, system interruption, international expansion, consumer trends, inventory, fulfillment center optimization, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2003, and all subsequent filings.
To schedule an interview with an Amazon.ca representative please contact:
Victoria KirkNATIONAL Public Relations416-586-0180vkirk@national.ca | <p>SEATTLE -- April 6, 2004 -- As part of its ongoing commitment to lowering prices for customers, leading online retailer Amazon.ca (www.amazon.ca) today unveiled a new, everyday low price offer on hundreds of thousands of Canada's most popular books.</p><p>Amazon.ca announced it is extending its previous offer of 30 percent off books over $30 to include books priced at $25 or more, making more than 250,000 books available to customers at a 30 percent discount. Amazon.ca has offered customers 30 percent off books $30 or more since its June 2002 launch.</p><p>Thirty-percent off books over $25 is not a seasonal or limited-time promotion, but an ongoing, 365-days-a-year offer that dramatically increases the savings available to Amazon.ca customers on both hardcover and paperback books across a wide range of genres. Examples of current topselling books now available at lower prices include:</p><ul><li>Dime Store Magic, by Kelley Armstrong, now $17.47 (30% savings)</li><li>Eragon: Inheritance, Book I, by Christopher Paolini, now $20.27 (30% savings)</li><li>Living the G.I. Diet: Delicious Recipes and Real-Life Strategies to Lose Weight and Keep it Off, by Rick Gallop, now $17.47 (30% savings)</li><li>Nice Girls Don't Get the Corner Office: 101 Unconscious Mistakes Women Make That Sabotage Their Careers, by Lois P. Frankel, now $20.97 (30% savings)</li><li>The Automatic Millionaire: Canadian Edition: A Powerful One-Step Plan to Live and Finish Rich, by David Bach, now $20.97 (30% savings)</li><li>The Heart Is an Involuntary Muscle, by Monique Proulx, now $17.47 (30% savings)</li><li>The Myth of Ability: Nurturing Mathematical Ability in Every Child, by John Mighton, now $17.47 (30% savings)</li><li>Vernon God Little, by D.B.C. Pierre, now $17.50 (30% savings)</li></ul><p>"At Amazon.ca we are continually working to lower prices for Canadians," said Marven Krug, general manager, Amazon.ca. "With today's announcement, we are extending the savings already available on Amazon.ca, which include 40 percent off Globe and Mail bestsellers and Free Super Saver Shipping on orders of $39 or more, to also include 30 percent off books over $25 so that customers can save even more money shopping at Amazon.ca."</p><p>In June 2002, Amazon.ca launched with free shipping on orders over $75, 30 percent off books over $30 and up to 30 percent off DVD pre-orders and bestsellers. Since then the online retailer has introduced several additional, everyday discounts for customers, including 40 percent off Globe and Mail bestsellers, Free Super Saver Shipping on orders of $39 or more, and $14.99 or less on thousands of CDs. Amazon.ca is now extending its 30 percent discount on books to include books over $25. Amazon.ca also offers customers everyday low prices on software titles and computer and video games and accessories.</p><p>About Amazon.ca</p><p>Amazon.ca (www.amazon.ca) is part of the global family of Amazon Web sites that have become known for great prices, selection and convenience. Amazon.ca customers can find and discover millions of English and French books, CDs, videos and DVDs as well as a vast array of software, video games and consoles – all at everyday low prices. Amazon.ca also offers Free Super Saver Shipping, available on orders of $39 or more delivered to the same Canadian address. Amazon.ca sources products directly from Canadian publishers and distributors, ensuring a rich offering of Canadian titles and content. Features such as original editorial reviews in English and French and product recommendations help Amazon.ca customers find the right products for them among the site's broad selection. Through Amazon Marketplace, Amazon.ca customers can conveniently buy and sell used, new and collectible merchandise on the same pages where Amazon.ca sells those items new.</p><p>To ensure all orders are delivered to customers quickly and efficiently, Amazon.ca works with Canada Post, one of the world's most progressive postal companies. Orders placed at Amazon.ca are fulfilled and shipped from within Canada by Assured Logistics, a part of the Canada Post Group of Companies.</p><p>Amazon.ca is the trading name of Amazon.com.ca, Inc., an affiliate of Amazon.com, Inc.</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, commercial agreements and strategic alliances, seasonality, potential fluctuations in operating results and rate of growth, foreign exchange rates, management of potential growth, system interruption, international expansion, consumer trends, inventory, fulfillment center optimization, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2003, and all subsequent filings.</p><p>To schedule an interview with an Amazon.ca representative please contact:</p><p>Victoria KirkNATIONAL Public Relations416-586-0180vkirk@national.ca</p> |
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Amazon.com Announces "Best of 2005 List" | /news/news-details/2005/Amazon.com-Announces-Best-of-2005-List/default.aspx | Amazon.com-Announces-Best-of-2005-List | 4,515 | 12/29/2005 20:19:00 | Amazon.com Announces "Best of 2005 List" | 12/29/2005 | 2005 | SEATTLE--(BUSINESS WIRE)--Dec. 29, 2005--Amazon.com (Nasdaq:AMZN) today released its "Best Of 2005 List" which includes the best selling, most positively reviewed, most wished for, and favorite gift products as determined by Amazon.com customers in 2005.
Best Selling Products
The following is a list of the best selling products on Amazon.com in 2005 by total units sold:
Books: Harry Potter and the Half-Blood Prince by J.K. Rowling
Music: X&Y by Coldplay
DVD: Star Wars Episode III- Revenge of the Sith (Widescreen Edition)
Electronics: 2GB iPod Nano (black)
Home & Garden: Calphalon Commercial Hard-Anodized 8-1/2-Quart Saucier with Lid
Health & Personal Care: Airborne Effervescent Health Formula Dietary Supplement, Orange, (3 Pack, Three 10 count packages (30 Tablets)
Computer & Video Games: Madden NFL 2006
Tools & Hardware: Jorgensen 50XXX 3/4" Pony Pipe Clamp Fixture
Apparel & Accessories: Columbia Bugaboo Jacket
Shoes: Tommy Hilfiger Women's Erin Slipper
Sports & Outdoors: Premium Diamond Suited Poker Chip Set w/6 Free Dealer Buttons (600 Clay Composite 11.5 gram Chips)
Jewelry: Sterling Silver Eternity Cross Pendant, 20"
Watches: Invicta Men's Automatic Pro Diver S2 Watch
Beauty: philosophy candy cane shower gel and bubble bath
Gourmet Food: Imported Chocolate Truffles (2 lbs) from Winning Gifts and Flowers
Most Wished For Products
The following is a list of products that appeared most often on the Wish Lists of Amazon.com customers in 2005:
Books: Harry Potter and the Half-Blood Prince by J.K. Rowling
Music: How to Dismantle an Atomic Bomb by U2
DVD: Star Wars Trilogy (Widescreen Edition with Bonus Disc)
Electronics: Apple 20 GB iPod
Home & Garden: Matfer Exopat Nonstick Baking/Roasting Sheet
Health & Personal Care: Omron HJ112 Premium Pedometer
Computer & Video Games: The Sims 2
Tools & Hardware: Bucket Boss Brand 01056 Bucket Boss 56 Organizer
Apparel & Accessories: Harry Potter Gryffindor House Scarf
Sports & Outdoors: Premium Diamond Suited Poker Chip Set w/6 Free Dealer Buttons (600 Clay Composite 11.5 gram Chips)
Jewelry: Sterling Silver and Crystal Heart Pendant on Satin Cord, 16" by Paris Hilton
Watches: Seiko Men's Watch #SGF719
Beauty: DuWop Lip Venom
Gourmet Food: Bertie Bott's 10 Flavor Discovery Box
Most Loved Products
The following is a list of products that were reviewed most positively by Amazon.com customers in 2005:
Books: Is Life Worth It? Sex, Money and Power from a Psychics Point of View (Paperback) by Stephen Piperno
Music: The Low End Theory by A Tribe Called Quest
DVD: Wings (TV Series)
Electronics: SanDisk SDCFH-512-901 512 MB Ultra II CompactFlash Card
Home & Garden: Mission Natural Collection Folding Bookcase - Natural
Health & Personal Care: HOOAH! Energy Bar, Chocolate Crisp, 15 Pack
Computer & Video Games: Nintendo DS Mario Kart Bundle
Tools & Hardware: Bosch TS2000 Gravity-Rise Wheeled Table Saw Stand with Universal Mounting Slots
Apparel & Accessories: Pierre Cardin 3-Pack King Size Ankle Socks
Sports & Outdoors: Columbia North Glacier Octagonal Screen House
Jewelry: Square Aquamarine Pendant - White or Yellow Gold 1.10 Carat
Watches: Citizen Promaster Aqualand Duplex Men's Watch
Beauty: Tarte Cheek Stain
Gourmet Food: Leonidas Belgian Chocolates: 1 lb General Assortment - Signature Ballotin
Most Popular Gift Products
The following is a list of products most frequently purchased as gifts by Amazon.com customers in 2005:
Books: Harry Potter and the Half-Blood Prince by J.K. Rowling
Music: X&Y by Coldplay
DVD: Lost - The Complete First Season (2004)
Electronics: Apple 512 MB iPod Shuffle
Home & Garden: Calphalon Commercial Hard-Anodized 8-1/2-Quart Saucier with Lid
Health & Personal Care: Pampers Swaddlers diapers, Size N (Up to 10 lbs), Sesame Street, Jumbo, 40 diapers
Computer & Video Games: Sony PlayStation Portable (PSP) Value Pack
Tools & Hardware: Black & Decker SS925 Storm Station All-in-One Rechargeable Power Source/Radio/Light
Apparel & Accessories: Prada Women's Small Rectangle Nylon Handbag, Nero
Sports & Outdoors: Diamond Gen IV - Rechargeable No Battery Forever LED Shake Flashlight
Jewelry: Sterling Silver Blue Topaz Earrings
Watches: Seiko Men's Watch #SGF719
Beauty: Caswell-Massey Sampler - 10 Products for $10
Gourmet Food: Tower of Sweet Treats - Harry and David
About Amazon.com
Amazon.com, Inc., (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
CONTACT: Amazon.comMedia Relations, 206-266-7180SOURCE: Amazon.com | <p>SEATTLE--(BUSINESS WIRE)--Dec. 29, 2005--Amazon.com (Nasdaq:AMZN) today released its "Best Of 2005 List" which includes the best selling, most positively reviewed, most wished for, and favorite gift products as determined by Amazon.com customers in 2005.</p><p>Best Selling Products</p><p>The following is a list of the best selling products on Amazon.com in 2005 by total units sold:</p><ul><li>Books: Harry Potter and the Half-Blood Prince by J.K. Rowling</li><li>Music: X&Y by Coldplay</li><li>DVD: Star Wars Episode III- Revenge of the Sith (Widescreen Edition)</li><li>Electronics: 2GB iPod Nano (black)</li><li>Home & Garden: Calphalon Commercial Hard-Anodized 8-1/2-Quart Saucier with Lid</li><li>Health & Personal Care: Airborne Effervescent Health Formula Dietary Supplement, Orange, (3 Pack, Three 10 count packages (30 Tablets)</li><li>Computer & Video Games: Madden NFL 2006</li><li>Tools & Hardware: Jorgensen 50XXX 3/4" Pony Pipe Clamp Fixture</li><li>Apparel & Accessories: Columbia Bugaboo Jacket</li><li>Shoes: Tommy Hilfiger Women's Erin Slipper</li><li>Sports & Outdoors: Premium Diamond Suited Poker Chip Set w/6 Free Dealer Buttons (600 Clay Composite 11.5 gram Chips)</li><li>Jewelry: Sterling Silver Eternity Cross Pendant, 20"</li><li>Watches: Invicta Men's Automatic Pro Diver S2 Watch</li><li>Beauty: philosophy candy cane shower gel and bubble bath</li><li>Gourmet Food: Imported Chocolate Truffles (2 lbs) from Winning Gifts and Flowers</li></ul><p>Most Wished For Products </p><p>The following is a list of products that appeared most often on the Wish Lists of Amazon.com customers in 2005:</p><ul><li>Books: Harry Potter and the Half-Blood Prince by J.K. Rowling</li><li>Music: How to Dismantle an Atomic Bomb by U2</li><li>DVD: Star Wars Trilogy (Widescreen Edition with Bonus Disc)</li><li>Electronics: Apple 20 GB iPod</li><li>Home & Garden: Matfer Exopat Nonstick Baking/Roasting Sheet</li><li>Health & Personal Care: Omron HJ112 Premium Pedometer</li><li>Computer & Video Games: The Sims 2</li><li>Tools & Hardware: Bucket Boss Brand 01056 Bucket Boss 56 Organizer</li><li>Apparel & Accessories: Harry Potter Gryffindor House Scarf</li><li>Sports & Outdoors: Premium Diamond Suited Poker Chip Set w/6 Free Dealer Buttons (600 Clay Composite 11.5 gram Chips)</li><li>Jewelry: Sterling Silver and Crystal Heart Pendant on Satin Cord, 16" by Paris Hilton</li><li>Watches: Seiko Men's Watch #SGF719</li><li>Beauty: DuWop Lip Venom</li><li>Gourmet Food: Bertie Bott's 10 Flavor Discovery Box</li></ul><p>Most Loved Products </p><p>The following is a list of products that were reviewed most positively by Amazon.com customers in 2005:</p><ul><li>Books: Is Life Worth It? Sex, Money and Power from a Psychics Point of View (Paperback) by Stephen Piperno</li><li>Music: The Low End Theory by A Tribe Called Quest</li><li>DVD: Wings (TV Series)</li><li>Electronics: SanDisk SDCFH-512-901 512 MB Ultra II CompactFlash Card</li><li>Home & Garden: Mission Natural Collection Folding Bookcase - Natural</li><li>Health & Personal Care: HOOAH! Energy Bar, Chocolate Crisp, 15 Pack</li><li>Computer & Video Games: Nintendo DS Mario Kart Bundle</li><li>Tools & Hardware: Bosch TS2000 Gravity-Rise Wheeled Table Saw Stand with Universal Mounting Slots</li><li>Apparel & Accessories: Pierre Cardin 3-Pack King Size Ankle Socks</li><li>Sports & Outdoors: Columbia North Glacier Octagonal Screen House</li><li>Jewelry: Square Aquamarine Pendant - White or Yellow Gold 1.10 Carat</li><li>Watches: Citizen Promaster Aqualand Duplex Men's Watch</li><li>Beauty: Tarte Cheek Stain</li><li>Gourmet Food: Leonidas Belgian Chocolates: 1 lb General Assortment - Signature Ballotin</li></ul><p>Most Popular Gift Products </p><p>The following is a list of products most frequently purchased as gifts by Amazon.com customers in 2005:</p><ul><li>Books: Harry Potter and the Half-Blood Prince by J.K. Rowling</li><li>Music: X&Y by Coldplay</li><li>DVD: Lost - The Complete First Season (2004)</li><li>Electronics: Apple 512 MB iPod Shuffle</li><li>Home & Garden: Calphalon Commercial Hard-Anodized 8-1/2-Quart Saucier with Lid</li><li>Health & Personal Care: Pampers Swaddlers diapers, Size N (Up to 10 lbs), Sesame Street, Jumbo, 40 diapers</li><li>Computer & Video Games: Sony PlayStation Portable (PSP) Value Pack</li><li>Tools & Hardware: Black & Decker SS925 Storm Station All-in-One Rechargeable Power Source/Radio/Light</li><li>Apparel & Accessories: Prada Women's Small Rectangle Nylon Handbag, Nero</li><li>Sports & Outdoors: Diamond Gen IV - Rechargeable No Battery Forever LED Shake Flashlight</li><li>Jewelry: Sterling Silver Blue Topaz Earrings</li><li>Watches: Seiko Men's Watch #SGF719</li><li>Beauty: Caswell-Massey Sampler - 10 Products for $10</li><li>Gourmet Food: Tower of Sweet Treats - Harry and David</li></ul><p>About Amazon.com </p><p>Amazon.com, Inc., (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>CONTACT: Amazon.comMedia Relations, 206-266-7180SOURCE: Amazon.com</p> |
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Amazon.com Customers Order over 108 Million Items Worldwide During 11th Holiday Season; More Than 99 Percent of Orders Shipped in Time to Meet Holiday Deadlines Worldwide | /news/news-details/2005/Amazon.com-Customers-Order-over-108-Million-Items-Worldwide-During-11th-Holiday-Season-More-Than-99-Percent-of-Orders-Shipped-in-Time-to-Meet-Holiday-Deadlines-Worldwide/default.aspx | Amazon.com-Customers-Order-over-108-Million-Items-Worldwide-During-11th-Holiday-Season-More-Than-99-Percent-of-Orders-Shipped-in-Time-to-Meet-Holiday-Deadlines-Worldwide | 4,516 | 12/26/2005 06:01:00 | Amazon.com Customers Order over 108 Million Items Worldwide During 11th Holiday Season; More Than 99 Percent of Orders Shipped in Time to Meet Holiday Deadlines Worldwide | 12/26/2005 | 2005 | More Than 99 Percent of Orders Shipped in Time to Meet Holiday Deadlines Worldwide
SEATTLE—Dec. 26, 2005— Amazon.com, Inc. (NASDAQ: AMZN) today announced that the 2005 holiday season finished as its best ever, with the company's Holiday Delight-O-Meter surpassing 108 million items ordered for the first time. The 2005 holiday season also brought another single-day record with the Delight-O-Meter tracking more than 3.6 million items ordered, or 41 items per second, on Dec. 12th.
"To our customers around the world--thank you," said Jeff Bezos, founder and CEO of Amazon.com. "We are grateful to our customers for shopping with us this holiday season and we wish everyone a happy new year."
Worldwide 2005 Holiday Facts(Includes www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca)
Amazon.com shipped more than 99 percent of orders in time to meet holiday deadlines worldwide.
On the peak day this season, Amazon's worldwide fulfillment network shipped over 2.7 million units.
More than 600,000 gift certificates were ordered between Nov. 25th and Dec. 22nd 2005.
Amazon.com shipped to over 200 countries.
One of Amazon.com's most remote shipments was the Panasonic PVL552H VHS-C Camcorder with 4.0" LCD shipped to Napaskiak, Alaska.
Amazon.com 2005 Holiday Facts (www.amazon.com only)
If all of the tents sold in Amazon.com's Sports & Outdoors store were stacked on top of each other, they would top 30,000 feet, which is higher than Mt. Everest.
The most expensive item purchased in Amazon.com's Jewelry & Watches store was a $94,000 pair of diamond earrings.
Amazon.com sold enough running shoes to outfit nearly every participant in this year's Boston Marathon.
The last order placed on Dec. 22nd in time for Christmas delivery contained 14K Yellow Gold Four Prong 4mm Square Sapphire Stud Earrings. The earrings were delivered to Albany, Oregon on Dec. 23rd. Amazon.com's hot holiday sellers (Nov. 25 through Dec. 22 based on units ordered)
Video games were popular this year, and topping the list were Mario Party 7 for Gamecube, Sid Meier's Civilization IV for PCs, and Microsoft's Age of Empires 3 for PCs.
Tops in video game hardware were the Game Boy Advance SP in Pearl Blue, the Sony PlayStation Portable (PSP) Value Pack, and the Electric Blue Nintendo DS.
iPods ruled the holiday season in Electronics, owning the top three slots- the Apple 2 GB iPod Nano (Black), the Apple 30 GB iPod with Video Playback (Black), and the Apple 512 MB iPod Shuffle were the top sellers.
In music, the top sellers included Amarantine by Enya, Christmas Songs by Diana Krall, and Born to Run: 30th Anniversary 3-disc set by Bruce Springsteen.
The top-selling Sports & Outdoors items were the Diamond Gen IV- Rechargeable No Battery Forever LED Shake Flashlight, the Wenzel Nova Sport 6'x5' 2 person Dome Tent, and the Halex 64302 Alpha LCD Dartboard.
The top-selling books were The Chronicles of Narnia Box Set (paperback) by C.S. Lewis, The World Is Flat: A Brief History of the 21st Century by Thomas L. Friedman, and Rachael Ray 365: No Repeats--A Year of Deliciously Different Dinners (A 30-Minute Meal Cookbook) by Rachael Ray.
In the Tools store, the Black and Decker SS925 Storm Station All-in-one Rechargeable Power Source/Radio/Light, the Black and Decker ATM100 25' Auto Tape Measure and the Sheffield WH58009 Folding Lock Back Utility Knife were the top sellers.
Top Software titles included QuickBooks Pro 2006 Financial Software for Small Business, TurboTax Total Tax Solution Deluxe 2005 with State (Win/Mac), and Adobe Photoshop Elements 4.0 (Windows).
Top sellers in the Beauty store were philosophy candy cane shower and bubble bath, philosophy holiday rescue hot cocoa & marshmallow gift set, and the Caswell-Massey 10 Product Sampler.
Jewelry was popular and the top sellers included a 20" Sterling Silver Eternity Cross Pendant, a Diamond Circle Pendant, and a Floating Heart Pendant with Diamond.
Watches were also popular with the Invicta Men's Automatic Pro Diver S2, the Harry Potter and the Goblet of Fire, and Movado Women's Amarosa watches among the top sellers.
In DVD, top sellers were Star Wars, Episode III- Revenge of the Sith, March of the Penguins (Widescreen Edition) and Madagascar (Widescreen Edition).
The top-selling Kitchen items included the Calphalon Commercial Hard-Anodized 8 ½ Quart Saucier with Lid, the George Foreman GR10AWHT Champ Grill, and Riedel O Cabernet/Merlot Wine Tumblers.
In Health and Personal Care, the Panasonic ER411NC Nose and Ear Hair Groomer, the Rayovac Sportsman LED Headlight, and Sonicare Elite 7500 Power Toothbrush were top sellers.
Coats were the popular apparel item this year, with the Weatherproof Men's Microfiber Bomber Jacket and the Pritti Women's 10 Button Solid Short Peacoat topping the list, along with the Hue Women's Long Muk Luk Slippers.
In shoes, the Adidas Men's a3 Megaride Running Shoe, Unlisted A Kenneth Cole Production Men's Groovy Nights, and Adidas Men's a3 Ultimate Power Training Shoe were top sellers.
In Gourmet Foods, 2 pounds of Imported Chocolate Truffles from Winning Gifts and Flowers was the top seller, followed by a Ghirardelli Chocolate Holiday Tower from Amazon.com Gift Baskets and a Tower of Sweet Treats from Harry and David.
About the Delight-O-Meter
The Delight-O-Meter tracks the approximate number of items ordered from Amazon.com and third-party sellers at www.amazon.com, www.amazon.co.uk, www.amazon.de www.amazon.fr, www.amazon.co.jp, www.amazon.ca, as well as Amazon.com owned items, such as books, music and DVD/video products, ordered at Syndicated Stores domains (such as www.borders.com) and from Amazon.com's stores at www.target.com.
The Delight-O-Meter excludes certain items, including items ordered from www.joyo.com, Amazon gift certificates, items ordered through catalogs and items not owned by Amazon.com ordered through non-Amazon.com domains – such as www.target.com. The Delight-O-Meter is not adjusted for items ordered that are subsequently canceled or returned.
This year's Delight-O-Meter launched on Nov.23, 2005 with a count of over 33 million items ordered since Nov. 1, 2005. The Delight-O-Meter is updated continually, but lags actual items ordered depending on the item. The Delight-O-Meter should not be viewed or used as a predictor or indicator of revenue or other financial information relating to Amazon.com.
About Amazon.com
Amazon.com, Inc., (Nasdaq: AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
Contact:Amazon.com Media Relations206-266-7180 | <p>More Than 99 Percent of Orders Shipped in Time to Meet Holiday Deadlines Worldwide</p><p>SEATTLE—Dec. 26, 2005— Amazon.com, Inc. (NASDAQ: AMZN) today announced that the 2005 holiday season finished as its best ever, with the company's Holiday Delight-O-Meter surpassing 108 million items ordered for the first time. The 2005 holiday season also brought another single-day record with the Delight-O-Meter tracking more than 3.6 million items ordered, or 41 items per second, on Dec. 12th.</p><p>"To our customers around the world--thank you," said Jeff Bezos, founder and CEO of Amazon.com. "We are grateful to our customers for shopping with us this holiday season and we wish everyone a happy new year."</p><p>Worldwide 2005 Holiday Facts(Includes www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca)</p><ul><ul><li>Amazon.com shipped more than 99 percent of orders in time to meet holiday deadlines worldwide.</li></ul></ul><ul><ul><li>On the peak day this season, Amazon's worldwide fulfillment network shipped over 2.7 million units.</li></ul></ul><ul><ul><li>More than 600,000 gift certificates were ordered between Nov. 25th and Dec. 22nd 2005.</li></ul></ul><ul><ul><li>Amazon.com shipped to over 200 countries.</li></ul></ul><ul><li>One of Amazon.com's most remote shipments was the Panasonic PVL552H VHS-C Camcorder with 4.0" LCD shipped to Napaskiak, Alaska.</li></ul><p>Amazon.com 2005 Holiday Facts (www.amazon.com only)</p><ul><ul><li>If all of the tents sold in Amazon.com's Sports & Outdoors store were stacked on top of each other, they would top 30,000 feet, which is higher than Mt. Everest.</li></ul></ul><ul><ul><li>The most expensive item purchased in Amazon.com's Jewelry & Watches store was a $94,000 pair of diamond earrings.</li></ul></ul><ul><ul><li>Amazon.com sold enough running shoes to outfit nearly every participant in this year's Boston Marathon.</li></ul></ul><ul><ul><li>The last order placed on Dec. 22nd in time for Christmas delivery contained 14K Yellow Gold Four Prong 4mm Square Sapphire Stud Earrings. The earrings were delivered to Albany, Oregon on Dec. 23rd. Amazon.com's hot holiday sellers (Nov. 25 through Dec. 22 based on units ordered)</li><li>Video games were popular this year, and topping the list were Mario Party 7 for Gamecube, Sid Meier's Civilization IV for PCs, and Microsoft's Age of Empires 3 for PCs.</li></ul></ul><ul><ul><li>Tops in video game hardware were the Game Boy Advance SP in Pearl Blue, the Sony PlayStation Portable (PSP) Value Pack, and the Electric Blue Nintendo DS.</li></ul></ul><ul><ul><li>iPods ruled the holiday season in Electronics, owning the top three slots- the Apple 2 GB iPod Nano (Black), the Apple 30 GB iPod with Video Playback (Black), and the Apple 512 MB iPod Shuffle were the top sellers.</li></ul></ul><ul><ul><li>In music, the top sellers included Amarantine by Enya, Christmas Songs by Diana Krall, and Born to Run: 30th Anniversary 3-disc set by Bruce Springsteen.</li><li>The top-selling Sports & Outdoors items were the Diamond Gen IV- Rechargeable No Battery Forever LED Shake Flashlight, the Wenzel Nova Sport 6'x5' 2 person Dome Tent, and the Halex 64302 Alpha LCD Dartboard.</li></ul></ul><ul><ul><li>The top-selling books were The Chronicles of Narnia Box Set (paperback) by C.S. Lewis, The World Is Flat: A Brief History of the 21st Century by Thomas L. Friedman, and Rachael Ray 365: No Repeats--A Year of Deliciously Different Dinners (A 30-Minute Meal Cookbook) by Rachael Ray.</li></ul></ul><ul><ul><li>In the Tools store, the Black and Decker SS925 Storm Station All-in-one Rechargeable Power Source/Radio/Light, the Black and Decker ATM100 25' Auto Tape Measure and the Sheffield WH58009 Folding Lock Back Utility Knife were the top sellers.</li></ul></ul><ul><ul><li>Top Software titles included QuickBooks Pro 2006 Financial Software for Small Business, TurboTax Total Tax Solution Deluxe 2005 with State (Win/Mac), and Adobe Photoshop Elements 4.0 (Windows).</li></ul></ul><ul><ul><li>Top sellers in the Beauty store were philosophy candy cane shower and bubble bath, philosophy holiday rescue hot cocoa & marshmallow gift set, and the Caswell-Massey 10 Product Sampler.</li></ul></ul><ul><ul><li>Jewelry was popular and the top sellers included a 20" Sterling Silver Eternity Cross Pendant, a Diamond Circle Pendant, and a Floating Heart Pendant with Diamond.</li></ul></ul><ul><ul><li>Watches were also popular with the Invicta Men's Automatic Pro Diver S2, the Harry Potter and the Goblet of Fire, and Movado Women's Amarosa watches among the top sellers.</li></ul></ul><ul><ul><li>In DVD, top sellers were Star Wars, Episode III- Revenge of the Sith, March of the Penguins (Widescreen Edition) and Madagascar (Widescreen Edition).</li><li>The top-selling Kitchen items included the Calphalon Commercial Hard-Anodized 8 ½ Quart Saucier with Lid, the George Foreman GR10AWHT Champ Grill, and Riedel O Cabernet/Merlot Wine Tumblers.</li></ul></ul><ul><ul><li>In Health and Personal Care, the Panasonic ER411NC Nose and Ear Hair Groomer, the Rayovac Sportsman LED Headlight, and Sonicare Elite 7500 Power Toothbrush were top sellers.</li></ul></ul><ul><ul><li>Coats were the popular apparel item this year, with the Weatherproof Men's Microfiber Bomber Jacket and the Pritti Women's 10 Button Solid Short Peacoat topping the list, along with the Hue Women's Long Muk Luk Slippers.</li></ul></ul><ul><ul><li>In shoes, the Adidas Men's a3 Megaride Running Shoe, Unlisted A Kenneth Cole Production Men's Groovy Nights, and Adidas Men's a3 Ultimate Power Training Shoe were top sellers.</li></ul></ul><ul><li>In Gourmet Foods, 2 pounds of Imported Chocolate Truffles from Winning Gifts and Flowers was the top seller, followed by a Ghirardelli Chocolate Holiday Tower from Amazon.com Gift Baskets and a Tower of Sweet Treats from Harry and David.<p>About the Delight-O-Meter</p><p>The Delight-O-Meter tracks the approximate number of items ordered from Amazon.com and third-party sellers at www.amazon.com, www.amazon.co.uk, www.amazon.de www.amazon.fr, www.amazon.co.jp, www.amazon.ca, as well as Amazon.com owned items, such as books, music and DVD/video products, ordered at Syndicated Stores domains (such as www.borders.com) and from Amazon.com's stores at www.target.com.</p><p>The Delight-O-Meter excludes certain items, including items ordered from www.joyo.com, Amazon gift certificates, items ordered through catalogs and items not owned by Amazon.com ordered through non-Amazon.com domains – such as www.target.com. The Delight-O-Meter is not adjusted for items ordered that are subsequently canceled or returned.</p><p>This year's Delight-O-Meter launched on Nov.23, 2005 with a count of over 33 million items ordered since Nov. 1, 2005. The Delight-O-Meter is updated continually, but lags actual items ordered depending on the item. The Delight-O-Meter should not be viewed or used as a predictor or indicator of revenue or other financial information relating to Amazon.com.</p><p>About Amazon.com</p><p>Amazon.com, Inc., (Nasdaq: AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p>Contact:Amazon.com Media Relations206-266-7180</li></ul> |
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$94,000 Diamond Earrings Top Amazon.com's Holiday Jewelry Sales | /news/news-details/2005/94000-Diamond-Earrings-Top-Amazon.coms-Holiday-Jewelry-Sales/default.aspx | 94000-Diamond-Earrings-Top-Amazon.coms-Holiday-Jewelry-Sales | 4,517 | 12/23/2005 08:01:00 | $94,000 Diamond Earrings Top Amazon.com's Holiday Jewelry Sales | 12/23/2005 | 2005 | SEATTLE--(BUSINESS WIRE)--Dec. 23, 2005--Amazon.com, Inc. (Nasdaq:AMZN) today announced the sale of its highest-priced item so far this holiday season, a pair of $94,000 diamond earrings. Certified by the Gemological Institute of America, the drop earrings are a total carat weight of 8.34 carats, featuring two 2.5 carat yellow diamonds and two 1 carat white diamonds in a platinum and 18 karat yellow gold setting.
"These stunning earrings are going to make someone's holiday very special this year," says Steven Goldsmith, vice president, Amazon.com Jewelry. "We're delighted that more and more customers are turning to Amazon.com for luxury jewelry shopping."
High-end jewelry has been more popular than ever with Amazon.com shoppers this holiday season. Customers have purchased several thousand styles of jewelry including pieces of 18 karat gold, diamond solitaire rings, diamond stud earrings and pearl strands in varying shapes, sizes and colors. Several high-end designer watches have also been popular with customers, including the Rolex Daytona Oyster Perpetual Men's Watch and the Omega Men's Seamaster 300 M Chrono Diver Watch.
About Amazon.com
Amazon.com, Inc., (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward Looking Statements
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
CONTACT: Amazon.com, Inc.
Jani Strand, 206-266-7180
SOURCE: Amazon.com, Inc. | <p>SEATTLE--(BUSINESS WIRE)--Dec. 23, 2005--Amazon.com, Inc. (Nasdaq:AMZN) today announced the sale of its highest-priced item so far this holiday season, a pair of $94,000 diamond earrings. Certified by the Gemological Institute of America, the drop earrings are a total carat weight of 8.34 carats, featuring two 2.5 carat yellow diamonds and two 1 carat white diamonds in a platinum and 18 karat yellow gold setting.</p><p>"These stunning earrings are going to make someone's holiday very special this year," says Steven Goldsmith, vice president, Amazon.com Jewelry. "We're delighted that more and more customers are turning to Amazon.com for luxury jewelry shopping."</p><p>High-end jewelry has been more popular than ever with Amazon.com shoppers this holiday season. Customers have purchased several thousand styles of jewelry including pieces of 18 karat gold, diamond solitaire rings, diamond stud earrings and pearl strands in varying shapes, sizes and colors. Several high-end designer watches have also been popular with customers, including the Rolex Daytona Oyster Perpetual Men's Watch and the Omega Men's Seamaster 300 M Chrono Diver Watch.</p><p>About Amazon.com</p><p>Amazon.com, Inc., (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward Looking Statements</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><pre> CONTACT: Amazon.com, Inc. Jani Strand, 206-266-7180 SOURCE: Amazon.com, Inc.</pre> |
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Amazon.com Announces Brian McBride as New Managing Director for UK | /news/news-details/2005/Amazon.com-Announces-Brian-McBride-as-New-Managing-Director-for-UK/default.aspx | Amazon.com-Announces-Brian-McBride-as-New-Managing-Director-for-UK | 4,519 | 12/01/2005 08:02:00 | Amazon.com Announces Brian McBride as New Managing Director for UK | 12/01/2005 | 2005 | SEATTLE--(BUSINESS WIRE)--Dec. 1, 2005--Amazon.com (Nasdaq:AMZN) has announced that Brian McBride, managing director for T-Mobile UK, will join the company as managing director for Amazon.co.uk, Ltd. in January 2006. McBride has more than 25 years of experience in the high-tech industry and, prior to joining T-Mobile as managing director, held senior positions in Europe at Dell, IBM, and other leading companies.
"Amazon has established itself as one of the best brands in the world based on their commitment to putting the customer at the center of everything it does," said McBride. "Amazon's passion for the customer experience makes them a tremendously appealing company, and I'm delighted to lead their talented UK team."
McBride also shares Amazon's passion for customer satisfaction: while at T-Mobile he guided the network's high street stores to #1 in customer satisfaction in 2004's J.D. Power & Associates annual survey.
"We are extremely pleased to welcome Brian to Amazon.com," said Diego Piacentini, Amazon.com's senior vice president for worldwide retail and marketing. "In his previous position at T-Mobile, Brian launched their highly successful direct web and telesales businesses, and his leadership and experience will be of great benefit to Amazon and its customers."
A native of Scotland, McBride graduated from the University of Glasgow with an MA (Hons) in Economic History. He lives with his family in Surrey.
About Amazon.com
Amazon.com, Inc. (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward-Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
CONTACT: Amazon.com PR, SeattlePatty Smith, 206-266-7180SOURCE: Amazon.com, Inc. | <p>SEATTLE--(BUSINESS WIRE)--Dec. 1, 2005--Amazon.com (Nasdaq:AMZN) has announced that Brian McBride, managing director for T-Mobile UK, will join the company as managing director for Amazon.co.uk, Ltd. in January 2006. McBride has more than 25 years of experience in the high-tech industry and, prior to joining T-Mobile as managing director, held senior positions in Europe at Dell, IBM, and other leading companies.</p><p>"Amazon has established itself as one of the best brands in the world based on their commitment to putting the customer at the center of everything it does," said McBride. "Amazon's passion for the customer experience makes them a tremendously appealing company, and I'm delighted to lead their talented UK team."</p><p>McBride also shares Amazon's passion for customer satisfaction: while at T-Mobile he guided the network's high street stores to #1 in customer satisfaction in 2004's J.D. Power & Associates annual survey.</p><p>"We are extremely pleased to welcome Brian to Amazon.com," said Diego Piacentini, Amazon.com's senior vice president for worldwide retail and marketing. "In his previous position at T-Mobile, Brian launched their highly successful direct web and telesales businesses, and his leadership and experience will be of great benefit to Amazon and its customers."</p><p>A native of Scotland, McBride graduated from the University of Glasgow with an MA (Hons) in Economic History. He lives with his family in Surrey.</p><p>About Amazon.com</p><p>Amazon.com, Inc. (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward-Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>CONTACT: Amazon.com PR, SeattlePatty Smith, 206-266-7180SOURCE: Amazon.com, Inc.</p> |
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Joyo.com Announces Long-Term Test of Free Shipping on Orders Over RMB 99; Hurdle Lowered from RMB 200 | /news/news-details/2005/Joyo.com-Announces-Long-Term-Test-of-Free-Shipping-on-Orders-Over-RMB-99-Hurdle-Lowered-from-RMB-200/default.aspx | Joyo.com-Announces-Long-Term-Test-of-Free-Shipping-on-Orders-Over-RMB-99-Hurdle-Lowered-from-RMB-200 | 4,522 | 11/30/2005 00:00:00 | Joyo.com Announces Long-Term Test of Free Shipping on Orders Over RMB 99; Hurdle Lowered from RMB 200 | 11/30/2005 | 2005 | Hurdle Lowered from RMB 200
BEIJING--(BUSINESS WIRE)--Nov. 30, 2005--(Nasdaq:AMZN) As part of a long-term test, leading online retailer Joyo.com today announced that it is significantly lowering the order size needed to qualify for free shipping, making it even easier for customers to save money. At the conclusion of this test, which is expected to last 3 to 6 months, Joyo.com will decide whether to make this change permanent.
Starting today, all Joyo.com customers will qualify for free shipping with qualifying purchases of RMB 99 Yuan, instead of RMB 200 Yuan. Moreover, Joyo currently offers significant savings on books, CDs, DVDs, electronics, toys, gifts and health & personal care items every day.
"Joyo.com works hard to lower prices for customers, and we're eager to see how customers respond to this new free shipping test of RMB 99 Yuan," said Wang Hanhua, managing director of Joyo.com. "As part of Amazon.com, everything we do starts with the customer, and we never stop thinking about ways to make our customer's shopping experience with Joyo.com even better. We look forward to bringing our customers more improvements and innovations in the weeks and months to come."
Joyo.com is committed to offering customers the widest selection of products at the best prices. In 2004, Amazon.com acquired Joyo.com Limited, which operates the Joyo.com Web site in cooperation with Chinese subsidiaries and affiliates.
With today's announcement, Joyo.com customers can now choose free shipping on order of RMB 99 Yuan being shipped to a single address in China.
About Joyo.com
Joyo.com was founded in May 2000 and offers customers a wide selection of books, music, videos and DVDs, software, toys and gifts, among other products. Joyo.com is headquartered in Beijing.
About Amazon.com
Amazon.com, Inc., (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward-Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
CONTACT:Amazon.comPatty Smith, 206-266-7180SOURCE: Joyo.com | <p>Hurdle Lowered from RMB 200</p><p>BEIJING--(BUSINESS WIRE)--Nov. 30, 2005--(Nasdaq:AMZN) As part of a long-term test, leading online retailer Joyo.com today announced that it is significantly lowering the order size needed to qualify for free shipping, making it even easier for customers to save money. At the conclusion of this test, which is expected to last 3 to 6 months, Joyo.com will decide whether to make this change permanent.</p><p>Starting today, all Joyo.com customers will qualify for free shipping with qualifying purchases of RMB 99 Yuan, instead of RMB 200 Yuan. Moreover, Joyo currently offers significant savings on books, CDs, DVDs, electronics, toys, gifts and health & personal care items every day.</p><p>"Joyo.com works hard to lower prices for customers, and we're eager to see how customers respond to this new free shipping test of RMB 99 Yuan," said Wang Hanhua, managing director of Joyo.com. "As part of Amazon.com, everything we do starts with the customer, and we never stop thinking about ways to make our customer's shopping experience with Joyo.com even better. We look forward to bringing our customers more improvements and innovations in the weeks and months to come."</p><p>Joyo.com is committed to offering customers the widest selection of products at the best prices. In 2004, Amazon.com acquired Joyo.com Limited, which operates the Joyo.com Web site in cooperation with Chinese subsidiaries and affiliates.</p><p>With today's announcement, Joyo.com customers can now choose free shipping on order of RMB 99 Yuan being shipped to a single address in China.</p><p>About Joyo.com</p><p>Joyo.com was founded in May 2000 and offers customers a wide selection of books, music, videos and DVDs, software, toys and gifts, among other products. Joyo.com is headquartered in Beijing.</p><p>About Amazon.com</p><p>Amazon.com, Inc., (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward-Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>CONTACT:Amazon.comPatty Smith, 206-266-7180SOURCE: Joyo.com</p> |
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Amazon.com Partners with Celebrities to Raise Money for Hurricane Victims During Holiday Shopping Season; Tim McGraw to Kick-off Fundraising Efforts Today at St. Bernard Parish City Hall near New Orleans | /news/news-details/2005/Amazon.com-Partners-with-Celebrities-to-Raise-Money-for-Hurricane-Victims-During-Holiday-Shopping-Season-Tim-McGraw-to-Kick-off-Fundraising-Efforts-Today-at-St.-Bernard-Parish-City-Hall-near-New-Orleans/default.aspx | Amazon.com-Partners-with-Celebrities-to-Raise-Money-for-Hurricane-Victims-During-Holiday-Shopping-Season-Tim-McGraw-to-Kick-off-Fundraising-Efforts-Today-at-St.-Bernard-Parish-City-Hall-near-New-Orleans | 4,525 | 11/29/2005 08:31:00 | Amazon.com Partners with Celebrities to Raise Money for Hurricane Victims During Holiday Shopping Season; Tim McGraw to Kick-off Fundraising Efforts Today at St. Bernard Parish City Hall near New Orleans | 11/29/2005 | 2005 | Tim McGraw to Kick-off Fundraising Efforts Today at St. Bernard Parish City Hall near New Orleans; Additional participants include former president Bill Clinton and celebrities Clay Aiken, David Beckham, Blondie, Bon Jovi, Kelly Clarkson, Faith Hill, Elton John, Paul McCartney, Carly Simon, Rob Thomas, Christy Turlington, and Trisha Yearwood
SEATTLE--(BUSINESS WIRE)--Nov. 29, 2005--Amazon.com (NASDAQ: AMZN) today launched the "Amazon.com A-List For Hurricane Relief" - a partnership between Amazon.com and more than a dozen celebrities and former president Bill Clinton to raise awareness and funds for non-profit organizations helping victims of Hurricane Katrina and Rita. The program will begin on Amazon.com tomorrow, November 30, with the exclusive premiere of a recently recorded unreleased song entitled "Louisiana" by superstar Tim McGraw and will continue every weekday through December 20 with a new celebrity partner's gift of exclusive content. Amazon.com customers will have the opportunity to make donations to the hurricane relief non-profit organization selected by each celebrity.
Tim McGraw is visiting the St. Bernard Parish City Hall today near New Orleans to kick off the project and meet with hurricane victims. In addition to hearing his song, beginning tomorrow Amazon.com customers will see a personal message from McGraw and be able to donate to his designated charity, Habitat For Humanity. Other non-profit organizations selected by Amazon.com's celebrity partners to receive donations include the American Red Cross, Save The Children, UNICEF, Sidewalk Angels, and the Bush Clinton Katrina Fund.
"People in my home state of Louisiana still desperately need our help after their lives were changed forever by Hurricane Katrina. To help us all remember that the losses caused by the hurricane remain, me and some of my fellow artists have partnered up with Amazon.com," said McGraw. "As a special way of saying thank you for making a donation to one of the many worthy causes in the affected areas, each of us is making something special available. I just ask that people find it in their hearts to help any way they can. It is very much needed and will be appreciated."
Amazon.com's partners include former president Bill Clinton and celebrities Clay Aiken, David Beckham, Blondie, Bon Jovi, Kelly Clarkson, Faith Hill, Elton John, Paul McCartney, Tim McGraw, Carly Simon, Rob Thomas, Christy Turlington, and Trisha Yearwood. Content made available by these partners ranges from unreleased songs to behind-the-scenes tour footage to drawings. Examples include never-seen-before videos of the making of music videos by Faith Hill and Kelly Clarkson, tour footage from Clay Aiken and Bon Jovi, and a drawing by Rob Thomas.
Amazon.com provides a safe and secure platform for making financial contributions to non-profit organizations. Amazon.com customers have demonstrated their willingness to use this platform and their generosity towards worthy causes, evidenced by contributing more than $12.5 million to the Red Cross for Hurricane Katrina and $16 million for tsunami relief efforts.
"Rebuilding the Gulf Coast has just begun," said Kathy Savitt, Amazon.com Vice President for Strategic Communications, Content, and Initiatives. "Amazon.com is happy to give customers a convenient way to continue their support while celebrating the season with exclusive content from their favorite stars."
About Amazon.com
Amazon.com, Inc., a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Amazon.com Forward Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
CONTACT:Amazon.com Media RelationsHotline: 206-266-7180Web site: www.amazon.com/prSOURCE:Amazon.com | <p>Tim McGraw to Kick-off Fundraising Efforts Today at St. Bernard Parish City Hall near New Orleans; Additional participants include former president Bill Clinton and celebrities Clay Aiken, David Beckham, Blondie, Bon Jovi, Kelly Clarkson, Faith Hill, Elton John, Paul McCartney, Carly Simon, Rob Thomas, Christy Turlington, and Trisha Yearwood</p><p>SEATTLE--(BUSINESS WIRE)--Nov. 29, 2005--Amazon.com (NASDAQ: AMZN) today launched the "Amazon.com A-List For Hurricane Relief" - a partnership between Amazon.com and more than a dozen celebrities and former president Bill Clinton to raise awareness and funds for non-profit organizations helping victims of Hurricane Katrina and Rita. The program will begin on Amazon.com tomorrow, November 30, with the exclusive premiere of a recently recorded unreleased song entitled "Louisiana" by superstar Tim McGraw and will continue every weekday through December 20 with a new celebrity partner's gift of exclusive content. Amazon.com customers will have the opportunity to make donations to the hurricane relief non-profit organization selected by each celebrity.</p><p>Tim McGraw is visiting the St. Bernard Parish City Hall today near New Orleans to kick off the project and meet with hurricane victims. In addition to hearing his song, beginning tomorrow Amazon.com customers will see a personal message from McGraw and be able to donate to his designated charity, Habitat For Humanity. Other non-profit organizations selected by Amazon.com's celebrity partners to receive donations include the American Red Cross, Save The Children, UNICEF, Sidewalk Angels, and the Bush Clinton Katrina Fund.</p><p>"People in my home state of Louisiana still desperately need our help after their lives were changed forever by Hurricane Katrina. To help us all remember that the losses caused by the hurricane remain, me and some of my fellow artists have partnered up with Amazon.com," said McGraw. "As a special way of saying thank you for making a donation to one of the many worthy causes in the affected areas, each of us is making something special available. I just ask that people find it in their hearts to help any way they can. It is very much needed and will be appreciated."</p><p>Amazon.com's partners include former president Bill Clinton and celebrities Clay Aiken, David Beckham, Blondie, Bon Jovi, Kelly Clarkson, Faith Hill, Elton John, Paul McCartney, Tim McGraw, Carly Simon, Rob Thomas, Christy Turlington, and Trisha Yearwood. Content made available by these partners ranges from unreleased songs to behind-the-scenes tour footage to drawings. Examples include never-seen-before videos of the making of music videos by Faith Hill and Kelly Clarkson, tour footage from Clay Aiken and Bon Jovi, and a drawing by Rob Thomas.</p><p>Amazon.com provides a safe and secure platform for making financial contributions to non-profit organizations. Amazon.com customers have demonstrated their willingness to use this platform and their generosity towards worthy causes, evidenced by contributing more than $12.5 million to the Red Cross for Hurricane Katrina and $16 million for tsunami relief efforts.</p><p>"Rebuilding the Gulf Coast has just begun," said Kathy Savitt, Amazon.com Vice President for Strategic Communications, Content, and Initiatives. "Amazon.com is happy to give customers a convenient way to continue their support while celebrating the season with exclusive content from their favorite stars."</p><p>About Amazon.com</p><p>Amazon.com, Inc., a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Amazon.com Forward Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>CONTACT:Amazon.com Media RelationsHotline: 206-266-7180Web site: www.amazon.com/prSOURCE:Amazon.com</p> |
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Amazon.com to Webcast Investor Conference Presentation | /news/news-details/2005/Amazon.com-to-Webcast-Investor-Conference-Presentation/default.aspx | Amazon.com-to-Webcast-Investor-Conference-Presentation | 4,528 | 11/25/2005 16:02:00 | Amazon.com to Webcast Investor Conference Presentation | 11/25/2005 | 2005 | SEATTLE, Nov 25, 2005 (BUSINESS WIRE) -- Amazon.com, Inc.(NASDAQ:AMZN) announced today that the Company will be speaking at Credit Suisse First Boston Technology Conference on December 1, 2005.
The presentation will be webcast live at 10:00 a.m. PT/1:00 p.m. ET and the Q&A will be webcast live at 10:30 a.m. PT/1:30 p.m. ET. The audio and associated slides will be available for at least three months thereafter, at www.amazon.com/ir.
SOURCE:Amazon.com, Inc.
Amazon.com, Inc.Patty Smith, 206-266-7180 | <p>SEATTLE, Nov 25, 2005 (BUSINESS WIRE) -- Amazon.com, Inc.(NASDAQ:AMZN) announced today that the Company will be speaking at Credit Suisse First Boston Technology Conference on December 1, 2005.</p><p>The presentation will be webcast live at 10:00 a.m. PT/1:00 p.m. ET and the Q&A will be webcast live at 10:30 a.m. PT/1:30 p.m. ET. The audio and associated slides will be available for at least three months thereafter, at www.amazon.com/ir.</p><p>SOURCE:Amazon.com, Inc.</p><p>Amazon.com, Inc.Patty Smith, 206-266-7180</p> |
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Amazon Announces Top-Selling Holiday Products | /news/news-details/2005/Amazon-Announces-Top-Selling-Holiday-Products/default.aspx | Amazon-Announces-Top-Selling-Holiday-Products | 4,530 | 11/25/2005 05:01:00 | Amazon Announces Top-Selling Holiday Products | 11/25/2005 | 2005 | SEATTLE--(BUSINESS WIRE)--Nov. 25, 2005--Amazon (NASDQ:AMZN) today announced top-selling products since November 1 on the Amazon.com Web site. The following are three of the best-selling items by total unit sales between November 1 and November 22, 2005 (prices quoted here are as of November 23 and are subject to change).
Apparel & Accessories 1. Dockers Khaki Individual Fit Waistband, $24 2. Pashmina Shawl, $39
3. Columbia Sportswear Men's and Women's 3 in 1 Bugaboo Parka, $99.90-$148.95
Shoes 1. UGG(R) Classic Tall, $130-$140 2. Converse Men's Wade, $89.99 3. Penny Loves Kenny Women's High Noon Western Boot, $79.90 Jewelry
1. Freshwater Cultured Pearl 3.0-7.5mm Necklace, 18" (Amazon.com Collection), $35
2. Sterling Silver Inspirational Bracelet, 8" (Amazon.com Collection), $25
3. 14k Yellow Gold Round Hoop Earrings (Amazon.com Collection), $25
Watches 1. Timex Time Teacher T71891, $12 2. Casio Men's Waveceptor Titanium Atomic Solar Watch, $95 3. Citizen Men's Skyhawk Eco-Drive Watch, $243.99 Consumer Electronics
1. CyberHome CH-DVD 300S Progressive-Scan DVD Player (Silver), $39.99
2. Apple 2 GB iPod Nano Black, $194.99 3. Apple 512 MB iPod Shuffle M9724LL/A, $94.99 Beauty 1. philosophy candy cane shower gel and bubble bath, $18 2. DuWop Lip Venom, $15 3. Sephora Mixed Pinks -- Face & Body, $25 Kitchen 1. Santa Fe Quesadilla Maker, $18.88 2. George Foreman GR10AWHT Champ Grill, $14.99 3. Riedel O Cabernet/Merlot Wine Tumblers, Set of 2, $18.95 Lawn & Garden
1. Oregon Scientific BAR608HGA Wireless Weather Station and Self-Setting Clock, $29.99
2. Weber Style 32908 Professional-Grade Barbecue Beeper Digital Thermometer, $27.95
3. Eastman Outdoors Model 38021 30 qt. Professional Grade Outdoor Cooking Set, $39.99
Gourmet Food 1. Deluxe Holiday Tower -- Harry and David, $49.95 2. Ghiradelli Chocolate Holiday Tower, $28 3. Our Famous Kona Coffee Holiday Sampler, $35.95 Sports & Outdoor 1. Schwinn 418 Elliptical, $799 2. Swiss Army Swiss Champ Pocket Knife, $37.99 3. LifeGear Inversion Table, $139.99 Music 1. Confessions on a Dance Floor, Madonna, $10.99
2. Born to Run: 30th Anniversary 3-disc Set, Bruce Springsteen, $25.98
3. The Essential Johnny Cash (Limited Edition), $16.99 Books 1. A Million Little Pieces, by James Frey, $10.46
2. The World Is Flat: A Brief History of the Twenty-first Century, by Thomas L. Friedman, $16
3. Team of Rivals: The Political Genius of Abraham Lincoln, by Doris Kearns Goodwin, $22.41
DVD
1. Star Wars, Episode III -- Revenge of the Sith (Widescreen Edition), $17.99
2. Batman Begins (Widescreen/Full Screen), $17.39 3. The Polar Express (Various Editions), $15.98-$19.98 Tools & Hardware 1. Racor PBH-1R ProStor Bicycle Hoist Monster, $14.94 2. Starrett 505A-12 ProSite Protractor, $34.94 3. Petzl E43P2 Tikka LED Headlamp, Black, $18.94 Video Games 1. Sid Meier's Civilization IV Special Edition, $44.99
2. Game Boy Advance SP: Spongebob Bundle with Spongebob: Battle for Bikini Bottom and Nicktoons Freeze Frame Frenzy, $109.95
3. PS2 Star Wars Battlefront II, $49.99 Software
1. QuickBooks Pro 2006 Financial Software for Small Business, $164.99
2. Norton AntiVirus 2006, $34.99
3. Microsoft Office Standard Student and Teacher Edition 2003, $119.99
Health & Personal Care
1. CW Step Pedometer (Pedometers for Walking Programs), $1.49
2. Braun 8595 Activator Self-Cleaning Shaving System with LCD Display, $149.88
3. Golden Alaska Deep Sea Fish Oil, Omega-3 1000mg 100 Capsules, $2.69
Holiday Shipping
Amazon.com is the home of great shipping options. For convenient and effortless shopping customers can take advantage of a popular new program called Amazon Prime. For $79 a year, customers receive free two-day express shipping on qualifying items, and overnight delivery for only $3.99. Amazon Prime benefits can be extended to up to four family members living in the same household and there is no minimum purchase required and no need to consolidate orders.
Additionally, customers can save money and be assured that their packages will arrive on-time for the holidays by using Amazon.com's convenient Free Super Saver Shipping. For delivery by December 24, the following guidelines apply (for items with 24-hour availability):
Dec. 16: Last day to order items using Free Super Saver Shipping on qualifying orders over $25.
Dec. 19: Last day to order items using Guaranteed Standard Shipping. For only $3.99 more than Standard Shipping, Amazon.com will guarantee delivery by Dec. 24.
Dec. 20: Last day to order items using Two-Day Shipping.
Dec. 21: Last day to order items using One-Day Shipping.
Dec. 22: Last day to order select items using Guaranteed Accelerated Delivery.
About Amazon.com
Amazon.com, Inc., (NASDQ:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
CONTACT:Amazon.comMedia Relations, 206-266-7180www.amazon.com/prSOURCE:Amazon.com | <p>SEATTLE--(BUSINESS WIRE)--Nov. 25, 2005--Amazon (NASDQ:AMZN) today announced top-selling products since November 1 on the Amazon.com Web site. The following are three of the best-selling items by total unit sales between November 1 and November 22, 2005 (prices quoted here are as of November 23 and are subject to change).</p><p>Apparel & Accessories 1. Dockers Khaki Individual Fit Waistband, $24 2. Pashmina Shawl, $39</p><p>3. Columbia Sportswear Men's and Women's 3 in 1 Bugaboo Parka, $99.90-$148.95</p><p>Shoes 1. UGG(R) Classic Tall, $130-$140 2. Converse Men's Wade, $89.99 3. Penny Loves Kenny Women's High Noon Western Boot, $79.90 Jewelry</p><p>1. Freshwater Cultured Pearl 3.0-7.5mm Necklace, 18" (Amazon.com Collection), $35</p><p>2. Sterling Silver Inspirational Bracelet, 8" (Amazon.com Collection), $25</p><p>3. 14k Yellow Gold Round Hoop Earrings (Amazon.com Collection), $25</p><p>Watches 1. Timex Time Teacher T71891, $12 2. Casio Men's Waveceptor Titanium Atomic Solar Watch, $95 3. Citizen Men's Skyhawk Eco-Drive Watch, $243.99 Consumer Electronics</p><p>1. CyberHome CH-DVD 300S Progressive-Scan DVD Player (Silver), $39.99</p><p>2. Apple 2 GB iPod Nano Black, $194.99 3. Apple 512 MB iPod Shuffle M9724LL/A, $94.99 Beauty 1. philosophy candy cane shower gel and bubble bath, $18 2. DuWop Lip Venom, $15 3. Sephora Mixed Pinks -- Face & Body, $25 Kitchen 1. Santa Fe Quesadilla Maker, $18.88 2. George Foreman GR10AWHT Champ Grill, $14.99 3. Riedel O Cabernet/Merlot Wine Tumblers, Set of 2, $18.95 Lawn & Garden</p><p>1. Oregon Scientific BAR608HGA Wireless Weather Station and Self-Setting Clock, $29.99</p><p>2. Weber Style 32908 Professional-Grade Barbecue Beeper Digital Thermometer, $27.95</p><p>3. Eastman Outdoors Model 38021 30 qt. Professional Grade Outdoor Cooking Set, $39.99</p><p>Gourmet Food 1. Deluxe Holiday Tower -- Harry and David, $49.95 2. Ghiradelli Chocolate Holiday Tower, $28 3. Our Famous Kona Coffee Holiday Sampler, $35.95 Sports & Outdoor 1. Schwinn 418 Elliptical, $799 2. Swiss Army Swiss Champ Pocket Knife, $37.99 3. LifeGear Inversion Table, $139.99 Music 1. Confessions on a Dance Floor, Madonna, $10.99</p><p>2. Born to Run: 30th Anniversary 3-disc Set, Bruce Springsteen, $25.98</p><p>3. The Essential Johnny Cash (Limited Edition), $16.99 Books 1. A Million Little Pieces, by James Frey, $10.46</p><p>2. The World Is Flat: A Brief History of the Twenty-first Century, by Thomas L. Friedman, $16</p><p>3. Team of Rivals: The Political Genius of Abraham Lincoln, by Doris Kearns Goodwin, $22.41</p><p>DVD</p><p>1. Star Wars, Episode III -- Revenge of the Sith (Widescreen Edition), $17.99</p><p>2. Batman Begins (Widescreen/Full Screen), $17.39 3. The Polar Express (Various Editions), $15.98-$19.98 Tools & Hardware 1. Racor PBH-1R ProStor Bicycle Hoist Monster, $14.94 2. Starrett 505A-12 ProSite Protractor, $34.94 3. Petzl E43P2 Tikka LED Headlamp, Black, $18.94 Video Games 1. Sid Meier's Civilization IV Special Edition, $44.99</p><p>2. Game Boy Advance SP: Spongebob Bundle with Spongebob: Battle for Bikini Bottom and Nicktoons Freeze Frame Frenzy, $109.95</p><p>3. PS2 Star Wars Battlefront II, $49.99 Software</p><p>1. QuickBooks Pro 2006 Financial Software for Small Business, $164.99</p><p>2. Norton AntiVirus 2006, $34.99</p><p>3. Microsoft Office Standard Student and Teacher Edition 2003, $119.99</p><p>Health & Personal Care</p><p>1. CW Step Pedometer (Pedometers for Walking Programs), $1.49</p><p>2. Braun 8595 Activator Self-Cleaning Shaving System with LCD Display, $149.88</p><p>3. Golden Alaska Deep Sea Fish Oil, Omega-3 1000mg 100 Capsules, $2.69</p><p>Holiday Shipping</p><p>Amazon.com is the home of great shipping options. For convenient and effortless shopping customers can take advantage of a popular new program called Amazon Prime. For $79 a year, customers receive free two-day express shipping on qualifying items, and overnight delivery for only $3.99. Amazon Prime benefits can be extended to up to four family members living in the same household and there is no minimum purchase required and no need to consolidate orders.</p><p>Additionally, customers can save money and be assured that their packages will arrive on-time for the holidays by using Amazon.com's convenient Free Super Saver Shipping. For delivery by December 24, the following guidelines apply (for items with 24-hour availability):</p><ul><ul><li>Dec. 16: Last day to order items using Free Super Saver Shipping on qualifying orders over $25.</li></ul></ul><ul><ul><li>Dec. 19: Last day to order items using Guaranteed Standard Shipping. For only $3.99 more than Standard Shipping, Amazon.com will guarantee delivery by Dec. 24.</li></ul></ul><ul><ul><li>Dec. 20: Last day to order items using Two-Day Shipping.</li></ul></ul><ul><ul><li>Dec. 21: Last day to order items using One-Day Shipping.</li></ul></ul><ul><ul><li>Dec. 22: Last day to order select items using Guaranteed Accelerated Delivery.</li></ul></ul><p>About Amazon.com</p><p>Amazon.com, Inc., (NASDQ:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>CONTACT:Amazon.comMedia Relations, 206-266-7180www.amazon.com/prSOURCE:Amazon.com</p> |
||
Amazon.com Holiday Delight-O-Meter Returns; More Than 33 Million Items Already Ordered from Amazon Sites Worldwide This Holiday Season | /news/news-details/2005/Amazon.com-Holiday-Delight-O-Meter-Returns-More-Than-33-Million-Items-Already-Ordered-from-Amazon-Sites-Worldwide-This-Holiday-Season/default.aspx | Amazon.com-Holiday-Delight-O-Meter-Returns-More-Than-33-Million-Items-Already-Ordered-from-Amazon-Sites-Worldwide-This-Holiday-Season | 4,535 | 11/23/2005 09:19:00 | Amazon.com Holiday Delight-O-Meter Returns; More Than 33 Million Items Already Ordered from Amazon Sites Worldwide This Holiday Season | 11/23/2005 | 2005 | More Than 33 Million Items Already Ordered from Amazon Sites Worldwide This Holiday Season
SEATTLE, Nov 23, 2005 (BUSINESS WIRE) -- Amazon.com, Inc. (Nasdaq:AMZN) today announced the return of the Holiday Delight-O-Meter, which first debuted during the 2000 holiday season. This year's Delight-O-Meter, which appears in the right column of the Amazon.com home page (www.amazon.com), tracks the approximate number of items ordered from Amazon's sites worldwide. It launched today with more than 33 million items ordered since November 1, 2005.
Amazon.com is preparing for its biggest holiday season ever, and while most retailers are closed Thanksgiving Day, Amazon's Web sites will be open. Rather than fight crowds over the long Thanksgiving weekend, customers can utilize convenient features such as the recently launched Gift Central, with over 40 gift guides from leading consumer magazines, to find all the perfect gifts from the comfort of their homes while the Thanksgiving turkey is in the oven.
Additionally, customers can take advantage of Amazon Prime, and Free Super Saver Shipping, to save money and ensure that their gifts get delivered in time for the holidays.
NOTE: The Delight-O-Meter should not be viewed or used as a predictor of revenue or other financial information relating to Amazon.com. The Delight-O-Meter is updated continually, but lags actual items ordered depending on the item.
2005 Amazon.com Holiday Picks
In what is expected to be its biggest holiday season ever, the Electronics, Beauty, Toys, Jewelry, and Home & Garden stores will be among Amazon.com's busiest. The following are great gift ideas from Amazon editors (prices as of Nov. 21 and are subject to change):
Electronics
Creative Zen Sleek 20 GB MP3 Player, $229.99
Sony Cybershot DSCT5 5.1MP Digital Camera with 3x Optical Zoom (Silver), $332.49
Pepper Pad Internet Media Player, $807.49
Beauty
Philosophy Holiday Rescue Hot Cocoa & Marshmallow Gift Set, $25
Laura Mercier Kits -- Mini Lip Glace Set, $40
Lovely Sarah Jessica Parker Eau de Parfum Spray, 3.4 oz, $62
Jewelry & Watches
Philip Stein Teslar Watch, $446
Sterling InStyle Hoops by Shaesby, $85
14k White Gold Diamond Open Circle Pendant (1/3 ct tw), $250
Home & Garden
Bodum 3020-16US Espresso Granos, $419.99
Back to Basics TEM500 Egg & Muffin 2-Slice Toaster and Egg Poacher, $39.99
Nostalgia Electrics CFF-900 Stainless-Steel Chocolate Fondue Fountain, $68.50
Apparel & Accessories
Necessary Objects for The O.C. Junior's Turtleneck Cap Sleeve Sweater, $38
Pritti Women's Wool 10 Button Short Peacoat, $49.99
Kooba Chiara Handbag in Ivory, $525
Tools & Hardware
Leatherman 830039 New Wave with Leather Sheath, $69.85
Karcher K245 Electric Pressure Washer, $89.99
Black & Decker BDL400S BULLSEYE Crosshair 90-Degree Auto Leveling Laser, $34.94
Sports & Outdoor
Mio Fit Heart Rate Watch, $49.99
Swiss Army Golf Tool with Callaway Golf Balls, $34.99
Premium Diamond Suited Poker Chip Set, $49
Books
A Million Little Pieces, by James Frey, $10.46
Saving Fish from Drowning, by Amy Tan, $14.82
The Truth with Jokes, by Al Franken, $16.62
Music
Confessions on a Dance Floor, Madonna, $10.99
Born to Run: 30th Anniversary 3-disc Set, Bruce Springsteen, $28.98
Thanks for the Memory ... The Great American Songbook IV, Rod Stewart, $13.49
DVD
March of the Penguins, $16.98
Star Wars, Episode III -- Revenge of the Sith (Widescreen Edition) (2005), $17.99
Arrested Development -- Season Two (2004), $21.97
Holiday Shipping
Amazon.com is the home of great shipping options. For convenient and effortless shopping customers can take advantage of a popular new program called Amazon Prime. For $79 a year, customers receive free two-day express shipping on qualifying items, and overnight delivery for only $3.99. Amazon Prime benefits can be extended to up to four family members living in the same household and there is no minimum purchase required and no need to consolidate orders.
Additionally, customers can save money and be assured that their packages will arrive on time for the holidays by using Amazon.com's convenient Free Super Saver Shipping.
For delivery by December 24, the following guidelines apply (for items with 24-hour availability):
-- Dec. 16: Last day to order items using Free Super Saver Shipping on qualifying orders over $25.
-- Dec. 19: Last day to order items using Guaranteed Standard Shipping. For only $3.99 more than Standard Shipping, Amazon.com will guarantee delivery by Dec. 24.
-- Dec. 20: Last day to order items using Two-Day Shipping.
-- Dec. 21: Last day to order items using One-Day Shipping.
-- Dec. 22: Last day to order select items using Guaranteed Accelerated Delivery.
About the Delight-O-Meter
The Delight-O-Meter tracks the approximate number of items ordered from Amazon.com and third-party sellers at www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, as well as Amazon.com-owned items, such as books, music and DVD/video products, ordered at Syndicated Stores domains (such as www.borders.com) and from Amazon.com's stores at www.target.com.
The Delight-O-Meter excludes certain items, including items ordered from www.joyo.com, Amazon gift certificates, items ordered through catalogs and items not owned by Amazon.com ordered through non-Amazon.com domains -- such as www.target.com. The Delight-O-Meter is not adjusted for items ordered that are subsequently canceled or returned.
This year's Delight-O-Meter launched on November 23, 2005, with a count of over 33 million items ordered since November 1, 2005. The Delight-O-Meter is updated continually, but lags actual items ordered depending on the item. The Delight-O-Meter should not be viewed or used as a predictor or indicator of revenue or other financial information relating to Amazon.com.
About Amazon.com
Amazon.com, Inc., (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward-Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
SOURCE: Amazon.com, Inc.
Amazon.com, Inc., SeattleMedia Relations, 206-266-7180www.amazon.com/pr | <p>More Than 33 Million Items Already Ordered from Amazon Sites Worldwide This Holiday Season</p><p>SEATTLE, Nov 23, 2005 (BUSINESS WIRE) -- Amazon.com, Inc. (Nasdaq:AMZN) today announced the return of the Holiday Delight-O-Meter, which first debuted during the 2000 holiday season. This year's Delight-O-Meter, which appears in the right column of the Amazon.com home page (www.amazon.com), tracks the approximate number of items ordered from Amazon's sites worldwide. It launched today with more than 33 million items ordered since November 1, 2005.</p><p>Amazon.com is preparing for its biggest holiday season ever, and while most retailers are closed Thanksgiving Day, Amazon's Web sites will be open. Rather than fight crowds over the long Thanksgiving weekend, customers can utilize convenient features such as the recently launched Gift Central, with over 40 gift guides from leading consumer magazines, to find all the perfect gifts from the comfort of their homes while the Thanksgiving turkey is in the oven.</p><p>Additionally, customers can take advantage of Amazon Prime, and Free Super Saver Shipping, to save money and ensure that their gifts get delivered in time for the holidays.</p><p>NOTE: The Delight-O-Meter should not be viewed or used as a predictor of revenue or other financial information relating to Amazon.com. The Delight-O-Meter is updated continually, but lags actual items ordered depending on the item.</p><p>2005 Amazon.com Holiday Picks</p><p>In what is expected to be its biggest holiday season ever, the Electronics, Beauty, Toys, Jewelry, and Home & Garden stores will be among Amazon.com's busiest. The following are great gift ideas from Amazon editors (prices as of Nov. 21 and are subject to change):</p><p>Electronics</p><p>Creative Zen Sleek 20 GB MP3 Player, $229.99</p><p>Sony Cybershot DSCT5 5.1MP Digital Camera with 3x Optical Zoom (Silver), $332.49</p><p>Pepper Pad Internet Media Player, $807.49</p><p>Beauty</p><p>Philosophy Holiday Rescue Hot Cocoa & Marshmallow Gift Set, $25</p><p>Laura Mercier Kits -- Mini Lip Glace Set, $40</p><p>Lovely Sarah Jessica Parker Eau de Parfum Spray, 3.4 oz, $62</p><p>Jewelry & Watches</p><p>Philip Stein Teslar Watch, $446</p><p>Sterling InStyle Hoops by Shaesby, $85</p><p>14k White Gold Diamond Open Circle Pendant (1/3 ct tw), $250</p><p>Home & Garden</p><p>Bodum 3020-16US Espresso Granos, $419.99</p><p>Back to Basics TEM500 Egg & Muffin 2-Slice Toaster and Egg Poacher, $39.99</p><p>Nostalgia Electrics CFF-900 Stainless-Steel Chocolate Fondue Fountain, $68.50</p><p>Apparel & Accessories</p><p>Necessary Objects for The O.C. Junior's Turtleneck Cap Sleeve Sweater, $38</p><p>Pritti Women's Wool 10 Button Short Peacoat, $49.99</p><p>Kooba Chiara Handbag in Ivory, $525</p><p>Tools & Hardware</p><p>Leatherman 830039 New Wave with Leather Sheath, $69.85</p><p>Karcher K245 Electric Pressure Washer, $89.99</p><p>Black & Decker BDL400S BULLSEYE Crosshair 90-Degree Auto Leveling Laser, $34.94</p><p>Sports & Outdoor</p><p>Mio Fit Heart Rate Watch, $49.99</p><p>Swiss Army Golf Tool with Callaway Golf Balls, $34.99</p><p>Premium Diamond Suited Poker Chip Set, $49</p><p>Books</p><p>A Million Little Pieces, by James Frey, $10.46</p><p>Saving Fish from Drowning, by Amy Tan, $14.82</p><p>The Truth with Jokes, by Al Franken, $16.62</p><p>Music</p><p>Confessions on a Dance Floor, Madonna, $10.99</p><p>Born to Run: 30th Anniversary 3-disc Set, Bruce Springsteen, $28.98</p><p>Thanks for the Memory ... The Great American Songbook IV, Rod Stewart, $13.49</p><p>DVD</p><p>March of the Penguins, $16.98</p><p>Star Wars, Episode III -- Revenge of the Sith (Widescreen Edition) (2005), $17.99</p><p>Arrested Development -- Season Two (2004), $21.97</p><p>Holiday Shipping</p><p>Amazon.com is the home of great shipping options. For convenient and effortless shopping customers can take advantage of a popular new program called Amazon Prime. For $79 a year, customers receive free two-day express shipping on qualifying items, and overnight delivery for only $3.99. Amazon Prime benefits can be extended to up to four family members living in the same household and there is no minimum purchase required and no need to consolidate orders.</p><p>Additionally, customers can save money and be assured that their packages will arrive on time for the holidays by using Amazon.com's convenient Free Super Saver Shipping.</p><p>For delivery by December 24, the following guidelines apply (for items with 24-hour availability):</p><p>-- Dec. 16: Last day to order items using Free Super Saver Shipping on qualifying orders over $25.</p><p>-- Dec. 19: Last day to order items using Guaranteed Standard Shipping. For only $3.99 more than Standard Shipping, Amazon.com will guarantee delivery by Dec. 24.</p><p>-- Dec. 20: Last day to order items using Two-Day Shipping.</p><p>-- Dec. 21: Last day to order items using One-Day Shipping.</p><p>-- Dec. 22: Last day to order select items using Guaranteed Accelerated Delivery.</p><p>About the Delight-O-Meter</p><p>The Delight-O-Meter tracks the approximate number of items ordered from Amazon.com and third-party sellers at www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, as well as Amazon.com-owned items, such as books, music and DVD/video products, ordered at Syndicated Stores domains (such as www.borders.com) and from Amazon.com's stores at www.target.com.</p><p>The Delight-O-Meter excludes certain items, including items ordered from www.joyo.com, Amazon gift certificates, items ordered through catalogs and items not owned by Amazon.com ordered through non-Amazon.com domains -- such as www.target.com. The Delight-O-Meter is not adjusted for items ordered that are subsequently canceled or returned.</p><p>This year's Delight-O-Meter launched on November 23, 2005, with a count of over 33 million items ordered since November 1, 2005. The Delight-O-Meter is updated continually, but lags actual items ordered depending on the item. The Delight-O-Meter should not be viewed or used as a predictor or indicator of revenue or other financial information relating to Amazon.com.</p><p>About Amazon.com</p><p>Amazon.com, Inc., (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward-Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>SOURCE: Amazon.com, Inc. </p><p>Amazon.com, Inc., SeattleMedia Relations, 206-266-7180www.amazon.com/pr</p> |
||
Amazon.co.jp Opens New "Sports" Store! | /news/news-details/2005/Amazon.co.jp-Opens-New-Sports-Store/default.aspx | Amazon.co.jp-Opens-New-Sports-Store | 4,537 | 11/22/2005 00:00:00 | Amazon.co.jp Opens New "Sports" Store! | 11/22/2005 | 2005 | Huge selection of more than 100,000 Sports items available, Offering up to 20% reward program for Golf related items!
Online store Amazon.co.jpihttp://www.amazon.co.jp/j announced today that it launched its new gSportsh storeihttp://www.amazon.co.jp/sports/joffering more than 100,000 sports-related goods covering 17 categories including fitness, golf, camping, outdoor, baseball and soccer. The launch of the gSportsh Store at Amazon.co.jp is the second sporting goods store in Amazonfs world-wide, following that of Amazon.com, which launched in September 2003.
The store features a vast selection of sporting goods from approximately 600 different domestic and foreign brands including Bridgestone, Dunlop, Nike and Adidas. It also provides fitness exercise equipment such as yoga supplies and dumbbells; dietary supplements such as amino acid, protein and diet drinks; outdoor products such as camping outfits; fishing goods and bicycles.
The website includes a new one-stop custom order feature to help shoppers find the perfect item by selecting the color or size of such items like shoes and uniforms. Regarding golf equipment, customers can search items by menfs, ladies and brand in addition to by item genre such as driver, iron and golf ball. The store provides all the useful features of Amazon.co.jp including product search, navigation, customer reviews and personalized recommendations to customers based on items already clicked or purchased.
gWe are very excited to offer such a huge selection of sporting goods at low prices, with the best shopping experience for customers in Japan,h said Jasper Cheung, President of Amazon Japan K.K.. gWe continue to expand our large selection of goods to satisfy our sports fans and general customers.h
The store offers a variety of products at low prices every day. Customers who purchase golf-related products such as clubs, golf training goods and golf shoes costing more than 5,000 JPY (tax included) will receive an Amazon.co.jp gift certificate valid for up to 20% of the purchase price, redeemable on a future Amazon.co.jp order. In addition to this gup to 20% reward program for golf related itemsh, as a campaign to commemorate the storefs opening, for a limited time only (until December 10, 2005), customers who order more than 5,000 JPY (tax included) at one time from Amazon.co.jpfs Sports store, will receive an Amazon.co.jp gift certificate valued 500 JPY available for immediate use. Please see websiteihttp://www.amazon.co.jp/sports/j for details.
FREE domestic shipping is applicable on any purchase of JPY1,500 (tax included) or more. COD purchases are also accepted.
About Amazon.co.jp www.amazon.co.jp
Amazon.co.jp opened its virtual doors in November 2000, and strives to be the worldfs most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.co.jp today offers more than ten million items of Japanese and foreign language books, CDs, DVDs, videos, software titles, PC & video games, electronics, Home & Kitchen, Toys & Hobby and Sports items. Through the Amazon Mobile mobile commerce platform, Amazon.co.jp is also accessible via i-mode, EZweb and Vodafone Llive! wireless devices. Amazon.co.jp customers enjoy the benefits of industry-leading, online shopping technology such as secure credit-card payment; COD payment; personalised recommendations; and streamlined, 1-Click ordering. Amazon.co.jp is one of six internationally focused websites operated by Amazon.com (NASDAQ: AMZN), a Fortune 500 company based in Seattle, Washington, USA; Amazon.com and its affiliates operate seven Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca and www.joyo.com.
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, commercial agreements and strategic alliances, seasonality, potential fluctuations in operating results and rate of growth, foreign exchange rates, management of potential growth, system interruption, international expansion, consumer trends, inventory, fulfillment center optimization, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
Please direct inquiries related to this press release to:Amazon Japan K.K.PR: Misao Konishi / Megumi MiyazakiTel: 03-4288-4020E-mail: press@amazon.co.jp | <p>Huge selection of more than 100,000 Sports items available, Offering up to 20% reward program for Golf related items!</p><p>Online store Amazon.co.jpihttp://www.amazon.co.jp/j announced today that it launched its new gSportsh storeihttp://www.amazon.co.jp/sports/joffering more than 100,000 sports-related goods covering 17 categories including fitness, golf, camping, outdoor, baseball and soccer. The launch of the gSportsh Store at Amazon.co.jp is the second sporting goods store in Amazonfs world-wide, following that of Amazon.com, which launched in September 2003.</p><p>The store features a vast selection of sporting goods from approximately 600 different domestic and foreign brands including Bridgestone, Dunlop, Nike and Adidas. It also provides fitness exercise equipment such as yoga supplies and dumbbells; dietary supplements such as amino acid, protein and diet drinks; outdoor products such as camping outfits; fishing goods and bicycles.</p><p>The website includes a new one-stop custom order feature to help shoppers find the perfect item by selecting the color or size of such items like shoes and uniforms. Regarding golf equipment, customers can search items by menfs, ladies and brand in addition to by item genre such as driver, iron and golf ball. The store provides all the useful features of Amazon.co.jp including product search, navigation, customer reviews and personalized recommendations to customers based on items already clicked or purchased.</p><p>gWe are very excited to offer such a huge selection of sporting goods at low prices, with the best shopping experience for customers in Japan,h said Jasper Cheung, President of Amazon Japan K.K.. gWe continue to expand our large selection of goods to satisfy our sports fans and general customers.h</p><p>The store offers a variety of products at low prices every day. Customers who purchase golf-related products such as clubs, golf training goods and golf shoes costing more than 5,000 JPY (tax included) will receive an Amazon.co.jp gift certificate valid for up to 20% of the purchase price, redeemable on a future Amazon.co.jp order. In addition to this gup to 20% reward program for golf related itemsh, as a campaign to commemorate the storefs opening, for a limited time only (until December 10, 2005), customers who order more than 5,000 JPY (tax included) at one time from Amazon.co.jpfs Sports store, will receive an Amazon.co.jp gift certificate valued 500 JPY available for immediate use. Please see websiteihttp://www.amazon.co.jp/sports/j for details.</p><p>FREE domestic shipping is applicable on any purchase of JPY1,500 (tax included) or more. COD purchases are also accepted.</p><p>About Amazon.co.jp www.amazon.co.jp</p><p>Amazon.co.jp opened its virtual doors in November 2000, and strives to be the worldfs most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.co.jp today offers more than ten million items of Japanese and foreign language books, CDs, DVDs, videos, software titles, PC & video games, electronics, Home & Kitchen, Toys & Hobby and Sports items. Through the Amazon Mobile mobile commerce platform, Amazon.co.jp is also accessible via i-mode, EZweb and Vodafone Llive! wireless devices. Amazon.co.jp customers enjoy the benefits of industry-leading, online shopping technology such as secure credit-card payment; COD payment; personalised recommendations; and streamlined, 1-Click ordering. Amazon.co.jp is one of six internationally focused websites operated by Amazon.com (NASDAQ: AMZN), a Fortune 500 company based in Seattle, Washington, USA; Amazon.com and its affiliates operate seven Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca and www.joyo.com.</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, commercial agreements and strategic alliances, seasonality, potential fluctuations in operating results and rate of growth, foreign exchange rates, management of potential growth, system interruption, international expansion, consumer trends, inventory, fulfillment center optimization, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>Please direct inquiries related to this press release to:Amazon Japan K.K.PR: Misao Konishi / Megumi MiyazakiTel: 03-4288-4020E-mail: press@amazon.co.jp</p> |
||
Amazon.co.jp Opens New "Sports" Store! Huge selection of more than 100,000 Sports items available, Offering up to 20% reward program for Golf related items! | /news/news-details/2005/Amazon.co.jp-Opens-New-Sports-Store-Huge-selection-of-more-than-100000-Sports-items-available-Offering-up-to-20-reward-program-for-Golf-related-items/default.aspx | Amazon.co.jp-Opens-New-Sports-Store-Huge-selection-of-more-than-100000-Sports-items-available-Offering-up-to-20-reward-program-for-Golf-related-items | 4,540 | 11/17/2005 00:00:00 | Amazon.co.jp Opens New "Sports" Store! Huge selection of more than 100,000 Sports items available, Offering up to 20% reward program for Golf related items! | 11/17/2005 | 2005 | Online store Amazon.co.jpihttp://www.amazon.co.jp/j announced today that it launched its new gSportsh storeihttp://www.amazon.co.jp/sports/joffering more than 100,000 sports-related goods covering 17 categories including fitness, golf, camping, outdoor, baseball and soccer. The launch of the gSportsh Store at Amazon.co.jp is the second sporting goods store in Amazonfs world-wide, following that of Amazon.com, which launched in September 2003.
The store features a vast selection of sporting goods from approximately 600 different domestic and foreign brands including Bridgestone, Dunlop, Nike and Adidas. It also provides fitness exercise equipment such as yoga supplies and dumbbells; dietary supplements such as amino acid, protein and diet drinks; outdoor products such as camping outfits; fishing goods and bicycles.
The website includes a new one-stop custom order feature to help shoppers find the perfect item by selecting the color or size of such items like shoes and uniforms. Regarding golf equipment, customers can search items by menfs, ladies and brand in addition to by item genre such as driver, iron and golf ball. The store provides all the useful features of Amazon.co.jp including product search, navigation, customer reviews and personalized recommendations to customers based on items already clicked or purchased.
gWe are very excited to offer such a huge selection of sporting goods at low prices, with the best shopping experience for customers in Japan,h said Jasper Cheung, President of Amazon Japan K.K.. gWe continue to expand our large selection of goods to satisfy our sports fans and general customers.h
The store offers a variety of products at low prices every day. Customers who purchase golf-related products such as clubs, golf training goods and golf shoes costing more than 5,000 JPY (tax included) will receive an Amazon.co.jp gift certificate valid for up to 20% of the purchase price, redeemable on a future Amazon.co.jp order. In addition to this gup to 20% reward program for golf related itemsh, as a campaign to commemorate the storefs opening, for a limited time only (until December 10, 2005), customers who order more than 5,000 JPY (tax included) at one time from Amazon.co.jpfs Sports store, will receive an Amazon.co.jp gift certificate valued 500 JPY available for immediate use. Please see websiteihttp://www.amazon.co.jp/sports/j for details.
FREE domestic shipping is applicable on any purchase of JPY1,500 (tax included) or more. COD purchases are also accepted.
About Amazon.co.jp www.amazon.co.jp
Amazon.co.jp opened its virtual doors in November 2000, and strives to be the worldfs most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.co.jp today offers more than ten million items of Japanese and foreign language books, CDs, DVDs, videos, software titles, PC & video games, electronics, Home & Kitchen, Toys & Hobby and Sports items. Through the Amazon Mobile mobile commerce platform, Amazon.co.jp is also accessible via i-mode, EZweb and Vodafone Llive! wireless devices. Amazon.co.jp customers enjoy the benefits of industry-leading, online shopping technology such as secure credit-card payment; COD payment; personalised recommendations; and streamlined, 1-Click ordering. Amazon.co.jp is one of six internationally focused websites operated by Amazon.com (NASDAQ: AMZN), a Fortune 500 company based in Seattle, Washington, USA; Amazon.com and its affiliates operate seven Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca and www.joyo.com.
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, commercial agreements and strategic alliances, seasonality, potential fluctuations in operating results and rate of growth, foreign exchange rates, management of potential growth, system interruption, international expansion, consumer trends, inventory, fulfillment center optimization, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
Please direct inquiries related to this press release to:Amazon Japan K.K.PR: Misao Konishi / Megumi MiyazakiTel: 03-4288-4020E-mail: press@amazon.co.jp | <p>Online store Amazon.co.jpihttp://www.amazon.co.jp/j announced today that it launched its new gSportsh storeihttp://www.amazon.co.jp/sports/joffering more than 100,000 sports-related goods covering 17 categories including fitness, golf, camping, outdoor, baseball and soccer. The launch of the gSportsh Store at Amazon.co.jp is the second sporting goods store in Amazonfs world-wide, following that of Amazon.com, which launched in September 2003.</p><p>The store features a vast selection of sporting goods from approximately 600 different domestic and foreign brands including Bridgestone, Dunlop, Nike and Adidas. It also provides fitness exercise equipment such as yoga supplies and dumbbells; dietary supplements such as amino acid, protein and diet drinks; outdoor products such as camping outfits; fishing goods and bicycles.</p><p>The website includes a new one-stop custom order feature to help shoppers find the perfect item by selecting the color or size of such items like shoes and uniforms. Regarding golf equipment, customers can search items by menfs, ladies and brand in addition to by item genre such as driver, iron and golf ball. The store provides all the useful features of Amazon.co.jp including product search, navigation, customer reviews and personalized recommendations to customers based on items already clicked or purchased.</p><p>gWe are very excited to offer such a huge selection of sporting goods at low prices, with the best shopping experience for customers in Japan,h said Jasper Cheung, President of Amazon Japan K.K.. gWe continue to expand our large selection of goods to satisfy our sports fans and general customers.h</p><p>The store offers a variety of products at low prices every day. Customers who purchase golf-related products such as clubs, golf training goods and golf shoes costing more than 5,000 JPY (tax included) will receive an Amazon.co.jp gift certificate valid for up to 20% of the purchase price, redeemable on a future Amazon.co.jp order. In addition to this gup to 20% reward program for golf related itemsh, as a campaign to commemorate the storefs opening, for a limited time only (until December 10, 2005), customers who order more than 5,000 JPY (tax included) at one time from Amazon.co.jpfs Sports store, will receive an Amazon.co.jp gift certificate valued 500 JPY available for immediate use. Please see websiteihttp://www.amazon.co.jp/sports/j for details.</p><p>FREE domestic shipping is applicable on any purchase of JPY1,500 (tax included) or more. COD purchases are also accepted.</p><p>About Amazon.co.jp www.amazon.co.jp</p><p>Amazon.co.jp opened its virtual doors in November 2000, and strives to be the worldfs most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.co.jp today offers more than ten million items of Japanese and foreign language books, CDs, DVDs, videos, software titles, PC & video games, electronics, Home & Kitchen, Toys & Hobby and Sports items. Through the Amazon Mobile mobile commerce platform, Amazon.co.jp is also accessible via i-mode, EZweb and Vodafone Llive! wireless devices. Amazon.co.jp customers enjoy the benefits of industry-leading, online shopping technology such as secure credit-card payment; COD payment; personalised recommendations; and streamlined, 1-Click ordering. Amazon.co.jp is one of six internationally focused websites operated by Amazon.com (NASDAQ: AMZN), a Fortune 500 company based in Seattle, Washington, USA; Amazon.com and its affiliates operate seven Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca and www.joyo.com.</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, commercial agreements and strategic alliances, seasonality, potential fluctuations in operating results and rate of growth, foreign exchange rates, management of potential growth, system interruption, international expansion, consumer trends, inventory, fulfillment center optimization, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>Please direct inquiries related to this press release to:Amazon Japan K.K.PR: Misao Konishi / Megumi MiyazakiTel: 03-4288-4020E-mail: press@amazon.co.jp</p> |
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Amazon's Joyo.com -- China's Leading Online Retailer -- Honored with Customer Care Award | /news/news-details/2005/Amazons-Joyo.com----Chinas-Leading-Online-Retailer----Honored-with-Customer-Care-Award/default.aspx | Amazons-Joyo.com----Chinas-Leading-Online-Retailer----Honored-with-Customer-Care-Award | 4,542 | 11/10/2005 08:01:00 | Amazon's Joyo.com -- China's Leading Online Retailer -- Honored with Customer Care Award | 11/10/2005 | 2005 | SEATTLE--(BUSINESS WIRE)--Nov. 10, 2005--Amazon's Joyo.com, China's leading online retailer for books, music, DVDs, electronics and other products, was named by The China Call Center and CRM Association as a winner of its "Award for Customer Care & Management Excellence China 2005." Joyo.com was the only B2C e-commerce site selected for this award.
"At Joyo.com, the customer is at the heart of everything we do," said Hanhua Wang, managing director of Joyo.com. "We are greatly honored to be chosen as one of the most customer-centric companies in China, and we look forward to making Joyo.com even better for our customers in the months and years to come."
In addition to providing customers in China with the widest selection of media products -- as well as toys and electronics -- at the best prices, Joyo.com exports Chinese-language books, DVDs and music to dozens of countries around the world.
Since Amazon.com acquired Joyo.com Limited, Joyo.com has introduced a number of improvements to its web site which makes shopping and buying even easier.
For example, Joyo.com has added thousands of new titles in all categories, which means that customers can find more of what they're looking for. Joyo.com also offers improved browse features and faster search results, so it's easy for customers to find what they want, more self-service features, allowing customers to better manage their accounts, and expanded payment options, enabling customers to use more types of credit cards on the site.
In addition, Joyo.com recently became the first e-commerce company in China to automatically give customers a credit after it lowered the price on the highly anticipated Harry Potter and the Half-Blood Prince (Chinese simplified version), the sixth book in J.K. Rowling's epic Harry Potter series. In July 2005, Amazon.com announced that pre-orders for Harry Potter and the Half Blood Prince had exceeded 1.5 million orders worldwide, making the title the online retailer's largest new product release ever.
About Joyo.com
Joyo.com was founded in May 2000 and offers customers a wide selection of books, music, videos and DVDs, electronics, software, toys and gifts, among other products. Joyo.com is headquartered in Beijing.
In 2004 Amazon.com acquired Joyo.com Limited, which operates the Joyo.com Web sites in cooperation with Chinese subsidiaries and affiliates.
About Amazon.com
Amazon.com, Inc. (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward-Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
CONTACT:Amazon.com Media Relations, 206-266-7180SOURCE:Amazon.com | <p>SEATTLE--(BUSINESS WIRE)--Nov. 10, 2005--Amazon's Joyo.com, China's leading online retailer for books, music, DVDs, electronics and other products, was named by The China Call Center and CRM Association as a winner of its "Award for Customer Care & Management Excellence China 2005." Joyo.com was the only B2C e-commerce site selected for this award.</p><p>"At Joyo.com, the customer is at the heart of everything we do," said Hanhua Wang, managing director of Joyo.com. "We are greatly honored to be chosen as one of the most customer-centric companies in China, and we look forward to making Joyo.com even better for our customers in the months and years to come."</p><p>In addition to providing customers in China with the widest selection of media products -- as well as toys and electronics -- at the best prices, Joyo.com exports Chinese-language books, DVDs and music to dozens of countries around the world.</p><p>Since Amazon.com acquired Joyo.com Limited, Joyo.com has introduced a number of improvements to its web site which makes shopping and buying even easier.</p><p>For example, Joyo.com has added thousands of new titles in all categories, which means that customers can find more of what they're looking for. Joyo.com also offers improved browse features and faster search results, so it's easy for customers to find what they want, more self-service features, allowing customers to better manage their accounts, and expanded payment options, enabling customers to use more types of credit cards on the site.</p><p>In addition, Joyo.com recently became the first e-commerce company in China to automatically give customers a credit after it lowered the price on the highly anticipated Harry Potter and the Half-Blood Prince (Chinese simplified version), the sixth book in J.K. Rowling's epic Harry Potter series. In July 2005, Amazon.com announced that pre-orders for Harry Potter and the Half Blood Prince had exceeded 1.5 million orders worldwide, making the title the online retailer's largest new product release ever.</p><p>About Joyo.com</p><p>Joyo.com was founded in May 2000 and offers customers a wide selection of books, music, videos and DVDs, electronics, software, toys and gifts, among other products. Joyo.com is headquartered in Beijing.</p><p>In 2004 Amazon.com acquired Joyo.com Limited, which operates the Joyo.com Web sites in cooperation with Chinese subsidiaries and affiliates.</p><p>About Amazon.com</p><p>Amazon.com, Inc. (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward-Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>CONTACT:Amazon.com Media Relations, 206-266-7180SOURCE:Amazon.com</p> |
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Amazon.com Announces Record-Breaking Watch Sales in Third Quarter; Amazon Jewelry & Watches Store Offers the Largest Selection and Industry-Leading Prices on Watches | /news/news-details/2005/Amazon.com-Announces-Record-Breaking-Watch-Sales-in-Third-Quarter-Amazon-Jewelry--Watches-Store-Offers-the-Largest-Selection-and-Industry-Leading-Prices-on-Watches/default.aspx | Amazon.com-Announces-Record-Breaking-Watch-Sales-in-Third-Quarter-Amazon-Jewelry--Watches-Store-Offers-the-Largest-Selection-and-Industry-Leading-Prices-on-Watches | 4,544 | 11/08/2005 09:02:00 | Amazon.com Announces Record-Breaking Watch Sales in Third Quarter; Amazon Jewelry & Watches Store Offers the Largest Selection and Industry-Leading Prices on Watches | 11/08/2005 | 2005 | Amazon Jewelry & Watches Store Offers the Largest Selection and Industry-Leading Prices on Watches
SEATTLE--(BUSINESS WIRE)--Nov. 8, 2005--Amazon Services, an Amazon.com, Inc. (Nasdaq:AMZN) company, today announced record-breaking sales of watches in the Amazon Jewelry & Watches Store. Watch sales grew more than 150 percent in the third quarter of 2005 verses the same quarter last year. The company attributes the sales growth to increased customer awareness of the Jewelry & Watches Store, as well as its unparalleled selection and industry-leading prices.
The Amazon Jewelry & Watches Store offers customers the largest selection of new watches anywhere, with more than 40,000 watches from over 250 brands including Timex, Casio, Citizen, Movado, TAG Heuer, Omega, Fossil, Tissot, Invicta, Bulova and Swiss Army (www.amazon.com/watches). Prices range from $10 to $100,000.
The Amazon retail business leverages the efficiencies of its business model to offer customers significantly lower prices than other retailers--often more than 50 percent lower. Additionally, customers can often compare the exact same watch from several different sellers, enabling them to find the lowest price and best availability on Amazon.com.
"Customers want watches ranging from the digital sports watch purchased before starting a new fitness program, to the gold and diamond watch celebrating an anniversary that will become a family heirloom," said Steven Goldsmith, vice president, Amazon Jewelry & Watches. "We are pleased that Amazon.com offers customers one place to find any watch they're looking for at a substantial discount."
Third-Quarter Snapshot:
Best-Selling Watch: Titanium Citizen Skyhawk Eco-drive for $250
Most Expensive Watch Sold: Breitling Windrider Cockpit 187 for $7,295
Most Popular Brand: Tag Heuer (starting from less than $399)
Every watch offered on Amazon.com is guaranteed to be authentic, and all third-party purchases are backed by Amazon.com's A-to-Z guarantee. For more information on the A-to-Z Guarantee, please visit the Help section on Amazon.com.
About Amazon.com
Amazon.com, Inc., a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
CONTACT:Amazon.comAmazon Media Relations, 206-266-7180SOURCE:Amazon.com | <p>Amazon Jewelry & Watches Store Offers the Largest Selection and Industry-Leading Prices on Watches</p><p>SEATTLE--(BUSINESS WIRE)--Nov. 8, 2005--Amazon Services, an Amazon.com, Inc. (Nasdaq:AMZN) company, today announced record-breaking sales of watches in the Amazon Jewelry & Watches Store. Watch sales grew more than 150 percent in the third quarter of 2005 verses the same quarter last year. The company attributes the sales growth to increased customer awareness of the Jewelry & Watches Store, as well as its unparalleled selection and industry-leading prices.</p><p>The Amazon Jewelry & Watches Store offers customers the largest selection of new watches anywhere, with more than 40,000 watches from over 250 brands including Timex, Casio, Citizen, Movado, TAG Heuer, Omega, Fossil, Tissot, Invicta, Bulova and Swiss Army (www.amazon.com/watches). Prices range from $10 to $100,000.</p><p>The Amazon retail business leverages the efficiencies of its business model to offer customers significantly lower prices than other retailers--often more than 50 percent lower. Additionally, customers can often compare the exact same watch from several different sellers, enabling them to find the lowest price and best availability on Amazon.com.</p><p>"Customers want watches ranging from the digital sports watch purchased before starting a new fitness program, to the gold and diamond watch celebrating an anniversary that will become a family heirloom," said Steven Goldsmith, vice president, Amazon Jewelry & Watches. "We are pleased that Amazon.com offers customers one place to find any watch they're looking for at a substantial discount."</p><p>Third-Quarter Snapshot:</p><ul><li>Best-Selling Watch: Titanium Citizen Skyhawk Eco-drive for $250</li><li>Most Expensive Watch Sold: Breitling Windrider Cockpit 187 for $7,295</li><li>Most Popular Brand: Tag Heuer (starting from less than $399)</li></ul><p>Every watch offered on Amazon.com is guaranteed to be authentic, and all third-party purchases are backed by Amazon.com's A-to-Z guarantee. For more information on the A-to-Z Guarantee, please visit the Help section on Amazon.com.</p><p>About Amazon.com</p><p>Amazon.com, Inc., a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>CONTACT:Amazon.comAmazon Media Relations, 206-266-7180SOURCE:Amazon.com</p> |
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Amazon.com Launches New Gifting Experience for Customers to Discover and Manage Year-Round Gift-Giving; Daily Gift Recommendations from the Editors of DailyCandy | /news/news-details/2005/Amazon.com-Launches-New-Gifting-Experience-for-Customers-to-Discover-and-Manage-Year-Round-Gift-Giving-Daily-Gift-Recommendations-from-the-Editors-of-DailyCandy/default.aspx | Amazon.com-Launches-New-Gifting-Experience-for-Customers-to-Discover-and-Manage-Year-Round-Gift-Giving-Daily-Gift-Recommendations-from-the-Editors-of-DailyCandy | 4,546 | 11/07/2005 09:01:00 | Amazon.com Launches New Gifting Experience for Customers to Discover and Manage Year-Round Gift-Giving; Daily Gift Recommendations from the Editors of DailyCandy | 11/07/2005 | 2005 | SEATTLE--(BUSINESS WIRE)--Nov. 7, 2005-- Exclusive Gift Guides from More than 40 Top Consumer and Lifestyle Magazines; and Amazon's first-ever Gift Organizer to Help Customers Plan Purchases and Track their Giving Year-Round
Amazon.com, Inc. (Nasdaq: AMZN) today announced the launch of "Gift Central," an innovative new site experience designed to organize and streamline customers' gift-giving this holiday season and beyond. Amazon has also teamed with DailyCandy.com to offer customers "Today's Gift," daily shopping-themed articles with accompanying gift ideas written by the editors of DailyCandy exclusively for Amazon.com.
Today's Gift from DailyCandy: The editors of DailyCandy have assembled clever and quirky gift ideas for the holiday season by shopping Amazon.com's 32 stores. Each day, customers will find a new article, written in DailyCandy's signature informative and entertaining voice. In line with their strict editorial policy, DailyCandy will not receive any compensation from Amazon.com for these recommendations or sales of featured products.
"DailyCandy knows what's great about shopping, and Amazon knows how to make shopping great. We're hoping to provide Amazon's holiday customers with the same fun and inspired ideas we give DailyCandy readers every day," said Peter Sheinbaum, CEO, DailyCandy, Inc.
Gift Guides: Amazon has also teamed with more than 40 top magazines to create a host of exclusive, hand-selected Gift Guides from the editors of Bon Appetit, Cargo, Cosmopolitan, Domino, Dwell, Entertainment Weekly, Esquire, Fitness, GQ, Harper's BAZAAR, Lucky, Marie Claire, Parenting, Popular Mechanics, Real Simple, Scientific American and Self, among others. In addition to browsing by magazine, customers can shop the Gift Guides by:
Product category (Apparel, Kitchen, Jewelry, and Camera & Photo, to name a few)
Recipient (Mom, Sweetheart, Urban Sophisticate, Design Addict and more)
Price (Under $25, Under $50, Under $75, as well as Luxury gifts)
Special Purpose (Stocking Stuffers, Corporate Gifts and Gift Exchange)
YEAR ROUND GIFT ORGANIZER
Designed to deliver unparalleled convenience to Amazon customers, the Gift Organizer is a virtual "gift assistant" to manage year-round gift-giving. Gift Organizer enables customers to build their own Gift Recipient List, selecting relevant gifting occasions for each special person such as birthday, anniversary, graduation, Valentine's Day, etc. Based on each recipient, the Gift Organizer links directly to Wish Lists, offers gift recommendations, saves gift ideas, and tracks gifts already purchased.
"Amazon understands that our customers appreciate low prices, great selection and convenience--especially during the holiday season," said Kathy Savitt, vice president, Amazon.com. "This year, we set out to create a set of gift-giving tools to help customers discover and buy the perfect gift for everyone on their list, for all occasions."
Customers can reach Gift Central from the Amazon.com home page and at www.amazon.com/giftcentral.
About DailyCandy.com
DailyCandy http://www.dailycandy.com, based in New York City, is the addictive free e-mail publication that always has the scoop on what's hot, new, and undiscovered (designers, restaurants, destinations, products). There are nine daily editions: New York, Los Angeles, Chicago, San Francisco, Boston, Dallas, London, Washington, D.C. and Everywhere (the national edition). There are also three weekly editions: DailyCandy Kids, which is for parents, is published on Thursdays; DailyCandy Travel is sent to all readers on Saturday; and DailyCandy Deals, which delivers sale offers selected by DailyCandy editors, is published on Tuesdays
About Amazon.com
Amazon.com, Inc., a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
CONTACT: Amazon.com Media Relations, 206-266-7180 SOURCE: Amazon.com | <p>SEATTLE--(BUSINESS WIRE)--Nov. 7, 2005-- Exclusive Gift Guides from More than 40 Top Consumer and Lifestyle Magazines; and Amazon's first-ever Gift Organizer to Help Customers Plan Purchases and Track their Giving Year-Round</p><p>Amazon.com, Inc. (Nasdaq: AMZN) today announced the launch of "Gift Central," an innovative new site experience designed to organize and streamline customers' gift-giving this holiday season and beyond. Amazon has also teamed with DailyCandy.com to offer customers "Today's Gift," daily shopping-themed articles with accompanying gift ideas written by the editors of DailyCandy exclusively for Amazon.com.</p><p>Today's Gift from DailyCandy: The editors of DailyCandy have assembled clever and quirky gift ideas for the holiday season by shopping Amazon.com's 32 stores. Each day, customers will find a new article, written in DailyCandy's signature informative and entertaining voice. In line with their strict editorial policy, DailyCandy will not receive any compensation from Amazon.com for these recommendations or sales of featured products.</p><p>"DailyCandy knows what's great about shopping, and Amazon knows how to make shopping great. We're hoping to provide Amazon's holiday customers with the same fun and inspired ideas we give DailyCandy readers every day," said Peter Sheinbaum, CEO, DailyCandy, Inc.</p><p>Gift Guides: Amazon has also teamed with more than 40 top magazines to create a host of exclusive, hand-selected Gift Guides from the editors of Bon Appetit, Cargo, Cosmopolitan, Domino, Dwell, Entertainment Weekly, Esquire, Fitness, GQ, Harper's BAZAAR, Lucky, Marie Claire, Parenting, Popular Mechanics, Real Simple, Scientific American and Self, among others. In addition to browsing by magazine, customers can shop the Gift Guides by:</p><ul><ul><li>Product category (Apparel, Kitchen, Jewelry, and Camera & Photo, to name a few)</li></ul></ul><ul><ul><li>Recipient (Mom, Sweetheart, Urban Sophisticate, Design Addict and more)</li></ul></ul><ul><ul><li>Price (Under $25, Under $50, Under $75, as well as Luxury gifts)</li></ul></ul><ul><li>Special Purpose (Stocking Stuffers, Corporate Gifts and Gift Exchange)</li></ul><p>YEAR ROUND GIFT ORGANIZER</p><p>Designed to deliver unparalleled convenience to Amazon customers, the Gift Organizer is a virtual "gift assistant" to manage year-round gift-giving. Gift Organizer enables customers to build their own Gift Recipient List, selecting relevant gifting occasions for each special person such as birthday, anniversary, graduation, Valentine's Day, etc. Based on each recipient, the Gift Organizer links directly to Wish Lists, offers gift recommendations, saves gift ideas, and tracks gifts already purchased.</p><p>"Amazon understands that our customers appreciate low prices, great selection and convenience--especially during the holiday season," said Kathy Savitt, vice president, Amazon.com. "This year, we set out to create a set of gift-giving tools to help customers discover and buy the perfect gift for everyone on their list, for all occasions."</p><p>Customers can reach Gift Central from the Amazon.com home page and at www.amazon.com/giftcentral.</p><p>About DailyCandy.com</p><p>DailyCandy http://www.dailycandy.com, based in New York City, is the addictive free e-mail publication that always has the scoop on what's hot, new, and undiscovered (designers, restaurants, destinations, products). There are nine daily editions: New York, Los Angeles, Chicago, San Francisco, Boston, Dallas, London, Washington, D.C. and Everywhere (the national edition). There are also three weekly editions: DailyCandy Kids, which is for parents, is published on Thursdays; DailyCandy Travel is sent to all readers on Saturday; and DailyCandy Deals, which delivers sale offers selected by DailyCandy editors, is published on Tuesdays</p><p>About Amazon.com</p><p>Amazon.com, Inc., a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>CONTACT: Amazon.com Media Relations, 206-266-7180 SOURCE: Amazon.com</p> |
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Amazon To Open Software Delopment Centers In lasi and Bucharest, Romania | /news/news-details/2005/Amazon-To-Open-Software-Delopment-Centers-In-lasi-and-Bucharest-Romania/default.aspx | Amazon-To-Open-Software-Delopment-Centers-In-lasi-and-Bucharest-Romania | 4,548 | 11/07/2005 00:00:00 | Amazon To Open Software Delopment Centers In lasi and Bucharest, Romania | 11/07/2005 | 2005 | November 7, 2005 – Amazon.com, Inc. (NASDAQ: AMZN) today announced that it is opening software development centers in Bucharest and Iasi, Romania. The center in Iasi is now open and the center in Bucharest is scheduled to open by the end of 2005. Both Romania centers are looking for Software Development Engineers, Database Architects, Team Leaders, and other exceptional computer scientists. Interested candidates can apply online at romania.amazon.com.
"We are delighted to announce the launch of the Amazon Development Centers in Romania," said Lucian Vornicu, Manager of the Amazon Development Center in Iasi. "Amazon.com chose to open centers in Romania because of the talented software professionals who live in the region. We look forward to hiring the region's best people to join our team as we build innovative technology for Amazon's customers around the world."
The Amazon Development Centers in Romania will focus on developing new and innovative web site features to help Amazon's customers find and discover anything they want to buy online. The centers are interested in hiring outstanding professionals with backgrounds in distributed system architecture, large-scale web sites, machine learning, statistics, software testing, or human/computer interface. Candidates should have experience designing and building sophisticated yet maintainable systems, and should be able to do so in about one-third the time most competent people think possible. Successful candidates will receive meaningful equity compensation.
Specific roles available now include Software Development Engineer, Database Architect, Quality Assurance Engineer, Software Development Engineer in Test, and Office Manager. Candidates interested in finding out more about the opportunities available at the centers should log onto romania.amazon.com. Amazon.com is not disclosing the total number of individuals who will be hired at the centers in Romania.
The Iasi and Bucharest centers will be the fifth and sixth Amazon.com international software development centers. Amazon.com also has centers in Edinburgh, Scotland; Cape Town, South Africa; Bangalore, India; and is planning to open a center Chennai, India, later this year.
About Amazon.com
Amazon.com (NASDAQ:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
For more information:Amazon.com Media Relations: call 206-266-7180 or click on "Inquiries" in the Amazon.com Press Room at www.amazon.com/pr | <p>November 7, 2005 – Amazon.com, Inc. (NASDAQ: AMZN) today announced that it is opening software development centers in Bucharest and Iasi, Romania. The center in Iasi is now open and the center in Bucharest is scheduled to open by the end of 2005. Both Romania centers are looking for Software Development Engineers, Database Architects, Team Leaders, and other exceptional computer scientists. Interested candidates can apply online at romania.amazon.com.</p><p>"We are delighted to announce the launch of the Amazon Development Centers in Romania," said Lucian Vornicu, Manager of the Amazon Development Center in Iasi. "Amazon.com chose to open centers in Romania because of the talented software professionals who live in the region. We look forward to hiring the region's best people to join our team as we build innovative technology for Amazon's customers around the world."</p><p>The Amazon Development Centers in Romania will focus on developing new and innovative web site features to help Amazon's customers find and discover anything they want to buy online. The centers are interested in hiring outstanding professionals with backgrounds in distributed system architecture, large-scale web sites, machine learning, statistics, software testing, or human/computer interface. Candidates should have experience designing and building sophisticated yet maintainable systems, and should be able to do so in about one-third the time most competent people think possible. Successful candidates will receive meaningful equity compensation.</p><p>Specific roles available now include Software Development Engineer, Database Architect, Quality Assurance Engineer, Software Development Engineer in Test, and Office Manager. Candidates interested in finding out more about the opportunities available at the centers should log onto romania.amazon.com. Amazon.com is not disclosing the total number of individuals who will be hired at the centers in Romania.</p><p>The Iasi and Bucharest centers will be the fifth and sixth Amazon.com international software development centers. Amazon.com also has centers in Edinburgh, Scotland; Cape Town, South Africa; Bangalore, India; and is planning to open a center Chennai, India, later this year.</p><p>About Amazon.com</p><p>Amazon.com (NASDAQ:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>For more information:Amazon.com Media Relations: call 206-266-7180 or click on "Inquiries" in the Amazon.com Press Room at www.amazon.com/pr</p> |
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Amazon.com Announces Plans for Innovative Digital Book Programs That Will Enable Customers to Purchase Online Access to Any Page, Section, or Chapter of a Book, as Well as the Book in Its Entirety | /news/news-details/2005/Amazon.com-Announces-Plans-for-Innovative-Digital-Book-Programs-That-Will-Enable-Customers-to-Purchase-Online-Access-to-Any-Page-Section-or-Chapter-of-a-Book-as-Well-as-the-Book-in-Its-Entirety/default.aspx | Amazon.com-Announces-Plans-for-Innovative-Digital-Book-Programs-That-Will-Enable-Customers-to-Purchase-Online-Access-to-Any-Page-Section-or-Chapter-of-a-Book-as-Well-as-the-Book-in-Its-Entirety | 4,550 | 11/03/2005 14:04:00 | Amazon.com Announces Plans for Innovative Digital Book Programs That Will Enable Customers to Purchase Online Access to Any Page, Section, or Chapter of a Book, as Well as the Book in Its Entirety | 11/03/2005 | 2005 | SEATTLE--(BUSINESS WIRE)--Nov. 3, 2005--Amazon.com (Nasdaq: AMZN) today announced two innovative programs to benefit readers, authors and publishers. Building on its successful Search Inside the Book technology, which allows customers to search the complete interior text of hundreds of thousands of books, the company is currently developing two new programs that will enable customers to purchase online access to any page, section, or chapter of a book, as well as the book in its entirety.
The first program, Amazon Pages, will "un-bundle" the physical-world experience of buying and reading a book so that customers can simply and inexpensively purchase and read online just the pages they need. For example, an entrepreneur interested in marketing his or her business could purchase the relevant chapters from several best-selling business books.
The second program, Amazon Upgrade, will allow customers to "upgrade" their purchase of a physical book on Amazon.com to include complete online access. For example, a software developer who buys a Java programming book will not only get the physical book delivered to his or her home, but will also get 24x7 Web access to the complete interior text of the book. Buy a cookbook and you will not only have it on your shelf, but also be able to access it anywhere via the Web.
"Amazon Pages and Amazon Upgrade leverage Amazon's existing Search Inside the Book technology to give customers unusual flexibility in how they buy and read books," said Jeff Bezos, founder and CEO, Amazon.com. "In collaboration with our publishing partners, we're working hard to make the world's books instantly accessible anytime and anywhere."
"It is important for the publishing community to explore new business models for digital delivery that compensate publishers and authors fairly. We look forward to working together with Amazon as they develop these innovative new programs to expand the market for digital content," said John Sargent, CEO, Holtzbrinck Publishers.
Amazon launched Search Inside the Book two years ago, for the first time allowing customers to find and discover books by searching the text inside them. The program has grown substantially since then, and today, one out of two books sold in the U.S. by Amazon.com are in Amazon's Search Inside the Book program. Based on the success of the progam in the U.S., Amazon has recently launched Search Inside the Book in the U.K., Germany, France, Canada and Japan.
Publishers interested in participating in Amazon Pages or Amazon Upgrade can contact digitalbooks@amazon.com.
About Amazon.com
Amazon.com, Inc., a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
CONTACT: Amazon.com Public Relations206-266-7180SOURCE: Amazon.com | <p>SEATTLE--(BUSINESS WIRE)--Nov. 3, 2005--Amazon.com (Nasdaq: AMZN) today announced two innovative programs to benefit readers, authors and publishers. Building on its successful Search Inside the Book technology, which allows customers to search the complete interior text of hundreds of thousands of books, the company is currently developing two new programs that will enable customers to purchase online access to any page, section, or chapter of a book, as well as the book in its entirety.</p><p>The first program, Amazon Pages, will "un-bundle" the physical-world experience of buying and reading a book so that customers can simply and inexpensively purchase and read online just the pages they need. For example, an entrepreneur interested in marketing his or her business could purchase the relevant chapters from several best-selling business books.</p><p>The second program, Amazon Upgrade, will allow customers to "upgrade" their purchase of a physical book on Amazon.com to include complete online access. For example, a software developer who buys a Java programming book will not only get the physical book delivered to his or her home, but will also get 24x7 Web access to the complete interior text of the book. Buy a cookbook and you will not only have it on your shelf, but also be able to access it anywhere via the Web.</p><p>"Amazon Pages and Amazon Upgrade leverage Amazon's existing Search Inside the Book technology to give customers unusual flexibility in how they buy and read books," said Jeff Bezos, founder and CEO, Amazon.com. "In collaboration with our publishing partners, we're working hard to make the world's books instantly accessible anytime and anywhere."</p><p>"It is important for the publishing community to explore new business models for digital delivery that compensate publishers and authors fairly. We look forward to working together with Amazon as they develop these innovative new programs to expand the market for digital content," said John Sargent, CEO, Holtzbrinck Publishers.</p><p>Amazon launched Search Inside the Book two years ago, for the first time allowing customers to find and discover books by searching the text inside them. The program has grown substantially since then, and today, one out of two books sold in the U.S. by Amazon.com are in Amazon's Search Inside the Book program. Based on the success of the progam in the U.S., Amazon has recently launched Search Inside the Book in the U.K., Germany, France, Canada and Japan.</p><p>Publishers interested in participating in Amazon Pages or Amazon Upgrade can contact digitalbooks@amazon.com.</p><p>About Amazon.com</p><p>Amazon.com, Inc., a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>CONTACT: Amazon.com Public Relations206-266-7180SOURCE: Amazon.com</p> |
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Beginner Filmmaker Wins Amazon Theater/Tribeca Film Festival Short-Film Competition with His Second Film; Jack Paccione, Jr. Took Second Place in Inaugural Competition Last July with His First-Ever Film | /news/news-details/2005/Beginner-Filmmaker-Wins-Amazon-Theater-Tribeca-Film-Festival-Short-Film-Competition-with-His-Second-Film-Jack-Paccione-Jr.-Took-Second-Place-in-Inaugural-Competition-Last-July-with-His-First-Ever-Film/default.aspx | Beginner-Filmmaker-Wins-Amazon-Theater-Tribeca-Film-Festival-Short-Film-Competition-with-His-Second-Film-Jack-Paccione-Jr.-Took-Second-Place-in-Inaugural-Competition-Last-July-with-His-First-Ever-Film | 4,553 | 11/03/2005 12:15:00 | Beginner Filmmaker Wins Amazon Theater/Tribeca Film Festival Short-Film Competition with His Second Film; Jack Paccione, Jr. Took Second Place in Inaugural Competition Last July with His First-Ever Film | 11/03/2005 | 2005 | NEW YORK--(BUSINESS WIRE)--Nov. 3, 2005--Returns to Win Grand Prize with New Film; Amazon.com Customers Determined the Winner; Founding Partner American Express Provides $50,000 Grand Prize
Amazon.com, Inc. (Nasdaq:AMZN), American Express and Tribeca Film Festival founders Robert De Niro, Jane Rosenthal, and Craig Hatkoff, today announced that Jack Paccione, Jr. is the grand-prize winner of the second Amazon Theater/Tribeca Film Festival Short-Film Competition for "Duel at Red Table," an action/comedy/horror film crafted around the ancient sport of table tennis. Last July, Paccione came in second place in the inaugural Amazon/Tribeca short-film competition with his first-ever film, "Misfortune Cookie."
Today, Paccione received $50,000 from American Express to fund his next film project. The budget for "Duel at Red Table" was $400. "If you had asked me in June what the greatest ride in the world was I would have said Great Adventures Kingda Kah. That answer's changed now." Paccione encourages viewers to "Please have a good time watching 'Duel'! There are too many movies out there that bring us back to reality when they should be taking us away from it."
The finalists and their families gathered in New York City today for the film presentation and award ceremony. Actor, writer, director and photographer, Matthew Modine; award-winning actor and filmmaker John Polson; renowned author Clara Bingham; and NBC journalist Perri Peltz were among the guests in attendance.
Jane Rosenthal, co-founder, Tribeca Productions and Film Festival along with Kathy Savitt, Amazon.com vice president of Strategic Communications, Content and Initiatives commended each filmmaker for their creativity, commitment to filmmaking and for participating in the competition. Nancy Smith, vice-president of marketing for American Express, presented the award.
"Amazon created this short-film program with the goal of discovering the next great filmmaker," said Savitt. "The fact that Paccione's films were among the highest rated among thousands of films not once, but twice, is a true testament to his talent as well as his appeal to Amazon customers."
"As an organization that strives to enable creative endeavors, and as the Festival's founding sponsor, American Express is thrilled to be part of this short film competition -- another avenue for the filmmaking community to share its voice, and reach new audiences," said Smith.
The finalists were determined by Amazon.com customers, who submitted thousands of ratings and viewed hundreds of hours of film footage between August 26 and September 23. On October 4, the five finalist films with the highest ratings were featured on the Amazon.com welcome page over a period of four weeks. Again, Amazon.com customers rated the five finalists to determine the overall winner of the Amazon Theater/Tribeca Film Festival Short-Film Competition.
Other finalist films included:
"Battaglia," directed and produced by Owen Smith, screenplay by Jeff Rose: A loving tribute to writer Jeff Rose's grandfather and other Americans in the 88th Infantry Division who fought bravely for their country during World War II. Concept, pre-production, photography and post-production all took place within two weeks.
"Coming Home," written, directed and produced by Greg Benson: Inspired by Woody Allen, Spike Jonze and Monty Python, this comedy was based on a dream and shot in one evening with a budget of $10. No one expects to come home to this.
"Meter Maids," written, directed and produced by Joseph Garner: A comedy set in the cutthroat world of parking enforcement officers, this film was inspired by its creator's massive accumulation of parking tickets throughout his life, and his belief that parking tickets are a threat to society. Message to viewers: learn from past mistakes.
"Richter's Agenda," directed by Paul Matusheski: A suspenseful thriller influenced by the work of Alfred Hitchcock, in which a college student is terrorized by a sadistic computer hacker when she accepts a seemingly innocent instant message. This film was written, produced and edited in 24 hours.
Macromedia Flash is the exclusive video format for the Amazon Theater/Tribeca Film Festival Short-Film Competition.
Delta Air Lines is the official airline for the Amazon Theater/Tribeca Film Festival Short-Film Competition.
About Tribeca Film Festival
The Tribeca Film Festival was founded by Robert De Niro, Jane Rosenthal and Craig Hatkoff to celebrate New York City as a major filmmaking capital. Tribeca Cinemas, located at 54 Varick Street, was acquired by the Festival founders in 2003 and serves as a year-round venue for the Festival and its related activities.
The 2005 Festival, presented by American Express, took place from April 19th to May 1st in various locations throughout lower Manhattan. The 2005 Festival featured special events, outdoor concerts and screenings, a street fair, and panel discussions with noted filmmakers.
About Amazon.com
Amazon.com, Inc., a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
About American Express
American Express has been the Founding Sponsor of the Festival since its inception in 2002. Part of a multi-year relationship, the sponsorship demonstrates American Express' dedication to the goals of the Festival and the revitalization of lower Manhattan.
CONTACT: Amazon.comMedia Relations, 206-266-7180orRubenstein CommunicationsTammie Rosen, 212-843-8008SOURCE: Amazon.com | <p>NEW YORK--(BUSINESS WIRE)--Nov. 3, 2005--Returns to Win Grand Prize with New Film; Amazon.com Customers Determined the Winner; Founding Partner American Express Provides $50,000 Grand Prize</p><p>Amazon.com, Inc. (Nasdaq:AMZN), American Express and Tribeca Film Festival founders Robert De Niro, Jane Rosenthal, and Craig Hatkoff, today announced that Jack Paccione, Jr. is the grand-prize winner of the second Amazon Theater/Tribeca Film Festival Short-Film Competition for "Duel at Red Table," an action/comedy/horror film crafted around the ancient sport of table tennis. Last July, Paccione came in second place in the inaugural Amazon/Tribeca short-film competition with his first-ever film, "Misfortune Cookie."</p><p>Today, Paccione received $50,000 from American Express to fund his next film project. The budget for "Duel at Red Table" was $400. "If you had asked me in June what the greatest ride in the world was I would have said Great Adventures Kingda Kah. That answer's changed now." Paccione encourages viewers to "Please have a good time watching 'Duel'! There are too many movies out there that bring us back to reality when they should be taking us away from it."</p><p>The finalists and their families gathered in New York City today for the film presentation and award ceremony. Actor, writer, director and photographer, Matthew Modine; award-winning actor and filmmaker John Polson; renowned author Clara Bingham; and NBC journalist Perri Peltz were among the guests in attendance.</p><p>Jane Rosenthal, co-founder, Tribeca Productions and Film Festival along with Kathy Savitt, Amazon.com vice president of Strategic Communications, Content and Initiatives commended each filmmaker for their creativity, commitment to filmmaking and for participating in the competition. Nancy Smith, vice-president of marketing for American Express, presented the award.</p><p>"Amazon created this short-film program with the goal of discovering the next great filmmaker," said Savitt. "The fact that Paccione's films were among the highest rated among thousands of films not once, but twice, is a true testament to his talent as well as his appeal to Amazon customers."</p><p>"As an organization that strives to enable creative endeavors, and as the Festival's founding sponsor, American Express is thrilled to be part of this short film competition -- another avenue for the filmmaking community to share its voice, and reach new audiences," said Smith.</p><p>The finalists were determined by Amazon.com customers, who submitted thousands of ratings and viewed hundreds of hours of film footage between August 26 and September 23. On October 4, the five finalist films with the highest ratings were featured on the Amazon.com welcome page over a period of four weeks. Again, Amazon.com customers rated the five finalists to determine the overall winner of the Amazon Theater/Tribeca Film Festival Short-Film Competition.</p><p>Other finalist films included:</p><p>"Battaglia," directed and produced by Owen Smith, screenplay by Jeff Rose: A loving tribute to writer Jeff Rose's grandfather and other Americans in the 88th Infantry Division who fought bravely for their country during World War II. Concept, pre-production, photography and post-production all took place within two weeks.</p><p>"Coming Home," written, directed and produced by Greg Benson: Inspired by Woody Allen, Spike Jonze and Monty Python, this comedy was based on a dream and shot in one evening with a budget of $10. No one expects to come home to this.</p><p>"Meter Maids," written, directed and produced by Joseph Garner: A comedy set in the cutthroat world of parking enforcement officers, this film was inspired by its creator's massive accumulation of parking tickets throughout his life, and his belief that parking tickets are a threat to society. Message to viewers: learn from past mistakes.</p><p>"Richter's Agenda," directed by Paul Matusheski: A suspenseful thriller influenced by the work of Alfred Hitchcock, in which a college student is terrorized by a sadistic computer hacker when she accepts a seemingly innocent instant message. This film was written, produced and edited in 24 hours.</p><p>Macromedia Flash is the exclusive video format for the Amazon Theater/Tribeca Film Festival Short-Film Competition.</p><p>Delta Air Lines is the official airline for the Amazon Theater/Tribeca Film Festival Short-Film Competition.</p><p>About Tribeca Film Festival</p><p>The Tribeca Film Festival was founded by Robert De Niro, Jane Rosenthal and Craig Hatkoff to celebrate New York City as a major filmmaking capital. Tribeca Cinemas, located at 54 Varick Street, was acquired by the Festival founders in 2003 and serves as a year-round venue for the Festival and its related activities.</p><p>The 2005 Festival, presented by American Express, took place from April 19th to May 1st in various locations throughout lower Manhattan. The 2005 Festival featured special events, outdoor concerts and screenings, a street fair, and panel discussions with noted filmmakers.</p><p>About Amazon.com</p><p>Amazon.com, Inc., a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>About American Express</p><p>American Express has been the Founding Sponsor of the Festival since its inception in 2002. Part of a multi-year relationship, the sponsorship demonstrates American Express' dedication to the goals of the Festival and the revitalization of lower Manhattan.</p><p>CONTACT: Amazon.comMedia Relations, 206-266-7180orRubenstein CommunicationsTammie Rosen, 212-843-8008SOURCE: Amazon.com</p> |
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Joyo.com Lowers Price of Harry Potter and the Half-Blood Prince | /news/news-details/2005/Joyo.com-Lowers-Price-of-Harry-Potter-and-the-Half-Blood-Prince/default.aspx | Joyo.com-Lowers-Price-of-Harry-Potter-and-the-Half-Blood-Prince | 4,555 | 11/02/2005 00:00:00 | Joyo.com Lowers Price of Harry Potter and the Half-Blood Prince | 11/02/2005 | 2005 | Offers Customers the First Cash Balance Back in China e-commence
November 2, 2005, Beijing – Joyo.com, China's leading online retailing company, announced today that it has lowered the price of Harry Potter and the Half-Blood Prince (Chinese simplified version). This new price applies to all customers who have previously ordered or purchased Harry Potter and the Half-Blood Prince from Joyo.com. As of October 27, 2005, all customers who purchased the book at a price higher than the lowest offering price of RMB 29 by Joyo.com would have already got a refund credited to their Joyo.com account before November 1, 2005. The credited amount is available for purchase of any Joyo.com product without any restrictions. It is the first time that an online company crediting the balance to customers, and reflects Joyo.com's commitment to providing customers with the best online shopping experience.
Joyo.com is committed to offering customers the widest selection of products at the best prices. In 2004, Amazon.com acquired Joyo.com Limited, a British Virgin Islands Company, which operates the Joyo.com Web sites in cooperation with Chinese subsidiaries and affiliates.
Harry Potter and the Half-Blood Prince is extremely popular around the world ever since its launch. Since October this year, Chinese simplified version of this title has been made available to Joyo.com's customers in China. Within 24 hours of its launch, Harry Potter and the Half-Blood Prince became No. 1 on Joyo's bestselling book list, and has remained atop Joyo.com's bestseller list for ten consecutive weeks and the trend is still continuing.
At the same time, Joyo.com has developed a Harry Potter specialty zone on its site, where customers can find hundreds of Harry Potter related items ranging from books to DVDs.
Wang Hanhua, managing director of Joyo.com, said, "We are delighted to offer customers the highly anticipated Harry Potter and the Half-Blood Prince at an even better price, and we will continue with our commitment of providing customers with the best online shopping experience and bringing the best benefits to every customer."
About Joyo.com
Joyo.com was founded in May 2000 and offers customers a wide selection of books, music, videos and DVDs, software, toys and gifts, among other products. Joyo.com is headquartered in Beijing.
About Amazon.com
Amazon.com, Inc., (Nasdaq: AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
Media contact: GolinHarris Vivian Wu Tel: (010) 85802022 – 105 e-mail: vwu@golinharris.com | <p>Offers Customers the First Cash Balance Back in China e-commence</p><p>November 2, 2005, Beijing – Joyo.com, China's leading online retailing company, announced today that it has lowered the price of Harry Potter and the Half-Blood Prince (Chinese simplified version). This new price applies to all customers who have previously ordered or purchased Harry Potter and the Half-Blood Prince from Joyo.com. As of October 27, 2005, all customers who purchased the book at a price higher than the lowest offering price of RMB 29 by Joyo.com would have already got a refund credited to their Joyo.com account before November 1, 2005. The credited amount is available for purchase of any Joyo.com product without any restrictions. It is the first time that an online company crediting the balance to customers, and reflects Joyo.com's commitment to providing customers with the best online shopping experience.</p><p>Joyo.com is committed to offering customers the widest selection of products at the best prices. In 2004, Amazon.com acquired Joyo.com Limited, a British Virgin Islands Company, which operates the Joyo.com Web sites in cooperation with Chinese subsidiaries and affiliates.</p><p>Harry Potter and the Half-Blood Prince is extremely popular around the world ever since its launch. Since October this year, Chinese simplified version of this title has been made available to Joyo.com's customers in China. Within 24 hours of its launch, Harry Potter and the Half-Blood Prince became No. 1 on Joyo's bestselling book list, and has remained atop Joyo.com's bestseller list for ten consecutive weeks and the trend is still continuing.</p><p>At the same time, Joyo.com has developed a Harry Potter specialty zone on its site, where customers can find hundreds of Harry Potter related items ranging from books to DVDs.</p><p>Wang Hanhua, managing director of Joyo.com, said, "We are delighted to offer customers the highly anticipated Harry Potter and the Half-Blood Prince at an even better price, and we will continue with our commitment of providing customers with the best online shopping experience and bringing the best benefits to every customer."</p><p>About Joyo.com</p><p>Joyo.com was founded in May 2000 and offers customers a wide selection of books, music, videos and DVDs, software, toys and gifts, among other products. Joyo.com is headquartered in Beijing.</p><p>About Amazon.com</p><p>Amazon.com, Inc., (Nasdaq: AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>Media contact: GolinHarris Vivian Wu Tel: (010) 85802022 – 105 e-mail: vwu@golinharris.com</p> |
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Amazon.co.jp's Bookstore starts "Nakami Kensaku!™ (Search Inside!™)," a New Program of Searching and Previewing the Text Inside Books | /news/news-details/2005/Amazon.co.jps-Bookstore-starts-Nakami-Kensaku-Search-Inside-a-New-Program-of-Searching-and-Previewing-the-Text-Inside-Books/default.aspx | Amazon.co.jps-Bookstore-starts-Nakami-Kensaku-Search-Inside-a-New-Program-of-Searching-and-Previewing-the-Text-Inside-Books | 4,557 | 11/01/2005 00:00:00 | Amazon.co.jp's Bookstore starts "Nakami Kensaku!™ (Search Inside!™)," a New Program of Searching and Previewing the Text Inside Books | 11/01/2005 | 2005 | Using the latest technology in the business, searching for the book you want has become much more convenient.
Amazon.co.jp, the online store, today announces the launch of "Nakami Kensaku! (Search Inside!)" a new program enabling customers to search and preview inside books, on both the Japanese and English books. "Search Inside!," is a new program that, in addition to the existing specific keyword book search by author's name or title, also provides customers with a more efficient way to find the book they want, by targeting searches to all the sentences in a book.
"Search Inside!" provides search capabilities for all words and sentences in over 130,000 books -- amounting to several tens of millions of pages of searchable text. Moreover, preview of target books is also possible. This program is integrated with Amazon.co.jp's existing book searching capabilities, and every single genre of book is targeted for the program. For example, if someone wanted to search for a book related to "Activation of Organization," in addition to bringing up books with these words in the title, by searching for the keyword "Activation of Organization," it would also be possible to indicate at a glance books in which these words appear within the sentences of the book. For a concrete example of this searching method, please refer to Using "Search Inside! (Example)."
On Amazon.com, a similar program "Search Inside the Book" began in October of 2003. The program was also expanded to Amazon.co.uk and Amazon.de in July of 2005, and Amazon.fr and Amazon.ca in August of 2005.
Lauren Kawasaki, Media Director of Amazon Japan K.K. says, "With the cooperation of publishing companies, we are very happy to be able to inaugurate "Search Inside!" at Amazon.co.jp." Using the latest technology developed by Amazon, customers can find the books they want even easier, and we expect there will be even more opportunities to purchase books."
Using "Search Inside!" customers will be able to search inside for books from around 280 companies, including publishers such as Kodansha, Softbank Creative (Former Softbank Publishing), Nikkei BP Publication Center, PHP Research Institute, John Wiley & Sons, Inc., Simon & Schuster, Inc. and Cambridge University Press and be able to preview the text inside prior to purchasing. With continued cooperation from publishing companies, Amazon.co.jp is planning to expand "Search Inside!" to include more searchable titles and genres in future. | <p>Using the latest technology in the business, searching for the book you want has become much more convenient.</p><p>Amazon.co.jp, the online store, today announces the launch of "Nakami Kensaku! (Search Inside!)" a new program enabling customers to search and preview inside books, on both the Japanese and English books. "Search Inside!," is a new program that, in addition to the existing specific keyword book search by author's name or title, also provides customers with a more efficient way to find the book they want, by targeting searches to all the sentences in a book.</p><p>"Search Inside!" provides search capabilities for all words and sentences in over 130,000 books -- amounting to several tens of millions of pages of searchable text. Moreover, preview of target books is also possible. This program is integrated with Amazon.co.jp's existing book searching capabilities, and every single genre of book is targeted for the program. For example, if someone wanted to search for a book related to "Activation of Organization," in addition to bringing up books with these words in the title, by searching for the keyword "Activation of Organization," it would also be possible to indicate at a glance books in which these words appear within the sentences of the book. For a concrete example of this searching method, please refer to Using "Search Inside! (Example)."</p><p>On Amazon.com, a similar program "Search Inside the Book" began in October of 2003. The program was also expanded to Amazon.co.uk and Amazon.de in July of 2005, and Amazon.fr and Amazon.ca in August of 2005.</p><p>Lauren Kawasaki, Media Director of Amazon Japan K.K. says, "With the cooperation of publishing companies, we are very happy to be able to inaugurate "Search Inside!" at Amazon.co.jp." Using the latest technology developed by Amazon, customers can find the books they want even easier, and we expect there will be even more opportunities to purchase books."</p><p>Using "Search Inside!" customers will be able to search inside for books from around 280 companies, including publishers such as Kodansha, Softbank Creative (Former Softbank Publishing), Nikkei BP Publication Center, PHP Research Institute, John Wiley & Sons, Inc., Simon & Schuster, Inc. and Cambridge University Press and be able to preview the text inside prior to purchasing. With continued cooperation from publishing companies, Amazon.co.jp is planning to expand "Search Inside!" to include more searchable titles and genres in future.</p> |
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Amazon.com Announces Conclusion of Fulfillment Agreement With drugstore.com | /news/news-details/2005/Amazon.com-Announces-Conclusion-of-Fulfillment-Agreement-With-drugstore.com/default.aspx | Amazon.com-Announces-Conclusion-of-Fulfillment-Agreement-With-drugstore.com | 4,559 | 10/27/2005 08:04:00 | Amazon.com Announces Conclusion of Fulfillment Agreement With drugstore.com | 10/27/2005 | 2005 | Amazon.com Continues Successful Migration to Direct Sourcing
SEATTLE, Oct. 27 /PRNewswire-FirstCall/ -- Amazon.com (Nasdaq: AMZN) has announced the conclusion of its fulfillment services agreement with drugstore.com, which had been providing fulfillment for a small portion of merchandise in Amazon.com's Health & Personal Care store.
This decision was mutually agreed upon by both parties and takes effect November 9. Amazon maintains its approximately 14% investment in drugstore.com as well as its seat on drugstore's board of directors.
"We've now built direct relationships with most major brands, including Procter & Gamble, Johnson & Johnson, Unilever, Bayer, Glaxo and dozens of others," said Doug Herrington, Amazon's vice president for consumables. "Going direct allows us to source more products at better prices, enabling us to deliver more value to customers."
Amazon.com launched its Health & Personal Care store in December 2003, and currently offers more than 400,000 unique items that are fulfilled by Amazon.com and over 1,000 HPC merchant partners. Drugstore.com accounted for less than 1% of Amazon's HPC selection.
Over the past twelve months, more than one million customers have made a purchase from Amazon's Health & Personal Care store. Thus far in 2005, Amazon's Health & Personal Care store has sold more than 16 million diapers, 2 million ounces of baby formula, and 860,000 nutrition bars.
All items from Amazon's Health & Personal Care store that are fulfilled by Amazon.com qualify for Free Super Saver Shipping and Amazon Prime, the company's membership program that offers unlimited, two day shipping for free for $79 per year.
About Amazon.com
Amazon.com, Inc., a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
SOURCE Amazon.com10/27/2005/CONTACT: Patty Smith of Amazon.com, +1-206-266-7180//Web site: http://www.amazon.com/ | <p>Amazon.com Continues Successful Migration to Direct Sourcing</p><p>SEATTLE, Oct. 27 /PRNewswire-FirstCall/ -- Amazon.com (Nasdaq: AMZN) has announced the conclusion of its fulfillment services agreement with drugstore.com, which had been providing fulfillment for a small portion of merchandise in Amazon.com's Health & Personal Care store.</p><p>This decision was mutually agreed upon by both parties and takes effect November 9. Amazon maintains its approximately 14% investment in drugstore.com as well as its seat on drugstore's board of directors.</p><p>"We've now built direct relationships with most major brands, including Procter & Gamble, Johnson & Johnson, Unilever, Bayer, Glaxo and dozens of others," said Doug Herrington, Amazon's vice president for consumables. "Going direct allows us to source more products at better prices, enabling us to deliver more value to customers."</p><p>Amazon.com launched its Health & Personal Care store in December 2003, and currently offers more than 400,000 unique items that are fulfilled by Amazon.com and over 1,000 HPC merchant partners. Drugstore.com accounted for less than 1% of Amazon's HPC selection.</p><p>Over the past twelve months, more than one million customers have made a purchase from Amazon's Health & Personal Care store. Thus far in 2005, Amazon's Health & Personal Care store has sold more than 16 million diapers, 2 million ounces of baby formula, and 860,000 nutrition bars.</p><p>All items from Amazon's Health & Personal Care store that are fulfilled by Amazon.com qualify for Free Super Saver Shipping and Amazon Prime, the company's membership program that offers unlimited, two day shipping for free for $79 per year.</p><p>About Amazon.com</p><p>Amazon.com, Inc., a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>SOURCE Amazon.com10/27/2005/CONTACT: Patty Smith of Amazon.com, +1-206-266-7180//Web site: http://www.amazon.com/</p> |
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Amazon.Com Announces Third Quarter Financial Results; for the First Time Electronics and Other General Merchandise Sales Surpass $2 Billion over the Past Year; Expects Record Holiday Season | /news/news-details/2005/Amazon.Com-Announces-Third-Quarter-Financial-Results-for-the-First-Time-Electronics-and-Other-General-Merchandise-Sales-Surpass-2-Billion-over-the-Past-Year-Expects-Record-Holiday-Season/default.aspx | Amazon.Com-Announces-Third-Quarter-Financial-Results-for-the-First-Time-Electronics-and-Other-General-Merchandise-Sales-Surpass-2-Billion-over-the-Past-Year-Expects-Record-Holiday-Season | 4,565 | 10/25/2005 04:04:00 | Amazon.Com Announces Third Quarter Financial Results; for the First Time Electronics and Other General Merchandise Sales Surpass $2 Billion over the Past Year; Expects Record Holiday Season | 10/25/2005 | 2005 | Adobe® Acrobat® Reader® required to view pdf files. To download a free a copy, click here.To save pdf files, please click on diskette icon on the Adobe® Acrobat® Reader® nav bar.
SEATTLE--(BUSINESS WIRE)--Oct. 25, 2005--Amazon.com, Inc. (NASDAQ:AMZN) today announced financial results for its third quarter ended September 30, 2005.
Operating cash flow grew 35% to $661 million for the trailing twelve months, compared with $490 million for the trailing twelve months ended September 30, 2004. Free cash flow grew 13% to $475 million for the trailing twelve months, compared with $420 million for the trailing twelve months ended September 30, 2004. As previously announced in August 2005, the Company settled a patent lawsuit on terms including a previously unanticipated one-time payment of $40 million in third quarter 2005. Excluding this payment, free cash flow would have grown 22% to $515 million for the trailing twelve months.
Common shares outstanding plus shares underlying stock-based awards outstanding totaled 438 million at September 30, 2005, compared with 434 million a year ago.
Net sales increased 27% to $1.86 billion in the third quarter, compared with $1.46 billion in third quarter 2004. Excluding the $7 million unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales grew 28% compared with third quarter 2004.
Operating income decreased 32% to $55 million in the third quarter, compared with $81 million in third quarter 2004. Excluding the negative impact of the $40 million legal settlement, operating income would have increased 17% to $95 million.
Net income was $30 million in the third quarter, or $0.07 per diluted share, compared with net income of $54 million, or $0.13 per diluted share in third quarter 2004, which includes $21 million in income tax expense, compared with $3 million income tax expense in third quarter 2004. Excluding the negative impact of the $40 million legal settlement -- $20 million after tax -- net income would have been $50 million or $0.12 per diluted share.
"For $79 a year, Amazon Prime members get 'all-you-can-eat' free express shipping," said Jeff Bezos, founder and CEO of Amazon.com. "Customers continue to join Amazon Prime and we anticipate even higher enrollment rates as we get closer to the holidays."
Amazon Prime, Amazon.com's first-ever membership program, was introduced February 2005. For a flat membership fee of $79 per year, Amazon Prime members get unlimited, express two-day shipping for free, with no minimum purchase requirement on over a million eligible items sold by Amazon.com. Members can order as late as 6:30 p.m. ET and still get their order the next day for only $3.99 per item, and can share the benefits of Amazon Prime with up to four family members living in their household. Sign up for Amazon Prime at www.amazon.com/prime.
Highlights-- North America segment sales, representing the Company's U.S. and Canadian sites, were $1.04 billion, up 28% from third quarter 2004. Segment operating income increased 16% to $66 million in third quarter 2005 from $57 million in third quarter 2004.-- North America Other revenue, which includes Amazon Services' Merchant.com program, increased to $53 million in third quarter 2005.-- International segment sales, representing the Company's U.K., German, French, Japanese, and Chinese sites, were $817 million, up 26% from third quarter 2004. Excluding the unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales growth was 28%. Segment operating income increased 46% to $55 million in third quarter 2005 from $38 million in third quarter 2004.-- International segment sales increased to 45% of worldwide net sales on a trailing twelve-month basis, up from 43% for the twelve months ended September 30, 2004.-- Worldwide Electronics & Other General Merchandise sales grew 43% to $491 million in third quarter 2005, and increased to 26% of worldwide net sales, compared with 24% for third quarter 2004.-- The Company sold over 1.6 million copies of Harry Potter and the Half-Blood Prince worldwide in third quarter 2005, making it Amazon.com's largest new product release.-- A9.com, a subsidiary of Amazon.com, launched A9.com Maps, a new service that shows users an interactive map and over 35 million corresponding street-level images in a single interface in 24 cities.-- Customers shopping at www.amazon.co.uk now qualify for free shipping on orders of GBP 15 or more, down from the prior threshold of GBP 19.-- In the aftermath of Hurricane Katrina, Amazon customers used the Company's 1-click(R) technology to contribute more than $12 million for American Red Cross relief efforts.Financial Guidance
The following forward-looking statements reflect Amazon.com's expectations as of October 25, 2005. Results may be materially affected by many factors, such as fluctuations in foreign exchange rates, changes in global economic conditions and consumer spending, world events, the rate of growth of the Internet and online commerce, and the various factors detailed below.
Fourth Quarter 2005 Guidance-- Net sales are expected to be between $2.86 billion and $3.16 billion, or grow between 13% and 24%, compared with fourth quarter 2004.-- Operating income is expected to be between $135 million and $210 million, or between (17%) decline and 29% growth, compared with fourth quarter 2004. This guidance includes $30 million for stock-based compensation and amortization of intangible assets, and assumes, among other things, that no additional intangible assets are recorded, and that there are no further revisions to stock-based compensation or restructuring-related estimates.Full Year 2005 Guidance-- Net sales are expected to be between $8.373 billion and $8.673 billion, or grow between 21% and 25%, compared with 2004.-- Operating income is expected to be between $403 million and $478 million, or between (9%) decline and 8% growth, compared with 2004. This guidance includes $144 million for stock-based compensation, amortization of intangible assets and the $40 million legal settlement, and assumes, among other things, that no additional intangible assets are recorded and that there are no changes to stock-based compensation or restructuring-related estimates.
A conference call will be webcast live today at 2 p.m. PT/5 p.m. ET, and will be available for at least three months at www.amazon.com/ir. This call will contain forward-looking statements and other material information regarding the Company's financial and operating results.
These forward-looking statements are inherently difficult to predict. Actual results could differ materially for a variety of reasons, including, in addition to the factors discussed above, the amount that Amazon.com invests in new business opportunities and the timing of those investments, the mix of products sold to customers, the mix of net sales derived from products as compared with services, competition, management of growth, potential fluctuations in operating results, international growth and expansion, the outcomes of legal proceedings and claims, fulfillment center optimization, risks of inventory management, seasonality, the degree to which the Company enters into, maintains and develops commercial agreements, acquisitions and strategic transactions, and risks of fulfillment throughput and productivity. Other risks and uncertainties include, among others, risk of future losses, significant indebtedness, system interruptions, consumer trends, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
About Amazon.com
Amazon.com (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer customers the lowest possible prices. Amazon.com and third-party sellers offer millions of unique new, refurbished, and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail websites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.co.jp, www.amazon.fr, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms
include Amazon.com, Inc. and its subsidiaries, unless the context
indicates otherwise.
AMAZON.COM, INC.
Consolidated Statements of Cash Flows
(in millions)
(unaudited)
Three Months Nine Months Twelve Months
Ended Ended Ended
September 30, September 30, September 30,
------------- ----------------- -----------------
2005 2004 2005 2004 2005 2004
------ ----- -------- ------- -------- -------
CASH AND CASH
EQUIVALENTS,
BEGINNING OF
PERIOD $ 629 $ 701 $ 1,303 $ 1,102 $ 746 $ 666
OPERATING
ACTIVITIES:
Net income 30 54 160 242 507 315
Adjustments to
reconcile net
income to net
cash provided
by operating
activities:
Depreciation of
fixed assets,
including
internal-use
software and
website
development,
and other
amortization 30 19 85 55 106 73
Stock-based
compensation 26 9 71 38 90 53
Other operating
expense (income) - 5 3 (3) (3) (3)
Losses (gains) on
sales of
marketable
securities, net - - - (1) - (1)
Remeasurements and
other (6) 5 (38) (31) (6) 5
Non-cash interest
expense and other 1 1 4 3 5 4
Deferred income
taxes 23 (4) 116 (12) (128) (13)
Cumulative effect
of change in
accounting
principle - - (26) - (26) -
Changes in
operating assets
and liabilities: - - - - - -
Inventories (76) (70) 10 (61) (98) (104)
Accounts
receivable, net
and other current
assets (12) (18) 6 (9) 14 (25)
Accounts payable 147 96 (224) (138) 201 161
Accrued expenses
and other current
liabilities (5) 9 (30) (53) 8 19
Additions to
unearned revenue 28 34 95 84 120 108
Amortization of
previously
unearned revenue (32) (27) (87) (76) (118) (102)
Interest payable (1) 4 (42) (29) (11) -
----- ----- ------- ------- ------- -------
Net cash
provided by
operating
activities 153 117 103 9 661 490
INVESTING
ACTIVITIES:
Purchases of fixed
assets, including
internal-use
software and
website
development (76) (29) (149) (52) (186) (70)
Acquisitions, net
of cash acquired (4) (71) (24) (71) (24) (71)
Sales and
maturities of
marketable
securities and
other investments 163 395 653 1,007 1,072 1,239
Purchases of
marketable
securities (289) (380) (1,027) (1,136) (1,475) (1,257)
----- ----- ------- ------- ------- -------
Net cash used
in investing
activities (206) (85) (547) (252) (613) (159)
FINANCING
ACTIVITIES:
Proceeds from
exercises of
stock options and
other 23 8 42 43 59 73
Proceeds from
long-term debt
and other 13 - 13 - 13 -
Repayments of
long-term debt
and capital lease
obligations (6) (1) (272) (157) (272) (364)
----- ----- ------- ------- ------- -------
Net cash
provided
by (used in)
financing
activities 30 7 (217) (114) (200) (291)
Foreign-currency
effect on cash
and cash
equivalents (6) 6 (42) 1 6 40
----- ----- ------- ------- ------- -------
Net increase
(decrease) in
cash and cash
equivalents (29) 45 (703) (356) (146) 80
----- ----- ------- ------- ------- -------
CASH AND CASH
EQUIVALENTS, END
OF PERIOD $ 600 $ 746 $ 600 $ 746 $ 600 $ 746
===== ===== ======= ======= ======= =======
SUPPLEMENTAL CASH
FLOW INFORMATION:
Cash paid for
interest $ 21 $ 21 $ 105 $ 108 $ 105 $ 111
Cash paid for
income taxes 6 2 11 3 12 3
AMAZON.COM, INC.
Consolidated Statements of Operations
(in millions, except per share data)
(unaudited)
Three Months Nine Months
Ended Ended
September 30, September 30,
----------------------------
2005 2004 2005 2004
------ ------ ------ ------
Net sales $1,858 $1,463 $5,513 $4,380
Cost of sales 1,395 1,107 4,141 3,322
------ ------ ------ ------
Gross profit 463 356 1,372 1,058
Operating expenses(1):
Fulfillment 171 138 495 392
Marketing 44 34 131 103
Technology and content 121 69 319 199
General and administrative 32 29 117 89
Other operating expense (income) 40 5 43 (3)
------ ------ ------ ------
Total operating expenses 408 275 1,105 780
------ ------ ------ ------
Income from operations 55 81 267 278
Interest income 12 7 30 19
Interest expense (22) (26) (70) (80)
Other income (expense), net - - 2 -
Remeasurements and other 6 (5) 38 31
------ ------ ------ ------
Total non-operating income
(expense) (4) (24) - (30)
------ ------ ------ ------
Income before income taxes 51 57 267 248
Provision for income taxes 21 3 133 6
------ ------ ------ ------
Income before cumulative effect of change
in accounting principle 30 54 134 242
Cumulative effect of change in accounting
principle - - 26 -
------ ------ ------ ------
Net income $ 30 $ 54 $ 160 $ 242
====== ====== ====== ======
Basic earnings per share:
Prior to cumulative effect of change in
accounting principle $ 0.07 $ 0.13 $ 0.33 $ 0.60
Cumulative effect of change in
accounting principle - - 0.06 -
------ ------ ------ ------
$ 0.07 $ 0.13 $ 0.39 $ 0.60
====== ====== ====== ======
Diluted earnings per share:
Prior to cumulative effect of change in
accounting principle $ 0.07 $ 0.13 $ 0.32 $ 0.57
Cumulative effect of change in
accounting principle - - 0.06 -
------ ------ ------ ------
$ 0.07 $ 0.13 $ 0.38 $ 0.57
====== ====== ====== ======
Weighted average shares used in computation
of earnings per share:
Basic 413 407 411 405
====== ====== ====== ======
Diluted 428 425 426 424
====== ====== ====== ======
(1)Includes stock-based compensation
as follows:
Fulfillment $ 5 $ 2 $ 13 $ 6
Marketing 2 - 5 3
Technology and content 13 4 36 21
General and administrative 6 3 17 8
------ ------ ------ ------
$ 26 $ 9 $ 71 $ 38
====== ====== ====== ======
AMAZON.COM, INC.
Segment Information
(in millions)
(unaudited)
Three Months Nine Months
Ended Ended
September 30, September 30,
-------------- ----------------
2005 2004 2005 2004
------ ------ ------ ------
North America
Net sales $1,041 $ 816 $3,028 $2,455
Cost of sales 749 593 2,179 1,786
------ ------ ------ ------
Gross profit 292 223 849 669
Direct segment operating expenses (1) 226 166 645 470
------ ------ ------ ------
Segment operating income 66 57 204 199
International
Net sales 817 647 2,485 1,925
Cost of sales 646 514 1,962 1,536
------ ------ ------ ------
Gross profit 171 133 523 389
Direct segment operating expenses (1) 116 95 346 275
------ ------ ------ ------
Segment operating income 55 38 177 114
Consolidated
Net sales 1,858 1,463 5,513 4,380
Cost of sales 1,395 1,107 4,141 3,322
------ ------ ------ ------
Gross profit 463 356 1,372 1,058
Direct segment operating expenses 342 261 991 745
------ ------ ------ ------
Segment operating income 121 95 381 313
Stock-based compensation (26) (9) (71) (38)
Other operating income (expense) (40) (5) (43) 3
------ ------ ------ ------
Income from operations 55 81 267 278
Total non-operating income (expense),
net (4) (24) - (30)
Provision for income taxes (21) (3) (133) (6)
Cumulative effect of change in
accounting principle - - 26 -
------ ------ ------ ------
Net income $ 30 $ 54 $ 160 $ 242
====== ====== ====== ======
Segment Highlights:
Y/Y net sales growth:
North America 28% 15% 23% 16%
International 26 52 29 60
Consolidated 27 29 26 32
Y/Y gross profit growth:
North America 31% 11% 27% 16%
International 29 56 35 54
Consolidated 30 24 30 27
Y/Y segment operating income growth:
North America 16% (8%) 3% 18%
International 46 238 56 188
Consolidated 28 29 22 50
Net sales mix:
North America 56% 56% 55% 56%
International 44 44 45 44
(1) A significant majority of our costs for "Technology and content"
are incurred in the United States and most
of these costs are allocated to our North America segment.
AMAZON.COM, INC.
Supplemental Net Sales Information
(in millions)
(unaudited)
Three Months Nine Months
Ended Ended
September 30, September 30,
--------------- ----------------
2005 2004 2005 2004
------ ------ ------ ------
North America
Media $ 684 $ 564 $2,015 $1,704
Electronics and other general
merchandise 304 228 863 679
Other 53 24 150 72
------ ------ ------ ------
1,041 816 3,028 2,455
International
Media 629 530 1,917 1,601
Electronics and other general
merchandise 187 116 565 322
Other 1 1 3 2
------ ------ ------ ------
817 647 2,485 1,925
Consolidated
Media 1,313 1,094 3,932 3,305
Electronics and other general
merchandise 491 344 1,428 1,001
Other 54 25 153 74
------ ------ ------ ------
$1,858 $1,463 $5,513 $4,380
====== ====== ====== ======
Y/Y Net Sales Growth:
North America:
Media 21% 12% 18% 12%
Electronics and other general
merchandise 33 27 27 29
Other 122 (10) 108 -
International:
Media 19% 41% 20% 46%
Electronics and other general
merchandise 62 132 76 210
Other 177 17 85 76
Consolidated:
Media 20% 25% 19% 26%
Electronics and other general
merchandise 43 50 43 59
Other 123 (10) 107 1
Consolidated Net Sales Mix:
Media 71% 75% 71% 75%
Electronics and other general
merchandise 26 24 26 23
Other 3 2 3 2
AMAZON.COM, INC.
Consolidated Balance Sheets
(in millions, except per share data)
September December September
30, 31, 30,
2005 2004 2004
---------- ------- ----------
ASSETS (unaudited) (unaudited)
Current assets:
Cash and cash equivalents $ 600 $ 1,303 $ 746
Marketable securities 819 476 439
---------- ------- ----------
Cash, cash equivalents, and
marketable securities 1,419 1,779 1,185
Inventories 456 480 357
Deferred tax assets, current portion 58 81 1
Accounts receivable, net and other
current assets 188 199 150
---------- ------- ----------
Total current assets 2,121 2,539 1,693
Fixed
assets, net 322 246 227
Deferred tax assets, long-term
portion 190 282 11
Goodwill 159 139 138
Other assets 40 42 40
---------- ------- ----------
Total assets $ 2,832 $ 3,248 $ 2,109
========== ======= ==========
LIABILITIES AND STOCKHOLDERS' EQUITY
(DEFICIT)
Current liabilities:
Accounts
payable $ 876 $ 1,142 $ 689
Accrued expenses and other current
liabilities 340 361 269
Unearned revenue 48 41 46
Interest payable 32 74 44
Current portion of long-term debt
and other 17 2 3
---------- ------- ----------
Total current liabilities 1,313 1,620 1,051
Long-term debt and other 1,513 1,855 1,780
Commitments and contingencies
Stockholders' Equity (Deficit):
Preferred stock, $0.01 par value:
Authorized shares -- 500
Issued and outstanding shares --
none - - -
Common stock, $0.01 par value:
Authorized shares -- 5,000
Issued and outstanding shares --
414, 410 and 407 shares 4 4 4
Additional paid-in capital 2,215 2,123 1,979
Accumulated other comprehensive
income 13 32 28
Accumulated deficit (2,226) (2,386) (2,733)
---------- ------- ----------
Total stockholders'
equity (deficit) 6 (227) (722)
---------- ------- ----------
Total liabilities and
stockholders' equity
(deficit) $ 2,832 $ 3,248 $ 2,109
========== ======= ==========
AMAZON.COM, INC.
Supplemental Financial Information and Business Metrics
(in millions, except per share data)
(unaudited)
----------------------------------------------------------------------
Y/Y %
Q3 2004 Q4 2004 Q1 2005 Q2 2005 Q3 2005 Change
-------------------------------------------------
Cash Flows and Shares
Operating cash flow
-- trailing twelve
months (TTM) (1) $ 490 $ 567 $ 523 $ 624 $ 661 35%
Purchase of fixed
assets (incl.
internal-use
software & website
development) -- TTM $ 70 $ 89 $ 106 $ 138 $ 186 166%
Free cash flow
(operating cash flow
less purchases of
fixed assets) --
TTM (1) $ 420 $ 477 $ 417 $ 486 $ 475 13%
Common shares and
stock-based awards
outstanding 434 434 434 438 438 1%
Common shares
outstanding 407 410 411 412 414 2%
Stock-based awards
outstanding 27 25 24 26 24 (10%)
Stock-based awards
outstanding -- % of
common shares
outstanding 6.5% 6.0% 5.7% 6.3% 5.8% N/A
Results of Operations
Worldwide (WW) net
sales $1,463 $2,541 $1,902 $ 1,753 $ 1,858 27%
WW net sales -- Y/Y
growth, excluding
the effect of
foreign exchange
rates 23.9% 26.2% 22.3% 24.6% 27.6% N/A
WW net sales -- TTM $6,326 $6,921 $7,292 $ 7,658 $ 8,054 27%
Gross profit $ 356 $ 544 $ 458 $ 450 $ 463 30%
Gross margin -- % of
WW net sales 24.3% 21.4% 24.1% 25.7% 24.9% N/A
Gross profit -- TTM $1,484 $1,602 $1,700 $ 1,809 $ 1,917 29%
Gross margin -- TTM %
of WW net sales 23.5% 23.1% 23.3% 23.6% 23.8% N/A
Fulfillment costs,
excluding stock-
based compensation
-- % of WW net sales 9.3% 8.0% 8.6% 8.7% 8.9% N/A
Fulfillment costs,
excluding stock-
based compensation
-- TTM % of WW net
sales 8.6% 8.5% 8.6% 8.6% 8.5% N/A
Operating income (1) $ 81 $ 162 $ 108 $ 104 $ 55 (32%)
Operating margin -- %
of WW net sales (1) 5.6% 6.4% 5.7% 6.0% 3.0% N/A
Operating income --
TTM (1) $ 416 $ 440 $ 438 $ 456 $ 430 3%
Operating margin --
TTM % of WW net
sales (1) 6.6% 6.4% 6.0% 6.0% 5.3% N/A
Net income (1) (2) $ 54 $ 347 $ 78 $ 52 $ 30 (45%)
Net income per
diluted
share (1) (2) $ 0.13 $ 0.82 $ 0.18 $ 0.12 $ 0.07 (45%)
Net income --
TTM (1) (2) $ 315 $ 588 $ 555 $ 531 $ 507 61%
Net income per
diluted share -- TTM
(1) (2) $ 0.74 $ 1.39 $ 1.31 $ 1.25 $ 1.19 61%
Segments
North America Segment:
Net sales $ 816 $1,392 $1,027 $ 960 $ 1,041 28%
Net sales -- Y/Y
growth, excluding
the effect of
foreign exchange
rates 15.0% 21.8% 21.1% 21.0% 27.4% N/A
Net sales -- TTM $3,597 $3,847 $4,027 $ 4,195 $ 4,420 23%
Gross profit $ 223 $ 355 $ 279 $ 278 $ 292 31%
Gross margin -- %
of North America
net sales 27.4% 25.5% 27.2% 29.0% 28.1% N/A
Gross profit -- TTM $ 958 $1,024 $1,077 $ 1,135 $ 1,204 26%
Gross margin -- TTM
% of North America
net sales 26.6% 26.6% 26.7% 27.1% 27.2% N/A
Operating income $ 57 $ 122 $ 66 $ 72 $ 66 16%
Operating margin --
% of North America
net sales 7.0% 8.8% 6.4% 7.5% 6.4% N/A
Operating income --
TTM $ 313 $ 321 $ 311 $ 317 $ 326 4%
Operating margin --
TTM % of North
America net sales 8.7% 8.3% 7.7% 7.6% 7.4% N/A
International Segment:
Net sales $ 647 $1,149 $ 875 $ 793 $ 817 26%
Net sales -- Y/Y
growth, excluding
the effect of
foreign exchange
rates 38.9% 32.5% 23.8% 29.3% 27.8% N/A
Net sales -- TTM $2,729 $3,074 $3,265 $ 3,463 $ 3,634 33%
Net sales -- TTM %
of WW net sales 43.1% 44.4% 44.8% 45.2% 45.1% N/A
Gross profit $ 133 $ 190 $ 180 $ 172 $ 171 29%
Gross margin -- %
of International
net sales 20.5% 16.5% 20.5% 21.7% 20.9% N/A
Gross profit -- TTM $ 527 $ 578 $ 623 $ 674 $ 713 35%
Gross margin -- TTM
% of International
net sales 19.3% 18.8% 19.1% 19.5% 19.6% N/A
Operating income $ 38 $ 55 $ 63 $ 60 $ 55 46%
Operating margin --
% of International
net sales 5.8% 4.8% 7.2% 7.6% 6.7% N/A
Operating income --
TTM $ 153 $ 169 $ 190 $ 216 $ 233 52%
Operating margin --
TTM % of
International net
sales 5.6% 5.5% 5.8% 6.2% 6.4% N/A
----------------------------------------------------------------------
AMAZON.COM, INC.
Supplemental Financial Information and Business Metrics
(in millions, except inventory turnover, accounts payable days, and
employee data)
(unaudited)
----------------------------------------------------------------------
Y/Y %
Q3 2004 Q4 2004 Q1 2005 Q2 2005 Q3 2005 Change
-------------------------------------------------
Segments (continued)
Consolidated Segments:
Operating expenses $ 261 $ 367 $ 330 $ 318 $ 342 31%
Operating expenses
-- TTM $1,019 $1,112 $1,198 $ 1,276 $ 1,358 33%
Operating income $ 95 $ 177 $ 129 $ 132 $ 121 28%
Operating margin --
% of consolidated
sales 6.5% 7.0% 6.8% 7.5% 6.5% N/A
Operating income --
TTM $ 466 $ 490 $ 502 $ 533 $ 559 20%
Operating margin --
TTM % of
consolidated net
sales 7.4% 7.1% 6.9% 7.0% 6.9% N/A
Supplemental North
America Segment Net
Sales:
Media $ 564 $ 885 $ 699 $ 632 $ 684 21%
Media -- TTM $2,455 $2,589 $2,690 $ 2,780 $ 2,901 18%
Electronics and
other general
merchandise $ 228 $ 449 $ 281 $ 278 $ 304 33%
Electronics and
other general
merchandise -- TTM $1,031 $1,128 $1,185 $ 1,236 $ 1,311 27%
Electronics and
other general
merchandise -- TTM
% of North America
net sales 29% 29% 29% 29% 30% N/A
Other $ 24 $ 58 $ 46 $ 50 $ 53 122%
Other -- TTM $ 111 $ 130 $ 153 $ 178 $ 208 88%
Supplemental
International
Segment Net Sales:
Media $ 530 $ 911 $ 675 $ 614 $ 629 19%
Media -- TTM $2,285 $2,513 $2,612 $ 2,730 $ 2,828 24%
Electronics and
other general
merchandise $ 116 $ 237 $ 199 $ 178 $ 187 62%
Electronics and
other general
merchandise -- TTM $ 442 $ 558 $ 651 $ 730 $ 801 81%
Electronics and
other general
merchandise -- TTM
% of International
net sales 16% 18% 20% 21% 22% N/A
Other $ 1 $ 1 $ 1 $ 1 $ 1 177%
Other -- TTM $ 2 $ 2 $ 3 $ 3 $ 4 97%
Supplemental
Worldwide Net Sales:
Media $1,094 $1,796 $1,374 $ 1,246 $ 1,313 20%
Media -- TTM $4,740 $5,102 $5,302 $ 5,510 $ 5,730 21%
Electronics and
other general
merchandise $ 344 $ 686 $ 480 $ 456 $ 491 43%
Electronics and
other general
merchandise -- TTM $1,474 $1,686 $1,835 $ 1,966 $ 2,113 43%
Electronics and
other general
merchandise -- TTM
% of WW net sales 23% 24% 25% 26% 26% N/A
Other $ 25 $ 59 $ 47 $ 51 $ 54 123%
Other -- TTM $ 113 $ 133 $ 156 $ 181 $ 211 88%
Balance Sheet
Cash and marketable
securities $1,185 $1,779 $1,151 $ 1,325 $ 1,419 20%
Inventory, net --
ending $ 357 $ 480 $ 403 $ 383 $ 456 28%
Inventory -- average
inventory % of TTM
net sales 4.6% 4.9% 5.0% 5.0% 5.2% N/A
Inventory turnover,
average -- TTM 16.6 15.7 15.5 15.3 14.8 (11%)
Fixed assets, net $ 227 $ 246 $ 245 $ 267 $ 322 42%
Accounts payable days
-- ending 57 53 44 51 58 1%
Other
Employees (full-time
and part-time;
excludes contractors
& temporary
personnel) 8,800 9,000 9,400 10,200 11,100 27%
----------------------------------------------------------------------
Note: The attached "Financial and Operational Summary" is an integral
part of this Supplemental Financial Information and Business Metrics.
(1) As previously announced in August 2005, the Company settled a
patent lawsuit on terms including a previously unanticipated one-time
payment of $40 million in Q3 2005, which negatively impacted Q3 2005
operating cash flow, free cash flow and operating income by $40
million and net income by $20 million after tax.
(2) Q4 2004 net income includes a $244 million benefit from
realizing a deferred tax asset related primarily to net operating loss
carryforwards attributable to continuing operations; 2005 net income
includes a $56 million tax expense for Q1 2005, a $56 million tax
expense for Q2 2005, and a $21 million tax expense for Q3 2005,
primarily due to taxable income resulting from the transfer of certain
operating assets from U.S. to international locations.
Amazon.com, Inc.
Financial and Operational Summary
(unaudited)
Quarterly Results of Operations (comparisons are with the equivalent period of the prior year, unless otherwise stated)
Net Sales
-- Shipping revenue was $112 million, up 30% from $87 million.
-- Amounts paid in advance for subscription services, including
amounts received from online DVD rentals, Amazon Prime, and other
membership programs, are deferred and classified in "Unearned
revenue" on our balance sheets and recognized as revenue over the
subscription term.
-- Amounts earned from third-party sales on our websites are recorded
as net amounts.
Cost of Sales
-- Cost of sales consists of the purchase price of products sold by
us, inbound and outbound shipping charges, packaging supplies, and
service costs such as those incurred in operating and staffing our
fulfillment and customer service centers on behalf of third-party
sellers, and amortization of our DVD rental library.
-- Outbound shipping-related costs totaled $159 million, up 25% from
$128 million. Net shipping loss was $47 million, up 15% from a net
shipping loss of $41 million, resulting primarily from our free
shipping offers and Amazon Prime.
Operating Expenses
-- Fixed assets include assets such as furniture and fixtures, heavy
equipment, technology infrastructure, internal-use software and
website development, and our DVD rental library. Depreciation
expense is generally classified within the corresponding operating
expense categories on the consolidated statements of operations,
and certain assets, such as our DVD rental library, are amortized
to "Cost of sales." Depreciation expense for fixed assets,
including amortization of internal-use software and website
development, was $29 million, up from $19 million, and is
classified within the corresponding operating expense categories.
-- Stock-based compensation increased $17 million to $26 million. We
chose to early-adopt SFAS 123(R), the new accounting rules on
stock-based compensation, effective January 1, 2005. Stock-based
compensation would have been $30 million, under our prior
accounting method, up $21 million versus Q3 2004.
-- In accordance with SAB 107, issued March 2005, we present
stock-based compensation within the same operating expense line
items as cash compensation.
-- Operating expenses with and without stock-based compensation are
as follows:
Q3 2005 Q3 2004
-------------------------- --------------------------
As Stock-Based As Stock-Based
Reported Compensation Net Reported Compensation Net
-------- ----------------- -------- -----------------
Operating
Expenses:
Fulfillment $171 $ (5) $166 $138 $(2) $136
Marketing 44 (2) 42 34 - 34
Technology and
content 121 (13) 108 69 (4) 65
General and
administrative 32 (6) 26 29 (3) 26
Other operating
expense (income) 40 - 40 5 - 5
---- ----- ---- ---- --- ----
Total operating
expenses $408 $ (26) $382 $275 $(9) $266
==== ===== ==== ==== === ====
Year-over-year Percentage
Growth:
Fulfillment 24 % 23 % 23 % 27 %
Marketing 28 23 13 19
Technology and
content 74 66 5 21
General and
administrative 12 1 13 16
Percent of Net
Sales:
Fulfillment 9.2 % 8.9 % 9.4 % 9.3 %
Marketing 2.4 2.3 2.4 2.3
Technology and
content 6.5 5.8 4.7 4.4
General and
administrative 1.7 1.4 2.0 1.8
Fulfillment
-- Fulfillment costs include those costs incurred in operating and
staffing our fulfillment and customer service centers, including
costs attributable to buying, receiving, inspecting, and
warehousing inventories; picking, packaging and preparing customer
orders for shipment; credit card fees and bad debt costs,
including costs associated with our guarantee of certain
third-party seller transactions. Fulfillment costs also include
amounts paid to third parties, who assist us in fulfillment and
customer service operations.
-- Credit card fees associated with third-party seller transactions
are assessed on the gross purchase price of underlying
transactions, and therefore represent a larger percentage of our
recorded net revenue on these transactions than credit card fees
for our retail sales transactions. Bad debt costs, including costs
associated with our guarantee program, are also higher as a
percentage of recorded net revenue versus our retail sales.
Accordingly, as third-party sales increase, credit card fees and
bad debt costs on these sales will negatively affect fulfillment
costs as a percentage of net sales.
-- Fulfillment costs increased in absolute dollars from the prior
year primarily due to variable costs corresponding with sales and
inventory volumes, our mix of product sales, costs associated with
credit card fees, bad debt costs, including costs of our guarantee
of certain third-party seller transactions. We expanded our
fulfillment capacity in 2005 through gains in efficiencies as well
as increases in leased warehouse space. We plan to continue
expanding our worldwide fulfillment capacity in order to
accommodate greater selection and meet anticipated shipment
volumes from sales of our own products as well as sales by third
parties where we provide the fulfillment. We expect absolute
amounts spent in fulfillment and fulfillment-related cost of sales
to increase over time.
Marketing
-- Marketing efforts include targeted online marketing channels, such
as our Associates and Syndicated Stores programs, sponsored
search, portal advertising, e-mail campaigns, and other
initiatives. Our marketing expenses are largely variable, based on
growth in sales and changes in rates. To the extent there is
increased or decreased competition for these traffic sources, or
to the extent our mix of these channels shifts, we would expect to
see a corresponding change in our marketing expense. While costs
associated with free shipping are not included in marketing
expense, we view our free shipping offers as an effective
worldwide marketing tool and intend to continue offering them
indefinitely. We expect absolute amounts spent in marketing to
increase over time.
Technology and Content
-- Technology and content expenses consist principally of payroll and
related expenses for employees involved in development of our
websites, including application development, editorial content,
merchandising selection and systems, and telecommunications
support; and costs associated with the systems and
telecommunications infrastructure.
-- Our spending in technology and content has primarily increased as
we are adding computer scientists and software engineers to
continue to enhance the customer experience on our websites and
those websites powered by us, and to improve our process
efficiency. Additionally, we continue to invest in several areas
of technology, including seller platforms, search, web services,
and digital initiatives. As we have done throughout the year, we
intend to continue investing in areas of technology and content,
and expect absolute dollars spent in technology and content to
increase over time as we continue to add computer scientists and
software engineers to our staff.
-- A significant majority of our technology costs are incurred in the
U.S. and most of them are allocated to our North America segment.
-- We expense costs related to the development of internal-use
software and website development other than those incurred during
the application development stage. Costs incurred during the
application development stage are capitalized and amortized over
the two-year estimated useful life of the software. We capitalized
$25 million of internal-use software and website development
costs, including $3 million associated with stock-based
compensation, which is excluded from purchases of fixed assets on
our consolidated statements of cash flows since it is stock based
rather than cash, compared with $12 million a year ago. These
amounts were partially offset by amortization of previously
capitalized amounts of $14 million and $8 million.
General and Administrative
-- General and administrative costs increased primarily due to
payroll and related expenses, professional fees, and legal costs,
offset by a $12 million benefit for actual and expected
reimbursement by an insurer of certain legal costs previously
incurred by us. We expect absolute dollars spent in general and
administrative to increase over time.
Stock-Based Compensation
-- Prior to January 1, 2005, we accounted for stock-based awards
under the intrinsic value method, which resulted in compensation
expense for restricted stock and restricted stock units at grant
date fair value based on the number of shares granted and the
quoted price of our common stock, and for stock options to the
extent option exercise prices were set below market prices on the
date of grant. Also, stock-based awards subject to an exchange
offer, other modifications, or performance criteria, were subject
to variable accounting treatment.
-- As of January 1, 2005, we adopted SFAS 123(R), which requires
measurement of compensation cost for stock-based awards at grant
date fair value. The fair value of restricted stock and restricted
stock units is determined based on the number of shares granted
and the quoted price of our common stock, while the fair value of
stock options is determined using a Black-Scholes valuation model.
The fair value is recognized as an expense over the service
period, net of estimated forfeitures, using the accelerated method
under SFAS 123(R). Because we implemented SFAS 123(R), we no
longer have stock awards subject to variable accounting treatment.
-- Prior to our adoption of SFAS 123(R), cash retained as a result of
excess tax deductions relating to stock-based compensation was
presented in operating cash flows, along with other tax cash
flows. SFAS 123(R) requires benefits relating to excess
stock-based compensation deductions to be presented as financing
cash inflows. Tax benefits resulting from stock-based compensation
deductions in excess of amounts reported for financial reporting
purposes were $2 million.
-- Stock-based awards generally vest over service periods of between
two and five years.
-- Payroll tax expense resulting from exercises of stock-based awards
is a cash expense and is not categorized as stock-based
compensation.
-- We granted stock awards, substantially all of which have been
restricted stock units since October 2002, of 1 million shares at
a per-share weighted-average fair value of $40. Our annual stock
awards are granted in the second quarter.
-- At September 30, 2005, there were 438 million common shares and
stock-based awards outstanding, up 1% from 434 million at
September 30, 2004. This total includes all stock-based awards
outstanding, without regard for estimated forfeitures, consisting
of vested and unvested awards, and in-the-money and
out-of-the-money stock options.
-- At September 30, 2005, there were 24 million stock awards
outstanding, consisting of 14 million stock options with a $14
weighted-average exercise price and 10 million restricted stock
units. At September 30, 2004 there were 27 million stock awards
outstanding.
Other Operating Expense (Income)
-- We settled a patent lawsuit on terms including a previously
unanticipated one-time payment of $40 million in Q3 2005 that was
recorded to "Other operating expense (income)" on the consolidated
statements of operations. Operating cash flow, free cash flow,
operating income, and net income were negatively impacted by this
legal settlement, as follows:
Q3 2005
-------------------------------------------------
Operating Cash Free Cash Operating Net
Flow (TTM) Flow (TTM) Income Income
-------------------------------------------------
As reported $ 661 $ 475 $ 55 $30
Legal settlement 40 40 40 20
------- ------- ---- ---
Adjusted $ 701 $ 515 $ 95 $50
======= ======= ==== ===
-- Included in "Other operating expense (income)" are amortization of
intangibles and restructuring-related expenses or credits.
-- We acquired certain companies during the three quarters ended
September 30, 2005, for an aggregate cash purchase price of $29
million. The excess of purchase price over the fair value of the
net assets acquired was $19 million and is classified as
"Goodwill" on our consolidated balance sheets. Acquired other
intangibles totaled $10 million and have estimated useful lives of
between one and three years. The results of operations of each of
the acquired businesses have been included in our consolidated
results as of the closing date of acquisition. The effect of these
acquisitions on consolidated net sales and operating income was
not significant for Q3 2005.
Remeasurements and Other
-- We realized a $4 million gain primarily associated with the sale
of certain equity investments.
-- Remeasurement of the principal amount of our 6.875% PEACS from
euros to U.S. dollars resulted in a foreign-currency gain of $4
million, compared with a loss of $16 million.
-- Remeasurement of foreign-currency intercompany balances that are
to be repaid among subsidiaries represented a $2 million loss,
compared with a gain of $7 million.
-- The remeasurement of our 6.875% PEACS and intercompany balances
can result in significant gains and charges associated with the
effect of movements in currency exchange rates.
Income Taxes and Deferred Tax Assets
-- Our tax provision for interim periods is determined using an
estimate of the annual effective tax rate, with the cumulative
effect of a change to the estimated annual rate being recorded in
the interim period such a change is made. The Q3 2005 tax
provision includes a cumulative adjustment benefit of $4 million
to reflect our current estimate of our annual effective tax rate
of 50%.
-- Our effective tax rate for Q3 2005 and for the three quarters
ended September 30, 2005, remains higher than the 35% statutory
rate associated with taxable income resulting from the Q1 2005
transfer of certain operating assets from the U.S. to
international locations. We expect these asset transfers to result
in tax expense for financial reporting purposes above the
statutory rate throughout 2005. Since we have Net Operating Losses
("NOLs") these asset transfers will not have a significant effect
on cash taxes paid in 2005, which we expect to be approximately
$25 million compared with $4 million in 2004. Cash paid for income
taxes was $6 million and $2 million in Q3 2005 and Q3 2004, and
for the three quarters ended September 30, 2005 and 2004 was $11
million and $3 million.
-- SFAS 109 requires that deferred tax assets be evaluated for future
realization and reduced by a valuation allowance to the extent we
believe a portion will not be realized. We consider many factors
when assessing the likelihood of future realization of our
deferred tax assets, including our recent cumulative earnings
experience by taxing jurisdiction, expectations of future taxable
income, the carry-forward periods available to us for tax
reporting purposes, and other relevant factors. Significant
judgment is required in making this assessment, and it is very
difficult to predict when, if ever, our assessment may conclude
that the remaining portion of our deferred tax assets is
realizable.
-- At September 30, 2005, approximately $720 million of our gross
deferred tax assets were related to approximately $2.3 billion of
NOLs, the majority of which expire after 2016. Our NOL deferred
tax assets are reduced by a valuation allowance of approximately
$510 million due to uncertainty about their future realization.
The remainder of our deferred tax assets relate to temporary
timing differences between tax and financial reporting.
-- Substantially all of the unrealized $510 million NOL deferred tax
assets, if realized, would be credited to "Stockholders' equity"
rather than results of operations for financial reporting purposes
since they primarily relate to tax-deductible stock-based
compensation in excess of amounts recognized for financial
reporting purposes.
-- Classification of deferred tax assets between current and
long-term asset categories is based on the expected timing of
realization, and the valuation allowance is allocated ratably.
Foreign Exchange
-- Our financial reporting currency is the U.S. dollar and changes in
exchange rates significantly affect our reported results and
consolidated trends. For example, during Q3 2005 our consolidated
revenue and operating income were negatively affected by the
strengthening of the U.S. Dollar in comparison to the currencies
of internationally focused websites, but our consolidated revenue
and operating income from Q2 2002 through Q2 2005 have benefited
from weakness in the U.S. dollar in comparison to the same
currencies.
-- The effect on our consolidated statements of operations from
year-over-year changes in exchange rates versus the U.S. dollar
throughout the period is as follows:
Q3 2005 Q3 2004
------------------------- ------------------------
At At
Prior Exchange Prior Exchange
Year Rate Year Rate
Rates Effect As Rates Effect As
(1) (2) Reported (1) (2) Reported
------- -------- -------- ------- -------- --------
(in millions, except per share amounts)
Net sales $1,865 $ (7) $1,858 $1,406 $ 57 $1,463
Gross profit 464 (1) 463 344 12 356
Operating expenses 408 - 408 282 (7) 275
Income from
operations 56 (1) 55 77 4 81
Net interest
expense and other (10) - (10) (18) (1) (19)
Remeasurements and
other (3) 4 2 6 1 (6) (5)
Net income 29 1 30 57 (3) 54
Diluted earnings
per share $ 0.07 $ - $ 0.07 $ 0.13 $ - $ 0.13
(1) Represents the outcome that would have resulted had currency
exchange rates in the current period been the same as those in
effect in the comparable prior year period for operating results,
and if we did not incur the variability associated with
remeasurements for our 6.875% PEACS and intercompany balances.
(2) Represents the increase (decrease) in reported amounts resulting
from changes in exchange rates from those in effect in the
comparable prior year period for operating results, and if we did
not incur the variability associated with remeasurements for our
6.875% PEACS and intercompany balances.
(3) Includes foreign-currency gains (losses) on remeasurement of
6.875% PEACS and intercompany balances compared to prior quarter,
and realized currency-related gains associated with sales of
euro-denominated investments held by a U.S. subsidiary.
Cash Flows and Balance Sheet
-- Operating cash flows and free cash flows can be volatile and are
sensitive to many factors, including changes in working capital
and timing of capital expenditures. Working capital at any
specific point in time is subject to many variables, including
seasonality, the timing of expense payments, discounts offered by
vendors, vendor payment terms, and fluctuations in foreign
exchange rates.
-- Our cash, cash equivalents, and marketable securities of $1.4
billion, at fair value, primarily consist of cash, investment
grade securities, and AAA-rated money market mutual funds.
Included are amounts held in foreign currencies of $687 million,
primarily in euros, British pounds, and yen.
-- We have pledged $79 million of our cash and marketable securities
as collateral primarily for standby letters of credit and real
estate leases, compared with $76 million as of September 30, 2004.
-- "Accounts receivable, net and other current assets" includes
accounts receivable from merchant partners, vendors and credit
card companies, interest receivables, and $20 million of prepaid
expenses.
-- "Other assets" includes, among other things, $13 million of
deferred issuance costs on long-term debt, $9 million of certain
equity investments, and $13 million of other intangibles, net.
-- "Unearned revenue" is recorded when payments are received from
third parties or customers in advance of our providing the
associated service.
-- Amounts related to restructuring-related leases and other
commitments due within twelve months are $4 million and are
included in "Accrued expenses and other current liabilities," and
the remaining $5 million is included in "Long-term debt and other"
on our balance sheet. These amounts are net of anticipated
sublease income of $6 million.
-- "Accrued expenses and other current liabilities" includes, among
other things, liabilities for gift certificates, professional
fees, marketing activities, and workforce costs, including accrued
payroll, vacation, and other benefits.
-- "Long-term debt and other" primarily includes the following (in
millions):
Principal Interest Principal
at Maturity Rate Due Date
--------------------------------------
Convertible Subordinated Notes. $ 900 (1) 4.750% February 2009
Premium Adjustable Convertible
Securities ("PEACS").......... 589 (2) 6.875% February 2010
-----------
$ 1,489 (3)
===========
(1) Convertible at the holders' option into our common stock at
$78.0275 per share. We have the right to redeem the Convertible
Subordinated Notes, in whole or in part, at a redemption price of
101.9% of the principal, which decreases every February 1 by 47.5
basis points until maturity, plus any accrued and unpaid interest.
(2) EUR 490 million principal amount, convertible at the holders'
option into our common stock at EUR 84.883 per share ($102 per
share based on the euro/U.S. dollar exchange rate as of September
30, 2005). We have the right to redeem the PEACS, in whole or in
part, by paying the principal amount, plus any accrued and unpaid
interest. We do not hedge any portion of the PEACS. The U.S.
dollar equivalent principal, interest, and conversion price
fluctuates based on the euro/U.S. dollar exchange ratio. Due to
fluctuations in this exchange ratio, our principal debt obligation
since issuance in February 2000 has increased by $106 million as
of September 30, 2005.
(3) The "if converted" number of shares associated with our
convertible debt instruments (approximately 17 million total
shares) is excluded from diluted shares as their effect is
antidilutive.
Certain Definitions and Other-- We present segment information along two lines: North America and International. We measure operating results of our segments using an internal performance measure of direct segment operating expenses that excludes stock-based compensation and other operating expenses (income), each of which is not allocated to segment results. Other centrally incurred operating costs are fully allocated to segment results. Our operating results, particularly for the International segment, are affected by movements in foreign exchange rates.-- The North America segment consists of amounts earned from retail sales of consumer products (including from third-party sellers) and subscriptions through North America-focused websites such as www.amazon.com and www.amazon.ca; from North America-focused Syndicated Stores, such as www.cdnow.com; from our mail-order tool catalog phone orders; from our Amazon Prime membership program; and from non-retail activities such as North America-focused Amazon Services' Merchant.com, marketing, and promotional agreements. This segment includes export sales from www.amazon.com and www.amazon.ca.-- The International segment consists of amounts earned from retail sales of consumer products (including from third-party sellers) and subscriptions through internationally focused websites such as www.amazon.co.uk, www.amazon.de, www.amazon.co.jp, www.amazon.fr, and since September 2004, www.joyo.com; from internationally focused Syndicated Stores; from our DVD rental service and from non-retail activities such as internationally focused marketing and promotional agreements. This segment includes export sales from these internationally based sites (including export sales from these sites to customers in the U.S. and Canada), but excludes export sales from www.amazon.com and www.amazon.ca.-- We provide supplemental sales information within each segment for three categories: "Media," "Electronics and other general merchandise," and "Other." Media consists of amounts earned from DVD rental and retail sales from all sellers of books, music, DVD/video, magazine subscriptions, software, video games, and video-game consoles. Electronics and other general merchandise consists of amounts earned from retail sales from all sellers of items not included in Media, such as electronics and office, camera and photo, toys and baby, tools, home and garden, apparel, sports and outdoors, kitchen and housewares, gourmet food, jewelry, health and personal care, beauty, and musical instruments. The Other category consists of non retail activities, such as the Merchant.com program and miscellaneous marketing and promotional activities, such as our co-branded credit card program.-- Operating cash flow is net cash provided by (used in) operating activities, including cash outflows for interest and excluding proceeds from the exercise of stock-based employee awards. Free cash flow is operating cash flow less cash outflows for purchases of fixed assets, including internal-use software and website development.-- Operating cycle is number of days of sales in inventory plus number of days of sales in accounts receivable minus accounts payable days. Accounts payable days are calculated as the quotient of accounts payable to cost of sales, multiplied by the number of days in the period. Inventory turns are calculated as the quotient of cost of sales to average inventory over five quarter ends.-- References to customers mean customer accounts, which are unique e-mail addresses, established either when a customer's initial order is shipped or when a customer orders from certain third-party sellers on our websites. Customer accounts include customers of Amazon Marketplace, Auctions and zShops, and our Merchants@, Syndicated Stores programs, but exclude DVD rental customers, customers associated with certain of our acquisitions (including Joyo.com customers), Amazon Services' Merchant.com program customers, Amazon.com Payments customers, our catalog customers, and the customers of select companies with whom we have a technology alliance or marketing and promotional relationship. A customer is considered active when they have placed an order during the preceding twelve-month period.-- References to sellers or merchants mean active seller accounts, which are established when a seller receives an order from a customer account. Seller accounts include sellers in Amazon Marketplace, Auctions, zShops, and Merchants@ platforms, but exclude Amazon Services' Merchant.com sellers. A seller is considered active when they have received an order during the preceding twelve-month period.-- References to units mean units sold (net of returns and cancellations) by us and third-party sellers at Amazon.com domains worldwide -- such as www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.co.jp, www.amazon.fr, and www.amazon.ca -- and at Syndicated Stores domains, as well as Amazon.com-owned items sold through catalogs and at non-Amazon.com domains, such as books, music, and DVD/video items ordered from Amazon.com's store at www.target.com. Units sold do not include units associated with certain of our acquisitions (including Joyo.com units), Amazon.com gift certificates or DVD rentals.
CONTACT: Amazon.com Investor RelationsTim Stone, 206-266-2171ir@amazon.comwww.amazon.com/irorAmazon.com Public RelationsPatty Smith, 206-266-7180SOURCE: Amazon.com, Inc. | <p>Adobe® Acrobat® Reader® required to view pdf files. To download a free a copy, click here.To save pdf files, please click on diskette icon on the Adobe® Acrobat® Reader® nav bar.</p><p>SEATTLE--(BUSINESS WIRE)--Oct. 25, 2005--Amazon.com, Inc. (NASDAQ:AMZN) today announced financial results for its third quarter ended September 30, 2005.</p><p>Operating cash flow grew 35% to $661 million for the trailing twelve months, compared with $490 million for the trailing twelve months ended September 30, 2004. Free cash flow grew 13% to $475 million for the trailing twelve months, compared with $420 million for the trailing twelve months ended September 30, 2004. As previously announced in August 2005, the Company settled a patent lawsuit on terms including a previously unanticipated one-time payment of $40 million in third quarter 2005. Excluding this payment, free cash flow would have grown 22% to $515 million for the trailing twelve months.</p><p>Common shares outstanding plus shares underlying stock-based awards outstanding totaled 438 million at September 30, 2005, compared with 434 million a year ago.</p><p>Net sales increased 27% to $1.86 billion in the third quarter, compared with $1.46 billion in third quarter 2004. Excluding the $7 million unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales grew 28% compared with third quarter 2004.</p><p>Operating income decreased 32% to $55 million in the third quarter, compared with $81 million in third quarter 2004. Excluding the negative impact of the $40 million legal settlement, operating income would have increased 17% to $95 million.</p><p>Net income was $30 million in the third quarter, or $0.07 per diluted share, compared with net income of $54 million, or $0.13 per diluted share in third quarter 2004, which includes $21 million in income tax expense, compared with $3 million income tax expense in third quarter 2004. Excluding the negative impact of the $40 million legal settlement -- $20 million after tax -- net income would have been $50 million or $0.12 per diluted share.</p><p>"For $79 a year, Amazon Prime members get 'all-you-can-eat' free express shipping," said Jeff Bezos, founder and CEO of Amazon.com. "Customers continue to join Amazon Prime and we anticipate even higher enrollment rates as we get closer to the holidays."</p><p>Amazon Prime, Amazon.com's first-ever membership program, was introduced February 2005. For a flat membership fee of $79 per year, Amazon Prime members get unlimited, express two-day shipping for free, with no minimum purchase requirement on over a million eligible items sold by Amazon.com. Members can order as late as 6:30 p.m. ET and still get their order the next day for only $3.99 per item, and can share the benefits of Amazon Prime with up to four family members living in their household. Sign up for Amazon Prime at www.amazon.com/prime.</p><p>Highlights-- North America segment sales, representing the Company's U.S. and Canadian sites, were $1.04 billion, up 28% from third quarter 2004. Segment operating income increased 16% to $66 million in third quarter 2005 from $57 million in third quarter 2004.-- North America Other revenue, which includes Amazon Services' Merchant.com program, increased to $53 million in third quarter 2005.-- International segment sales, representing the Company's U.K., German, French, Japanese, and Chinese sites, were $817 million, up 26% from third quarter 2004. Excluding the unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales growth was 28%. Segment operating income increased 46% to $55 million in third quarter 2005 from $38 million in third quarter 2004.-- International segment sales increased to 45% of worldwide net sales on a trailing twelve-month basis, up from 43% for the twelve months ended September 30, 2004.-- Worldwide Electronics & Other General Merchandise sales grew 43% to $491 million in third quarter 2005, and increased to 26% of worldwide net sales, compared with 24% for third quarter 2004.-- The Company sold over 1.6 million copies of Harry Potter and the Half-Blood Prince worldwide in third quarter 2005, making it Amazon.com's largest new product release.-- A9.com, a subsidiary of Amazon.com, launched A9.com Maps, a new service that shows users an interactive map and over 35 million corresponding street-level images in a single interface in 24 cities.-- Customers shopping at www.amazon.co.uk now qualify for free shipping on orders of GBP 15 or more, down from the prior threshold of GBP 19.-- In the aftermath of Hurricane Katrina, Amazon customers used the Company's 1-click(R) technology to contribute more than $12 million for American Red Cross relief efforts.Financial Guidance</p><p>The following forward-looking statements reflect Amazon.com's expectations as of October 25, 2005. Results may be materially affected by many factors, such as fluctuations in foreign exchange rates, changes in global economic conditions and consumer spending, world events, the rate of growth of the Internet and online commerce, and the various factors detailed below.</p><p>Fourth Quarter 2005 Guidance-- Net sales are expected to be between $2.86 billion and $3.16 billion, or grow between 13% and 24%, compared with fourth quarter 2004.-- Operating income is expected to be between $135 million and $210 million, or between (17%) decline and 29% growth, compared with fourth quarter 2004. This guidance includes $30 million for stock-based compensation and amortization of intangible assets, and assumes, among other things, that no additional intangible assets are recorded, and that there are no further revisions to stock-based compensation or restructuring-related estimates.Full Year 2005 Guidance-- Net sales are expected to be between $8.373 billion and $8.673 billion, or grow between 21% and 25%, compared with 2004.-- Operating income is expected to be between $403 million and $478 million, or between (9%) decline and 8% growth, compared with 2004. This guidance includes $144 million for stock-based compensation, amortization of intangible assets and the $40 million legal settlement, and assumes, among other things, that no additional intangible assets are recorded and that there are no changes to stock-based compensation or restructuring-related estimates.</p><p>A conference call will be webcast live today at 2 p.m. PT/5 p.m. ET, and will be available for at least three months at www.amazon.com/ir. This call will contain forward-looking statements and other material information regarding the Company's financial and operating results.</p><p>These forward-looking statements are inherently difficult to predict. Actual results could differ materially for a variety of reasons, including, in addition to the factors discussed above, the amount that Amazon.com invests in new business opportunities and the timing of those investments, the mix of products sold to customers, the mix of net sales derived from products as compared with services, competition, management of growth, potential fluctuations in operating results, international growth and expansion, the outcomes of legal proceedings and claims, fulfillment center optimization, risks of inventory management, seasonality, the degree to which the Company enters into, maintains and develops commercial agreements, acquisitions and strategic transactions, and risks of fulfillment throughput and productivity. Other risks and uncertainties include, among others, risk of future losses, significant indebtedness, system interruptions, consumer trends, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>About Amazon.com</p><p>Amazon.com (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer customers the lowest possible prices. Amazon.com and third-party sellers offer millions of unique new, refurbished, and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven retail websites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.co.jp, www.amazon.fr, www.amazon.ca, and www.joyo.com.</p><pre> As used herein, "Amazon.com," "we," "our" and similar termsinclude Amazon.com, Inc. and its subsidiaries, unless the contextindicates otherwise. AMAZON.COM, INC. Consolidated Statements of Cash Flows (in millions) (unaudited) Three Months Nine Months Twelve Months Ended Ended Ended September 30, September 30, September 30, ------------- ----------------- ----------------- 2005 2004 2005 2004 2005 2004 ------ ----- -------- ------- -------- -------CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD $ 629 $ 701 $ 1,303 $ 1,102 $ 746 $ 666OPERATING ACTIVITIES:Net income 30 54 160 242 507 315Adjustments to reconcile net income to net cash provided by operating activities: Depreciation of fixed assets, including internal-use software and website development, and other amortization 30 19 85 55 106 73 Stock-based compensation 26 9 71 38 90 53 Other operating expense (income) - 5 3 (3) (3) (3) Losses (gains) on sales of marketable securities, net - - - (1) - (1) Remeasurements and other (6) 5 (38) (31) (6) 5 Non-cash interest expense and other 1 1 4 3 5 4 Deferred income taxes 23 (4) 116 (12) (128) (13) Cumulative effect of change in accounting principle - - (26) - (26) -Changes in operating assets and liabilities: - - - - - - Inventories (76) (70) 10 (61) (98) (104) Accounts receivable, net and other current assets (12) (18) 6 (9) 14 (25) Accounts payable 147 96 (224) (138) 201 161 Accrued expenses and other current liabilities (5) 9 (30) (53) 8 19 Additions to unearned revenue 28 34 95 84 120 108 Amortization of previously unearned revenue (32) (27) (87) (76) (118) (102) Interest payable (1) 4 (42) (29) (11) - ----- ----- ------- ------- ------- ------- Net cash provided by operating activities 153 117 103 9 661 490INVESTING ACTIVITIES:Purchases of fixed assets, including internal-use software and website development (76) (29) (149) (52) (186) (70)Acquisitions, net of cash acquired (4) (71) (24) (71) (24) (71)Sales and maturities of marketable securities and other investments 163 395 653 1,007 1,072 1,239 Purchases of marketable securities (289) (380) (1,027) (1,136) (1,475) (1,257) ----- ----- ------- ------- ------- ------- Net cash used in investing activities (206) (85) (547) (252) (613) (159)FINANCING ACTIVITIES:Proceeds from exercises of stock options and other 23 8 42 43 59 73Proceeds from long-term debt and other 13 - 13 - 13 -Repayments of long-term debt and capital lease obligations (6) (1) (272) (157) (272) (364) ----- ----- ------- ------- ------- ------- Net cash provided by (used in) financing activities 30 7 (217) (114) (200) (291)Foreign-currency effect on cash and cash equivalents (6) 6 (42) 1 6 40 ----- ----- ------- ------- ------- ------- Net increase (decrease) in cash and cash equivalents (29) 45 (703) (356) (146) 80 ----- ----- ------- ------- ------- -------CASH AND CASH EQUIVALENTS, END OF PERIOD $ 600 $ 746 $ 600 $ 746 $ 600 $ 746 ===== ===== ======= ======= ======= =======SUPPLEMENTAL CASH FLOW INFORMATION:Cash paid for interest $ 21 $ 21 $ 105 $ 108 $ 105 $ 111Cash paid for income taxes 6 2 11 3 12 3 AMAZON.COM, INC. Consolidated Statements of Operations (in millions, except per share data) (unaudited) Three Months Nine Months Ended Ended September 30, September 30, ---------------------------- 2005 2004 2005 2004 ------ ------ ------ ------Net sales $1,858 $1,463 $5,513 $4,380Cost of sales 1,395 1,107 4,141 3,322 ------ ------ ------ ------Gross profit 463 356 1,372 1,058Operating expenses(1): Fulfillment 171 138 495 392 Marketing 44 34 131 103 Technology and content 121 69 319 199 General and administrative 32 29 117 89 Other operating expense (income) 40 5 43 (3) ------ ------ ------ ------ Total operating expenses 408 275 1,105 780 ------ ------ ------ ------Income from operations 55 81 267 278Interest income 12 7 30 19Interest expense (22) (26) (70) (80)Other income (expense), net - - 2 -Remeasurements and other 6 (5) 38 31 ------ ------ ------ ------ Total non-operating income (expense) (4) (24) - (30) ------ ------ ------ ------Income before income taxes 51 57 267 248Provision for income taxes 21 3 133 6 ------ ------ ------ ------Income before cumulative effect of change in accounting principle 30 54 134 242Cumulative effect of change in accounting principle - - 26 - ------ ------ ------ ------Net income $ 30 $ 54 $ 160 $ 242 ====== ====== ====== ======Basic earnings per share: Prior to cumulative effect of change in accounting principle $ 0.07 $ 0.13 $ 0.33 $ 0.60 Cumulative effect of change in accounting principle - - 0.06 - ------ ------ ------ ------ $ 0.07 $ 0.13 $ 0.39 $ 0.60 ====== ====== ====== ======Diluted earnings per share: Prior to cumulative effect of change in accounting principle $ 0.07 $ 0.13 $ 0.32 $ 0.57 Cumulative effect of change in accounting principle - - 0.06 - ------ ------ ------ ------ $ 0.07 $ 0.13 $ 0.38 $ 0.57 ====== ====== ====== ======Weighted average shares used in computation of earnings per share: Basic 413 407 411 405 ====== ====== ====== ====== Diluted 428 425 426 424 ====== ====== ====== ======(1)Includes stock-based compensation as follows: Fulfillment $ 5 $ 2 $ 13 $ 6 Marketing 2 - 5 3 Technology and content 13 4 36 21 General and administrative 6 3 17 8 ------ ------ ------ ------ $ 26 $ 9 $ 71 $ 38 ====== ====== ====== ====== AMAZON.COM, INC. Segment Information (in millions) (unaudited) Three Months Nine Months Ended Ended September 30, September 30, -------------- ---------------- 2005 2004 2005 2004 ------ ------ ------ ------North America Net sales $1,041 $ 816 $3,028 $2,455 Cost of sales 749 593 2,179 1,786 ------ ------ ------ ------ Gross profit 292 223 849 669 Direct segment operating expenses (1) 226 166 645 470 ------ ------ ------ ------ Segment operating income 66 57 204 199International Net sales 817 647 2,485 1,925 Cost of sales 646 514 1,962 1,536 ------ ------ ------ ------ Gross profit 171 133 523 389 Direct segment operating expenses (1) 116 95 346 275 ------ ------ ------ ------ Segment operating income 55 38 177 114Consolidated Net sales 1,858 1,463 5,513 4,380 Cost of sales 1,395 1,107 4,141 3,322 ------ ------ ------ ------ Gross profit 463 356 1,372 1,058 Direct segment operating expenses 342 261 991 745 ------ ------ ------ ------ Segment operating income 121 95 381 313 Stock-based compensation (26) (9) (71) (38) Other operating income (expense) (40) (5) (43) 3 ------ ------ ------ ------ Income from operations 55 81 267 278 Total non-operating income (expense), net (4) (24) - (30) Provision for income taxes (21) (3) (133) (6) Cumulative effect of change in accounting principle - - 26 - ------ ------ ------ ------ Net income $ 30 $ 54 $ 160 $ 242 ====== ====== ====== ======Segment Highlights: Y/Y net sales growth: North America 28% 15% 23% 16% International 26 52 29 60 Consolidated 27 29 26 32 Y/Y gross profit growth: North America 31% 11% 27% 16% International 29 56 35 54 Consolidated 30 24 30 27 Y/Y segment operating income growth: North America 16% (8%) 3% 18% International 46 238 56 188 Consolidated 28 29 22 50 Net sales mix: North America 56% 56% 55% 56% International 44 44 45 44(1) A significant majority of our costs for "Technology and content" are incurred in the United States and most of these costs are allocated to our North America segment. AMAZON.COM, INC. Supplemental Net Sales Information (in millions) (unaudited) Three Months Nine Months Ended Ended September 30, September 30, --------------- ---------------- 2005 2004 2005 2004 ------ ------ ------ ------North America Media $ 684 $ 564 $2,015 $1,704 Electronics and other general merchandise 304 228 863 679 Other 53 24 150 72 ------ ------ ------ ------ 1,041 816 3,028 2,455International Media 629 530 1,917 1,601 Electronics and other general merchandise 187 116 565 322 Other 1 1 3 2 ------ ------ ------ ------ 817 647 2,485 1,925Consolidated Media 1,313 1,094 3,932 3,305 Electronics and other general merchandise 491 344 1,428 1,001 Other 54 25 153 74 ------ ------ ------ ------ $1,858 $1,463 $5,513 $4,380 ====== ====== ====== ======Y/Y Net Sales Growth:North America: Media 21% 12% 18% 12% Electronics and other general merchandise 33 27 27 29 Other 122 (10) 108 -International: Media 19% 41% 20% 46% Electronics and other general merchandise 62 132 76 210 Other 177 17 85 76Consolidated: Media 20% 25% 19% 26% Electronics and other general merchandise 43 50 43 59 Other 123 (10) 107 1Consolidated Net Sales Mix: Media 71% 75% 71% 75% Electronics and other general merchandise 26 24 26 23 Other 3 2 3 2 AMAZON.COM, INC. Consolidated Balance Sheets (in millions, except per share data) September December September 30, 31, 30, 2005 2004 2004 ---------- ------- ----------ASSETS (unaudited) (unaudited)Current assets: Cash and cash equivalents $ 600 $ 1,303 $ 746 Marketable securities 819 476 439 ---------- ------- ---------- Cash, cash equivalents, and marketable securities 1,419 1,779 1,185 Inventories 456 480 357 Deferred tax assets, current portion 58 81 1 Accounts receivable, net and other current assets 188 199 150 ---------- ------- ---------- Total current assets 2,121 2,539 1,693Fixed assets, net 322 246 227Deferred tax assets, long-term portion 190 282 11Goodwill 159 139 138Other assets 40 42 40 ---------- ------- ---------- Total assets $ 2,832 $ 3,248 $ 2,109 ========== ======= ==========LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)Current liabilities: Accounts payable $ 876 $ 1,142 $ 689 Accrued expenses and other current liabilities 340 361 269 Unearned revenue 48 41 46 Interest payable 32 74 44 Current portion of long-term debt and other 17 2 3 ---------- ------- ---------- Total current liabilities 1,313 1,620 1,051Long-term debt and other 1,513 1,855 1,780Commitments and contingenciesStockholders' Equity (Deficit): Preferred stock, $0.01 par value: Authorized shares -- 500 Issued and outstanding shares -- none - - - Common stock, $0.01 par value: Authorized shares -- 5,000 Issued and outstanding shares -- 414, 410 and 407 shares 4 4 4 Additional paid-in capital 2,215 2,123 1,979 Accumulated other comprehensive income 13 32 28 Accumulated deficit (2,226) (2,386) (2,733) ---------- ------- ---------- Total stockholders' equity (deficit) 6 (227) (722) ---------- ------- ---------- Total liabilities and stockholders' equity (deficit) $ 2,832 $ 3,248 $ 2,109 ========== ======= ========== AMAZON.COM, INC. Supplemental Financial Information and Business Metrics (in millions, except per share data) (unaudited)---------------------------------------------------------------------- Y/Y % Q3 2004 Q4 2004 Q1 2005 Q2 2005 Q3 2005 Change -------------------------------------------------Cash Flows and SharesOperating cash flow -- trailing twelve months (TTM) (1) $ 490 $ 567 $ 523 $ 624 $ 661 35%Purchase of fixed assets (incl. internal-use software & website development) -- TTM $ 70 $ 89 $ 106 $ 138 $ 186 166%Free cash flow (operating cash flow less purchases of fixed assets) -- TTM (1) $ 420 $ 477 $ 417 $ 486 $ 475 13%Common shares and stock-based awards outstanding 434 434 434 438 438 1%Common shares outstanding 407 410 411 412 414 2%Stock-based awards outstanding 27 25 24 26 24 (10%)Stock-based awards outstanding -- % of common shares outstanding 6.5% 6.0% 5.7% 6.3% 5.8% N/AResults of OperationsWorldwide (WW) net sales $1,463 $2,541 $1,902 $ 1,753 $ 1,858 27%WW net sales -- Y/Y growth, excluding the effect of foreign exchange rates 23.9% 26.2% 22.3% 24.6% 27.6% N/AWW net sales -- TTM $6,326 $6,921 $7,292 $ 7,658 $ 8,054 27%Gross profit $ 356 $ 544 $ 458 $ 450 $ 463 30%Gross margin -- % of WW net sales 24.3% 21.4% 24.1% 25.7% 24.9% N/AGross profit -- TTM $1,484 $1,602 $1,700 $ 1,809 $ 1,917 29%Gross margin -- TTM % of WW net sales 23.5% 23.1% 23.3% 23.6% 23.8% N/AFulfillment costs, excluding stock- based compensation -- % of WW net sales 9.3% 8.0% 8.6% 8.7% 8.9% N/AFulfillment costs, excluding stock- based compensation -- TTM % of WW net sales 8.6% 8.5% 8.6% 8.6% 8.5% N/AOperating income (1) $ 81 $ 162 $ 108 $ 104 $ 55 (32%)Operating margin -- % of WW net sales (1) 5.6% 6.4% 5.7% 6.0% 3.0% N/AOperating income -- TTM (1) $ 416 $ 440 $ 438 $ 456 $ 430 3%Operating margin -- TTM % of WW net sales (1) 6.6% 6.4% 6.0% 6.0% 5.3% N/ANet income (1) (2) $ 54 $ 347 $ 78 $ 52 $ 30 (45%)Net income per diluted share (1) (2) $ 0.13 $ 0.82 $ 0.18 $ 0.12 $ 0.07 (45%)Net income -- TTM (1) (2) $ 315 $ 588 $ 555 $ 531 $ 507 61%Net income per diluted share -- TTM (1) (2) $ 0.74 $ 1.39 $ 1.31 $ 1.25 $ 1.19 61%SegmentsNorth America Segment: Net sales $ 816 $1,392 $1,027 $ 960 $ 1,041 28% Net sales -- Y/Y growth, excluding the effect of foreign exchange rates 15.0% 21.8% 21.1% 21.0% 27.4% N/A Net sales -- TTM $3,597 $3,847 $4,027 $ 4,195 $ 4,420 23% Gross profit $ 223 $ 355 $ 279 $ 278 $ 292 31% Gross margin -- % of North America net sales 27.4% 25.5% 27.2% 29.0% 28.1% N/A Gross profit -- TTM $ 958 $1,024 $1,077 $ 1,135 $ 1,204 26% Gross margin -- TTM % of North America net sales 26.6% 26.6% 26.7% 27.1% 27.2% N/A Operating income $ 57 $ 122 $ 66 $ 72 $ 66 16% Operating margin -- % of North America net sales 7.0% 8.8% 6.4% 7.5% 6.4% N/A Operating income -- TTM $ 313 $ 321 $ 311 $ 317 $ 326 4% Operating margin -- TTM % of North America net sales 8.7% 8.3% 7.7% 7.6% 7.4% N/AInternational Segment: Net sales $ 647 $1,149 $ 875 $ 793 $ 817 26% Net sales -- Y/Y growth, excluding the effect of foreign exchange rates 38.9% 32.5% 23.8% 29.3% 27.8% N/A Net sales -- TTM $2,729 $3,074 $3,265 $ 3,463 $ 3,634 33% Net sales -- TTM % of WW net sales 43.1% 44.4% 44.8% 45.2% 45.1% N/A Gross profit $ 133 $ 190 $ 180 $ 172 $ 171 29% Gross margin -- % of International net sales 20.5% 16.5% 20.5% 21.7% 20.9% N/A Gross profit -- TTM $ 527 $ 578 $ 623 $ 674 $ 713 35% Gross margin -- TTM % of International net sales 19.3% 18.8% 19.1% 19.5% 19.6% N/A Operating income $ 38 $ 55 $ 63 $ 60 $ 55 46% Operating margin -- % of International net sales 5.8% 4.8% 7.2% 7.6% 6.7% N/A Operating income -- TTM $ 153 $ 169 $ 190 $ 216 $ 233 52% Operating margin -- TTM % of International net sales 5.6% 5.5% 5.8% 6.2% 6.4% N/A---------------------------------------------------------------------- AMAZON.COM, INC. Supplemental Financial Information and Business Metrics (in millions, except inventory turnover, accounts payable days, and employee data) (unaudited)---------------------------------------------------------------------- Y/Y % Q3 2004 Q4 2004 Q1 2005 Q2 2005 Q3 2005 Change -------------------------------------------------Segments (continued)Consolidated Segments: Operating expenses $ 261 $ 367 $ 330 $ 318 $ 342 31% Operating expenses -- TTM $1,019 $1,112 $1,198 $ 1,276 $ 1,358 33% Operating income $ 95 $ 177 $ 129 $ 132 $ 121 28% Operating margin -- % of consolidated sales 6.5% 7.0% 6.8% 7.5% 6.5% N/A Operating income -- TTM $ 466 $ 490 $ 502 $ 533 $ 559 20% Operating margin -- TTM % of consolidated net sales 7.4% 7.1% 6.9% 7.0% 6.9% N/ASupplemental North America Segment Net Sales: Media $ 564 $ 885 $ 699 $ 632 $ 684 21% Media -- TTM $2,455 $2,589 $2,690 $ 2,780 $ 2,901 18% Electronics and other general merchandise $ 228 $ 449 $ 281 $ 278 $ 304 33% Electronics and other general merchandise -- TTM $1,031 $1,128 $1,185 $ 1,236 $ 1,311 27% Electronics and other general merchandise -- TTM % of North America net sales 29% 29% 29% 29% 30% N/A Other $ 24 $ 58 $ 46 $ 50 $ 53 122% Other -- TTM $ 111 $ 130 $ 153 $ 178 $ 208 88%Supplemental International Segment Net Sales: Media $ 530 $ 911 $ 675 $ 614 $ 629 19% Media -- TTM $2,285 $2,513 $2,612 $ 2,730 $ 2,828 24% Electronics and other general merchandise $ 116 $ 237 $ 199 $ 178 $ 187 62% Electronics and other general merchandise -- TTM $ 442 $ 558 $ 651 $ 730 $ 801 81% Electronics and other general merchandise -- TTM % of International net sales 16% 18% 20% 21% 22% N/A Other $ 1 $ 1 $ 1 $ 1 $ 1 177% Other -- TTM $ 2 $ 2 $ 3 $ 3 $ 4 97%Supplemental Worldwide Net Sales: Media $1,094 $1,796 $1,374 $ 1,246 $ 1,313 20% Media -- TTM $4,740 $5,102 $5,302 $ 5,510 $ 5,730 21% Electronics and other general merchandise $ 344 $ 686 $ 480 $ 456 $ 491 43% Electronics and other general merchandise -- TTM $1,474 $1,686 $1,835 $ 1,966 $ 2,113 43% Electronics and other general merchandise -- TTM % of WW net sales 23% 24% 25% 26% 26% N/A Other $ 25 $ 59 $ 47 $ 51 $ 54 123% Other -- TTM $ 113 $ 133 $ 156 $ 181 $ 211 88%Balance SheetCash and marketable securities $1,185 $1,779 $1,151 $ 1,325 $ 1,419 20%Inventory, net -- ending $ 357 $ 480 $ 403 $ 383 $ 456 28%Inventory -- average inventory % of TTM net sales 4.6% 4.9% 5.0% 5.0% 5.2% N/AInventory turnover, average -- TTM 16.6 15.7 15.5 15.3 14.8 (11%)Fixed assets, net $ 227 $ 246 $ 245 $ 267 $ 322 42%Accounts payable days -- ending 57 53 44 51 58 1%OtherEmployees (full-time and part-time; excludes contractors & temporary personnel) 8,800 9,000 9,400 10,200 11,100 27%----------------------------------------------------------------------Note: The attached "Financial and Operational Summary" is an integralpart of this Supplemental Financial Information and Business Metrics.(1) As previously announced in August 2005, the Company settled apatent lawsuit on terms including a previously unanticipated one-timepayment of $40 million in Q3 2005, which negatively impacted Q3 2005operating cash flow, free cash flow and operating income by $40million and net income by $20 million after tax.(2) Q4 2004 net income includes a $244 million benefit fromrealizing a deferred tax asset related primarily to net operating losscarryforwards attributable to continuing operations; 2005 net incomeincludes a $56 million tax expense for Q1 2005, a $56 million taxexpense for Q2 2005, and a $21 million tax expense for Q3 2005,primarily due to taxable income resulting from the transfer of certainoperating assets from U.S. to international locations.</pre><pre> Amazon.com, Inc. Financial and Operational Summary (unaudited)</pre><p>Quarterly Results of Operations (comparisons are with the equivalent period of the prior year, unless otherwise stated)</p><pre> Net Sales-- Shipping revenue was $112 million, up 30% from $87 million.-- Amounts paid in advance for subscription services, including amounts received from online DVD rentals, Amazon Prime, and other membership programs, are deferred and classified in "Unearned revenue" on our balance sheets and recognized as revenue over the subscription term.-- Amounts earned from third-party sales on our websites are recorded as net amounts. Cost of Sales-- Cost of sales consists of the purchase price of products sold by us, inbound and outbound shipping charges, packaging supplies, and service costs such as those incurred in operating and staffing our fulfillment and customer service centers on behalf of third-party sellers, and amortization of our DVD rental library.-- Outbound shipping-related costs totaled $159 million, up 25% from $128 million. Net shipping loss was $47 million, up 15% from a net shipping loss of $41 million, resulting primarily from our free shipping offers and Amazon Prime. Operating Expenses-- Fixed assets include assets such as furniture and fixtures, heavy equipment, technology infrastructure, internal-use software and website development, and our DVD rental library. Depreciation expense is generally classified within the corresponding operating expense categories on the consolidated statements of operations, and certain assets, such as our DVD rental library, are amortized to "Cost of sales." Depreciation expense for fixed assets, including amortization of internal-use software and website development, was $29 million, up from $19 million, and is classified within the corresponding operating expense categories.-- Stock-based compensation increased $17 million to $26 million. We chose to early-adopt SFAS 123(R), the new accounting rules on stock-based compensation, effective January 1, 2005. Stock-based compensation would have been $30 million, under our prior accounting method, up $21 million versus Q3 2004.-- In accordance with SAB 107, issued March 2005, we present stock-based compensation within the same operating expense line items as cash compensation.-- Operating expenses with and without stock-based compensation are as follows:</pre><pre> Q3 2005 Q3 2004 -------------------------- -------------------------- As Stock-Based As Stock-Based Reported Compensation Net Reported Compensation Net -------- ----------------- -------- -----------------Operating Expenses: Fulfillment $171 $ (5) $166 $138 $(2) $136 Marketing 44 (2) 42 34 - 34 Technology and content 121 (13) 108 69 (4) 65 General and administrative 32 (6) 26 29 (3) 26 Other operating expense (income) 40 - 40 5 - 5 ---- ----- ---- ---- --- ---- Total operating expenses $408 $ (26) $382 $275 $(9) $266 ==== ===== ==== ==== === ====Year-over-year Percentage Growth: Fulfillment 24 % 23 % 23 % 27 % Marketing 28 23 13 19 Technology and content 74 66 5 21 General and administrative 12 1 13 16Percent of Net Sales: Fulfillment 9.2 % 8.9 % 9.4 % 9.3 % Marketing 2.4 2.3 2.4 2.3 Technology and content 6.5 5.8 4.7 4.4 General and administrative 1.7 1.4 2.0 1.8</pre><pre> Fulfillment-- Fulfillment costs include those costs incurred in operating and staffing our fulfillment and customer service centers, including costs attributable to buying, receiving, inspecting, and warehousing inventories; picking, packaging and preparing customer orders for shipment; credit card fees and bad debt costs, including costs associated with our guarantee of certain third-party seller transactions. Fulfillment costs also include amounts paid to third parties, who assist us in fulfillment and customer service operations.-- Credit card fees associated with third-party seller transactions are assessed on the gross purchase price of underlying transactions, and therefore represent a larger percentage of our recorded net revenue on these transactions than credit card fees for our retail sales transactions. Bad debt costs, including costs associated with our guarantee program, are also higher as a percentage of recorded net revenue versus our retail sales. Accordingly, as third-party sales increase, credit card fees and bad debt costs on these sales will negatively affect fulfillment costs as a percentage of net sales.-- Fulfillment costs increased in absolute dollars from the prior year primarily due to variable costs corresponding with sales and inventory volumes, our mix of product sales, costs associated with credit card fees, bad debt costs, including costs of our guarantee of certain third-party seller transactions. We expanded our fulfillment capacity in 2005 through gains in efficiencies as well as increases in leased warehouse space. We plan to continue expanding our worldwide fulfillment capacity in order to accommodate greater selection and meet anticipated shipment volumes from sales of our own products as well as sales by third parties where we provide the fulfillment. We expect absolute amounts spent in fulfillment and fulfillment-related cost of sales to increase over time. Marketing-- Marketing efforts include targeted online marketing channels, such as our Associates and Syndicated Stores programs, sponsored search, portal advertising, e-mail campaigns, and other initiatives. Our marketing expenses are largely variable, based on growth in sales and changes in rates. To the extent there is increased or decreased competition for these traffic sources, or to the extent our mix of these channels shifts, we would expect to see a corresponding change in our marketing expense. While costs associated with free shipping are not included in marketing expense, we view our free shipping offers as an effective worldwide marketing tool and intend to continue offering them indefinitely. We expect absolute amounts spent in marketing to increase over time. Technology and Content-- Technology and content expenses consist principally of payroll and related expenses for employees involved in development of our websites, including application development, editorial content, merchandising selection and systems, and telecommunications support; and costs associated with the systems and telecommunications infrastructure.-- Our spending in technology and content has primarily increased as we are adding computer scientists and software engineers to continue to enhance the customer experience on our websites and those websites powered by us, and to improve our process efficiency. Additionally, we continue to invest in several areas of technology, including seller platforms, search, web services, and digital initiatives. As we have done throughout the year, we intend to continue investing in areas of technology and content, and expect absolute dollars spent in technology and content to increase over time as we continue to add computer scientists and software engineers to our staff.-- A significant majority of our technology costs are incurred in the U.S. and most of them are allocated to our North America segment.-- We expense costs related to the development of internal-use software and website development other than those incurred during the application development stage. Costs incurred during the application development stage are capitalized and amortized over the two-year estimated useful life of the software. We capitalized $25 million of internal-use software and website development costs, including $3 million associated with stock-based compensation, which is excluded from purchases of fixed assets on our consolidated statements of cash flows since it is stock based rather than cash, compared with $12 million a year ago. These amounts were partially offset by amortization of previously capitalized amounts of $14 million and $8 million. General and Administrative-- General and administrative costs increased primarily due to payroll and related expenses, professional fees, and legal costs, offset by a $12 million benefit for actual and expected reimbursement by an insurer of certain legal costs previously incurred by us. We expect absolute dollars spent in general and administrative to increase over time. Stock-Based Compensation-- Prior to January 1, 2005, we accounted for stock-based awards under the intrinsic value method, which resulted in compensation expense for restricted stock and restricted stock units at grant date fair value based on the number of shares granted and the quoted price of our common stock, and for stock options to the extent option exercise prices were set below market prices on the date of grant. Also, stock-based awards subject to an exchange offer, other modifications, or performance criteria, were subject to variable accounting treatment.-- As of January 1, 2005, we adopted SFAS 123(R), which requires measurement of compensation cost for stock-based awards at grant date fair value. The fair value of restricted stock and restricted stock units is determined based on the number of shares granted and the quoted price of our common stock, while the fair value of stock options is determined using a Black-Scholes valuation model. The fair value is recognized as an expense over the service period, net of estimated forfeitures, using the accelerated method under SFAS 123(R). Because we implemented SFAS 123(R), we no longer have stock awards subject to variable accounting treatment.-- Prior to our adoption of SFAS 123(R), cash retained as a result of excess tax deductions relating to stock-based compensation was presented in operating cash flows, along with other tax cash flows. SFAS 123(R) requires benefits relating to excess stock-based compensation deductions to be presented as financing cash inflows. Tax benefits resulting from stock-based compensation deductions in excess of amounts reported for financial reporting purposes were $2 million.-- Stock-based awards generally vest over service periods of between two and five years.-- Payroll tax expense resulting from exercises of stock-based awards is a cash expense and is not categorized as stock-based compensation.-- We granted stock awards, substantially all of which have been restricted stock units since October 2002, of 1 million shares at a per-share weighted-average fair value of $40. Our annual stock awards are granted in the second quarter.-- At September 30, 2005, there were 438 million common shares and stock-based awards outstanding, up 1% from 434 million at September 30, 2004. This total includes all stock-based awards outstanding, without regard for estimated forfeitures, consisting of vested and unvested awards, and in-the-money and out-of-the-money stock options.-- At September 30, 2005, there were 24 million stock awards outstanding, consisting of 14 million stock options with a $14 weighted-average exercise price and 10 million restricted stock units. At September 30, 2004 there were 27 million stock awards outstanding. Other Operating Expense (Income)-- We settled a patent lawsuit on terms including a previously unanticipated one-time payment of $40 million in Q3 2005 that was recorded to "Other operating expense (income)" on the consolidated statements of operations. Operating cash flow, free cash flow, operating income, and net income were negatively impacted by this legal settlement, as follows:</pre><pre> Q3 2005 ------------------------------------------------- Operating Cash Free Cash Operating Net Flow (TTM) Flow (TTM) Income Income ------------------------------------------------- As reported $ 661 $ 475 $ 55 $30 Legal settlement 40 40 40 20 ------- ------- ---- --- Adjusted $ 701 $ 515 $ 95 $50 ======= ======= ==== ===</pre><pre>-- Included in "Other operating expense (income)" are amortization of intangibles and restructuring-related expenses or credits.-- We acquired certain companies during the three quarters ended September 30, 2005, for an aggregate cash purchase price of $29 million. The excess of purchase price over the fair value of the net assets acquired was $19 million and is classified as "Goodwill" on our consolidated balance sheets. Acquired other intangibles totaled $10 million and have estimated useful lives of between one and three years. The results of operations of each of the acquired businesses have been included in our consolidated results as of the closing date of acquisition. The effect of these acquisitions on consolidated net sales and operating income was not significant for Q3 2005. Remeasurements and Other-- We realized a $4 million gain primarily associated with the sale of certain equity investments.-- Remeasurement of the principal amount of our 6.875% PEACS from euros to U.S. dollars resulted in a foreign-currency gain of $4 million, compared with a loss of $16 million.-- Remeasurement of foreign-currency intercompany balances that are to be repaid among subsidiaries represented a $2 million loss, compared with a gain of $7 million.-- The remeasurement of our 6.875% PEACS and intercompany balances can result in significant gains and charges associated with the effect of movements in currency exchange rates. Income Taxes and Deferred Tax Assets-- Our tax provision for interim periods is determined using an estimate of the annual effective tax rate, with the cumulative effect of a change to the estimated annual rate being recorded in the interim period such a change is made. The Q3 2005 tax provision includes a cumulative adjustment benefit of $4 million to reflect our current estimate of our annual effective tax rate of 50%.-- Our effective tax rate for Q3 2005 and for the three quarters ended September 30, 2005, remains higher than the 35% statutory rate associated with taxable income resulting from the Q1 2005 transfer of certain operating assets from the U.S. to international locations. We expect these asset transfers to result in tax expense for financial reporting purposes above the statutory rate throughout 2005. Since we have Net Operating Losses ("NOLs") these asset transfers will not have a significant effect on cash taxes paid in 2005, which we expect to be approximately $25 million compared with $4 million in 2004. Cash paid for income taxes was $6 million and $2 million in Q3 2005 and Q3 2004, and for the three quarters ended September 30, 2005 and 2004 was $11 million and $3 million.-- SFAS 109 requires that deferred tax assets be evaluated for future realization and reduced by a valuation allowance to the extent we believe a portion will not be realized. We consider many factors when assessing the likelihood of future realization of our deferred tax assets, including our recent cumulative earnings experience by taxing jurisdiction, expectations of future taxable income, the carry-forward periods available to us for tax reporting purposes, and other relevant factors. Significant judgment is required in making this assessment, and it is very difficult to predict when, if ever, our assessment may conclude that the remaining portion of our deferred tax assets is realizable.-- At September 30, 2005, approximately $720 million of our gross deferred tax assets were related to approximately $2.3 billion of NOLs, the majority of which expire after 2016. Our NOL deferred tax assets are reduced by a valuation allowance of approximately $510 million due to uncertainty about their future realization. The remainder of our deferred tax assets relate to temporary timing differences between tax and financial reporting.-- Substantially all of the unrealized $510 million NOL deferred tax assets, if realized, would be credited to "Stockholders' equity" rather than results of operations for financial reporting purposes since they primarily relate to tax-deductible stock-based compensation in excess of amounts recognized for financial reporting purposes.-- Classification of deferred tax assets between current and long-term asset categories is based on the expected timing of realization, and the valuation allowance is allocated ratably. Foreign Exchange-- Our financial reporting currency is the U.S. dollar and changes in exchange rates significantly affect our reported results and consolidated trends. For example, during Q3 2005 our consolidated revenue and operating income were negatively affected by the strengthening of the U.S. Dollar in comparison to the currencies of internationally focused websites, but our consolidated revenue and operating income from Q2 2002 through Q2 2005 have benefited from weakness in the U.S. dollar in comparison to the same currencies.-- The effect on our consolidated statements of operations from year-over-year changes in exchange rates versus the U.S. dollar throughout the period is as follows:</pre><pre> Q3 2005 Q3 2004 ------------------------- ------------------------ At At Prior Exchange Prior Exchange Year Rate Year Rate Rates Effect As Rates Effect As (1) (2) Reported (1) (2) Reported ------- -------- -------- ------- -------- -------- (in millions, except per share amounts)Net sales $1,865 $ (7) $1,858 $1,406 $ 57 $1,463Gross profit 464 (1) 463 344 12 356Operating expenses 408 - 408 282 (7) 275Income from operations 56 (1) 55 77 4 81Net interest expense and other (10) - (10) (18) (1) (19)Remeasurements and other (3) 4 2 6 1 (6) (5)Net income 29 1 30 57 (3) 54Diluted earnings per share $ 0.07 $ - $ 0.07 $ 0.13 $ - $ 0.13(1) Represents the outcome that would have resulted had currency exchange rates in the current period been the same as those in effect in the comparable prior year period for operating results, and if we did not incur the variability associated with remeasurements for our 6.875% PEACS and intercompany balances.(2) Represents the increase (decrease) in reported amounts resulting from changes in exchange rates from those in effect in the comparable prior year period for operating results, and if we did not incur the variability associated with remeasurements for our 6.875% PEACS and intercompany balances.(3) Includes foreign-currency gains (losses) on remeasurement of 6.875% PEACS and intercompany balances compared to prior quarter, and realized currency-related gains associated with sales of euro-denominated investments held by a U.S. subsidiary.</pre><pre> Cash Flows and Balance Sheet-- Operating cash flows and free cash flows can be volatile and are sensitive to many factors, including changes in working capital and timing of capital expenditures. Working capital at any specific point in time is subject to many variables, including seasonality, the timing of expense payments, discounts offered by vendors, vendor payment terms, and fluctuations in foreign exchange rates.-- Our cash, cash equivalents, and marketable securities of $1.4 billion, at fair value, primarily consist of cash, investment grade securities, and AAA-rated money market mutual funds. Included are amounts held in foreign currencies of $687 million, primarily in euros, British pounds, and yen.-- We have pledged $79 million of our cash and marketable securities as collateral primarily for standby letters of credit and real estate leases, compared with $76 million as of September 30, 2004.-- "Accounts receivable, net and other current assets" includes accounts receivable from merchant partners, vendors and credit card companies, interest receivables, and $20 million of prepaid expenses.-- "Other assets" includes, among other things, $13 million of deferred issuance costs on long-term debt, $9 million of certain equity investments, and $13 million of other intangibles, net.-- "Unearned revenue" is recorded when payments are received from third parties or customers in advance of our providing the associated service.-- Amounts related to restructuring-related leases and other commitments due within twelve months are $4 million and are included in "Accrued expenses and other current liabilities," and the remaining $5 million is included in "Long-term debt and other" on our balance sheet. These amounts are net of anticipated sublease income of $6 million.-- "Accrued expenses and other current liabilities" includes, among other things, liabilities for gift certificates, professional fees, marketing activities, and workforce costs, including accrued payroll, vacation, and other benefits.-- "Long-term debt and other" primarily includes the following (in millions):</pre><pre> Principal Interest Principal at Maturity Rate Due Date -------------------------------------- Convertible Subordinated Notes. $ 900 (1) 4.750% February 2009 Premium Adjustable Convertible Securities ("PEACS").......... 589 (2) 6.875% February 2010 ----------- $ 1,489 (3) ===========(1) Convertible at the holders' option into our common stock at $78.0275 per share. We have the right to redeem the Convertible Subordinated Notes, in whole or in part, at a redemption price of 101.9% of the principal, which decreases every February 1 by 47.5 basis points until maturity, plus any accrued and unpaid interest.(2) EUR 490 million principal amount, convertible at the holders' option into our common stock at EUR 84.883 per share ($102 per share based on the euro/U.S. dollar exchange rate as of September 30, 2005). We have the right to redeem the PEACS, in whole or in part, by paying the principal amount, plus any accrued and unpaid interest. We do not hedge any portion of the PEACS. The U.S. dollar equivalent principal, interest, and conversion price fluctuates based on the euro/U.S. dollar exchange ratio. Due to fluctuations in this exchange ratio, our principal debt obligation since issuance in February 2000 has increased by $106 million as of September 30, 2005.(3) The "if converted" number of shares associated with our convertible debt instruments (approximately 17 million total shares) is excluded from diluted shares as their effect is antidilutive.</pre><p>Certain Definitions and Other-- We present segment information along two lines: North America and International. We measure operating results of our segments using an internal performance measure of direct segment operating expenses that excludes stock-based compensation and other operating expenses (income), each of which is not allocated to segment results. Other centrally incurred operating costs are fully allocated to segment results. Our operating results, particularly for the International segment, are affected by movements in foreign exchange rates.-- The North America segment consists of amounts earned from retail sales of consumer products (including from third-party sellers) and subscriptions through North America-focused websites such as www.amazon.com and www.amazon.ca; from North America-focused Syndicated Stores, such as www.cdnow.com; from our mail-order tool catalog phone orders; from our Amazon Prime membership program; and from non-retail activities such as North America-focused Amazon Services' Merchant.com, marketing, and promotional agreements. This segment includes export sales from www.amazon.com and www.amazon.ca.-- The International segment consists of amounts earned from retail sales of consumer products (including from third-party sellers) and subscriptions through internationally focused websites such as www.amazon.co.uk, www.amazon.de, www.amazon.co.jp, www.amazon.fr, and since September 2004, www.joyo.com; from internationally focused Syndicated Stores; from our DVD rental service and from non-retail activities such as internationally focused marketing and promotional agreements. This segment includes export sales from these internationally based sites (including export sales from these sites to customers in the U.S. and Canada), but excludes export sales from www.amazon.com and www.amazon.ca.-- We provide supplemental sales information within each segment for three categories: "Media," "Electronics and other general merchandise," and "Other." Media consists of amounts earned from DVD rental and retail sales from all sellers of books, music, DVD/video, magazine subscriptions, software, video games, and video-game consoles. Electronics and other general merchandise consists of amounts earned from retail sales from all sellers of items not included in Media, such as electronics and office, camera and photo, toys and baby, tools, home and garden, apparel, sports and outdoors, kitchen and housewares, gourmet food, jewelry, health and personal care, beauty, and musical instruments. The Other category consists of non retail activities, such as the Merchant.com program and miscellaneous marketing and promotional activities, such as our co-branded credit card program.-- Operating cash flow is net cash provided by (used in) operating activities, including cash outflows for interest and excluding proceeds from the exercise of stock-based employee awards. Free cash flow is operating cash flow less cash outflows for purchases of fixed assets, including internal-use software and website development.-- Operating cycle is number of days of sales in inventory plus number of days of sales in accounts receivable minus accounts payable days. Accounts payable days are calculated as the quotient of accounts payable to cost of sales, multiplied by the number of days in the period. Inventory turns are calculated as the quotient of cost of sales to average inventory over five quarter ends.-- References to customers mean customer accounts, which are unique e-mail addresses, established either when a customer's initial order is shipped or when a customer orders from certain third-party sellers on our websites. Customer accounts include customers of Amazon Marketplace, Auctions and zShops, and our Merchants@, Syndicated Stores programs, but exclude DVD rental customers, customers associated with certain of our acquisitions (including Joyo.com customers), Amazon Services' Merchant.com program customers, Amazon.com Payments customers, our catalog customers, and the customers of select companies with whom we have a technology alliance or marketing and promotional relationship. A customer is considered active when they have placed an order during the preceding twelve-month period.-- References to sellers or merchants mean active seller accounts, which are established when a seller receives an order from a customer account. Seller accounts include sellers in Amazon Marketplace, Auctions, zShops, and Merchants@ platforms, but exclude Amazon Services' Merchant.com sellers. A seller is considered active when they have received an order during the preceding twelve-month period.-- References to units mean units sold (net of returns and cancellations) by us and third-party sellers at Amazon.com domains worldwide -- such as www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.co.jp, www.amazon.fr, and www.amazon.ca -- and at Syndicated Stores domains, as well as Amazon.com-owned items sold through catalogs and at non-Amazon.com domains, such as books, music, and DVD/video items ordered from Amazon.com's store at www.target.com. Units sold do not include units associated with certain of our acquisitions (including Joyo.com units), Amazon.com gift certificates or DVD rentals.</p><p>CONTACT: Amazon.com Investor RelationsTim Stone, 206-266-2171ir@amazon.comwww.amazon.com/irorAmazon.com Public RelationsPatty Smith, 206-266-7180SOURCE: Amazon.com, Inc.</p> |
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Amazon To Open Software Development Centre In Chennai, India | /news/news-details/2005/Amazon-To-Open-Software-Development-Centre-In-Chennai-India/default.aspx | Amazon-To-Open-Software-Development-Centre-In-Chennai-India | 4,567 | 10/21/2005 00:00:00 | Amazon To Open Software Development Centre In Chennai, India | 10/21/2005 | 2005 | Chennai, India - October 21, 2005 - Amazon.com, Inc. (NASDAQ: AMZN) today announced that it will open a software development centre in Chennai, India. The Amazon Development Centre in Chennai will focus on developing new and innovative web site features to help Amazon's customers around the world find and discover anything they want to buy online.The Amazon Development Centre in Chennai will manage all technology aspects of the web site features developed at this location. This ownership includes idea generation, analysis and technical design, as well as front, middle and back-tier software development across a variety of architectures and technologies.The new centre in Chennai is looking for exceptional computer scientists and software engineers with entrepreneurial spirit to join the new team. Amazon employees from both the United States and India will interview candidates for positions at the new center beginning November 14 in Chennai. Interested candidates can request an interview by applying online at india.amazon.com.In its search for world-class technical talent, the Amazon Development Centre in Chennai is interested in outstanding professionals with more than three years of industry experience in C++ or Java who are ready for a bigger and more challenging role. Backgrounds in distributed system architecture, large-scale web sites, machine learning, statistics or human / computer interface will be of benefit. Candidates should have experience designing and building complex yet maintainable systems, and should be able to do so in about one-third the time most competent people think possible. Successful candidates will receive meaningful equity compensation.Specific roles available now include Operations Manager, Software Developer, IT Manager, and Manager of Office and Facilities. Candidates interested in finding out more about the opportunities available at the Amazon Development Centre in Chennai should log onto india.amazon.com.Chennai will be the fourth Amazon.com international software development centre. Amazon.com also has centres in Edinburgh, Scotland; Cape Town, South Africa; and Bangalore, India.
About Amazon.comAmazon.com (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward Looking StatementThis announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
For more information:India: Anuroopa Pereira, Text100 Public Relations91 80 22291914/3946/42284/39005; anuroopap@text100.co.in
U.S.: Amazon.com Media Relations, 206-266-7180, www.amazon.com/pr | <p>Chennai, India - October 21, 2005 - Amazon.com, Inc. (NASDAQ: AMZN) today announced that it will open a software development centre in Chennai, India. The Amazon Development Centre in Chennai will focus on developing new and innovative web site features to help Amazon's customers around the world find and discover anything they want to buy online.The Amazon Development Centre in Chennai will manage all technology aspects of the web site features developed at this location. This ownership includes idea generation, analysis and technical design, as well as front, middle and back-tier software development across a variety of architectures and technologies.The new centre in Chennai is looking for exceptional computer scientists and software engineers with entrepreneurial spirit to join the new team. Amazon employees from both the United States and India will interview candidates for positions at the new center beginning November 14 in Chennai. Interested candidates can request an interview by applying online at india.amazon.com.In its search for world-class technical talent, the Amazon Development Centre in Chennai is interested in outstanding professionals with more than three years of industry experience in C++ or Java who are ready for a bigger and more challenging role. Backgrounds in distributed system architecture, large-scale web sites, machine learning, statistics or human / computer interface will be of benefit. Candidates should have experience designing and building complex yet maintainable systems, and should be able to do so in about one-third the time most competent people think possible. Successful candidates will receive meaningful equity compensation.Specific roles available now include Operations Manager, Software Developer, IT Manager, and Manager of Office and Facilities. Candidates interested in finding out more about the opportunities available at the Amazon Development Centre in Chennai should log onto india.amazon.com.Chennai will be the fourth Amazon.com international software development centre. Amazon.com also has centres in Edinburgh, Scotland; Cape Town, South Africa; and Bangalore, India.</p><p>About Amazon.comAmazon.com (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward Looking StatementThis announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>For more information:India: Anuroopa Pereira, Text100 Public Relations91 80 22291914/3946/42284/39005; anuroopap@text100.co.in</p><p>U.S.: Amazon.com Media Relations, 206-266-7180, www.amazon.com/pr</p> |
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Amazon.com Premieres Never-Before-Seen Footage of Epic Springsteen Performance | /news/news-details/2005/Amazon.com-Premieres-Never-Before-Seen-Footage-of-Epic-Springsteen-Performance/default.aspx | Amazon.com-Premieres-Never-Before-Seen-Footage-of-Epic-Springsteen-Performance | 4,570 | 10/17/2005 09:02:00 | Amazon.com Premieres Never-Before-Seen Footage of Epic Springsteen Performance | 10/17/2005 | 2005 | First-Ever Video of Bruce Springsteen and the E Street Band's 1975 Hammersmith Odeon, London, Concert Unveiled Today at Amazon.com; Footage Excerpted from "Born to Run 30th Anniversary Edition" Box Set, to Be Released November 15
SEATTLE, Oct 17, 2005 (BUSINESS WIRE) -- Amazon.com (Nasdaq:AMZN): First-Ever Video of Bruce Springsteen and the E Street Band's 1975 Hammersmith Odeon, London, Concert Unveiled Today at Amazon.com; Footage Excerpted from "Born to Run 30th Anniversary Edition" Box Set, to Be Released November 15
Amazon.com (Nasdaq:AMZN) premiered video footage today from the highly anticipated "Born to Run 30th Anniversary" box set, offering customers an exclusive chance to view the first footage ever released of Bruce Springsteen and the E Street Band's renowned 1975 concert at London's Hammersmith Odeon. For one week, starting today, video of the band's electrifying performance of "Born to Run" can be seen exclusively at Amazon.com via the Amazon welcome page (www.amazon.com) or at www.amazon.com/springsteen.
Personally supervised by Bruce Springsteen and his longtime manager Jon Landau, the "Born to Run 30th Anniversary" box set includes "Hammersmith Odeon, London '75," an exhilarating film of Bruce Springsteen and the E Street Band's legendary 1975 concert at London's Hammersmith Odeon; a new documentary film, "Wings for Wheels: The Making of Born to Run;" the classic album in remastered CD form; and a 48-page booklet of previously unpublished photographs with an introduction penned by Springsteen.
Widely regarded as one of the cornerstone albums in rock and roll history, "Born to Run" has been recognized by many international polls as one of the greatest albums of all time, and has sold more than 8 million copies worldwide.
"Bruce Springsteen is one of the all-time bestselling musicians on Amazon.com, and 'Born to Run' is regarded by many to be one of the greatest songs -- from one of the greatest albums -- of all time," said Jeff Belle, Amazon.com's vice president of worldwide media buying. "We're thrilled we can delight our customers with this exclusive look at never-before-seen footage of one of Springsteen's most legendary performances."
"The 30th anniversary of 'Born to Run' is a landmark moment in the history of popular culture," commented Don Ienner, president and CEO, Sony Music Label Group U.S. "From brilliant songwriting to spectacular performances, this incredible album set new standards of excellence in popular music, and in the process established Bruce Springsteen as a true rock icon. As part of our celebration of Bruce's undeniable genius and uncompromising vision, we're happy to be working with Amazon to give fans a special preview of the legendary 1975 concert at London's Hammersmith Odeon."
In addition to enjoying the "Born to Run" concert footage, customers who pre-order the "Born to Run 30th Anniversary Edition" box set at www.amazon.com will gain immediate access to a free, 18-minute digital stream of footage from the documentary "Wings for Wheels: The Making of Born to Run."
The "Born to Run 30th Anniversary Edition" box set will be released on November 15. The set is available for advance order at www.amazon.com for $29.99, a savings of 25 percent.
About Amazon.com
Amazon.com (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer customers the lowest possible prices. Amazon.com and third-party sellers offer millions of unique new, refurbished, and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail websites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.co.jp, www.amazon.fr, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward-Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
SOURCE: Amazon.com
Amazon.com Media RelationsKristin Mariani, 206-266-7180 | <p>First-Ever Video of Bruce Springsteen and the E Street Band's 1975 Hammersmith Odeon, London, Concert Unveiled Today at Amazon.com; Footage Excerpted from "Born to Run 30th Anniversary Edition" Box Set, to Be Released November 15</p><p>SEATTLE, Oct 17, 2005 (BUSINESS WIRE) -- Amazon.com (Nasdaq:AMZN): First-Ever Video of Bruce Springsteen and the E Street Band's 1975 Hammersmith Odeon, London, Concert Unveiled Today at Amazon.com; Footage Excerpted from "Born to Run 30th Anniversary Edition" Box Set, to Be Released November 15</p><p>Amazon.com (Nasdaq:AMZN) premiered video footage today from the highly anticipated "Born to Run 30th Anniversary" box set, offering customers an exclusive chance to view the first footage ever released of Bruce Springsteen and the E Street Band's renowned 1975 concert at London's Hammersmith Odeon. For one week, starting today, video of the band's electrifying performance of "Born to Run" can be seen exclusively at Amazon.com via the Amazon welcome page (www.amazon.com) or at www.amazon.com/springsteen.</p><p>Personally supervised by Bruce Springsteen and his longtime manager Jon Landau, the "Born to Run 30th Anniversary" box set includes "Hammersmith Odeon, London '75," an exhilarating film of Bruce Springsteen and the E Street Band's legendary 1975 concert at London's Hammersmith Odeon; a new documentary film, "Wings for Wheels: The Making of Born to Run;" the classic album in remastered CD form; and a 48-page booklet of previously unpublished photographs with an introduction penned by Springsteen.</p><p>Widely regarded as one of the cornerstone albums in rock and roll history, "Born to Run" has been recognized by many international polls as one of the greatest albums of all time, and has sold more than 8 million copies worldwide.</p><p>"Bruce Springsteen is one of the all-time bestselling musicians on Amazon.com, and 'Born to Run' is regarded by many to be one of the greatest songs -- from one of the greatest albums -- of all time," said Jeff Belle, Amazon.com's vice president of worldwide media buying. "We're thrilled we can delight our customers with this exclusive look at never-before-seen footage of one of Springsteen's most legendary performances."</p><p>"The 30th anniversary of 'Born to Run' is a landmark moment in the history of popular culture," commented Don Ienner, president and CEO, Sony Music Label Group U.S. "From brilliant songwriting to spectacular performances, this incredible album set new standards of excellence in popular music, and in the process established Bruce Springsteen as a true rock icon. As part of our celebration of Bruce's undeniable genius and uncompromising vision, we're happy to be working with Amazon to give fans a special preview of the legendary 1975 concert at London's Hammersmith Odeon."</p><p>In addition to enjoying the "Born to Run" concert footage, customers who pre-order the "Born to Run 30th Anniversary Edition" box set at www.amazon.com will gain immediate access to a free, 18-minute digital stream of footage from the documentary "Wings for Wheels: The Making of Born to Run."</p><p>The "Born to Run 30th Anniversary Edition" box set will be released on November 15. The set is available for advance order at www.amazon.com for $29.99, a savings of 25 percent.</p><p>About Amazon.com</p><p>Amazon.com (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer customers the lowest possible prices. Amazon.com and third-party sellers offer millions of unique new, refurbished, and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven retail websites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.co.jp, www.amazon.fr, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward-Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>SOURCE: Amazon.com</p><p>Amazon.com Media RelationsKristin Mariani, 206-266-7180</p> |
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Amazon.com to Webcast Third Quarter 2005 Financial Results Conference Call | /news/news-details/2005/Amazon.com-to-Webcast-Third-Quarter-2005-Financial-Results-Conference-Call/default.aspx | Amazon.com-to-Webcast-Third-Quarter-2005-Financial-Results-Conference-Call | 4,571 | 10/14/2005 16:01:00 | Amazon.com to Webcast Third Quarter 2005 Financial Results Conference Call | 10/14/2005 | 2005 | SEATTLE--(BUSINESS WIRE)--Oct. 14, 2005--Amazon.com, Inc. (Nasdaq:AMZN) announced today that it will hold a conference call to discuss its third quarter 2005 financial results on October 25, 2005, at 2:00 p.m. PT/5:00 p.m. ET.
The event will be webcast live, and the audio and associated slides will be available for at least three months thereafter, at www.amazon.com/ir.
CONTACT: Amazon.com Media RelationsPatty Smith, 206-266-7180SOURCE: Amazon.com | <p>SEATTLE--(BUSINESS WIRE)--Oct. 14, 2005--Amazon.com, Inc. (Nasdaq:AMZN) announced today that it will hold a conference call to discuss its third quarter 2005 financial results on October 25, 2005, at 2:00 p.m. PT/5:00 p.m. ET.</p><p>The event will be webcast live, and the audio and associated slides will be available for at least three months thereafter, at www.amazon.com/ir.</p><p>CONTACT: Amazon.com Media RelationsPatty Smith, 206-266-7180SOURCE: Amazon.com</p> |
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Amazon.com Names Nonprofit Innovation Award Winner; DonorsChoose Earns Matching Grant from Amazon.com Raising More than $1.5 Million | /news/news-details/2005/Amazon.com-Names-Nonprofit-Innovation-Award-Winner-DonorsChoose-Earns-Matching-Grant-from-Amazon.com-Raising-More-than-1.5-Million/default.aspx | Amazon.com-Names-Nonprofit-Innovation-Award-Winner-DonorsChoose-Earns-Matching-Grant-from-Amazon.com-Raising-More-than-1.5-Million | 4,573 | 10/12/2005 07:01:00 | Amazon.com Names Nonprofit Innovation Award Winner; DonorsChoose Earns Matching Grant from Amazon.com Raising More than $1.5 Million | 10/12/2005 | 2005 | SEATTLE--(BUSINESS WIRE)--Oct. 12, 2005--Amazon.com, Inc. (NASDAQ:AMZN) today named DonorsChoose the winner of the Amazon.com Nonprofit Innovation Award. As one of ten finalists for the Nonprofit Innovation Award, DonorsChoose generated more than $790,000 in online donations at Amazon.com. As the winner, DonorsChoose will receive a matching grant from Amazon.com, bringing the organization's total earnings to more than $1.5 million.
Each of the ten finalists will keep the monies raised via Amazon.com's web site. The total amount contributed to the finalists by individuals exceeded $1.66 million.
"DonorsChoose is exactly what we set out to find -- a genuine and practical invention in philanthropy," said Jeff Bezos, founder and CEO of Amazon.com. "Amazon customers voted with their wallets, and contributed more than $790,000 to DonorsChoose -- a gift that we're delighted to match."
Based in New York City, DonorsChoose is a simple way to provide students all across the country with resources often lacking in public schools. At this not-for-profit web site, (www.donorschoose.org) teachers submit project proposals for materials or experiences their students need to learn. These ideas become classroom reality when concerned individuals choose projects to fund.
"We are humbled and thrilled to be named the winner of the Amazon.com Nonprofit Innovation Award," said Charles Best, founder of DonorsChoose. "Our web site connects individual donors to classrooms in need, and with the proceeds earned through the Nonprofit Innovation Award, we'll be able to help tens of thousands of additional students."
The Amazon.com Nonprofit Innovation Award is also enabling DonorsChoose to reach out to public schools along the Gulf Coast region of the United States. By mid-November, classroom needs from regions impacted by Hurricane Katrina will be posted at DonorsChoose.org. "This award makes it possible for contributors to participate in relief efforts in a tangible, transparent way," said Mr. Best.
Amazon.com created the Nonprofit Innovation Award in partnership with the Stanford Graduate School of Business Center for Social Innovation to recognize nonprofits whose innovative approaches most effectively improve their communities or the world at large.
"It's exciting to see this level of support for nonprofits via online contributions," said James A. Phills, Jr., co-director of the Center for Social Innovation at the Stanford Graduate School of Business. "I believe that this award program has made an important contribution by helping our finalists to broaden their base of support, and by raising public awareness of the power and potential of these innovative approaches to solving problems."
About the Nonprofit Innovation Award
Announced in February, 2005, the Amazon.com Nonprofit Innovation Award received almost 1,000 initial award submissions. The 10 finalists address a range of issues, and were selected by a panel of judges that included sports legend and humanitarian, Muhammad Ali; former United States Secretary of State, Dr. Henry Kissinger; Tea Leoni, actress and National Ambassador to the U.S. Fund for UNICEF, Jeff Bradach, managing partner and cofounder of leading U.S. nonprofit consulting firm the Bridgespan Group, James A. Phills, Jr, and Jeff Bezos. Customers contributed to their favorite finalist organization from July 19 through September 30, 2005.
The 10 finalists were:-- Appalachian Sustainable Development (Abingdon, VA) -- Appalachian Sustainable Development builds self-reliant, ecologically sustainable communities in Central Appalachia by providing training and market access for farmers and other limited-resource entrepreneurs, and by linking them to consumers.-- Community Voice Mail (Seattle, WA) -- Community Voice Mail provides free, 24-hour nationwide voice mail to people in crisis -- connecting them to jobs, housing and hope -- a deceptively simple concept with extraordinary impact.-- DonorsChoose (New York, NY) -- DonorsChoose is a marketplace where teachers and individuals connect to give at-risk students the resources they need to learn.-- EARN (San Francisco, CA) -- EARN offers breakthrough financial tools that open the door to economic opportunity for the working poor, providing a model for ending the cycle of poverty on a national and global scale.-- First Book (Washington, DC) -- First Book is a nationally recognized nonprofit that puts high-quality, new books into the hands of children from low-income families.-- KaBOOM! (Washington, DC) -- By bringing together community leaders, parents and volunteers, KaBOOM! seeks to create a great play space within walking distance of every child in America.-- KickStart (San Francisco, CA) -- KickStart provides a proven solution to poverty in Africa by focusing on economic empowerment rather than traditional aid.-- Pact, Inc.'s WORTH program (Washington, DC) -- Pact's WORTH program drives gender equality and women's economic empowerment worldwide through a unique combination of literacy training, women-owned village banks and micro-enterprise creation.-- PATH (Seattle, WA) -- PATH is a catalyst for global health, creating sustainable, culturally relevant solutions that enable communities worldwide to break longstanding cycles of poor health.-- Teach For America (New York, NY) -- Teach For America is the national corps of outstanding recent college graduates from all academic majors who fight educational inequity by teaching in urban and rural public schools and becoming lifelong leaders for change.About the Center for Social Innovation
The Stanford Graduate School of Business developed the Center for Social Innovation to build and strengthen the capacity of individuals and organizations to develop innovative solutions to social problem for a more just, sustainable and healthy world. The Center dissolves traditional sector boundaries by bringing together nonprofit leaders, corporate executives, government officials and philanthropists to discuss, debate, analyze and take action to strengthen communities. The center's core activities -- research, teaching and community engagement -- focus on many thematic areas including corporate social responsibility, social entrepreneurship, environmental sustainability, philanthropy, education, and nonprofit management. www.gsb.stanford.edu/csi/
About Amazon.com
Amazon.com (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
CONTACT: MWW Group for Amazon.comAllison Braley, 201-507-9500abraley@mww.comorStanford University Graduate School of BusinessCenter for Social InnovationKriss Deiglmeier, 650-725-9419Deiglmeier_kriss@gsb.stanford.eduSOURCE: Amazon.com, Inc. | <p>SEATTLE--(BUSINESS WIRE)--Oct. 12, 2005--Amazon.com, Inc. (NASDAQ:AMZN) today named DonorsChoose the winner of the Amazon.com Nonprofit Innovation Award. As one of ten finalists for the Nonprofit Innovation Award, DonorsChoose generated more than $790,000 in online donations at Amazon.com. As the winner, DonorsChoose will receive a matching grant from Amazon.com, bringing the organization's total earnings to more than $1.5 million.</p><p>Each of the ten finalists will keep the monies raised via Amazon.com's web site. The total amount contributed to the finalists by individuals exceeded $1.66 million.</p><p>"DonorsChoose is exactly what we set out to find -- a genuine and practical invention in philanthropy," said Jeff Bezos, founder and CEO of Amazon.com. "Amazon customers voted with their wallets, and contributed more than $790,000 to DonorsChoose -- a gift that we're delighted to match."</p><p>Based in New York City, DonorsChoose is a simple way to provide students all across the country with resources often lacking in public schools. At this not-for-profit web site, (www.donorschoose.org) teachers submit project proposals for materials or experiences their students need to learn. These ideas become classroom reality when concerned individuals choose projects to fund.</p><p>"We are humbled and thrilled to be named the winner of the Amazon.com Nonprofit Innovation Award," said Charles Best, founder of DonorsChoose. "Our web site connects individual donors to classrooms in need, and with the proceeds earned through the Nonprofit Innovation Award, we'll be able to help tens of thousands of additional students."</p><p>The Amazon.com Nonprofit Innovation Award is also enabling DonorsChoose to reach out to public schools along the Gulf Coast region of the United States. By mid-November, classroom needs from regions impacted by Hurricane Katrina will be posted at DonorsChoose.org. "This award makes it possible for contributors to participate in relief efforts in a tangible, transparent way," said Mr. Best.</p><p>Amazon.com created the Nonprofit Innovation Award in partnership with the Stanford Graduate School of Business Center for Social Innovation to recognize nonprofits whose innovative approaches most effectively improve their communities or the world at large.</p><p>"It's exciting to see this level of support for nonprofits via online contributions," said James A. Phills, Jr., co-director of the Center for Social Innovation at the Stanford Graduate School of Business. "I believe that this award program has made an important contribution by helping our finalists to broaden their base of support, and by raising public awareness of the power and potential of these innovative approaches to solving problems."</p><p>About the Nonprofit Innovation Award</p><p>Announced in February, 2005, the Amazon.com Nonprofit Innovation Award received almost 1,000 initial award submissions. The 10 finalists address a range of issues, and were selected by a panel of judges that included sports legend and humanitarian, Muhammad Ali; former United States Secretary of State, Dr. Henry Kissinger; Tea Leoni, actress and National Ambassador to the U.S. Fund for UNICEF, Jeff Bradach, managing partner and cofounder of leading U.S. nonprofit consulting firm the Bridgespan Group, James A. Phills, Jr, and Jeff Bezos. Customers contributed to their favorite finalist organization from July 19 through September 30, 2005.</p><p>The 10 finalists were:-- Appalachian Sustainable Development (Abingdon, VA) -- Appalachian Sustainable Development builds self-reliant, ecologically sustainable communities in Central Appalachia by providing training and market access for farmers and other limited-resource entrepreneurs, and by linking them to consumers.-- Community Voice Mail (Seattle, WA) -- Community Voice Mail provides free, 24-hour nationwide voice mail to people in crisis -- connecting them to jobs, housing and hope -- a deceptively simple concept with extraordinary impact.-- DonorsChoose (New York, NY) -- DonorsChoose is a marketplace where teachers and individuals connect to give at-risk students the resources they need to learn.-- EARN (San Francisco, CA) -- EARN offers breakthrough financial tools that open the door to economic opportunity for the working poor, providing a model for ending the cycle of poverty on a national and global scale.-- First Book (Washington, DC) -- First Book is a nationally recognized nonprofit that puts high-quality, new books into the hands of children from low-income families.-- KaBOOM! (Washington, DC) -- By bringing together community leaders, parents and volunteers, KaBOOM! seeks to create a great play space within walking distance of every child in America.-- KickStart (San Francisco, CA) -- KickStart provides a proven solution to poverty in Africa by focusing on economic empowerment rather than traditional aid.-- Pact, Inc.'s WORTH program (Washington, DC) -- Pact's WORTH program drives gender equality and women's economic empowerment worldwide through a unique combination of literacy training, women-owned village banks and micro-enterprise creation.-- PATH (Seattle, WA) -- PATH is a catalyst for global health, creating sustainable, culturally relevant solutions that enable communities worldwide to break longstanding cycles of poor health.-- Teach For America (New York, NY) -- Teach For America is the national corps of outstanding recent college graduates from all academic majors who fight educational inequity by teaching in urban and rural public schools and becoming lifelong leaders for change.About the Center for Social Innovation</p><p>The Stanford Graduate School of Business developed the Center for Social Innovation to build and strengthen the capacity of individuals and organizations to develop innovative solutions to social problem for a more just, sustainable and healthy world. The Center dissolves traditional sector boundaries by bringing together nonprofit leaders, corporate executives, government officials and philanthropists to discuss, debate, analyze and take action to strengthen communities. The center's core activities -- research, teaching and community engagement -- focus on many thematic areas including corporate social responsibility, social entrepreneurship, environmental sustainability, philanthropy, education, and nonprofit management. www.gsb.stanford.edu/csi/</p><p>About Amazon.com</p><p>Amazon.com (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>CONTACT: MWW Group for Amazon.comAllison Braley, 201-507-9500abraley@mww.comorStanford University Graduate School of BusinessCenter for Social InnovationKriss Deiglmeier, 650-725-9419Deiglmeier_kriss@gsb.stanford.eduSOURCE: Amazon.com, Inc.</p> |
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Alexa Web Information Service Launches on Amazon Web Services Web Site; Web Service Available on Amazon Web Services Web Site Lets Developers Build Innovative Applications Using Data from Alexa's 4.5 Billion Web Page, 16 Million Web Site Crawl | /news/news-details/2005/Alexa-Web-Information-Service-Launches-on-Amazon-Web-Services-Web-Site-Web-Service-Available-on-Amazon-Web-Services-Web-Site-Lets-Developers-Build-Innovative-Applications-Using-Data-from-Alexas-4.5-Billion-Web-Page-16-Million-Web-Site-Crawl/default.aspx | Alexa-Web-Information-Service-Launches-on-Amazon-Web-Services-Web-Site-Web-Service-Available-on-Amazon-Web-Services-Web-Site-Lets-Developers-Build-Innovative-Applications-Using-Data-from-Alexas-4.5-Billion-Web-Page-16-Million-Web-Site-Crawl | 4,578 | 10/11/2005 08:31:00 | Alexa Web Information Service Launches on Amazon Web Services Web Site; Web Service Available on Amazon Web Services Web Site Lets Developers Build Innovative Applications Using Data from Alexa's 4.5 Billion Web Page, 16 Million Web Site Crawl | 10/11/2005 | 2005 | SAN FRANCISCO, Oct 11, 2005 (BUSINESS WIRE) -- Alexa Internet, a subsidiary of Amazon.com, Inc. (NASDAQ: AMZN), today launched the Alexa Web Information Service (AWIS) on the Amazon Web Services Web site. AWIS offers software and Web developers access to more than 100 terabytes of Web site information and popularity data collected by Alexa's Web Crawl of more than 4.5 billion Web pages on 16 million sites. Developers can sign up and get started using AWIS at the Amazon Web Services Web site aws.amazon.com/awis.
"We've only scratched the surface of the possible applications of the data captured by the enormous Alexa Crawl. There are many more types of businesses and people that we believe would benefit from customized applications of Alexa data," said Alexa Product Manager Geoffrey Mack. "Rather than build all these applications ourselves, we are opening up and giving developers the opportunity to build them and create their own innovative businesses using our data."
Developers can use AWIS to answer difficult and interesting questions about the Web, and programmatically incorporate these answers directly into their applications. The following are types of Web site information and popularity data that are accessible to developers through AWIS:
-- URL Information - useful data about millions of Web sites, including traffic rank, load speed, related links, site owner contact information, and adult content identification.
-- Browse Category - everything that is needed to build a site browse tree, including lists of sub-categories for a top-level category, most popular sites in a category, and all sites within the category.
-- Web Search - Web search based on Alexa's crawl, providing robust support for advanced queries allowing developers to construct difficult queries and incorporate the answers into their applications.
-- Crawl Meta Data - meta-data for specific pages found in the Alexa Crawl, including size, checksum, frames, images, and links.
-- Web Map - topographic representation of Alexa's Web crawl displaying all links in and links out of specific pages on the Web.
Getting started using AWIS is easy and risk-free. There is no charge for the first 10,000 AWIS requests made by a developer each month and each additional request costs only $0.00015. For example, if a developer makes 12,000 AWIS requests in a month, the cost would be just $.30. All of the documentation, code samples, and sample applications developers need to begin innovating and building businesses today using AWIS is available on the Amazon Web Services Web site aws.amazon.com/awis.
"We are excited to work with Alexa to offer AWIS through the Amazon Web Services Web site," said Amazon Web Services Vice President of Product Development and Developer Relations Adam Selipsky. "With the powerful data that is being exposed and the low cost to access this data, we look forward to seeing the innovative businesses developers create using AWIS."
Early AWIS Successes
AWIS was first released in beta in October 2004. AdBrite participated in the beta and used AWIS to enhance the services they offer customers. AdBrite is a marketplace for buying and selling advertising space on thousands of Web sites. The company uses AWIS to provide prospective advertisement buyers with important information and statistics about the Web sites selling site space through the AdBrite marketplace.
"AWIS is vital to our rapidly-growing business," said AdBrite Chief Executive Officer and Founder Philip Kaplan. "The fact that AWIS is a Web service means that we dedicate minimal software development resources while offering a service to our customers that is invaluable in their decision-making process."
About Alexa Internet
Founded in April 1996 and acquired by Amazon.com in 1999, Alexa Internet provides dynamic data about the Web. Alexa's services include Web site traffic information, statistics, and other tools to make timely and intelligent business and consumer decisions. | <p>SAN FRANCISCO, Oct 11, 2005 (BUSINESS WIRE) -- Alexa Internet, a subsidiary of Amazon.com, Inc. (NASDAQ: AMZN), today launched the Alexa Web Information Service (AWIS) on the Amazon Web Services Web site. AWIS offers software and Web developers access to more than 100 terabytes of Web site information and popularity data collected by Alexa's Web Crawl of more than 4.5 billion Web pages on 16 million sites. Developers can sign up and get started using AWIS at the Amazon Web Services Web site aws.amazon.com/awis.</p><p>"We've only scratched the surface of the possible applications of the data captured by the enormous Alexa Crawl. There are many more types of businesses and people that we believe would benefit from customized applications of Alexa data," said Alexa Product Manager Geoffrey Mack. "Rather than build all these applications ourselves, we are opening up and giving developers the opportunity to build them and create their own innovative businesses using our data."</p><p>Developers can use AWIS to answer difficult and interesting questions about the Web, and programmatically incorporate these answers directly into their applications. The following are types of Web site information and popularity data that are accessible to developers through AWIS:</p><p>-- URL Information - useful data about millions of Web sites, including traffic rank, load speed, related links, site owner contact information, and adult content identification.</p><p>-- Browse Category - everything that is needed to build a site browse tree, including lists of sub-categories for a top-level category, most popular sites in a category, and all sites within the category.</p><p>-- Web Search - Web search based on Alexa's crawl, providing robust support for advanced queries allowing developers to construct difficult queries and incorporate the answers into their applications.</p><p>-- Crawl Meta Data - meta-data for specific pages found in the Alexa Crawl, including size, checksum, frames, images, and links.</p><p>-- Web Map - topographic representation of Alexa's Web crawl displaying all links in and links out of specific pages on the Web.</p><p>Getting started using AWIS is easy and risk-free. There is no charge for the first 10,000 AWIS requests made by a developer each month and each additional request costs only $0.00015. For example, if a developer makes 12,000 AWIS requests in a month, the cost would be just $.30. All of the documentation, code samples, and sample applications developers need to begin innovating and building businesses today using AWIS is available on the Amazon Web Services Web site aws.amazon.com/awis.</p><p>"We are excited to work with Alexa to offer AWIS through the Amazon Web Services Web site," said Amazon Web Services Vice President of Product Development and Developer Relations Adam Selipsky. "With the powerful data that is being exposed and the low cost to access this data, we look forward to seeing the innovative businesses developers create using AWIS."</p><p>Early AWIS Successes</p><p>AWIS was first released in beta in October 2004. AdBrite participated in the beta and used AWIS to enhance the services they offer customers. AdBrite is a marketplace for buying and selling advertising space on thousands of Web sites. The company uses AWIS to provide prospective advertisement buyers with important information and statistics about the Web sites selling site space through the AdBrite marketplace.</p><p>"AWIS is vital to our rapidly-growing business," said AdBrite Chief Executive Officer and Founder Philip Kaplan. "The fact that AWIS is a Web service means that we dedicate minimal software development resources while offering a service to our customers that is invaluable in their decision-making process."</p><p>About Alexa Internet</p><p>Founded in April 1996 and acquired by Amazon.com in 1999, Alexa Internet provides dynamic data about the Web. Alexa's services include Web site traffic information, statistics, and other tools to make timely and intelligent business and consumer decisions.</p> |
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Amazon.com, Tribeca Film Festival and American Express Announce Five Finalists in Second Short-Film Competition; Amazon.com Customers Invited to Rate the Finalist Films to Determine the Grand-Prize Winner | /news/news-details/2005/Amazon.com-Tribeca-Film-Festival-and-American-Express-Announce-Five-Finalists-in-Second-Short-Film-Competition-Amazon.com-Customers-Invited-to-Rate-the-Finalist-Films-to-Determine-the-Grand-Prize-Winner/default.aspx | Amazon.com-Tribeca-Film-Festival-and-American-Express-Announce-Five-Finalists-in-Second-Short-Film-Competition-Amazon.com-Customers-Invited-to-Rate-the-Finalist-Films-to-Determine-the-Grand-Prize-Winner | 4,580 | 10/04/2005 09:02:00 | Amazon.com, Tribeca Film Festival and American Express Announce Five Finalists in Second Short-Film Competition; Amazon.com Customers Invited to Rate the Finalist Films to Determine the Grand-Prize Winner | 10/04/2005 | 2005 | Founding Partner American Express to Provide $50,000 Grand Prize; Featured in Entertainment Weekly's MUST list, the online competition represents a new outlet for the short-film genre
SEATTLE--(BUSINESS WIRE)--Oct. 4, 2005--Amazon.com, Inc. (Nasdaq:AMZN) and Tribeca Film Festival founders Robert De Niro, Jane Rosenthal, and Craig Hatkoff, along with Tribeca Film Festival founding partner American Express, today announced the five finalists of the second Amazon Theater/Tribeca Film Festival Short-Film Competition. The finalists were determined by Amazon.com customers, who submitted thousands of ratings and viewed hundreds of hours of film footage between August 26 and September 23.
The finalists are:
"Battaglia," directed and produced by Owen Smith, screenplay by Jeff Rose: A loving tribute to writer Jeff Rose's grandfather and other Americans in the 88th Infantry Division who fought bravely for their country during World War II. Concept, pre-production, photography and post-production all took place within two weeks.
"Coming Home," written, directed and produced by Greg Benson: Inspired by Woody Allen, Spike Jonze and Monty Python, this comedy was based on a dream and shot in one evening with a budget of $10. No one expects to come home to this.
"Duel at Red Table," directed by Jack Paccione, Jr.: An action/comedy/horror film crafted around the ancient sport of table tennis. Mr. Paccione was also a finalist in the first Amazon Theater/Tribeca Film Festival Short-film Competition for "Misfortune Cookie." Once again, his wish for viewers is to escape reality and have a great time while watching his latest film.
"Meter Maids," written, directed and produced by Joseph Garner: A comedy set in the cutthroat world of parking enforcement officers, this film was inspired by its creator's massive accumulation of parking tickets throughout his life, and his belief that parking tickets are a threat to society. Message to viewers: learn from past mistakes.
"Richter's Agenda," directed by Paul Matusheski: A suspenseful thriller influenced by the work of Alfred Hitchcock, in which a college student is terrorized by a sadistic computer hacker when she accepts a seemingly innocent instant message. This film was written, produced and edited in 24 hours.
Over the next four weeks, the five finalist films will be screened in the Tribeca Screening Room, where they will be rated and reviewed by Amazon customers world-wide. In addition to selecting the winner using Amazon's star rating system, customers can also write and post their own reviews and commentary about the films, as well as read the reviews of other customers.
The grand-prize winner will be announced at a gala cocktail event in New York City this November, and will receive a $50,000 award from American Express towards his or her next film project. The Amazon Theater/Tribeca Film Festival Short-Film Competition was created to enable aspiring and established filmmakers to develop and refine their craft, and to provide a global platform from which to show their work.
Macromedia Flash is the exclusive video format for the Amazon Theater Short-film Competition.
About Tribeca Film Festival
The Tribeca Film Festival was founded by Robert De Niro, Jane Rosenthal and Craig Hatkoff to celebrate New York City as a major filmmaking capital. Tribeca Cinemas, located at 54 Varick Street, was acquired by the Festival founders in 2003 and serves as a year-round venue for the Festival and its related activities.
The 2005 Festival, presented by American Express, took place from April 19th to May 1st in various locations throughout lower Manhattan. The 2005 Festival featured special events, outdoor concerts and screenings, a street fair, and panel discussions with noted filmmakers.
About Amazon.com
Amazon.com, Inc., (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
About American Express
American Express has been the Founding Sponsor of the Festival since its inception in 2002. Part of a multi-year relationship, the sponsorship demonstrates American Express' dedication to the goals of the Festival and the revitalization of lower Manhattan.
CONTACT: Rubenstein Communications for Amazon.comGretchen Wagner, 212-843-8076Susan Arons, 212-843-8033SOURCE: Amazon.com, Inc. | <p>Founding Partner American Express to Provide $50,000 Grand Prize; Featured in Entertainment Weekly's MUST list, the online competition represents a new outlet for the short-film genre</p><p>SEATTLE--(BUSINESS WIRE)--Oct. 4, 2005--Amazon.com, Inc. (Nasdaq:AMZN) and Tribeca Film Festival founders Robert De Niro, Jane Rosenthal, and Craig Hatkoff, along with Tribeca Film Festival founding partner American Express, today announced the five finalists of the second Amazon Theater/Tribeca Film Festival Short-Film Competition. The finalists were determined by Amazon.com customers, who submitted thousands of ratings and viewed hundreds of hours of film footage between August 26 and September 23.</p><p>The finalists are:</p><p>"Battaglia," directed and produced by Owen Smith, screenplay by Jeff Rose: A loving tribute to writer Jeff Rose's grandfather and other Americans in the 88th Infantry Division who fought bravely for their country during World War II. Concept, pre-production, photography and post-production all took place within two weeks.</p><p>"Coming Home," written, directed and produced by Greg Benson: Inspired by Woody Allen, Spike Jonze and Monty Python, this comedy was based on a dream and shot in one evening with a budget of $10. No one expects to come home to this.</p><p>"Duel at Red Table," directed by Jack Paccione, Jr.: An action/comedy/horror film crafted around the ancient sport of table tennis. Mr. Paccione was also a finalist in the first Amazon Theater/Tribeca Film Festival Short-film Competition for "Misfortune Cookie." Once again, his wish for viewers is to escape reality and have a great time while watching his latest film.</p><p>"Meter Maids," written, directed and produced by Joseph Garner: A comedy set in the cutthroat world of parking enforcement officers, this film was inspired by its creator's massive accumulation of parking tickets throughout his life, and his belief that parking tickets are a threat to society. Message to viewers: learn from past mistakes.</p><p>"Richter's Agenda," directed by Paul Matusheski: A suspenseful thriller influenced by the work of Alfred Hitchcock, in which a college student is terrorized by a sadistic computer hacker when she accepts a seemingly innocent instant message. This film was written, produced and edited in 24 hours.</p><p>Over the next four weeks, the five finalist films will be screened in the Tribeca Screening Room, where they will be rated and reviewed by Amazon customers world-wide. In addition to selecting the winner using Amazon's star rating system, customers can also write and post their own reviews and commentary about the films, as well as read the reviews of other customers.</p><p>The grand-prize winner will be announced at a gala cocktail event in New York City this November, and will receive a $50,000 award from American Express towards his or her next film project. The Amazon Theater/Tribeca Film Festival Short-Film Competition was created to enable aspiring and established filmmakers to develop and refine their craft, and to provide a global platform from which to show their work.</p><p>Macromedia Flash is the exclusive video format for the Amazon Theater Short-film Competition.</p><p>About Tribeca Film Festival</p><p>The Tribeca Film Festival was founded by Robert De Niro, Jane Rosenthal and Craig Hatkoff to celebrate New York City as a major filmmaking capital. Tribeca Cinemas, located at 54 Varick Street, was acquired by the Festival founders in 2003 and serves as a year-round venue for the Festival and its related activities.</p><p>The 2005 Festival, presented by American Express, took place from April 19th to May 1st in various locations throughout lower Manhattan. The 2005 Festival featured special events, outdoor concerts and screenings, a street fair, and panel discussions with noted filmmakers.</p><p>About Amazon.com</p><p>Amazon.com, Inc., (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>About American Express</p><p>American Express has been the Founding Sponsor of the Festival since its inception in 2002. Part of a multi-year relationship, the sponsorship demonstrates American Express' dedication to the goals of the Festival and the revitalization of lower Manhattan.</p><p>CONTACT: Rubenstein Communications for Amazon.comGretchen Wagner, 212-843-8076Susan Arons, 212-843-8033SOURCE: Amazon.com, Inc.</p> |
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Only 10 Days Left to Donate to the Amazon.com Nonprofit Innovation Award Finalists; Many Nonprofits Also Create Programs to Benefit Hurricane Katrina Victims | /news/news-details/2005/Only-10-Days-Left-to-Donate-to-the-Amazon.com-Nonprofit-Innovation-Award-Finalists-Many-Nonprofits-Also-Create-Programs-to-Benefit-Hurricane-Katrina-Victims/default.aspx | Only-10-Days-Left-to-Donate-to-the-Amazon.com-Nonprofit-Innovation-Award-Finalists-Many-Nonprofits-Also-Create-Programs-to-Benefit-Hurricane-Katrina-Victims | 4,583 | 09/20/2005 08:03:00 | Only 10 Days Left to Donate to the Amazon.com Nonprofit Innovation Award Finalists; Many Nonprofits Also Create Programs to Benefit Hurricane Katrina Victims | 09/20/2005 | 2005 | SEATTLE--(BUSINESS WIRE)--Sept. 20, 2005--What: Just 10 days remain to donate money to the Amazon.com Nonprofit Innovation Award finalists, which are vying for up to a $1 million matching grant from Amazon. The contest ends September 30, and is designed to recognize and reward nonprofit organizations that use innovative solutions to improve local communities and the world at large. More than $800,000 has been donated thus far and each finalist will receive all of the donations it has generated on Amazon.com.
In addition to their existing innovative efforts, many of the finalist organizations are using creative approaches to help survivors of Hurricane Katrina -- here are just a few examples:
-- Community Voice Mail is operating a specialized "Disaster Relief System" that is providing 120,000 free voice mail numbers to evacuees and survivors of Hurricane Katrina to help them reconnect and rebuild their lives;-- DonorsChoose has created "Classroom Care Packages" to provide resources for students affected by Hurricane Katrina;-- First Book has launched "Book Relief," an initiative providing millions of books to children, adults, schools, and literacy programs affected by Hurricane Katrina. Every $0.50 donated sponsors a new book;-- Teach For America is working to re-deploy the corps members who would have taught in New Orleans as "emergency corps" in Houston and Southern Louisiana so that they can continue to serve the New Orleans students they were teaching.
Amazon, in partnership with the Center for Social Innovation at the Stanford University Graduate School of Business and a panel of expert advisors, selected the 10 finalists. The finalists are currently raising funds and awareness for their programs directly on the Amazon.com Web site (www.amazon.com), where customers can contribute to their favorite nonprofit finalist.
In addition to the Innovation Award, Amazon.com recently collected more than $12.5 million in online donations to the American Red Cross and donated tens of thousands of relief supplies to the Salvation Army to help with their Hurricane Katrina relief efforts.
How it works:-- The finalist organization that receives the most in contributions by September 30 will be named the winner of the Amazon.com Nonprofit Innovation Award.-- A matching grant of up to $1 million from Amazon will be awarded to the winner in October 2005.-- Each of the finalist organizations will receive the donations they generated throughout the program.
Who: The Amazon.com Nonprofit Innovation Award Finalists vying for the number one spot are:
-- Appalachian Sustainable Development (Abingdon, VA) -- ASD builds self reliant, ecologically sustainable communities in Central Appalachia by providing training and market access for farmers and other limited resource entrepreneurs, and by linking them to consumers.-- Community Voice Mail (Seattle, WA) -- Community Voice Mail provides free, 24-hour nationwide voicemail to people in crisis -- connecting them to jobs, housing and hope -- a deceptively simple concept with extraordinary impact.-- DonorsChoose (New York, NY) - DonorsChoose is an online marketplace where teachers and concerned individuals connect to give students the resources they need to learn.-- EARN (San Francisco, CA) -- EARN offers breakthrough financial tools that open the door to economic opportunity for the working poor in California, providing a model for ending the cycle of poverty on a national and global scale.-- First Book (Washington, DC) -- First Book is a nationally-recognized nonprofit that puts high-quality, new books into the hands of children from low-income families.-- KaBOOM! (Washington, DC) -- By bringing together community leaders, parents and volunteers, KaBOOM! seeks to create a great play space within walking distance of every child in America.-- KickStart (San Francisco, CA) -- KickStart provides a proven solution to poverty in Africa by focusing on economic empowerment rather than traditional aid.-- Pact, Inc.'s WORTH program (Washington, DC) -- Pact's WORTH program drives gender equality and women's economic empowerment worldwide through a unique combination of literacy training, women-owned village banks and micro-enterprise creation.-- PATH (Seattle, WA) -- PATH is a catalyst for global health, creating sustainable, culturally relevant solutions that enable communities worldwide to break longstanding cycles of poor health.-- Teach For America (New York, NY) -- Teach For America is the national corps of outstanding recent college graduates from all academic majors who fight educational inequity by teaching in urban and rural public schools and becoming lifelong leaders for change.
Interviews Available: For Amazon.com, contact Sally Fouts at 206-505-8390 or sfouts@mww.com
About Amazon.com: Amazon.com, Inc., (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward-Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
CONTACT: For Amazon.comSally Fouts, 206-505-8390sfouts@mww.comSOURCE: Amazon.com | <p>SEATTLE--(BUSINESS WIRE)--Sept. 20, 2005--What: Just 10 days remain to donate money to the Amazon.com Nonprofit Innovation Award finalists, which are vying for up to a $1 million matching grant from Amazon. The contest ends September 30, and is designed to recognize and reward nonprofit organizations that use innovative solutions to improve local communities and the world at large. More than $800,000 has been donated thus far and each finalist will receive all of the donations it has generated on Amazon.com.</p><p>In addition to their existing innovative efforts, many of the finalist organizations are using creative approaches to help survivors of Hurricane Katrina -- here are just a few examples:</p><p>-- Community Voice Mail is operating a specialized "Disaster Relief System" that is providing 120,000 free voice mail numbers to evacuees and survivors of Hurricane Katrina to help them reconnect and rebuild their lives;-- DonorsChoose has created "Classroom Care Packages" to provide resources for students affected by Hurricane Katrina;-- First Book has launched "Book Relief," an initiative providing millions of books to children, adults, schools, and literacy programs affected by Hurricane Katrina. Every $0.50 donated sponsors a new book;-- Teach For America is working to re-deploy the corps members who would have taught in New Orleans as "emergency corps" in Houston and Southern Louisiana so that they can continue to serve the New Orleans students they were teaching.</p><p>Amazon, in partnership with the Center for Social Innovation at the Stanford University Graduate School of Business and a panel of expert advisors, selected the 10 finalists. The finalists are currently raising funds and awareness for their programs directly on the Amazon.com Web site (www.amazon.com), where customers can contribute to their favorite nonprofit finalist.</p><p>In addition to the Innovation Award, Amazon.com recently collected more than $12.5 million in online donations to the American Red Cross and donated tens of thousands of relief supplies to the Salvation Army to help with their Hurricane Katrina relief efforts.</p><p>How it works:-- The finalist organization that receives the most in contributions by September 30 will be named the winner of the Amazon.com Nonprofit Innovation Award.-- A matching grant of up to $1 million from Amazon will be awarded to the winner in October 2005.-- Each of the finalist organizations will receive the donations they generated throughout the program.</p><p>Who: The Amazon.com Nonprofit Innovation Award Finalists vying for the number one spot are:</p><p>-- Appalachian Sustainable Development (Abingdon, VA) -- ASD builds self reliant, ecologically sustainable communities in Central Appalachia by providing training and market access for farmers and other limited resource entrepreneurs, and by linking them to consumers.-- Community Voice Mail (Seattle, WA) -- Community Voice Mail provides free, 24-hour nationwide voicemail to people in crisis -- connecting them to jobs, housing and hope -- a deceptively simple concept with extraordinary impact.-- DonorsChoose (New York, NY) - DonorsChoose is an online marketplace where teachers and concerned individuals connect to give students the resources they need to learn.-- EARN (San Francisco, CA) -- EARN offers breakthrough financial tools that open the door to economic opportunity for the working poor in California, providing a model for ending the cycle of poverty on a national and global scale.-- First Book (Washington, DC) -- First Book is a nationally-recognized nonprofit that puts high-quality, new books into the hands of children from low-income families.-- KaBOOM! (Washington, DC) -- By bringing together community leaders, parents and volunteers, KaBOOM! seeks to create a great play space within walking distance of every child in America.-- KickStart (San Francisco, CA) -- KickStart provides a proven solution to poverty in Africa by focusing on economic empowerment rather than traditional aid.-- Pact, Inc.'s WORTH program (Washington, DC) -- Pact's WORTH program drives gender equality and women's economic empowerment worldwide through a unique combination of literacy training, women-owned village banks and micro-enterprise creation.-- PATH (Seattle, WA) -- PATH is a catalyst for global health, creating sustainable, culturally relevant solutions that enable communities worldwide to break longstanding cycles of poor health.-- Teach For America (New York, NY) -- Teach For America is the national corps of outstanding recent college graduates from all academic majors who fight educational inequity by teaching in urban and rural public schools and becoming lifelong leaders for change.</p><p>Interviews Available: For Amazon.com, contact Sally Fouts at 206-505-8390 or sfouts@mww.com</p><p>About Amazon.com: Amazon.com, Inc., (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward-Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>CONTACT: For Amazon.comSally Fouts, 206-505-8390sfouts@mww.comSOURCE: Amazon.com</p> |
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Amazon Web Services and Microsoft Kick Off Developer Contest at Microsoft Professional Developers Conference | /news/news-details/2005/Amazon-Web-Services-and-Microsoft-Kick-Off-Developer-Contest-at-Microsoft-Professional-Developers-Conference/default.aspx | Amazon-Web-Services-and-Microsoft-Kick-Off-Developer-Contest-at-Microsoft-Professional-Developers-Conference | 4,585 | 09/14/2005 00:00:00 | Amazon Web Services and Microsoft Kick Off Developer Contest at Microsoft Professional Developers Conference | 09/14/2005 | 2005 | Developer Community Challenged to Create Innovative Web Services Applications; Winner to Have Wishes Fulfilled by Amazon.com
SEATTLE, Wash. and REDMOND, Wash. — Sept. 14, 2005 — Amazon Web Services and Microsoft Corp. today kicked off the Microsoft Visual Studio 2005/Amazon Web Services Developer Contest at the Microsoft Professional Developers Conference. Now through Dec. 31, 2005, software and Web developers will compete for prizes by using Visual Studio 2005 to build innovative and entrepreneurial applications that use product data and technology from the Amazon Web Services (AWS) platform. The grand-prize winner will have his or her Amazon.com Wish List fulfilled up to $5,000 (U.S.). A complete list of contest rules, eligibility restrictions, entry instructions, and prizes is available on the AWS Web site (www.amazon.com/aws).
"We are excited to see what developers build using the valuable technology and data we provide through AWS and the powerful tools available in Visual Studio 2005," said Amazon Web Services Director of Developer Relations Steve Rabuchin. "Every developer who enters the contest is a winner in terms of experience because each new application is also potentially the start of a new business."
AWS provides software developers with direct access to Amazon's ever-growing technology platform and product data for building Web sites and Web applications. Today, applications built using the AWS Software Developers Kit range from enhanced Associates sites that advertise products from the Amazon.com Web site to integrated solutions for retailers selling merchandise through Amazon.com. Developers make money by earning referral fees from their Associates sites that link to products available on Amazon.com or by charging users for the applications they build.
"The Visual Studio development community has repeatedly amazed us with the great Web applications they create," said Scott Guthrie, product unit manager for Web Platform and Tools at Microsoft. "Using AWS and Visual Studio 2005 together, Web developers have a great opportunity to create unique Web applications that take advantage of the power of Amazon data and technology. With this much power at their fingertips, we can't wait to see what they come up with."
Visual Studio 2005 provides a comprehensive tool set for rapidly building and integrating ASP.NET Web Applications and Web services. It offers a full WYSIWYG ASP.NET design experience, along with IntelliSense® statement completion, integrated help, data design and administration and debugging. With the powerful tools contained in Visual Studio 2005, Web developers can access AWS via SOAP (Simple Object Access Protocol) and build Amazon technology and data into new or existing applications that can run on Windows-powered personal computers, personal digital assistants, tablet computers, and mobile phones.
Complete details on the contest are available on the AWS site at www.amazon.com/aws. The contest is currently underway and ends Dec. 31, 2005. Winners will be announced in early 2006. Contest applications will be judged on creativity, quality and extent to which AWS services are integrated, commercial appeal, and usability. Eight winners will be selected and receive the following prizes:
1st Place: $5,000 Amazon.com Wish List fulfillment
2nd Place: Visual Studio 2005 Professional with MSDN Subscription
3rd Place: $500 Amazon.com Gift Certificate
Honorable Mention (5 winners): Xbox 360 Console
About MicrosoftFounded in 1975, Microsoft (Nasdaq "MSFT") is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.
Amazon Web ServicesLaunched in July 2002, the Amazon Web Services (AWS) platform exposes Amazon technology and product data that enables developers to build innovative and entrepreneurial applications on their own. More than 120,000 developers have signed up to use AWS since its inception. Applications built using the AWS Software Developers Kit range from enhanced Associates sites that advertise products from the Amazon.com Web site to integrated solutions for retailers selling merchandise through Amazon.com. Developers make money by earning referral fees from their Associates sites or by charging users for the applications they build. AWS is a division of Amazon Services, Inc.
About Amazon.comAmazon.com (NASDAQ:AMZN), a Fortune 500 company based in Seattle, opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer customers the lowest possible prices. Amazon.com and third-party sellers offer millions of unique new, refurbished, and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.co.jp, www.amazon.fr, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our," and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Amazon.com Forward-Looking StatementThis announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
Microsoft, Windows and Vista are either registered trademarks or trademarks of Microsoft Corp. in the United States and/or other countries. The names of actual companies and products mentioned herein may be the trademarks of their respective owners.
For more information, press only:Rapid Response Team, Waggener Edstrom, (503) 443-7070, rrt@wagged.comDrew Herdener, Amazon.com Media Relations Hotline, (206) 266-7180
Note to editors: If you are interested in viewing additional information on Microsoft, please visit the Microsoft Web page at http://www.microsoft.com/presspass on Microsoft's corporate information pages. Web links, telephone numbers and titles were correct at time of publication, but may since have changed. For additional assistance, journalists and analysts may contact Microsoft's Rapid Response Team or other appropriate contacts listed at http://www.microsoft.com/presspass/contactpr.mspx. | <p>Developer Community Challenged to Create Innovative Web Services Applications; Winner to Have Wishes Fulfilled by Amazon.com</p><p>SEATTLE, Wash. and REDMOND, Wash. — Sept. 14, 2005 — Amazon Web Services and Microsoft Corp. today kicked off the Microsoft Visual Studio 2005/Amazon Web Services Developer Contest at the Microsoft Professional Developers Conference. Now through Dec. 31, 2005, software and Web developers will compete for prizes by using Visual Studio 2005 to build innovative and entrepreneurial applications that use product data and technology from the Amazon Web Services (AWS) platform. The grand-prize winner will have his or her Amazon.com Wish List fulfilled up to $5,000 (U.S.). A complete list of contest rules, eligibility restrictions, entry instructions, and prizes is available on the AWS Web site (www.amazon.com/aws).</p><p>"We are excited to see what developers build using the valuable technology and data we provide through AWS and the powerful tools available in Visual Studio 2005," said Amazon Web Services Director of Developer Relations Steve Rabuchin. "Every developer who enters the contest is a winner in terms of experience because each new application is also potentially the start of a new business."</p><p>AWS provides software developers with direct access to Amazon's ever-growing technology platform and product data for building Web sites and Web applications. Today, applications built using the AWS Software Developers Kit range from enhanced Associates sites that advertise products from the Amazon.com Web site to integrated solutions for retailers selling merchandise through Amazon.com. Developers make money by earning referral fees from their Associates sites that link to products available on Amazon.com or by charging users for the applications they build.</p><p>"The Visual Studio development community has repeatedly amazed us with the great Web applications they create," said Scott Guthrie, product unit manager for Web Platform and Tools at Microsoft. "Using AWS and Visual Studio 2005 together, Web developers have a great opportunity to create unique Web applications that take advantage of the power of Amazon data and technology. With this much power at their fingertips, we can't wait to see what they come up with."</p><p>Visual Studio 2005 provides a comprehensive tool set for rapidly building and integrating ASP.NET Web Applications and Web services. It offers a full WYSIWYG ASP.NET design experience, along with IntelliSense® statement completion, integrated help, data design and administration and debugging. With the powerful tools contained in Visual Studio 2005, Web developers can access AWS via SOAP (Simple Object Access Protocol) and build Amazon technology and data into new or existing applications that can run on Windows-powered personal computers, personal digital assistants, tablet computers, and mobile phones.</p><p>Complete details on the contest are available on the AWS site at www.amazon.com/aws. The contest is currently underway and ends Dec. 31, 2005. Winners will be announced in early 2006. Contest applications will be judged on creativity, quality and extent to which AWS services are integrated, commercial appeal, and usability. Eight winners will be selected and receive the following prizes:</p><ul><li>1st Place: $5,000 Amazon.com Wish List fulfillment</li><li>2nd Place: Visual Studio 2005 Professional with MSDN Subscription</li><li>3rd Place: $500 Amazon.com Gift Certificate</li><li>Honorable Mention (5 winners): Xbox 360 Console</li></ul><p>About MicrosoftFounded in 1975, Microsoft (Nasdaq "MSFT") is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.</p><p>Amazon Web ServicesLaunched in July 2002, the Amazon Web Services (AWS) platform exposes Amazon technology and product data that enables developers to build innovative and entrepreneurial applications on their own. More than 120,000 developers have signed up to use AWS since its inception. Applications built using the AWS Software Developers Kit range from enhanced Associates sites that advertise products from the Amazon.com Web site to integrated solutions for retailers selling merchandise through Amazon.com. Developers make money by earning referral fees from their Associates sites or by charging users for the applications they build. AWS is a division of Amazon Services, Inc.</p><p>About Amazon.comAmazon.com (NASDAQ:AMZN), a Fortune 500 company based in Seattle, opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer customers the lowest possible prices. Amazon.com and third-party sellers offer millions of unique new, refurbished, and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.co.jp, www.amazon.fr, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our," and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Amazon.com Forward-Looking StatementThis announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>Microsoft, Windows and Vista are either registered trademarks or trademarks of Microsoft Corp. in the United States and/or other countries. The names of actual companies and products mentioned herein may be the trademarks of their respective owners.</p><p>For more information, press only:Rapid Response Team, Waggener Edstrom, (503) 443-7070, rrt@wagged.comDrew Herdener, Amazon.com Media Relations Hotline, (206) 266-7180</p><p>Note to editors: If you are interested in viewing additional information on Microsoft, please visit the Microsoft Web page at http://www.microsoft.com/presspass on Microsoft's corporate information pages. Web links, telephone numbers and titles were correct at time of publication, but may since have changed. For additional assistance, journalists and analysts may contact Microsoft's Rapid Response Team or other appropriate contacts listed at http://www.microsoft.com/presspass/contactpr.mspx.</p> |
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Amazon.com to Open Customer Service Center in Kennewick, Washington | /news/news-details/2005/Amazon.com-to-Open-Customer-Service-Center-in-Kennewick-Washington/default.aspx | Amazon.com-to-Open-Customer-Service-Center-in-Kennewick-Washington | 4,587 | 09/13/2005 08:02:00 | Amazon.com to Open Customer Service Center in Kennewick, Washington | 09/13/2005 | 2005 | SEATTLE--(BUSINESS WIRE)--Sept. 13, 2005--Amazon.com (Nasdaq:AMZN) today announced that it is planning to open a customer service center in Kennewick, Washington, later this year. The new facility will operate 7 days a week and is expected to create up to 120 new customer service jobs within the next few months for employees in the local area. The facility could grow to more than 400 jobs over the next few years.
The Kennewick center will offer additional email and phone support to customers of Amazon.com and its merchant partners.
"We are very excited to be opening this new facility in Kennewick," said Frances Merenda, Amazon.com's senior site leader for the Kennewick facility. "Along with our other U.S.-based customer service centers in North Dakota and West Virginia, the Kennewick operation will enable Amazon to serve even more customers quickly and efficiently, particularly as we head into our busiest time of the year."
"The Tri-Cities is extremely fortunate to have a company as prestigious and well-respected as Amazon.com select our community for their new call center," said Carl Adrian, president and CEO of the Tri-City Industrial Development Council. "This process was truly a team effort by the state, the City of Kennewick and the Tri-City Industrial Development Council (TRIDEC). By choosing the Tri-Cities for its new call center, Amazon.com brings the largest number of non-federal related jobs created in our area in many years."
Kennewick Mayor James Beaver commented, "The City of Kennewick and the Tri-Cities is proud to welcome Amazon.com to our community; their selection of the City of Kennewick is just the latest example of business leaders choosing our region to do business. This partnership with Amazon.com, the Tri-City Industrial Development Council (TRIDEC) and the City of Kennewick is another example of how we can work together to build a better community."
Recruitment
Amazon is seeking to hire up to 120 employees for its new Kennewick center over the next several months; these positions include managers, supervisors and associates. Interested candidates can apply for jobs by visiting www.go2worksource.com or by calling WorkSource Columbia Basin: 509-734-5900.
About Amazon.com
Amazon.com, Inc., (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward-Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
CONTACT: Amazon.com, SeattlePatty Smith, 206-266-7180orTri-City Industrial Development Council (TRIDEC)Deanna Smith, 509-735-1000SOURCE: Amazon.com | <p>SEATTLE--(BUSINESS WIRE)--Sept. 13, 2005--Amazon.com (Nasdaq:AMZN) today announced that it is planning to open a customer service center in Kennewick, Washington, later this year. The new facility will operate 7 days a week and is expected to create up to 120 new customer service jobs within the next few months for employees in the local area. The facility could grow to more than 400 jobs over the next few years.</p><p>The Kennewick center will offer additional email and phone support to customers of Amazon.com and its merchant partners.</p><p>"We are very excited to be opening this new facility in Kennewick," said Frances Merenda, Amazon.com's senior site leader for the Kennewick facility. "Along with our other U.S.-based customer service centers in North Dakota and West Virginia, the Kennewick operation will enable Amazon to serve even more customers quickly and efficiently, particularly as we head into our busiest time of the year."</p><p>"The Tri-Cities is extremely fortunate to have a company as prestigious and well-respected as Amazon.com select our community for their new call center," said Carl Adrian, president and CEO of the Tri-City Industrial Development Council. "This process was truly a team effort by the state, the City of Kennewick and the Tri-City Industrial Development Council (TRIDEC). By choosing the Tri-Cities for its new call center, Amazon.com brings the largest number of non-federal related jobs created in our area in many years."</p><p>Kennewick Mayor James Beaver commented, "The City of Kennewick and the Tri-Cities is proud to welcome Amazon.com to our community; their selection of the City of Kennewick is just the latest example of business leaders choosing our region to do business. This partnership with Amazon.com, the Tri-City Industrial Development Council (TRIDEC) and the City of Kennewick is another example of how we can work together to build a better community."</p><p>Recruitment</p><p>Amazon is seeking to hire up to 120 employees for its new Kennewick center over the next several months; these positions include managers, supervisors and associates. Interested candidates can apply for jobs by visiting www.go2worksource.com or by calling WorkSource Columbia Basin: 509-734-5900.</p><p>About Amazon.com</p><p>Amazon.com, Inc., (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward-Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>CONTACT: Amazon.com, SeattlePatty Smith, 206-266-7180orTri-City Industrial Development Council (TRIDEC)Deanna Smith, 509-735-1000SOURCE: Amazon.com</p> |
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Cash Goes in, Gift Certificate Comes Out -- Coinstar Now Offering Gift Certificates Redeemable At Amazon.com With No Transaction Fee | /news/news-details/2005/Cash-Goes-in-Gift-Certificate-Comes-Out----Coinstar-Now-Offering-Gift-Certificates-Redeemable-At-Amazon.com-With-No-Transaction-Fee/default.aspx | Cash-Goes-in-Gift-Certificate-Comes-Out----Coinstar-Now-Offering-Gift-Certificates-Redeemable-At-Amazon.com-With-No-Transaction-Fee | 4,589 | 09/13/2005 00:00:00 | Cash Goes in, Gift Certificate Comes Out -- Coinstar Now Offering Gift Certificates Redeemable At Amazon.com With No Transaction Fee | 09/13/2005 | 2005 | BELLEVUE, Wash.--(BUSINESS WIRE)--Sept. 13, 2005-- Agreement creates convenient way for customers to use coins or bills for online purchases
Coinstar, Inc. (Nasdaq:CSTR) and Amazon.com (Nasdaq:AMZN) today announced the two companies will team to provide a convenient new way for consumers to use cash to make online purchases. The Coinstar and Amazon agreement makes it possible for customers to exchange coins and also bills at Coinstar Centers -- with no transaction fee -- for a gift certificate redeemable at Amazon.com.
The Coin to Card(TM) program from Coinstar is a new service that allows the average American to take the approximately $99 in loose change that is sitting in their house and turn it into clothing, music, books, movies and more from Amazon.com, including many items offered on the site by third party sellers.
"We're always working to make buying on Amazon.com more convenient for customers," said Toni Reid, Director of Business Development. "We're excited to work with Coinstar to make using cash for online purchases easy with no additional cost, as there are thousands of Coinstar Centers around the country and there is no transaction fee to turn coins or bills into a gift certificate redeemable at Amazon.com."
Coinstar estimates that approximately $10.5 billion in spare change is sitting unused in American households and previous to this arrangement, there was no easy way for consumers to spend this money online. The Coinstar and Amazon agreement creates one of the first self-service methods for using cash to make purchases on the Internet.
"We're thrilled to offer gift certificates redeemable at Amazon.com as part of our Coin to Card(TM) program," said Peter Rowan, Vice President of New Business Innovation at Coinstar, Inc. "Using idle change or found money to make online purchases brings 'shopping freedom' to consumers who either prefer to use cash or don't have access to credit."
To take advantage of this new program, customers visit a local Coinstar Center at supermarket locations offering the gift certificates redeemable on Amazon.com, which they can locate by visiting www.coinstar.com. Users simply insert their coins into the machine -- or at many Coinstar Centers bills are accepted -- and then a receipt is printed with a redemption code that can be immediately used to make purchases at Amazon.com. The redemption code is entered during Amazon.com's checkout procedure and the gift certificate amount is applied at the time of purchase, or the customer may also conveniently add any remaining amount to their Amazon account for later use. For standard coin to cash transactions Coinstar has a processing fee, however, when consumers turn their coin into an eCertificate or gift card, there is no fee to the consumer.
Coinstar's Coin to Card(TM) program introduced earlier this year allows consumers to convert loose change into a variety of gift cards and now gift certificates that are redeemable at Amazon.com. The program is currently available at approximately 3,500 locations and is expected to reach 5,000 by the end of the year.
About Coinstar, Inc.
Coinstar, Inc. (Nasdaq:CSTR) is a multi-national company offering a range of 4th Wall(TM) solutions for the retailers' front of store consisting of self-service coin counting, electronic payment solutions, and entertainment services. The company's products and services can be found at more than 44,000 retail locations including supermarkets, drug stores, mass merchants, convenience stores, and restaurants. American Coin Merchandising Inc., Cell Cards of Illinois, L.L.C., and Coinstar E-payment Services, Inc. are wholly-owned subsidiaries of Coinstar, Inc. For more information, visit www.coinstar.com.
Coinstar, Inc. Forward-Looking Statement
This press release contains forward-looking statements relating to Coinstar, Inc.'s anticipated growth and future operating results. These are forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "intend," "anticipate," "goals," variations of such words, and similar expressions identify forward-looking statements, but their absence does not mean that the statement is not forward-looking. The forward-looking statements are not guarantees of future performance and actual results may vary materially from the results expressed or implied in such statements. Differences may result from actions taken by Coinstar, Inc., as well as from risks and uncertainties beyond Coinstar, Inc.'s control. Factors that could cause or contribute to such differences include, but are not limited to, Coinstar, Inc.'s ability to (a) enter into additional card partner agreements on terms that are not materially adverse to Coinstar, Inc., (b) bring new and repeat customers to Coinstar(R) machines, (c) obtain new agreements with potential retailers for the installation of Coinstar machines or retain current agreements with our existing retailers on terms that are not materially adverse to Coinstar, Inc., (d) compete with additional potential competitors, (e) anticipate legal or governmental regulatory action and uncertainties relating to the ultimate success of new business initiatives such as Coin to Card or e-payment services. The foregoing list of risks and uncertainties is illustrative, but by no means exhaustive. For more information on factors that may affect future performance, please review the most recent Coinstar, Inc. reports filed with the Securities and Exchange Commission. These forward-looking statements reflect Coinstar, Inc.'s expectations as of September 13, 2005. Coinstar, Inc. undertakes no obligation to update the information provided herein.
About Amazon.com gift certificates
Amazon.com gift certificates are issued and sold by A2Z Gift Certificates, Inc., an Idaho Corporation. For additional information regarding the legal terms and conditions, go to www.Amazon.com/gc-legal.
About Amazon.com
Amazon.com, Inc., (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Amazon.com, Inc. Forward-Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
CONTACT: Coinstar, Inc.Marci G. Maule, 425-943-8277mmaule@coinstar.comorPorter NovelliCaitlin Donahue, 206-770-7025caitlin.donahue@porternovelli.comorAmazon.comMedia Relations:Craig Berman, 206-266-7180SOURCE: Coinstar, Inc. | <p>BELLEVUE, Wash.--(BUSINESS WIRE)--Sept. 13, 2005-- Agreement creates convenient way for customers to use coins or bills for online purchases</p><p>Coinstar, Inc. (Nasdaq:CSTR) and Amazon.com (Nasdaq:AMZN) today announced the two companies will team to provide a convenient new way for consumers to use cash to make online purchases. The Coinstar and Amazon agreement makes it possible for customers to exchange coins and also bills at Coinstar Centers -- with no transaction fee -- for a gift certificate redeemable at Amazon.com.</p><p>The Coin to Card(TM) program from Coinstar is a new service that allows the average American to take the approximately $99 in loose change that is sitting in their house and turn it into clothing, music, books, movies and more from Amazon.com, including many items offered on the site by third party sellers.</p><p>"We're always working to make buying on Amazon.com more convenient for customers," said Toni Reid, Director of Business Development. "We're excited to work with Coinstar to make using cash for online purchases easy with no additional cost, as there are thousands of Coinstar Centers around the country and there is no transaction fee to turn coins or bills into a gift certificate redeemable at Amazon.com."</p><p>Coinstar estimates that approximately $10.5 billion in spare change is sitting unused in American households and previous to this arrangement, there was no easy way for consumers to spend this money online. The Coinstar and Amazon agreement creates one of the first self-service methods for using cash to make purchases on the Internet.</p><p>"We're thrilled to offer gift certificates redeemable at Amazon.com as part of our Coin to Card(TM) program," said Peter Rowan, Vice President of New Business Innovation at Coinstar, Inc. "Using idle change or found money to make online purchases brings 'shopping freedom' to consumers who either prefer to use cash or don't have access to credit."</p><p>To take advantage of this new program, customers visit a local Coinstar Center at supermarket locations offering the gift certificates redeemable on Amazon.com, which they can locate by visiting www.coinstar.com. Users simply insert their coins into the machine -- or at many Coinstar Centers bills are accepted -- and then a receipt is printed with a redemption code that can be immediately used to make purchases at Amazon.com. The redemption code is entered during Amazon.com's checkout procedure and the gift certificate amount is applied at the time of purchase, or the customer may also conveniently add any remaining amount to their Amazon account for later use. For standard coin to cash transactions Coinstar has a processing fee, however, when consumers turn their coin into an eCertificate or gift card, there is no fee to the consumer.</p><p>Coinstar's Coin to Card(TM) program introduced earlier this year allows consumers to convert loose change into a variety of gift cards and now gift certificates that are redeemable at Amazon.com. The program is currently available at approximately 3,500 locations and is expected to reach 5,000 by the end of the year.</p><p>About Coinstar, Inc.</p><p>Coinstar, Inc. (Nasdaq:CSTR) is a multi-national company offering a range of 4th Wall(TM) solutions for the retailers' front of store consisting of self-service coin counting, electronic payment solutions, and entertainment services. The company's products and services can be found at more than 44,000 retail locations including supermarkets, drug stores, mass merchants, convenience stores, and restaurants. American Coin Merchandising Inc., Cell Cards of Illinois, L.L.C., and Coinstar E-payment Services, Inc. are wholly-owned subsidiaries of Coinstar, Inc. For more information, visit www.coinstar.com.</p><p>Coinstar, Inc. Forward-Looking Statement</p><p>This press release contains forward-looking statements relating to Coinstar, Inc.'s anticipated growth and future operating results. These are forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "intend," "anticipate," "goals," variations of such words, and similar expressions identify forward-looking statements, but their absence does not mean that the statement is not forward-looking. The forward-looking statements are not guarantees of future performance and actual results may vary materially from the results expressed or implied in such statements. Differences may result from actions taken by Coinstar, Inc., as well as from risks and uncertainties beyond Coinstar, Inc.'s control. Factors that could cause or contribute to such differences include, but are not limited to, Coinstar, Inc.'s ability to (a) enter into additional card partner agreements on terms that are not materially adverse to Coinstar, Inc., (b) bring new and repeat customers to Coinstar(R) machines, (c) obtain new agreements with potential retailers for the installation of Coinstar machines or retain current agreements with our existing retailers on terms that are not materially adverse to Coinstar, Inc., (d) compete with additional potential competitors, (e) anticipate legal or governmental regulatory action and uncertainties relating to the ultimate success of new business initiatives such as Coin to Card or e-payment services. The foregoing list of risks and uncertainties is illustrative, but by no means exhaustive. For more information on factors that may affect future performance, please review the most recent Coinstar, Inc. reports filed with the Securities and Exchange Commission. These forward-looking statements reflect Coinstar, Inc.'s expectations as of September 13, 2005. Coinstar, Inc. undertakes no obligation to update the information provided herein.</p><p>About Amazon.com gift certificates</p><p>Amazon.com gift certificates are issued and sold by A2Z Gift Certificates, Inc., an Idaho Corporation. For additional information regarding the legal terms and conditions, go to www.Amazon.com/gc-legal.</p><p>About Amazon.com</p><p>Amazon.com, Inc., (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Amazon.com, Inc. Forward-Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>CONTACT: Coinstar, Inc.Marci G. Maule, 425-943-8277mmaule@coinstar.comorPorter NovelliCaitlin Donahue, 206-770-7025caitlin.donahue@porternovelli.comorAmazon.comMedia Relations:Craig Berman, 206-266-7180SOURCE: Coinstar, Inc.</p> |
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The Hollywood Prescription Launches on Amazon.com | /news/news-details/2005/The-Hollywood-Prescription-Launches-on-Amazon.com/default.aspx | The-Hollywood-Prescription-Launches-on-Amazon.com | 4,591 | 09/01/2005 11:00:00 | The Hollywood Prescription Launches on Amazon.com | 09/01/2005 | 2005 | SEATTLE--(BUSINESS WIRE)--Sept. 1, 2005--The Hollywood Prescription, purveyor of innovative skin care products including the Two Step Lip Treatment, celebrity spokesperson Paris Hilton's lip product of choice, is expanding its reach to consumers by teaming up with Amazon.com's Beauty store.
The first The Hollywood Prescription product to be launched on Amazon.com is the original Two Step Lip Treatment. First launched in February 2005 with spokesperson Paris Hilton singing its praises, this unique lip product has quickly become a favorite amongst celebrities and the masses alike. Simple and easy-to-use, the system features the Step 1 Exfoliant which sloughs off dry and dead skin, and the Step 2 Serum, which conditions and plumps lips. The unique proprietary formulas set The Hollywood Prescription Two Step Lip Treatment apart from other "lip plumpers" on the market today. While other products give the temporary effect of plumping by burning or stinging lips with cinnamon or menthol ingredients, The Hollywood Prescription Two Step Lip Treatment actually increases lip volume and moisture by boosting collagen production.
With so much innovation, it is only natural that The Hollywood Prescription would team up with Amazon.com's Beauty store, which launched in May of 2004 and provides customers with a secure, convenient shopping experience for all of their beauty needs.
This new outlet allows The Hollywood Prescription to showcase their products to an entirely new audience, broadening their reach to tens of millions of Amazon.com customers.
The Hollywood Prescription page in Amazon.com's Beauty store offers a plethora of information about how their product works for those who want to forgo invasive procedures and are searching for an at-home plumping method that delivers. Customers will find quotes from New York dermatologist Dr. Dina Anderson, which add validity to the results that can be achieved. In addition, customers will have access to gorgeous photos of spokesperson Paris Hilton as well as her glowing reviews of the product, giving the page the ultimate Hollywood appeal.
To kick off the launch in true Hollywood style, The Hollywood Prescription is offering a free tube of their latest lip product called The Balm, a plumping and hydrating creamy lip balm, with purchase of their cult product, The Two Step Lip Treatment, exclusively in Amazon.com's Beauty store. This offer is available to Amazon.com customers from September 1 through September 30, 2005.
Consumers can log onto www.amazon.com/beauty or go directly to The Hollywood Prescription by going to www.amazon.com/hollywoodprescription.com.
CONTACT: Tractenberg & Co.Gina Pallozzi or Liv MacFoy, 212-929-7979gina@tractenberg.comliv@tractenberg.comSOURCE: Amazon.com | <p>SEATTLE--(BUSINESS WIRE)--Sept. 1, 2005--The Hollywood Prescription, purveyor of innovative skin care products including the Two Step Lip Treatment, celebrity spokesperson Paris Hilton's lip product of choice, is expanding its reach to consumers by teaming up with Amazon.com's Beauty store.</p><p>The first The Hollywood Prescription product to be launched on Amazon.com is the original Two Step Lip Treatment. First launched in February 2005 with spokesperson Paris Hilton singing its praises, this unique lip product has quickly become a favorite amongst celebrities and the masses alike. Simple and easy-to-use, the system features the Step 1 Exfoliant which sloughs off dry and dead skin, and the Step 2 Serum, which conditions and plumps lips. The unique proprietary formulas set The Hollywood Prescription Two Step Lip Treatment apart from other "lip plumpers" on the market today. While other products give the temporary effect of plumping by burning or stinging lips with cinnamon or menthol ingredients, The Hollywood Prescription Two Step Lip Treatment actually increases lip volume and moisture by boosting collagen production.</p><p>With so much innovation, it is only natural that The Hollywood Prescription would team up with Amazon.com's Beauty store, which launched in May of 2004 and provides customers with a secure, convenient shopping experience for all of their beauty needs.</p><p>This new outlet allows The Hollywood Prescription to showcase their products to an entirely new audience, broadening their reach to tens of millions of Amazon.com customers.</p><p>The Hollywood Prescription page in Amazon.com's Beauty store offers a plethora of information about how their product works for those who want to forgo invasive procedures and are searching for an at-home plumping method that delivers. Customers will find quotes from New York dermatologist Dr. Dina Anderson, which add validity to the results that can be achieved. In addition, customers will have access to gorgeous photos of spokesperson Paris Hilton as well as her glowing reviews of the product, giving the page the ultimate Hollywood appeal.</p><p>To kick off the launch in true Hollywood style, The Hollywood Prescription is offering a free tube of their latest lip product called The Balm, a plumping and hydrating creamy lip balm, with purchase of their cult product, The Two Step Lip Treatment, exclusively in Amazon.com's Beauty store. This offer is available to Amazon.com customers from September 1 through September 30, 2005.</p><p>Consumers can log onto www.amazon.com/beauty or go directly to The Hollywood Prescription by going to www.amazon.com/hollywoodprescription.com.</p><p>CONTACT: Tractenberg & Co.Gina Pallozzi or Liv MacFoy, 212-929-7979gina@tractenberg.comliv@tractenberg.comSOURCE: Amazon.com</p> |
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Amazon Theater/Tribeca Film Festival Short-Film Competition and American Express Open Online Screening Room for Customers to Rate New Works from Emerging and Established Filmmakers | /news/news-details/2005/Amazon-Theater-Tribeca-Film-Festival-Short-Film-Competition-and-American-Express-Open-Online-Screening-Room-for-Customers-to-Rate-New-Works-from-Emerging-and-Established-Filmmakers/default.aspx | Amazon-Theater-Tribeca-Film-Festival-Short-Film-Competition-and-American-Express-Open-Online-Screening-Room-for-Customers-to-Rate-New-Works-from-Emerging-and-Established-Filmmakers | 4,594 | 08/29/2005 09:03:00 | Amazon Theater/Tribeca Film Festival Short-Film Competition and American Express Open Online Screening Room for Customers to Rate New Works from Emerging and Established Filmmakers | 08/29/2005 | 2005 | SEATTLE--(BUSINESS WIRE)--Aug. 29, 2005--Amazon.com, Inc. (Nasdaq: AMZN): Building on the success of the inaugural competition in which thousands of Amazon.com customers participated, online jurors can now track the films they've rated and watch them as many times as they wish
Amazon.com, Inc. (Nasdaq: AMZN), the Tribeca Film Festival and its founding partner American Express today announced the opening of the Tribeca Screening Room (www.amazon.com/screeningroom). For the next four weeks, millions of Amazon.com customers will have the opportunity to rate submissions from novice and established filmmakers. Additionally, a new feature in the Tribeca Screening Room tracks each film rated by customers and allows them to watch the films they've rated again and again.
The Tribeca Screening Room will close on September 23, and the ratings will be tabulated. On October 3, the five top-rated films will begin to debut on the Amazon.com home page. The grand prize winner as selected by Amazon.com customers will be announced in November and will receive a $50,000 award from American Express towards his or her next film project.
Hosting a second competition spotlights the dedication of Amazon.com, the Tribeca Film Festival and its founding partner American Express to the filmmaking community. The continuing goal of the three institutions is to provide an ongoing forum that encourages new filmmakers to enter the field while also providing established filmmakers with a platform to showcase their work. Consumers, serious film aficionados and casual film fans are able to join the process, assuming the role of film critics and competition jurors.
"The Tribeca Film Festival's commitment to filmmakers and the filmmaking community extends to identifying innovative platforms that will make their works available to the largest audience possible," said Jennifer Maguire Isham, president of the Tribeca Film Festival. "This competition is a tremendous outlet for filmmakers at every level, as well as pure fun for the audiences watching the films and being a part of the process."
"The quality and entertainment value of the films in the first competition has created a great deal of anticipation among customers and the filmmaking community for the opening of the second screening room," said Amazon.com vice president Kathy Savitt. "We're pleased that customers are coming to Amazon.com to access exclusive content and take part in the search for great filmmakers."
"The Amazon Theater/Tribeca Film Festival Short Film Competition has shaped a unique forum where the filmmaking community can both express their ideas and engage in a creative dialogue with the public about their work," said Rich Lehrfeld, American Express vice president for sponsorship marketing. "We're thrilled to support this effort once again and are looking forward to watching people select the next great short filmmaker."
Only films submitted to the second Amazon Theater/Tribeca Film Festival Short-Film Competition between June 29 and August 17 are eligible for this sequel contest. Each entry must be a maximum of seven minutes in length and must conform to the rules and instructions found at www.amazon.com/shortfilms.
Last June, the five finalists from the inaugural competition were flown to New York City where their works were screened at a VIP gathering at the Tribeca Film Center. Pennsylvania native Jon Lindgren was presented with the grand prize by author Tom Wolfe and entertainment entrepreneur Damon Dash for "Rachel's Challenge," a short film chronicling a behind-the-scenes battle of good vs. evil surrounding the Columbine high school shootings. Lindgren's $50,000 pre-paid American Express card will be used to help fund his next film project.
Macromedia Flash is the exclusive video format for the Amazon Theater/Tribeca Film Festival Short-Film Competition.
About Tribeca Film Festival
The Tribeca Film Festival was founded by Robert De Niro, Jane Rosenthal and Craig Hatkoff to celebrate New York City as a major filmmaking capital. Tribeca Cinemas, located at 54 Varick Street, was acquired by the Festival founders in 2003 and serves as a year-round venue for the Festival and its related activities.
The 2005 Festival, presented by American Express, took place from April 19th to May 1st in various locations throughout lower Manhattan. The 2005 Festival featured special events, outdoor concerts and screenings, a street fair, and panel discussions with noted filmmakers.
About Amazon.com
Amazon.com (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer customers the lowest possible prices. Amazon.com and third-party sellers offer millions of unique new, refurbished, and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.co.jp, www.amazon.fr, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our," and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward-Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
About American Express
American Express has been the Founding Sponsor of the Festival since its inception in 2002. Part of a multi-year relationship, the sponsorship demonstrates American Express' dedication to the goals of the Festival and the revitalization of lower Manhattan.
CONTACT: Rubenstein CommunicationsAmy Jacobs, 212-843-8077Susan Arons, 212-843-8033SOURCE: Amazon.com, Inc. | <p>SEATTLE--(BUSINESS WIRE)--Aug. 29, 2005--Amazon.com, Inc. (Nasdaq: AMZN): Building on the success of the inaugural competition in which thousands of Amazon.com customers participated, online jurors can now track the films they've rated and watch them as many times as they wish</p><p>Amazon.com, Inc. (Nasdaq: AMZN), the Tribeca Film Festival and its founding partner American Express today announced the opening of the Tribeca Screening Room (www.amazon.com/screeningroom). For the next four weeks, millions of Amazon.com customers will have the opportunity to rate submissions from novice and established filmmakers. Additionally, a new feature in the Tribeca Screening Room tracks each film rated by customers and allows them to watch the films they've rated again and again.</p><p>The Tribeca Screening Room will close on September 23, and the ratings will be tabulated. On October 3, the five top-rated films will begin to debut on the Amazon.com home page. The grand prize winner as selected by Amazon.com customers will be announced in November and will receive a $50,000 award from American Express towards his or her next film project.</p><p>Hosting a second competition spotlights the dedication of Amazon.com, the Tribeca Film Festival and its founding partner American Express to the filmmaking community. The continuing goal of the three institutions is to provide an ongoing forum that encourages new filmmakers to enter the field while also providing established filmmakers with a platform to showcase their work. Consumers, serious film aficionados and casual film fans are able to join the process, assuming the role of film critics and competition jurors.</p><p>"The Tribeca Film Festival's commitment to filmmakers and the filmmaking community extends to identifying innovative platforms that will make their works available to the largest audience possible," said Jennifer Maguire Isham, president of the Tribeca Film Festival. "This competition is a tremendous outlet for filmmakers at every level, as well as pure fun for the audiences watching the films and being a part of the process."</p><p>"The quality and entertainment value of the films in the first competition has created a great deal of anticipation among customers and the filmmaking community for the opening of the second screening room," said Amazon.com vice president Kathy Savitt. "We're pleased that customers are coming to Amazon.com to access exclusive content and take part in the search for great filmmakers."</p><p>"The Amazon Theater/Tribeca Film Festival Short Film Competition has shaped a unique forum where the filmmaking community can both express their ideas and engage in a creative dialogue with the public about their work," said Rich Lehrfeld, American Express vice president for sponsorship marketing. "We're thrilled to support this effort once again and are looking forward to watching people select the next great short filmmaker."</p><p>Only films submitted to the second Amazon Theater/Tribeca Film Festival Short-Film Competition between June 29 and August 17 are eligible for this sequel contest. Each entry must be a maximum of seven minutes in length and must conform to the rules and instructions found at www.amazon.com/shortfilms.</p><p>Last June, the five finalists from the inaugural competition were flown to New York City where their works were screened at a VIP gathering at the Tribeca Film Center. Pennsylvania native Jon Lindgren was presented with the grand prize by author Tom Wolfe and entertainment entrepreneur Damon Dash for "Rachel's Challenge," a short film chronicling a behind-the-scenes battle of good vs. evil surrounding the Columbine high school shootings. Lindgren's $50,000 pre-paid American Express card will be used to help fund his next film project.</p><p>Macromedia Flash is the exclusive video format for the Amazon Theater/Tribeca Film Festival Short-Film Competition.</p><p>About Tribeca Film Festival</p><p>The Tribeca Film Festival was founded by Robert De Niro, Jane Rosenthal and Craig Hatkoff to celebrate New York City as a major filmmaking capital. Tribeca Cinemas, located at 54 Varick Street, was acquired by the Festival founders in 2003 and serves as a year-round venue for the Festival and its related activities.</p><p>The 2005 Festival, presented by American Express, took place from April 19th to May 1st in various locations throughout lower Manhattan. The 2005 Festival featured special events, outdoor concerts and screenings, a street fair, and panel discussions with noted filmmakers.</p><p>About Amazon.com</p><p>Amazon.com (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer customers the lowest possible prices. Amazon.com and third-party sellers offer millions of unique new, refurbished, and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.co.jp, www.amazon.fr, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our," and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward-Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>About American Express</p><p>American Express has been the Founding Sponsor of the Festival since its inception in 2002. Part of a multi-year relationship, the sponsorship demonstrates American Express' dedication to the goals of the Festival and the revitalization of lower Manhattan.</p><p>CONTACT: Rubenstein CommunicationsAmy Jacobs, 212-843-8077Susan Arons, 212-843-8033SOURCE: Amazon.com, Inc.</p> |
||
Amazon.com Unveils the First The O.C.-Branded Women's Fashion Collection -- Necessary Objects for The O.C. | /news/news-details/2005/Amazon.com-Unveils-the-First-The-O.C.-Branded-Womens-Fashion-Collection----Necessary-Objects-for-The-O.C/default.aspx | Amazon.com-Unveils-the-First-The-O.C.-Branded-Womens-Fashion-Collection----Necessary-Objects-for-The-O.C | 4,600 | 08/23/2005 08:31:00 | Amazon.com Unveils the First The O.C.-Branded Women's Fashion Collection -- Necessary Objects for The O.C. | 08/23/2005 | 2005 | SEATTLE--(BUSINESS WIRE)--Aug. 23, 2005--Amazon.com (Nasdaq:AMZN):
-- Women's Clothing Line Capturing the Look of Television's Most
Fashionable Show Available Exclusively in Amazon's Apparel &
Accessories Store
-- New The O.C. Boutique on Amazon.com Features The O.C. DVDs,
Soundtracks, Apparel Collection and More
-- The Third Season of The O.C. Premieres Thursday, September 8
(8/7 Central) on FOX
Amazon.com today unveiled Necessary Objects for The O.C., the first The O.C.-branded women's fashion collection, now available exclusively in Amazon's Apparel & Accessories Store (www.amazon.com/apparel). Designed by Necessary Objects' Ady Gluck-Frankel with participation from a wardrobe supervisor from The O.C., the line captures the young, contemporary, chic look that is synonymous with The O.C.'s characters and lifestyle.
Also today, Amazon launched a new, dedicated The O.C. boutique, where fans can easily find the new apparel collection alongside all things The O.C. available on the Amazon.com Web site -- the complete DVD sets for the show's first and second seasons, "Music from The O.C." mixes 1-4, the ability to subscribe to The O.C. Insider service and more. The boutique can be accessed through Amazon's Apparel & Accessories Store or by going directly to www.amazon.com/theoc.
Necessary Objects for The O.C. is a 12-piece collection inspired by the diverse personalities and glamorous Southern California lifestyle of the show's fashionistas, pairing unique casual and luxe pieces to create standout looks that seamlessly transition from day to evening. The color palette includes the rich tones that are the hallmark of fall fashions -- mallard, heather, deep brown and basic black. The line features pieces with a feminine take on menswear looks, such as extended-tab gauchos, spectacular knit tops adorned with sequins and paillettes and an array of playful skirts, including a full-length satin peasant skirt that can serve as a beach coverall during the day or be dressed up with the tie-back halter vest for a stunning and sophisticated evening look. The collection ranges in price from $38 to $78.
"Amazon's apparel customer is aligned with the O.C. audience -- fashion-forward, Internet-savvy women looking for the newest, hottest looks; however, Amazon also offers a much broader fan base, presenting a unique opportunity to introduce more consumers to The O.C. brand and lifestyle," said Steven Goldsmith, vice president of Amazon's Apparel & Accessories and Jewelry stores. "Necessary Objects is already a valued apparel partner of Amazon's, and we're thrilled to be working with them to bring customers the exclusive Necessary Objects for The O.C. Collection."
"The draw of The O.C. is that people envision themselves living that lifestyle -- they want to dress and look like these fabulous women on the show," said Necessary Objects designer Ady Gluck-Frankel. "With Necessary Objects for The O.C. we're allowing fans to tap into that look, in a shopping experience they are already familiar with at Amazon.com."
"Amazon was the logical place to offer Necessary Objects for The O.C. for many reasons, including its ability to provide 'retail immediacy' -- so that if fans are watching the show and see a look they like, they can jump on their computers at that moment and shop the collection in Amazon's Apparel & Accessories Store," said Lisa Gregorian, senior vice president of Television Creative Services for Warner Bros. Television. "Our audience understands and uses the Internet as an integrated part of their lives."
"We are very excited for the opportunity to extend the style of the show to our fans," said Josh Schwartz, executive producer of The O.C.
The O.C.: The Complete Second Season releases on DVD today and is available at Amazon.com for $48.99, a savings of 30 percent. The highly anticipated third season of The O.C kicks off Thursday, September 8, at 8 p.m. (7 p.m. Central) on FOX.
To see the exclusive Necessary Objects for The O.C. Collection, order The O.C.: The Complete Second Season DVD and discover other The O.C. merchandise, go to Amazon's Apparel & Accessories Store or www.amazon.com/theoc.
About Amazon.com
Amazon.com (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer customers the lowest possible prices. Amazon.com and third-party sellers offer millions of unique new, refurbished, and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.co.jp, www.amazon.fr, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our," and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
About The O.C.
The O.C. centers on a group of friends and families whose lives have forever been changed by the arrival of an outsider to their affluent oceanside community of Newport Beach in Orange County, California. The series returns for its third season this fall on the Fox Television Network (Thursdays 8 - 9 p.m. ET/PT). From Wonderland Sound and Vision, College Hill Pictures in association with Warner Bros. Television Production Inc., The O.C. is executive-produced by Josh Schwartz, Bob DeLaurentis and McG. Stephanie Savage and Ian Toynton serve as co-executive producers. The series stars Peter Gallagher (Sandy Cohen), Kelly Rowan (Kirsten Cohen), Ben McKenzie (Ryan Atwood), Mischa Barton (Marissa Cooper), Adam Brody (Seth Cohen), Melinda Clarke (Julie Cooper) and Rachel Bilson (Summer Roberts).
About Necessary Objects
Necessary Objects by Ady Gluck-Frankel is a leading force in young contemporary apparel. Ady Gluck-Frankel, founder, creative director and president of the powerhouse brand, is known for her ability to understand her customer's fashion needs and lifestyle. She creates looks that are distinctly Necessary Objects: unique, eclectic, modern and feminine. The company is located in New York City and manufactures domestically -- a strategy that enables Ms. Gluck-Frankel to react quickly to the changing trends her customer demands.
Necessary Objects by Ady Gluck-Frankel always represents the very best quality and style in fashion apparel at an incredible price point. Necessary Objects is a key vendor in better department and specialty stores nationwide and is also sold in Japan, England, France and other countries. Presently the brand has licensees in intimates, outerwear and handbags.
Forward-Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
CONTACT: Amazon.com Media RelationsKristin Mariani, 206-266-7180orD&E Marketing GroupDella Olsher, 212-696-1242demarketinggroup@aol.comSOURCE: Amazon.com | <pre> SEATTLE--(BUSINESS WIRE)--Aug. 23, 2005--Amazon.com (Nasdaq:AMZN): -- Women's Clothing Line Capturing the Look of Television's Most Fashionable Show Available Exclusively in Amazon's Apparel & Accessories Store -- New The O.C. Boutique on Amazon.com Features The O.C. DVDs, Soundtracks, Apparel Collection and More -- The Third Season of The O.C. Premieres Thursday, September 8 (8/7 Central) on FOX</pre><p>Amazon.com today unveiled Necessary Objects for The O.C., the first The O.C.-branded women's fashion collection, now available exclusively in Amazon's Apparel & Accessories Store (www.amazon.com/apparel). Designed by Necessary Objects' Ady Gluck-Frankel with participation from a wardrobe supervisor from The O.C., the line captures the young, contemporary, chic look that is synonymous with The O.C.'s characters and lifestyle.</p><p>Also today, Amazon launched a new, dedicated The O.C. boutique, where fans can easily find the new apparel collection alongside all things The O.C. available on the Amazon.com Web site -- the complete DVD sets for the show's first and second seasons, "Music from The O.C." mixes 1-4, the ability to subscribe to The O.C. Insider service and more. The boutique can be accessed through Amazon's Apparel & Accessories Store or by going directly to www.amazon.com/theoc.</p><p>Necessary Objects for The O.C. is a 12-piece collection inspired by the diverse personalities and glamorous Southern California lifestyle of the show's fashionistas, pairing unique casual and luxe pieces to create standout looks that seamlessly transition from day to evening. The color palette includes the rich tones that are the hallmark of fall fashions -- mallard, heather, deep brown and basic black. The line features pieces with a feminine take on menswear looks, such as extended-tab gauchos, spectacular knit tops adorned with sequins and paillettes and an array of playful skirts, including a full-length satin peasant skirt that can serve as a beach coverall during the day or be dressed up with the tie-back halter vest for a stunning and sophisticated evening look. The collection ranges in price from $38 to $78.</p><p>"Amazon's apparel customer is aligned with the O.C. audience -- fashion-forward, Internet-savvy women looking for the newest, hottest looks; however, Amazon also offers a much broader fan base, presenting a unique opportunity to introduce more consumers to The O.C. brand and lifestyle," said Steven Goldsmith, vice president of Amazon's Apparel & Accessories and Jewelry stores. "Necessary Objects is already a valued apparel partner of Amazon's, and we're thrilled to be working with them to bring customers the exclusive Necessary Objects for The O.C. Collection."</p><p>"The draw of The O.C. is that people envision themselves living that lifestyle -- they want to dress and look like these fabulous women on the show," said Necessary Objects designer Ady Gluck-Frankel. "With Necessary Objects for The O.C. we're allowing fans to tap into that look, in a shopping experience they are already familiar with at Amazon.com."</p><p>"Amazon was the logical place to offer Necessary Objects for The O.C. for many reasons, including its ability to provide 'retail immediacy' -- so that if fans are watching the show and see a look they like, they can jump on their computers at that moment and shop the collection in Amazon's Apparel & Accessories Store," said Lisa Gregorian, senior vice president of Television Creative Services for Warner Bros. Television. "Our audience understands and uses the Internet as an integrated part of their lives."</p><p>"We are very excited for the opportunity to extend the style of the show to our fans," said Josh Schwartz, executive producer of The O.C.</p><p>The O.C.: The Complete Second Season releases on DVD today and is available at Amazon.com for $48.99, a savings of 30 percent. The highly anticipated third season of The O.C kicks off Thursday, September 8, at 8 p.m. (7 p.m. Central) on FOX.</p><p>To see the exclusive Necessary Objects for The O.C. Collection, order The O.C.: The Complete Second Season DVD and discover other The O.C. merchandise, go to Amazon's Apparel & Accessories Store or www.amazon.com/theoc.</p><p>About Amazon.com</p><p>Amazon.com (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer customers the lowest possible prices. Amazon.com and third-party sellers offer millions of unique new, refurbished, and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.co.jp, www.amazon.fr, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our," and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>About The O.C.</p><p>The O.C. centers on a group of friends and families whose lives have forever been changed by the arrival of an outsider to their affluent oceanside community of Newport Beach in Orange County, California. The series returns for its third season this fall on the Fox Television Network (Thursdays 8 - 9 p.m. ET/PT). From Wonderland Sound and Vision, College Hill Pictures in association with Warner Bros. Television Production Inc., The O.C. is executive-produced by Josh Schwartz, Bob DeLaurentis and McG. Stephanie Savage and Ian Toynton serve as co-executive producers. The series stars Peter Gallagher (Sandy Cohen), Kelly Rowan (Kirsten Cohen), Ben McKenzie (Ryan Atwood), Mischa Barton (Marissa Cooper), Adam Brody (Seth Cohen), Melinda Clarke (Julie Cooper) and Rachel Bilson (Summer Roberts).</p><p>About Necessary Objects</p><p>Necessary Objects by Ady Gluck-Frankel is a leading force in young contemporary apparel. Ady Gluck-Frankel, founder, creative director and president of the powerhouse brand, is known for her ability to understand her customer's fashion needs and lifestyle. She creates looks that are distinctly Necessary Objects: unique, eclectic, modern and feminine. The company is located in New York City and manufactures domestically -- a strategy that enables Ms. Gluck-Frankel to react quickly to the changing trends her customer demands.</p><p>Necessary Objects by Ady Gluck-Frankel always represents the very best quality and style in fashion apparel at an incredible price point. Necessary Objects is a key vendor in better department and specialty stores nationwide and is also sold in Japan, England, France and other countries. Presently the brand has licensees in intimates, outerwear and handbags.</p><p>Forward-Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>CONTACT: Amazon.com Media RelationsKristin Mariani, 206-266-7180orD&E Marketing GroupDella Olsher, 212-696-1242demarketinggroup@aol.comSOURCE: Amazon.com</p> |
||
Amazon.com Innovation Aims to Revive Short-Form Literature -- Offers Exclusive Digital ``Shorts'' from Renowned Authors; ``Amazon Shorts'' Gives Readers Instant Access to Short Works for 49 Cents Each | /news/news-details/2005/Amazon.com-Innovation-Aims-to-Revive-Short-Form-Literature----Offers-Exclusive-Digital-Shorts-from-Renowned-Authors-Amazon-Shorts-Gives-Readers-Instant-Access-to-Short-Works-for-49-Cents-Each/default.aspx | Amazon.com-Innovation-Aims-to-Revive-Short-Form-Literature----Offers-Exclusive-Digital-Shorts-from-Renowned-Authors-Amazon-Shorts-Gives-Readers-Instant-Access-to-Short-Works-for-49-Cents-Each | 4,603 | 08/19/2005 09:23:00 | Amazon.com Innovation Aims to Revive Short-Form Literature -- Offers Exclusive Digital ``Shorts'' from Renowned Authors; ``Amazon Shorts'' Gives Readers Instant Access to Short Works for 49 Cents Each | 08/19/2005 | 2005 | SEATTLE, Aug 19, 2005 (BUSINESS WIRE) -- Amazon.com (Nasdaq:AMZN) today launched its latest innovation for customers, Amazon Shorts, an entirely new way for customers to enjoy their favorite authors and to sample the work of new authors through exclusive short-form literature, for 49 cents each. Amazon Shorts have no printed editions and are only delivered digitally.
"Amazon Shorts will help authors find new readers and help readers find and discover authors they'll love," said Steve Kessel, Amazon.com's vice president of Digital Media. "We hope that by making short-form literature widely and easily available, Amazon.com can help to fuel a revival of this kind of work."
"Publishers have always had a hard time selling and marketing the single, short-form work -- the novella, for instance, or the novelette, or its even more diminutive cousin, the novelini -- and these days it's even harder. Amazon.com has created a new way for authors to get that kind of work out there, which is incredibly exciting," said author Daniel Wallace. "It's my hope that their Shorts program brings a renewed interest to the genre, as well as the opportunity for us to keep in touch with our readers in a really direct, fun way between books."
Beginning today, customers can find Amazon Shorts from accomplished authors in a diverse array of genres and formats, including alternate chapters and scenes to well-known stories, personal memoirs about everything from food poisoning to contact lenses to potty training, one-act plays, and, of course, classic short stories. For example:
Literature and Fiction
-- Audrey Niffenegger, whose debut novel, "The Time Traveler's Wife," was a New York Times Bestseller and nominated for the Orange Prize, has written a charming short story about a man who is experiencing a celestial infestation of sorts; he is having trouble keeping his attic angel-free.
-- Gregory David Roberts, who introduced himself to readers with an autobiographical novel describing a life of drug addiction, crime and prison, has written an Amazon Short in which the unfolding lives and spiritual development of the characters build upon one another in a consecutive timeline.
-- Daniel Wallace enchanted readers with his novel "Big Fish," which was adapted for the major motion picture of the same name. His Amazon Short is a two-part illustrated fable that takes place before recorded time and chronicles the story of a tribe of hunter-gatherers.
Memoirs
-- Stuart Woods, known for his bestselling crime thrillers, has written a personal account of an obsessive and nearly lifelong struggle to find, obtain and hold onto the only luggage a man could ever want.
-- Richard Rhodes is the author of 20 nonfiction books and a Pulitzer Prize winner. His Amazon Short is an essay connecting his experience with the birds of the Pacific and the magnificent drawings and writings of John James Audubon.
-- Terry Brooks is a master of the fantasy genre, with over 12 million books in print and 18 consecutive New York Times bestsellers. His Amazon Short details his writing process, as well as his motivation and why his work is often misunderstood.
Mystery and Thrillers
-- Robin Cook is widely credited with introducing the word "medical" to the thriller genre. His Amazon Short is a medical drama about a young surgeon looking for accolades and attention, who experiences a tremendous range of emotions in the operating room.
-- James Lee Burke, a two-time winner of the Edgar Award for Best Crime Novel of the Year, has been dubbed the "Faulkner of crime fiction." His Amazon Short is a compelling new coming-of-age drama about experiences growing up during the Depression era and the war years.
-- F. Paul Wilson, an award-winning author of 30 novels and over 100 short stories, including the bestselling Repairman Jack series, offers fans a special treat. His Amazon Short is a new mystery/thriller about this popular character with the theme that no good deed goes unpunished.
Nonfiction and Essays
-- Danielle Steel, novelist, children's book author and non-fiction writer, shares her own experiences of the roller coaster ride of life in her Amazon Short, "Candy for the Soul."
-- Ann Beattie, renowned novelist and award-winning short-story writer examines the process of writing fiction, the power of words and the mirror that we hold up to examine ourselves when we read fiction in her Amazon Short.
-- Pico Iyer, a prolific travel writer whose articles appear in "Harper's," "The New York Times" and "Conde Nast Traveler," has departed from his usual travel pieces to write about a place he has never been.
Sci-Fi and Fantasy
-- Walter Jon Williams, a Nebula Award winner and author of more than 25 novels, writes a lagniappe intended for readers of the "Dread Empire's Fall" series to enrich their appreciation of certain characters. For new readers, it's an introduction to the sort of surprises that are found in his books.
-- Kevin J. Anderson, an award-winning science fiction author with 16 million books in print in nearly 30 languages, gives readers a rare advance preview of his next novel with his Amazon Short. He offers the first four chapters of "Of Fire and Night," the fifth installment in his "The Saga of Seven Suns" series, a year in advance of its release.
-- Robin Hobbs's popular fantasy trilogies have been translated into 17 languages. In her Amazon Short she revisits the Bingtown area, also the setting for her "Liveship Traders Trilogy," and weaves a captivating "tale within a tale" about family perceptions and how they shape each generation.
Amazon Shorts are copyrighted works available for purchase and cost 49 cents each. However, in order to preserve a frictionless viewing experience, no digital rights management software is needed to download and read Amazon Shorts. Customers who purchase Amazon Shorts will have three options for reading the piece:
-- View now: Takes customers to a Web page to read or print out the Amazon Short.
-- Download: Initiates the download of a PDF file.
-- E-mail: Sends the entire Amazon Short in a plain-text message to the specified e-mail address.
Amazon Shorts will also be stored permanently in customers' Digital Lockers, and customers are welcome to print out hard copies of purchased Amazon Shorts from any of these formats.
Amazon Shorts is its own store at Amazon.com and can be accessed directly via www.amazon.com/shorts, as well as from the Amazon.com homepage, Store Directory and through the Amazon.com Books store. Each Amazon Short product page will also feature the complete works of the author, along with product images and descriptions of other works available for purchase on Amazon.com.
A complete, alphabetical listing of current Amazon Shorts authors:
Kevin J. Anderson Brendan Halpin Bruce Holland Rogers
Michael Baden Robin Hobb Michael Rose
Ann Beattie Pico Iyer Mary Rosenblum
Gregory Benford Tama Janowitz Gwyn Hyman Rubio
Terry Bisson Ken Kalfus Kristine Kathryn Rusch
Terry Brooks Dave King Lucius Shepard
James Lee Burke Jonathon King Robert Silverberg
Jay Caselberg Howard Klausner Danielle Steel
Veronica Chambers Peter Kramer Allen Steele
Robin Cook Howie Mandel Olen Steinhauer
Mark Crispin Miller Alison McGhee Michael Swanwick
Jack Dann J. Milligan Gloria Vanderbilt
Harry S. Dent Jr. James Morrow Daniel Wallace
Gardner Dozois Kris Nelscott Brad Watson
Eileen Dreyer Audrey Niffenegger Lord Breaulove Swells Whimsy
Esther Friesner James Reston, Jr. Walter Jon Williams
Gregory Frost Richard Rhodes Sarah Willis
Kristine Grayson Christie Ridgway F. Paul Wilson
Lauren Grodstein Gregory David Roberts Stuart Woods
Joe Haldeman Kim Stanley Robinson
About Amazon.com
Amazon.com (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer customers the lowest possible prices. Amazon.com and third-party sellers offer millions of unique new, refurbished, and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail websites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.co.jp, www.amazon.fr, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
SOURCE: Amazon.com
Amazon.comJani Strand or Kristin Mariani, 206-266-7180 | <p>SEATTLE, Aug 19, 2005 (BUSINESS WIRE) -- Amazon.com (Nasdaq:AMZN) today launched its latest innovation for customers, Amazon Shorts, an entirely new way for customers to enjoy their favorite authors and to sample the work of new authors through exclusive short-form literature, for 49 cents each. Amazon Shorts have no printed editions and are only delivered digitally.</p><p>"Amazon Shorts will help authors find new readers and help readers find and discover authors they'll love," said Steve Kessel, Amazon.com's vice president of Digital Media. "We hope that by making short-form literature widely and easily available, Amazon.com can help to fuel a revival of this kind of work."</p><p>"Publishers have always had a hard time selling and marketing the single, short-form work -- the novella, for instance, or the novelette, or its even more diminutive cousin, the novelini -- and these days it's even harder. Amazon.com has created a new way for authors to get that kind of work out there, which is incredibly exciting," said author Daniel Wallace. "It's my hope that their Shorts program brings a renewed interest to the genre, as well as the opportunity for us to keep in touch with our readers in a really direct, fun way between books."</p><p>Beginning today, customers can find Amazon Shorts from accomplished authors in a diverse array of genres and formats, including alternate chapters and scenes to well-known stories, personal memoirs about everything from food poisoning to contact lenses to potty training, one-act plays, and, of course, classic short stories. For example:</p><p>Literature and Fiction</p><p>-- Audrey Niffenegger, whose debut novel, "The Time Traveler's Wife," was a New York Times Bestseller and nominated for the Orange Prize, has written a charming short story about a man who is experiencing a celestial infestation of sorts; he is having trouble keeping his attic angel-free.</p><p>-- Gregory David Roberts, who introduced himself to readers with an autobiographical novel describing a life of drug addiction, crime and prison, has written an Amazon Short in which the unfolding lives and spiritual development of the characters build upon one another in a consecutive timeline.</p><p>-- Daniel Wallace enchanted readers with his novel "Big Fish," which was adapted for the major motion picture of the same name. His Amazon Short is a two-part illustrated fable that takes place before recorded time and chronicles the story of a tribe of hunter-gatherers.</p><p>Memoirs</p><p>-- Stuart Woods, known for his bestselling crime thrillers, has written a personal account of an obsessive and nearly lifelong struggle to find, obtain and hold onto the only luggage a man could ever want.</p><p>-- Richard Rhodes is the author of 20 nonfiction books and a Pulitzer Prize winner. His Amazon Short is an essay connecting his experience with the birds of the Pacific and the magnificent drawings and writings of John James Audubon.</p><p>-- Terry Brooks is a master of the fantasy genre, with over 12 million books in print and 18 consecutive New York Times bestsellers. His Amazon Short details his writing process, as well as his motivation and why his work is often misunderstood.</p><p>Mystery and Thrillers</p><p>-- Robin Cook is widely credited with introducing the word "medical" to the thriller genre. His Amazon Short is a medical drama about a young surgeon looking for accolades and attention, who experiences a tremendous range of emotions in the operating room.</p><p>-- James Lee Burke, a two-time winner of the Edgar Award for Best Crime Novel of the Year, has been dubbed the "Faulkner of crime fiction." His Amazon Short is a compelling new coming-of-age drama about experiences growing up during the Depression era and the war years.</p><p>-- F. Paul Wilson, an award-winning author of 30 novels and over 100 short stories, including the bestselling Repairman Jack series, offers fans a special treat. His Amazon Short is a new mystery/thriller about this popular character with the theme that no good deed goes unpunished.</p><p>Nonfiction and Essays</p><p>-- Danielle Steel, novelist, children's book author and non-fiction writer, shares her own experiences of the roller coaster ride of life in her Amazon Short, "Candy for the Soul."</p><p>-- Ann Beattie, renowned novelist and award-winning short-story writer examines the process of writing fiction, the power of words and the mirror that we hold up to examine ourselves when we read fiction in her Amazon Short.</p><p>-- Pico Iyer, a prolific travel writer whose articles appear in "Harper's," "The New York Times" and "Conde Nast Traveler," has departed from his usual travel pieces to write about a place he has never been.</p><p>Sci-Fi and Fantasy</p><p>-- Walter Jon Williams, a Nebula Award winner and author of more than 25 novels, writes a lagniappe intended for readers of the "Dread Empire's Fall" series to enrich their appreciation of certain characters. For new readers, it's an introduction to the sort of surprises that are found in his books.</p><p>-- Kevin J. Anderson, an award-winning science fiction author with 16 million books in print in nearly 30 languages, gives readers a rare advance preview of his next novel with his Amazon Short. He offers the first four chapters of "Of Fire and Night," the fifth installment in his "The Saga of Seven Suns" series, a year in advance of its release.</p><p>-- Robin Hobbs's popular fantasy trilogies have been translated into 17 languages. In her Amazon Short she revisits the Bingtown area, also the setting for her "Liveship Traders Trilogy," and weaves a captivating "tale within a tale" about family perceptions and how they shape each generation.</p><p>Amazon Shorts are copyrighted works available for purchase and cost 49 cents each. However, in order to preserve a frictionless viewing experience, no digital rights management software is needed to download and read Amazon Shorts. Customers who purchase Amazon Shorts will have three options for reading the piece:</p><p>-- View now: Takes customers to a Web page to read or print out the Amazon Short.</p><p>-- Download: Initiates the download of a PDF file.</p><p>-- E-mail: Sends the entire Amazon Short in a plain-text message to the specified e-mail address.</p><p>Amazon Shorts will also be stored permanently in customers' Digital Lockers, and customers are welcome to print out hard copies of purchased Amazon Shorts from any of these formats.</p><p>Amazon Shorts is its own store at Amazon.com and can be accessed directly via www.amazon.com/shorts, as well as from the Amazon.com homepage, Store Directory and through the Amazon.com Books store. Each Amazon Short product page will also feature the complete works of the author, along with product images and descriptions of other works available for purchase on Amazon.com.</p><p>A complete, alphabetical listing of current Amazon Shorts authors:</p><pre>Kevin J. Anderson Brendan Halpin Bruce Holland RogersMichael Baden Robin Hobb Michael RoseAnn Beattie Pico Iyer Mary RosenblumGregory Benford Tama Janowitz Gwyn Hyman RubioTerry Bisson Ken Kalfus Kristine Kathryn RuschTerry Brooks Dave King Lucius ShepardJames Lee Burke Jonathon King Robert SilverbergJay Caselberg Howard Klausner Danielle SteelVeronica Chambers Peter Kramer Allen SteeleRobin Cook Howie Mandel Olen SteinhauerMark Crispin Miller Alison McGhee Michael SwanwickJack Dann J. Milligan Gloria VanderbiltHarry S. Dent Jr. James Morrow Daniel WallaceGardner Dozois Kris Nelscott Brad WatsonEileen Dreyer Audrey Niffenegger Lord Breaulove Swells WhimsyEsther Friesner James Reston, Jr. Walter Jon WilliamsGregory Frost Richard Rhodes Sarah WillisKristine Grayson Christie Ridgway F. Paul WilsonLauren Grodstein Gregory David Roberts Stuart WoodsJoe Haldeman Kim Stanley Robinson</pre><p>About Amazon.com</p><p>Amazon.com (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer customers the lowest possible prices. Amazon.com and third-party sellers offer millions of unique new, refurbished, and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven retail websites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.co.jp, www.amazon.fr, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>SOURCE: Amazon.com</p><p>Amazon.comJani Strand or Kristin Mariani, 206-266-7180</p> |
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Amazon.com Hosts World Premiere of Debut Single from Barbra Streisand's New Album; Twenty-five Years After the Epic ``Guilty'' album, Streisand Reunites with Barry Gibb to Record "Guilty Pleasures'' | /news/news-details/2005/Amazon.com-Hosts-World-Premiere-of-Debut-Single-from-Barbra-Streisands-New-Album-Twenty-five-Years-After-the-Epic-Guilty-album-Streisand-Reunites-with-Barry-Gibb-to-Record-Guilty-Pleasures/default.aspx | Amazon.com-Hosts-World-Premiere-of-Debut-Single-from-Barbra-Streisands-New-Album-Twenty-five-Years-After-the-Epic-Guilty-album-Streisand-Reunites-with-Barry-Gibb-to-Record-Guilty-Pleasures | 4,606 | 08/16/2005 08:31:00 | Amazon.com Hosts World Premiere of Debut Single from Barbra Streisand's New Album; Twenty-five Years After the Epic ``Guilty'' album, Streisand Reunites with Barry Gibb to Record "Guilty Pleasures'' | 08/16/2005 | 2005 | SEATTLE—August 16, 2005—Amazon.com (Nasdaq:AMZN) today announced it is hosting the world premiere of "Stranger in a Strange Land," the first single from legendary performer Barbra Streisand's forthcoming album "Guilty Pleasures." Starting today and for the next seven days, studio footage of Streisand performing "Stranger in a Strange Land" can be seen exclusively at Amazon.com via the Amazon welcome page (www.amazon.com) or the Amazon Music store.
After 25 years, Streisand has reunited with Barry Gibb to record the follow up to their "Guilty" album, which sold 12 million copies worldwide. "Guilty Pleasures" is written and produced by Gibb, who also duets with Streisand on the songs "Come Tomorrow" and "Above the Law."
"Recording ‘Guilty' with Barry Gibb was one of the easiest, most pleasant times I've ever spent in a recording studio," said Barbra Streisand. "Reuniting with him for ‘Guilty Pleasures' was wonderful. I love the passion that comes through in his music. Singing with him on the duets was a delight, and singing to his background vocals is inspiring."
"We are thrilled to host the exclusive world premiere event for Barbra Streisand's new album, giving her fans and Amazon customers the first opportunity to experience her newest work," said Jeff Belle, Amazon's vice president of worldwide media buying. "Debuting the album on Amazon.com – where fans can simultaneously pre-order the album at a 42 percent discount – is not only extremely convenient for customers, but also benefits labels and artists."
"With the exclusive, world premiere of the extraordinary studio footage from Barbra's forthcoming DualDisc, as well as the opportunity to get a sneak preview of three brand new recordings, this special on-demand cybercast is going to be one of the year's biggest and most anticipated entertainment events," commented Tom Donnarumma, executive vice president, sales, Sony Music Label Group. "We look forward to working closely with Amazon as we help this legendary artist connect with her legions of loyal fans from around the globe, as well as to reach an even broader audience than ever before."
In addition to enjoying the "Stranger in a Strange Land" single and video footage, customers who pre-order "Guilty Pleasures" at www.amazon.com will gain immediate access to a free digital stream of three tracks from the album – "Hideaway," "Night of My Life" and "Without Your Love."
"Guilty Pleasures" will be released in compact and DualDisc on September 20. The DualDisc includes the entire album in PCM stereo, footage from the making of the album, interviews with Streisand and Gibb about the making of the album and complete video performances of "Stranger in a Strange Land," "Above the Law," "Hideaway" and "Letting Go." Both the CD and DualDisc are available for advance order at www.amazon.com for $10.99, a savings of 42 percent.
About Amazon.comAmazon.com (NASDAQ:AMZN), a Fortune 500 company based in Seattle, opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer customers the lowest possible prices. Amazon.com and third-party sellers offer millions of unique new, refurbished, and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail websites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.co.jp, www.amazon.fr, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings. | <p>SEATTLE—August 16, 2005—Amazon.com (Nasdaq:AMZN) today announced it is hosting the world premiere of "Stranger in a Strange Land," the first single from legendary performer Barbra Streisand's forthcoming album "Guilty Pleasures." Starting today and for the next seven days, studio footage of Streisand performing "Stranger in a Strange Land" can be seen exclusively at Amazon.com via the Amazon welcome page (www.amazon.com) or the Amazon Music store.</p><p>After 25 years, Streisand has reunited with Barry Gibb to record the follow up to their "Guilty" album, which sold 12 million copies worldwide. "Guilty Pleasures" is written and produced by Gibb, who also duets with Streisand on the songs "Come Tomorrow" and "Above the Law."</p><p>"Recording ‘Guilty' with Barry Gibb was one of the easiest, most pleasant times I've ever spent in a recording studio," said Barbra Streisand. "Reuniting with him for ‘Guilty Pleasures' was wonderful. I love the passion that comes through in his music. Singing with him on the duets was a delight, and singing to his background vocals is inspiring."</p><p>"We are thrilled to host the exclusive world premiere event for Barbra Streisand's new album, giving her fans and Amazon customers the first opportunity to experience her newest work," said Jeff Belle, Amazon's vice president of worldwide media buying. "Debuting the album on Amazon.com – where fans can simultaneously pre-order the album at a 42 percent discount – is not only extremely convenient for customers, but also benefits labels and artists."</p><p>"With the exclusive, world premiere of the extraordinary studio footage from Barbra's forthcoming DualDisc, as well as the opportunity to get a sneak preview of three brand new recordings, this special on-demand cybercast is going to be one of the year's biggest and most anticipated entertainment events," commented Tom Donnarumma, executive vice president, sales, Sony Music Label Group. "We look forward to working closely with Amazon as we help this legendary artist connect with her legions of loyal fans from around the globe, as well as to reach an even broader audience than ever before."</p><p>In addition to enjoying the "Stranger in a Strange Land" single and video footage, customers who pre-order "Guilty Pleasures" at www.amazon.com will gain immediate access to a free digital stream of three tracks from the album – "Hideaway," "Night of My Life" and "Without Your Love."</p><p>"Guilty Pleasures" will be released in compact and DualDisc on September 20. The DualDisc includes the entire album in PCM stereo, footage from the making of the album, interviews with Streisand and Gibb about the making of the album and complete video performances of "Stranger in a Strange Land," "Above the Law," "Hideaway" and "Letting Go." Both the CD and DualDisc are available for advance order at www.amazon.com for $10.99, a savings of 42 percent.</p><p>About Amazon.comAmazon.com (NASDAQ:AMZN), a Fortune 500 company based in Seattle, opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer customers the lowest possible prices. Amazon.com and third-party sellers offer millions of unique new, refurbished, and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven retail websites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.co.jp, www.amazon.fr, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p> |
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A9.com Launches Maps with Street-Level Images | /news/news-details/2005/A9.com-Launches-Maps-with-Street-Level-Images/default.aspx | A9.com-Launches-Maps-with-Street-Level-Images | 4,608 | 08/16/2005 00:00:00 | A9.com Launches Maps with Street-Level Images | 08/16/2005 | 2005 | A9.com Maps combines state-of-the-art mapping features with 35 million Block ViewTM images
Palo Alto, Calif. − August 16, 2005 − A9.com, Inc., a subsidiary of Amazon.com, Inc. (NASDAQ: AMZN), today launched "A9.com Maps," a new service that shows users an interactive map and corresponding street-level images in a single interface. A9's Block ViewTM technology brings traditional maps to life by combining driving directions and other convenient mapping tools with street-level images of millions of places and their surroundings. The fully-functional A9.com Maps beta is now available at http://maps.a9.com.
"We're making maps slightly less abstract and closer to the real world," said A9.com CEO Udi Manber. "With A9.com Maps you can actually see pictures of where you're going and places on the way there."
A9.com Maps starts like other web-based maps by asking users to type an address (or two addresses in the case of driving directions) and providing an interactive map in return. But the similarities end there. In addition to the map, A9.com Maps users have a wide variety of tools to learn how to get where they want to go and what the sights will look like on the way there. For example, users can:
See street-level images of the addresses they enter.
Virtually walk up and down the street to see different photo angles of restaurants, offices, shops, public parks and landmarks.
Virtually jump to the opposite side of the street.
Click anywhere on the map to see images of places nearby.
Zoom in and out and see an overlay of all streets for which A9.com currently has Block View images. - Create driving directions, and then click on points along the way (intersections, street corners, etc.) to see how they look in the real world.
Click on a point in the map to get the corresponding address.
A9's Block View technology transformed traditional yellow pages when it was introduced in January as part of A9.com Yellow Pages. A9.com developed the technology to efficiently capture photographs of businesses using trucks equipped with digital cameras, global positioning system (GPS) receivers, and proprietary software and hardware. This convenience gives users a better way to select a business, recognize businesses they have seen in the past, find nearby parking spaces, get a feel of the neighborhood, and much more. Block View has grown to cover more than 22 U.S. cities with 35 million images. Block View images are currently available in Atlanta, Austin, Boston, Chicago, Dallas/Ft. Worth, Denver, Detroit, Los Angeles, New York City (Manhattan), Philadelphia, Portland (OR), Sacramento, Salt Lake City, San Diego, San Francisco Bay Area, San Jose, Seattle, Washington, D.C., Phoenix, Miami, Houston and Fargo. Portions of more than a dozen other major U.S. metro areas are also covered.
About A9.comA9.com, Inc., a separately branded and operated subsidiary of Amazon.com, Inc., opened its Palo Alto, California office in October 2003 to research and build innovative search technologies.
About Amazon.comAmazon.com (NASDAQ:AMZN), a Fortune 500 company based in Seattle, opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer customers the lowest possible prices. Amazon.com and third-party sellers offer millions of unique new, refurbished, and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail websites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.co.jp, www.amazon.fr, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward Looking StatementThis announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings. | <p>A9.com Maps combines state-of-the-art mapping features with 35 million Block ViewTM images</p><p>Palo Alto, Calif. − August 16, 2005 − A9.com, Inc., a subsidiary of Amazon.com, Inc. (NASDAQ: AMZN), today launched "A9.com Maps," a new service that shows users an interactive map and corresponding street-level images in a single interface. A9's Block ViewTM technology brings traditional maps to life by combining driving directions and other convenient mapping tools with street-level images of millions of places and their surroundings. The fully-functional A9.com Maps beta is now available at http://maps.a9.com.</p><p>"We're making maps slightly less abstract and closer to the real world," said A9.com CEO Udi Manber. "With A9.com Maps you can actually see pictures of where you're going and places on the way there."</p><p>A9.com Maps starts like other web-based maps by asking users to type an address (or two addresses in the case of driving directions) and providing an interactive map in return. But the similarities end there. In addition to the map, A9.com Maps users have a wide variety of tools to learn how to get where they want to go and what the sights will look like on the way there. For example, users can:</p><ul><li>See street-level images of the addresses they enter.</li><li>Virtually walk up and down the street to see different photo angles of restaurants, offices, shops, public parks and landmarks.</li><li>Virtually jump to the opposite side of the street.</li><li>Click anywhere on the map to see images of places nearby.</li><li>Zoom in and out and see an overlay of all streets for which A9.com currently has Block View images. - Create driving directions, and then click on points along the way (intersections, street corners, etc.) to see how they look in the real world.</li><li>Click on a point in the map to get the corresponding address.</li></ul><p>A9's Block View technology transformed traditional yellow pages when it was introduced in January as part of A9.com Yellow Pages. A9.com developed the technology to efficiently capture photographs of businesses using trucks equipped with digital cameras, global positioning system (GPS) receivers, and proprietary software and hardware. This convenience gives users a better way to select a business, recognize businesses they have seen in the past, find nearby parking spaces, get a feel of the neighborhood, and much more. Block View has grown to cover more than 22 U.S. cities with 35 million images. Block View images are currently available in Atlanta, Austin, Boston, Chicago, Dallas/Ft. Worth, Denver, Detroit, Los Angeles, New York City (Manhattan), Philadelphia, Portland (OR), Sacramento, Salt Lake City, San Diego, San Francisco Bay Area, San Jose, Seattle, Washington, D.C., Phoenix, Miami, Houston and Fargo. Portions of more than a dozen other major U.S. metro areas are also covered.</p><p>About A9.comA9.com, Inc., a separately branded and operated subsidiary of Amazon.com, Inc., opened its Palo Alto, California office in October 2003 to research and build innovative search technologies.</p><p>About Amazon.comAmazon.com (NASDAQ:AMZN), a Fortune 500 company based in Seattle, opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer customers the lowest possible prices. Amazon.com and third-party sellers offer millions of unique new, refurbished, and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven retail websites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.co.jp, www.amazon.fr, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward Looking StatementThis announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p> |
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Amazon.com Jewelry Store Launches New Custom Diamond Ring Creator; Customers Can Now Choose their Own Loose Diamond, Setting Style and Precious Metal to Create the Perfect Diamond Ring and Buy it at the Best Possible Price--Online or Offline | /news/news-details/2005/Amazon.com-Jewelry-Store-Launches-New-Custom-Diamond-Ring-Creator-Customers-Can-Now-Choose-their-Own-Loose-Diamond-Setting-Style-and-Precious-Metal-to-Create-the-Perfect-Diamond-Ring-and-Buy-it-at-the-Best-Possible-Price--Online-or-Offline/default.aspx | Amazon.com-Jewelry-Store-Launches-New-Custom-Diamond-Ring-Creator-Customers-Can-Now-Choose-their-Own-Loose-Diamond-Setting-Style-and-Precious-Metal-to-Create-the-Perfect-Diamond-Ring-and-Buy-it-at-the-Best-Possible-Price--Online-or-Offline | 4,611 | 08/02/2005 09:02:00 | Amazon.com Jewelry Store Launches New Custom Diamond Ring Creator; Customers Can Now Choose their Own Loose Diamond, Setting Style and Precious Metal to Create the Perfect Diamond Ring and Buy it at the Best Possible Price--Online or Offline | 08/02/2005 | 2005 | SEATTLE--(BUSINESS WIRE)--Aug. 2, 2005--Amazon.com, Inc. (NASDAQ:AMZN) today announced that customers can now create their own custom diamond rings in the Amazon.com Jewelry & Watches store (www.amazon.com/jewelry). Create Your Own Ring is a versatile, easy-to-use online tool that enables customers to be more deeply involved in the important process of discovering the perfect diamond ring.
"Selecting a diamond engagement ring is a watershed event in customers' lives, and Amazon's Create Your Own Ring enhances that experience by allowing customers to take a more active role in the creation of a special piece," said Russ Grandinetti, vice president, Amazon.com Jewelry. "Create Your Own Ring allows customers to experiment with placing diamonds of varying shapes and sizes into assorted settings and precious metals--it's very easy and a lot of fun."
Using Create Your Own Ring, customers can quickly and easily select from a large inventory of loose diamonds of various shapes and sizes, and virtually set their stone of choice into one of more than 200 setting styles. Setting styles are available in platinum, 14 or 18 karat white or yellow gold, and white and yellow gold combinations. Because Amazon.com does not incur many of the operational costs of a traditional jewelry retailer, the company is able to offer these rings, and all of its fine jewelry, at the lowest possible prices--online or offline.
Create Your Own Ring customers can choose from:-- An inventory of more than 17,000 loose diamonds ranging from .25 carat weight to more than five carats.-- Eight diamond shapes including Round, Princess, Marquis, Emerald, Radiant, Pear, Oval and Heart.-- Forty distinct varieties of solitaire, side-stone, bezel, vintage and gemstone styles.-- Platinum, 14 or 18 karat white or yellow gold, and white and yellow gold combinations.
Create Your Own Ring was developed by Amazon's technical, usability and jewelry experts to offer customers the easiest and most versatile ring-design tool online. With more than one million possible ring combinations available on Amazon.com, Create Your Own Ring helps customers navigate the vast selection, quickly zero in on their favorites, and make the best purchasing decision based on their needs. Helpful information on all aspects of buying a diamond ring is built into every step of the ring creation process, so customers need not visit a separate learning center for detailed guidance and information.
Each diamond sold by Amazon.com is certified by the most respected labs and then inspected by Amazon.com's own jewelry professionals to verify quality attributes and ensure an excellent product. Diamonds arrive in an elegant finished-wood jewelry box accompanied by a diamond grading report and information about how to care for the stone.
About Amazon.com
Amazon.com (NASDAQ:AMZN), a Fortune 500 company based in Seattle, opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer customers the lowest possible prices. Amazon.com and third-party sellers offer millions of unique new, refurbished, and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail websites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.co.jp, www.amazon.fr, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
CONTACT: Amazon.com, Inc.Jani Strand or Tracy Ogden, 206-266-7180SOURCE: Amazon.com, Inc. | <p>SEATTLE--(BUSINESS WIRE)--Aug. 2, 2005--Amazon.com, Inc. (NASDAQ:AMZN) today announced that customers can now create their own custom diamond rings in the Amazon.com Jewelry & Watches store (www.amazon.com/jewelry). Create Your Own Ring is a versatile, easy-to-use online tool that enables customers to be more deeply involved in the important process of discovering the perfect diamond ring.</p><p>"Selecting a diamond engagement ring is a watershed event in customers' lives, and Amazon's Create Your Own Ring enhances that experience by allowing customers to take a more active role in the creation of a special piece," said Russ Grandinetti, vice president, Amazon.com Jewelry. "Create Your Own Ring allows customers to experiment with placing diamonds of varying shapes and sizes into assorted settings and precious metals--it's very easy and a lot of fun."</p><p>Using Create Your Own Ring, customers can quickly and easily select from a large inventory of loose diamonds of various shapes and sizes, and virtually set their stone of choice into one of more than 200 setting styles. Setting styles are available in platinum, 14 or 18 karat white or yellow gold, and white and yellow gold combinations. Because Amazon.com does not incur many of the operational costs of a traditional jewelry retailer, the company is able to offer these rings, and all of its fine jewelry, at the lowest possible prices--online or offline.</p><p>Create Your Own Ring customers can choose from:-- An inventory of more than 17,000 loose diamonds ranging from .25 carat weight to more than five carats.-- Eight diamond shapes including Round, Princess, Marquis, Emerald, Radiant, Pear, Oval and Heart.-- Forty distinct varieties of solitaire, side-stone, bezel, vintage and gemstone styles.-- Platinum, 14 or 18 karat white or yellow gold, and white and yellow gold combinations.</p><p>Create Your Own Ring was developed by Amazon's technical, usability and jewelry experts to offer customers the easiest and most versatile ring-design tool online. With more than one million possible ring combinations available on Amazon.com, Create Your Own Ring helps customers navigate the vast selection, quickly zero in on their favorites, and make the best purchasing decision based on their needs. Helpful information on all aspects of buying a diamond ring is built into every step of the ring creation process, so customers need not visit a separate learning center for detailed guidance and information.</p><p>Each diamond sold by Amazon.com is certified by the most respected labs and then inspected by Amazon.com's own jewelry professionals to verify quality attributes and ensure an excellent product. Diamonds arrive in an elegant finished-wood jewelry box accompanied by a diamond grading report and information about how to care for the stone.</p><p>About Amazon.com</p><p>Amazon.com (NASDAQ:AMZN), a Fortune 500 company based in Seattle, opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer customers the lowest possible prices. Amazon.com and third-party sellers offer millions of unique new, refurbished, and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven retail websites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.co.jp, www.amazon.fr, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>CONTACT: Amazon.com, Inc.Jani Strand or Tracy Ogden, 206-266-7180SOURCE: Amazon.com, Inc.</p> |
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Eight-Time World Cup Champion Skateboarder Andy Macdonald Rides New Andy Mac 'Zon' This Season; Board Available Exclusively on Amazon.com for $59.99 | /news/news-details/2005/Eight-Time-World-Cup-Champion-Skateboarder-Andy-Macdonald-Rides-New-Andy-Mac-Zon-This-Season-Board-Available-Exclusively-on-Amazon.com-for-59.99/default.aspx | Eight-Time-World-Cup-Champion-Skateboarder-Andy-Macdonald-Rides-New-Andy-Mac-Zon-This-Season-Board-Available-Exclusively-on-Amazon.com-for-59.99 | 4,614 | 07/29/2005 08:02:00 | Eight-Time World Cup Champion Skateboarder Andy Macdonald Rides New Andy Mac 'Zon' This Season; Board Available Exclusively on Amazon.com for $59.99 | 07/29/2005 | 2005 | SEATTLE--(BUSINESS WIRE)--July 29, 2005-- Newest Skateboard from Andy Mac and Skate One Now Available in Amazon.com's Sports & Outdoors Store
Eight-time World Cup champion skateboarder Andy Macdonald and leading skateboard manufacturer Skate One Corp. today unveiled the Andy Mac Zon, the third and newest board in the Andy Mac Skateboard line. The Andy Mac Zon is now available for advance order exclusively in Amazon.com's Sports & Outdoors Store (www.amazon.com/sports). Amazon.com is offering the board for $59.99; it will be shipped to customers August 1, 2005.
The eight-time World Cup champion and X-Games gold medalist is also currently riding the Zon in the 17-city Boom Boom Huck Jam, which kicked off June 17 and runs through July 31.
With the Zon, Andy Macdonald continues his tradition of creating competition-quality boards at entry-level prices. The new board, in development for two years, was designed to Andy Macdonald's competition specifications with the goal of making a "true" skateboard easily accessible to entry-level skaters of any age. Unlike the inexpensive "toy" skateboards most young first-time skaters purchase, the Zon is responsive to the rider and has professional-grade wheels that roll and grip smoothly.
"With this board we have achieved a level of quality unheard of at this price," said Andy Macdonald. "Amazon.com is the logical place to sell the Zon -- not only do its customers expect to find quality products at great prices, but Amazon also has a unique ability to really educate customers about how the Zon differs from other boards available in the same price range."
"We're thrilled to work with Andy Macdonald to make the Andy Mac Zon available to our tens of millions of customers," said Jason Goldberger, director of Amazon's Sports & Outdoors Store. "Andy Macdonald's philosophy about skateboards is perfectly aligned with our philosophy about serving customers -- they should never have to choose between a great experience and low prices."
"We have worked with Andy for the last seven years," said Michael Furukawa, promotions manager for Skate One. "He understands his audience, and we are happy to team up with him and Amazon to bring a high-quality, value-priced complete skateboard to his many fans. Enjoy the roll."
Featuring graphics by Andy Macdonald, the Andy Mac Zon is made of top-quality North American hard rock maple and cold-fused together using high-impulse, water-resistant glue in proprietary AirLam presses. The wheels are composed of high-rebound, hand-cast polyurethane for great roll and grip, and the professional-quality skate bearings are cast aluminum with carbon steel kingpins and axles. High-rebound polyurethane bushings make turning easy and smooth. The Zon is 7.625 inches by 31.5 inches and weighs 6 pounds.
The Andy Mac Zon Skateboard is eligible for Amazon.com's Super Saver Shipping, which is free on orders over $25 shipped to a single U.S. address. Amazon Prime members receive free two-day shipping and next-day shipping for $3.99. For more information, visit www.amazon.com/prime.
About Andy Macdonald
Andy Macdonald is an eight-time World Cup Skateboarding overall points champion and an eight-time X-Games gold medalist and has set a Guinness world record for his skateboard ramp jump of almost 57 feet. He was also honored by President Bill Clinton at the White House for his participation in the Partnership for a Drug-Free America, and his image has been published on a U.S. postage stamp.
About Skate One
Skate One has been manufacturing high-quality skateboard components for almost 29 years. Recognized as a leader in the skateboard industry, Skate One manufactures and distributes the following skateboard brands: Powell Skateboards, Powell Classic, Powell Peralta, BONES Wheels, Mini Logo, Bones Bearings, Surf One, Andy Macdonald Skateboards, Angelboy Skateboards and Powell Golden Dragon.
About Amazon.com
Amazon.com, Inc. (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward-Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, the outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
CONTACT: Amazon.com Media RelationsKristin Mariani, 206-266-7180SOURCE: Amazon.com | <p>SEATTLE--(BUSINESS WIRE)--July 29, 2005-- Newest Skateboard from Andy Mac and Skate One Now Available in Amazon.com's Sports & Outdoors Store</p><p>Eight-time World Cup champion skateboarder Andy Macdonald and leading skateboard manufacturer Skate One Corp. today unveiled the Andy Mac Zon, the third and newest board in the Andy Mac Skateboard line. The Andy Mac Zon is now available for advance order exclusively in Amazon.com's Sports & Outdoors Store (www.amazon.com/sports). Amazon.com is offering the board for $59.99; it will be shipped to customers August 1, 2005.</p><p>The eight-time World Cup champion and X-Games gold medalist is also currently riding the Zon in the 17-city Boom Boom Huck Jam, which kicked off June 17 and runs through July 31.</p><p>With the Zon, Andy Macdonald continues his tradition of creating competition-quality boards at entry-level prices. The new board, in development for two years, was designed to Andy Macdonald's competition specifications with the goal of making a "true" skateboard easily accessible to entry-level skaters of any age. Unlike the inexpensive "toy" skateboards most young first-time skaters purchase, the Zon is responsive to the rider and has professional-grade wheels that roll and grip smoothly.</p><p>"With this board we have achieved a level of quality unheard of at this price," said Andy Macdonald. "Amazon.com is the logical place to sell the Zon -- not only do its customers expect to find quality products at great prices, but Amazon also has a unique ability to really educate customers about how the Zon differs from other boards available in the same price range."</p><p>"We're thrilled to work with Andy Macdonald to make the Andy Mac Zon available to our tens of millions of customers," said Jason Goldberger, director of Amazon's Sports & Outdoors Store. "Andy Macdonald's philosophy about skateboards is perfectly aligned with our philosophy about serving customers -- they should never have to choose between a great experience and low prices."</p><p>"We have worked with Andy for the last seven years," said Michael Furukawa, promotions manager for Skate One. "He understands his audience, and we are happy to team up with him and Amazon to bring a high-quality, value-priced complete skateboard to his many fans. Enjoy the roll."</p><p>Featuring graphics by Andy Macdonald, the Andy Mac Zon is made of top-quality North American hard rock maple and cold-fused together using high-impulse, water-resistant glue in proprietary AirLam presses. The wheels are composed of high-rebound, hand-cast polyurethane for great roll and grip, and the professional-quality skate bearings are cast aluminum with carbon steel kingpins and axles. High-rebound polyurethane bushings make turning easy and smooth. The Zon is 7.625 inches by 31.5 inches and weighs 6 pounds.</p><p>The Andy Mac Zon Skateboard is eligible for Amazon.com's Super Saver Shipping, which is free on orders over $25 shipped to a single U.S. address. Amazon Prime members receive free two-day shipping and next-day shipping for $3.99. For more information, visit www.amazon.com/prime.</p><p>About Andy Macdonald</p><p>Andy Macdonald is an eight-time World Cup Skateboarding overall points champion and an eight-time X-Games gold medalist and has set a Guinness world record for his skateboard ramp jump of almost 57 feet. He was also honored by President Bill Clinton at the White House for his participation in the Partnership for a Drug-Free America, and his image has been published on a U.S. postage stamp.</p><p>About Skate One</p><p>Skate One has been manufacturing high-quality skateboard components for almost 29 years. Recognized as a leader in the skateboard industry, Skate One manufactures and distributes the following skateboard brands: Powell Skateboards, Powell Classic, Powell Peralta, BONES Wheels, Mini Logo, Bones Bearings, Surf One, Andy Macdonald Skateboards, Angelboy Skateboards and Powell Golden Dragon.</p><p>About Amazon.com</p><p>Amazon.com, Inc. (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward-Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, the outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>CONTACT: Amazon.com Media RelationsKristin Mariani, 206-266-7180SOURCE: Amazon.com</p> |
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Amazon.com Announces Record Free Cash Flow Fueled by Lower Prices and Free Shipping for Customers | /news/news-details/2005/Amazon.com-Announces-Record-Free-Cash-Flow-Fueled-by-Lower-Prices-and-Free-Shipping-for-Customers/default.aspx | Amazon.com-Announces-Record-Free-Cash-Flow-Fueled-by-Lower-Prices-and-Free-Shipping-for-Customers | 4,619 | 07/26/2005 16:03:00 | Amazon.com Announces Record Free Cash Flow Fueled by Lower Prices and Free Shipping for Customers | 07/26/2005 | 2005 | Adobe® Acrobat® Reader® required to view pdf files. To download a free a copy, click here.To save pdf files, please click on diskette icon on the Adobe® Acrobat® Reader® nav bar.
SEATTLE--(BUSINESS WIRE)--July 26, 2005--Amazon.com, Inc. (NASDAQ:AMZN) today announced financial results for its second quarter ended June 30, 2005.
Operating cash flow grew 52% to $624 million for the trailing twelve months, compared with $410 million for the trailing twelve months ended June 30, 2004. Free cash flow grew 37% to $486 million for the trailing twelve months, compared with $354 million for the trailing twelve months ended June 30, 2004.
Common shares outstanding plus shares underlying stock-based awards outstanding totaled 438 million at June 30, 2005, compared with 434 million a year ago.
Net sales increased 26% to $1.75 billion in the second quarter, compared with $1.39 billion in second quarter 2004. Excluding the $25 million benefit from year-over-year changes in foreign exchange rates throughout the quarter, net sales grew 25% compared with second quarter 2004.
Operating income increased 21% to $104 million in the second quarter, compared with $86 million in second quarter 2004. As previously announced, the Company chose to adopt SFAS 123(R), the new accounting rules on stock-based compensation, earlier than required, effective January 1, 2005. Excluding the more than $5 million impact on the quarter's results from this adoption, operating income would have grown 27% to $110 million. Operating income benefited by $2 million from year-over-year changes in foreign exchange rates throughout the quarter.
Net income was $52 million in the second quarter, or $0.12 per diluted share, compared with net income of $76 million, or $0.18 per diluted share in second quarter 2004, which includes $56 million in income tax expense, compared with $5 million income tax expense in second quarter 2004.
"Amazon Prime members love getting unlimited two-day shipping for free with no minimum order size," said Jeff Bezos, founder and CEO of Amazon.com. "Though expensive for the company, Amazon Prime creates a premium experience for customers who join, and as a result we hope they'll purchase more from us in the long term."
Amazon Prime, Amazon.com's first-ever membership program, was introduced February 2005. For a flat membership fee of $79 per year, Amazon Prime members get unlimited, express two-day shipping for free, with no minimum purchase requirement on over a million eligible items sold by Amazon.com. Members can order as late as 6:30 p.m. ET and still get their order the next day for only $3.99 per item, and can share the benefits of Amazon Prime with up to four family members living in their household. Sign up for Amazon Prime at www.amazon.com/prime.
"We are pleased with our $486 million of free cash flow, up 37%," said Tom Szkutak, CFO of Amazon.com. "We continue to offer lower prices and free two-day shipping for Amazon Prime members while generating additional free cash flow for our shareholders."
Highlights-- North America segment sales, representing the Company's U.S. and Canadian sites, were $960 million, up 21% from second quarter 2004. Segment operating income increased 9% to $72 million in second quarter 2005 from $66 million in second quarter 2004.-- North America Other revenue, which includes Amazon Services' Merchant.com program, doubled to $50 million in second quarter 2005.-- International segment sales, representing the Company's U.K., German, French, Japanese and Chinese sites, were $793 million, up 33% from second quarter 2004. Excluding the benefit from year-over-year changes in foreign exchange rates throughout the quarter, net sales growth was 29%. Segment operating income increased 72% to $60 million in second quarter 2005 from $35 million in second quarter 2004.-- On a trailing twelve month basis, International segment sales increased to 45% of worldwide net sales, up from 42% for the trailing twelve months ended June 30, 2004.-- Worldwide Electronics & Other General Merchandise sales grew 40% to $456 million, and increased to 26% of worldwide net sales, compared with 23% for second quarter 2004.-- The Company received orders for more than 1.5 million copies of Harry Potter and the Half-Blood Prince worldwide in advance of its July 16 release, making it Amazon.com's largest new product release.-- The Company's U.K. and German sites -- Amazon.co.uk and Amazon.de -- recently launched Search Inside the Book, enabling customers to preview the text inside hundreds of thousands of books.-- Amazon.de also introduced a new DVD rental service with subscription plans that start from just EUR 9.99 per month. Rental members also receive an extra 5% discount off Amazon.de's already low prices on their DVD purchases.Financial Guidance
The following forward-looking statements reflect Amazon.com's expectations as of July 26, 2005. Results may be materially affected by many factors, such as fluctuations in foreign exchange rates, changes in global economic conditions and consumer spending, world events, the rate of growth of the Internet and online commerce, and the various factors detailed below.
Third Quarter 2005 Guidance-- Net sales are expected to be between $1.76 billion and $1.91 billion, or grow between 20% and 31%, compared with third quarter 2004.-- Operating income is expected to be between $60 million and $90 million, or between (26%) decline and 11% growth, compared with third quarter 2004. This guidance includes stock-based compensation of $35 million, including the impact from the Company's January 1, 2005 early adoption of SFAS 123(R), and assumes, among other things, that no additional intangible assets are recorded, and that there are no further revisions to restructuring-related estimates.Full Year 2005 Expectations-- Net sales are expected to be between $8.275 billion and $8.675 billion, or grow between 20% and 25%, compared with 2004.-- Operating income is expected to be between $415 million and $515 million, or between (6%) decline and 17% growth, compared with 2004. This expectation includes stock-based compensation of $110 million, including the impact from the Company's January 1, 2005 early adoption of SFAS 123(R), and assumes, among other things, that no additional intangible assets are recorded and that there are no further revisions to restructuring-related estimates.
A conference call will be webcast live today at 2 p.m. PT/5 p.m. ET, and will be available for at least three months at www.amazon.com/ir. This call will contain forward-looking statements and other material information regarding the Company's financial and operating results.
These forward-looking statements are inherently difficult to predict. Actual results could differ materially for a variety of reasons, including, in addition to the factors discussed above, the amount that Amazon.com invests in new business opportunities and the timing of those investments, the mix of products sold to customers, the mix of net sales derived from products as compared with services, competition, management of growth, potential fluctuations in operating results, international growth and expansion, the outcomes of legal proceedings and claims, fulfillment center optimization, risks of inventory management, seasonality, the degree to which the Company enters into, maintains and develops commercial agreements, acquisitions and strategic transactions, and risks of fulfillment throughput and productivity. Other risks and uncertainties include, among others, risk of future losses, significant indebtedness, system interruptions, consumer trends, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
Financial Measure
The following measure is defined by the Securities and Exchange Commission as a non-GAAP financial measure.
Free Cash Flow
Operating cash flow is net cash provided by (used in) operating activities, including cash outflows for interest and excluding proceeds from the exercise of stock-based employee awards. Free cash flow is operating cash flow less cash outflows for purchases of fixed assets, including internal-use software and website development. A tabular reconciliation of differences from the comparable GAAP measure -- operating cash flow -- is included in the attached "Supplemental Financial Information and Business Metrics."
About Amazon.com
Amazon.com (NASDAQ:AMZN), a Fortune 500 company based in Seattle, opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer customers the lowest possible prices. Amazon.com and third-party sellers offer millions of unique new, refurbished, and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail websites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.co.jp, www.amazon.fr, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc. and its subsidiaries, unless the context indicates otherwise.
AMAZON.COM, INC.
Consolidated Statements of Cash Flows
(in millions)
(unaudited)
Three Months Six Months Twelve Months
Ended Ended Ended
June 30, June 30, June 30,
------------ ------------ ------------
2005 2004 2005 2004 2005 2004
------------ ------------ ------------
CASH AND CASH
EQUIVALENTS,
BEGINNING OF PERIOD $ 533 $ 769 $1,303 $1,102 $ 701 $ 642
OPERATING ACTIVITIES:
Net income 52 76 130 188 531 276
Adjustments to
reconcile net income
to net cash provided
by (used in)
operating activities:
Depreciation of fixed
assets, including
internal-use software
and website
development, and
other amortization 26 18 55 36 95 73
Stock-based
compensation 26 22 45 29 74 65
Other operating
expense (income) 2 (7) 3 (8) 2 (7)
Losses (gains) on
sales of marketable
securities, net - - - (1) - (1)
Remeasurements and
other (18) (16) (32) (36) 5 11
Non-cash interest
expense and other 1 1 3 2 5 4
Deferred income taxes 44 (1) 94 (8) (154) (8)
Cumulative effect of
change in accounting
principle - - (26) - (26) -
Changes in operating
assets and
liabilities:
Inventories 13 (5) 85 8 (93) (96)
Accounts receivable,
net and other current
assets 9 (5) 19 10 8 (24)
Accounts payable 54 23 (370) (233) 150 115
Accrued expenses and
other current
liabilities 7 10 (25) (62) 21 8
Additions to unearned
revenue 38 27 66 50 125 104
Amortization of
previously unearned
revenue (31) (25) (56) (49) (113) (104)
Interest payable 21 25 (41) (34) (6) (6)
----- ----- ------ ------ ------- -----
Net cash provided by
(used in) operating
activities 244 143 (50) (108) 624 410
INVESTING ACTIVITIES:
Purchases of fixed
assets, including
internal-use
software and website
development (46) (14) (73) (24) (138) (56)
Sales and maturities
of marketable
securities and other
investments 142 43 490 612 1,305 866
Purchases of
marketable securities (235) (251) (738) (755) (1,568) (948)
Proceeds from sale of
subsidiary - - - - - 5
Acquisitions, net of
cash acquired (5) - (20) - (91) -
----- ----- ------ ------ ------- -----
Net cash used in
investing
activities (144) (222) (341) (167) (492) (133)
FINANCING ACTIVITIES:
Proceeds from
exercises of stock
options and other 9 20 19 35 44 106
Repayments of long-
term debt and capital
lease obligations - (1) (266) (156) (267) (367)
----- ----- ------ ------ ------- -----
Net cash provided by
(used in) financing
activities 9 19 (247) (121) (223) (261)
Foreign-currency
effect on cash and
cash equivalents (13) (8) (36) (5) 19 43
----- ----- ------ ------ ------- -----
Net increase
(decrease) in cash
and cash equivalents 96 (68) (674) (401) (72) 59
----- ----- ------ ------ ------- -----
CASH AND CASH
EQUIVALENTS, END OF
PERIOD $ 629 $ 701 $ 629 $ 701 $ 629 $ 701
===== ===== ====== ====== ======= =====
SUPPLEMENTAL CASH FLOW
INFORMATION:
Cash paid for interest $ - $ - $ 84 $ 86 $ 105 $ 119
Cash paid for income
taxes 1 1 5 1 8 2
AMAZON.COM, INC.
Consolidated Statements of Operations
(in millions, except per share data)
(unaudited)
Three Months Six Months
Ended Ended
June 30, June 30,
------------- ------------
2005 2004 2005 2004
------------- ------------
Net sales $1,753 $1,387 $3,655 $2,918
Cost of sales 1,303 1,046 2,746 2,216
------ ------ ------ ------
Gross profit 450 341 909 702
Operating expenses (1):
Fulfillment 158 126 324 255
Marketing 42 34 87 68
Technology and content 106 71 198 130
General and administrative 38 31 85 60
Other operating expense (income) 2 (7) 3 (8)
------ ------ ------ ------
Total operating expenses 346 255 697 505
------ ------ ------ ------
Income from operations 104 86 212 197
Interest income 9 5 18 11
Interest expense (22) (26) (48) (54)
Other income (expense), net (1) - 2 1
Remeasurements and other 18 16 32 36
------ ------ ------ ------
Total non-operating income
(expense) 4 (5) 4 (6)
------ ------ ------ ------
Income before income taxes 108 81 216 191
Provision for income taxes 56 5 112 3
------ ------ ------ ------
Income before cumulative effect of
change in accounting principle 52 76 104 188
Cumulative effect of change in
accounting principle - - 26 -
------ ------ ------ ------
Net income $ 52 $ 76 $ 130 $ 188
====== ====== ====== ======
Basic earnings per share:
Prior to cumulative effect of change
in accounting principle $ 0.13 $ 0.19 $ 0.25 $ 0.46
Cumulative effect of change in
accounting principle - - 0.07 -
------ ------ ------ ------
$ 0.13 $ 0.19 $ 0.32 $ 0.46
====== ====== ====== ======
Diluted earnings per share:
Prior to cumulative effect of change
in accounting principle $ 0.12 $ 0.18 $ 0.24 $ 0.44
Cumulative effect of change in
accounting principle - - 0.07 -
------ ------ ------ ------
$ 0.12 $ 0.18 $ 0.31 $ 0.44
====== ====== ====== ======
Weighted average shares used in
computation of earnings per share:
Basic 411 405 410 404
====== ====== ====== ======
Diluted 425 425 425 425
====== ====== ====== ======
(1) Includes stock-based compensation
as follows:
Fulfillment $ 5 $ 3 $ 8 $ 4
Marketing 2 2 3 3
Technology and content 13 13 23 16
General and administrative 6 4 11 6
------ ------ ------ ------
$ 26 $ 22 $ 45 $ 29
====== ====== ====== ======
AMAZON.COM, INC.
Segment Information
(in millions)
(unaudited)
Three Months Six Months
Ended Ended
June 30, June 30,
------------- ------------
2005 2004 2005 2004
------------- ------------
North America
Net sales $ 960 $ 791 $1,987 $1,639
Cost of sales 682 571 1,430 1,193
------ ------ ------ ------
Gross profit 278 220 557 446
Direct segment operating expenses (1) 206 154 420 304
------ ------ ------ ------
Segment operating income 72 66 137 142
International
Net sales 793 596 1,668 1,279
Cost of sales 621 475 1,316 1,023
------ ------ ------ ------
Gross profit 172 121 352 256
Direct segment operating expenses (1) 112 86 229 180
------ ------ ------ ------
Segment operating income 60 35 123 76
Consolidated
Net sales 1,753 1,387 3,655 2,918
Cost of sales 1,303 1,046 2,746 2,216
------ ------ ------ ------
Gross profit 450 341 909 702
Direct segment operating expenses 318 240 649 484
------ ------ ------ ------
Segment operating income 132 101 260 218
Stock-based compensation (26) (22) (45) (29)
Other operating income (expense) (2) 7 (3) 8
------ ------ ------ ------
Income from operations 104 86 212 197
Total non-operating income (expense),
net 4 (5) 4 (6)
Provision for income taxes (56) (5) (112) (3)
Cumulative effect of change in
accounting principle - - 26 -
------ ------ ------ ------
Net income $ 52 $ 76 $ 130 $ 188
====== ====== ====== ======
Segment Highlights:
Y/Y net sales growth:
North America 21% 13% 21% 16%
International 33 50 30 65
Consolidated 26 26 25 34
Y/Y gross profit growth:
North America 27% 16% 25% 18%
International 42 45 37 53
Consolidated 32 25 29 29
Y/Y segment operating income growth:
North America 9% 21% (3%) 33%
International 72 177 61 169
Consolidated 31 50 20 62
Net sales mix:
North America 55% 57% 54% 56%
International 45 43 46 44
(1) A significant majority of our costs for "Technology and
content" are incurred in the United States and most of these
costs are allocated to our North America segment.
AMAZON.COM, INC.
Supplemental Net Sales Information
(in millions)
(unaudited)
Three Months Six Months
Ended Ended
June 30, June 30,
------------ ------------
2005 2004 2005 2004
------------ ------------
North America
Media $ 632 $ 541 $1,331 $1,141
Electronics and other general
merchandise 278 226 559 450
Other 50 24 97 48
------ ------ ------ ------
960 791 1,987 1,639
International
Media 614 496 1,289 1,072
Electronics and other general
merchandise 178 99 377 206
Other 1 1 2 1
------ ------ ------ ------
793 596 1,668 1,279
Consolidated
Media 1,246 1,037 2,620 2,213
Electronics and other general
merchandise 456 325 936 656
Other 51 25 99 49
------ ------ ------ ------
$1,753 $1,387 $3,655 $2,918
====== ====== ====== ======
Y/Y Net Sales Growth:
North America:
Media 17% 9% 17% 12%
Electronics and other general
merchandise 23 27 24 30
Other 105 (6) 100 6
International:
Media 24% 35% 20% 48%
Electronics and other general
merchandise 80 218 83 282
Other 35 176 49 120
Consolidated:
Media 20% 20% 18% 27%
Electronics and other general
merchandise 40 56 43 64
Other 103 (4) 99 8
Consolidated Net Sales Mix:
Media 71% 75% 72% 76%
Electronics and other general
merchandise 26 23 26 22
Other 3 2 3 2
AMAZON.COM, INC.
Consolidated Balance Sheets
(in millions, except per share data)
June 30, Dec. 31, June 30,
2005 2004 2004
-------- -------- --------
ASSETS (unaudited) (unaudited)
Current assets:
Cash and cash equivalents $ 629 $ 1,303 $ 701
Marketable securities 696 476 450
------- ------- -------
Cash, cash equivalents, and
marketable securities 1,325 1,779 1,151
Inventories 383 480 284
Deferred tax assets, current portion 63 81 1
Accounts receivable, net and other
current assets 155 199 125
------- ------- -------
Total current assets 1,926 2,539 1,561
Fixed assets, net 267 246 216
Deferred tax assets, long-term portion 206 282 6
Goodwill 154 139 69
Other assets 48 42 36
------- ------- -------
Total assets $ 2,601 $ 3,248 $ 1,888
======= ======= =======
LIABILITIES AND STOCKHOLDERS' DEFICIT
Current liabilities:
Accounts payable $ 735 $ 1,142 $ 585
Accrued expenses and other current
liabilities 317 361 250
Unearned revenue 52 41 39
Interest payable 32 74 40
Current portion of long-term debt
and other 8 2 2
------- ------- -------
Total current liabilities 1,144 1,620 916
Long-term debt and other 1,521 1,855 1,763
Commitments and contingencies
Stockholders' deficit:
Preferred stock, $0.01 par value:
Authorized shares -- 500
Issued and outstanding shares --
none - - -
Common stock, $0.01 par value:
Authorized shares -- 5,000
Issued and outstanding shares --
412, 410 and 407 shares 4 4 4
Additional paid-in capital 2,161 2,123 1,963
Accumulated other comprehensive
income 27 32 29
Accumulated deficit (2,256) (2,386) (2,787)
------- ------- -------
Total stockholders' deficit (64) (227) (791)
------- ------- -------
Total liabilities and
stockholders' deficit $ 2,601 $ 3,248 $ 1,888
======= ======= =======
AMAZON.COM, INC.
Supplemental Financial Information and Business Metrics
(in millions, except per share data)
(unaudited)
----------------------------------------------------------------------
Y/Y %
Q2 2004 Q3 2004 Q4 2004 Q1 2005 Q2 2005 Change
------------------------------------------------
Cash Flows and Shares
Operating cash flow
-- trailing twelve
months (TTM) $ 410 $ 490 $ 567 $ 523 $ 624 52%
Purchase of fixed
assets (incl.
internal-use
software & website
development) -- TTM $ 56 $ 70 $ 89 $ 106 $ 138 146%
Free cash flow
(operating cash flow
less purchases of
fixed assets) -- TTM $ 354 $ 420 $ 477 $ 417 $ 486 37%
Common shares and
stock-based awards
outstanding 434 434 434 434 438 1%
Common shares
outstanding 407 407 410 411 412 1%
Stock-based awards
outstanding 27 27 25 24 26 (5%)
Stock-based awards
outstanding -- % of
common shares
outstanding 6.7% 6.5% 6.0% 5.7% 6.3% N/A
Results of Operations
Worldwide (WW) net
sales $1,387 $1,462 $2,541 $ 1,902 $1,753 26%
WW net sales -- Y/Y
growth, excluding
the effect of
foreign exchange
rates 21.9% 23.9% 26.2% 22.3% 24.6% N/A
WW net sales -- TTM $5,998 $6,326 $6,921 $ 7,292 $7,658 28%
Gross profit $ 341 $ 356 $ 544 $ 458 $ 450 32%
Gross margin -- % of
WW net sales 24.6% 24.3% 21.4% 24.1% 25.7% N/A
Gross profit -- TTM $1,415 $1,484 $1,602 $ 1,700 $1,809 28%
Gross margin -- TTM %
of WW net sales 23.6% 23.5% 23.1% 23.3% 23.6% N/A
Fulfillment costs,
excluding stock-
based compensation
-- % of WW net sales 8.8% 9.3% 8.0% 8.6% 8.7% N/A
Fulfillment costs,
excluding stock-
based compensation
-- TTM % of WW net
sales 8.6% 8.6% 8.5% 8.6% 8.6% N/A
Operating income $ 86 $ 81 $ 162 $ 108 $ 104 21%
Operating margin -- %
of WW net sales 6.2% 5.6% 6.4% 5.7% 6.0% N/A
Operating income --
TTM $ 386 $ 416 $ 440 $ 438 $ 456 18%
Operating margin --
TTM % of WW net
sales 6.4% 6.6% 6.4% 6.0% 6.0% N/A
Net income (a) $ 76 $ 54 $ 347 $ 78 $ 52 (32%)
Net income per
diluted share (a) $ 0.18 $ 0.13 $ 0.82 $ 0.18 $ 0.12 (32%)
Net income --
TTM (a) $ 276 $ 315 $ 588 $ 555 $ 531 92%
Net income per
diluted share -- TTM
(a) $ 0.65 $ 0.74 $ 1.39 $ 1.31 $ 1.25 92%
Segments
North America
Segment:
Net sales $ 791 $ 816 $1,392 $ 1,027 $ 960 21%
Net sales -- Y/Y
growth, excluding
the effect of
foreign exchange
rates 12.7% 15.0% 21.8% 21.1% 21.0% N/A
Net sales -- TTM $3,490 $3,597 $3,847 $ 4,027 $4,195 20%
Gross profit $ 220 $ 223 $ 355 $ 279 $ 278 27%
Gross margin -- %
of North America
net sales 27.7% 27.4% 25.5% 27.2% 29.0% N/A
Gross profit -- TTM $ 935 $ 958 $1,024 $ 1,077 $1,135 21%
Gross margin -- TTM
% of North America
net sales 26.8% 26.6% 26.6% 26.7% 27.1% N/A
Operating income $ 66 $ 57 $ 122 $ 66 $ 72 9%
Operating margin --
% of North America
net sales 8.3% 7.0% 8.8% 6.4% 7.5% N/A
Operating income --
TTM $ 318 $ 313 $ 321 $ 311 $ 317 (0%)
Operating margin --
TTM % of North
America net sales 9.1% 8.7% 8.3% 7.7% 7.6% N/A
International
Segment:
Net sales $ 596 $ 646 $1,149 $ 875 $ 793 33%
Net sales -- Y/Y
growth, excluding
the effect of
foreign exchange
rates 38.1% 38.9% 32.5% 23.8% 29.3% N/A
Net sales -- TTM $2,508 $2,729 $3,074 $ 3,265 $3,463 38%
Net sales -- TTM %
of WW net sales 41.8% 43.1% 44.4% 44.8% 45.2% N/A
Gross profit $ 121 $ 132 $ 190 $ 180 $ 172 42%
Gross margin -- %
of International
net sales 20.4% 20.5% 16.5% 20.5% 21.7% N/A
Gross profit -- TTM $ 479 $ 527 $ 578 $ 623 $ 674 41%
Gross margin -- TTM
% of International
net sales 19.1% 19.3% 18.8% 19.1% 19.5% N/A
Operating income $ 35 $ 38 $ 55 $ 63 $ 60 72%
Operating margin --
% of International
net sales 5.9% 5.8% 4.8% 7.2% 7.6% N/A
Operating income --
TTM $ 126 $ 153 $ 169 $ 190 $ 216 71%
Operating margin --
TTM % of
International net
sales 5.0% 5.6% 5.5% 5.8% 6.2% N/A
----------------------------------------------------------------------
Note: The attached "Financial and Operational Summary" is an integral
part of this Supplemental Financial Information and Business
Metrics.
(a) Q4 2004 net income includes a $244 million benefit from realizing
a deferred tax asset related primarily to net operating loss
carryforwards attributable to continuing operations; 2005 net
income includes a $56 million tax expense for Q1 2005 and a $56
million tax expense for Q2 2005 primarily due to taxable income
resulting from the transfer of certain operating assets from U.S.
to international locations.
AMAZON.COM, INC.
Supplemental Financial Information and Business Metrics
(in millions, except inventory turnover, accounts payable days, and
employee data)
(unaudited)
----------------------------------------------------------------------
Y/Y %
Q2 2004 Q3 2004 Q4 2004 Q1 2005 Q2 2005 Change
------------------------------------------------
Segments (continued)
Consolidated
Segments:
Operating expenses $ 240 $ 261 $ 367 $ 330 $ 318 33%
Operating expenses
-- TTM $ 970 $1,019 $1,112 $1,198 $ 1,276 32%
Operating income $ 101 $ 95 $ 177 $ 129 $ 132 31%
Operating margin --
% of consolidated
sales 7.3% 6.5% 7.0% 6.8% 7.5% N/A
Operating income --
TTM $ 444 $ 466 $ 490 $ 502 $ 533 20%
Operating margin --
TTM % of
consolidated net
sales 7.4% 7.4% 7.1% 6.9% 7.0% N/A
Supplemental North
America Segment Net
Sales:
Media $ 541 $ 564 $ 885 $ 699 $ 632 17%
Media -- TTM $2,394 $2,455 $2,589 $2,690 $ 2,780 16%
Electronics and
other general
merchandise $ 226 $ 229 $ 449 $ 281 $ 278 23%
Electronics and
other general
merchandise -- TTM $ 983 $1,031 $1,128 $1,185 $ 1,236 26%
Electronics and
other general
merchandise -- TTM
% of North America
net sales 28% 29% 29% 29% 29% N/A
Other $ 24 $ 24 $ 58 $ 46 $ 50 105%
Other -- TTM $ 113 $ 111 $ 130 $ 153 $ 178 58%
Supplemental
International
Segment Net Sales:
Media $ 496 $ 530 $ 911 $ 675 $ 614 24%
Media -- TTM $2,129 $2,285 $2,513 $2,612 $ 2,730 28%
Electronics and
other general
merchandise $ 99 $ 116 $ 237 $ 199 $ 178 80%
Electronics and
other general
merchandise -- TTM $ 377 $ 442 $ 558 $ 651 $ 730 94%
Electronics and
other general
merchandise -- TTM
% of International
net sales 15% 16% 18% 20% 21% N/A
Other $ 1 $ 0 $ 1 $ 1 $ 1 35%
Other -- TTM $ 2 $ 2 $ 2 $ 3 $ 3 60%
Supplemental
Worldwide Net Sales:
Media $1,037 $1,094 $1,796 $1,374 $ 1,246 20%
Media -- TTM $4,523 $4,740 $5,102 $5,302 $ 5,510 22%
Electronics and
other general
merchandise $ 325 $ 344 $ 686 $ 480 $ 456 40%
Electronics and
other general
merchandise -- TTM $1,360 $1,474 $1,686 $1,835 $ 1,966 45%
Electronics and
other general
merchandise -- TTM
% of WW net sales 23% 23% 24% 25% 26% N/A
Other $ 25 $ 24 $ 59 $ 47 $ 51 103%
Other -- TTM $ 115 $ 113 $ 133 $ 156 $ 181 58%
Balance Sheet
Cash and marketable
securities $1,151 $1,185 $1,779 $1,151 $ 1,325 15%
Inventory, net --
ending $ 284 $ 357 $ 480 $ 403 $ 383 35%
Inventory -- average
inventory % of TTM
net sales 4.3% 4.6% 4.9% 5.0% 5.0% N/A
Inventory turnover,
average -- TTM 17.9 16.6 15.7 15.5 15.3 (14%)
Fixed assets, net $ 216 $ 227 $ 246 $ 245 $ 267 24%
Accounts payable days
-- ending 51 57 53 44 51 1%
Other
Employees (full-time
and part-time;
excludes contractors
& temporary
personnel) 8,200 8,800 9,000 9,400 10,200 25%
Amazon.com, Inc.
Financial and Operational Summary
(unaudited)
Quarterly Results of Operations (comparisons are with the equivalent period of the prior year, unless otherwise stated)
Net Sales-- Shipping revenue, which excludes amounts earned from third-party sellers where we don't provide fulfillment services, was $103 million, up 22% from $84 million.-- Amounts paid in advance for subscription services, including amounts received from online DVD rentals, Amazon Prime, and other membership programs, are deferred and recognized as revenue over the subscription terms.-- Amounts earned from third-party sales on our websites are recorded as net amounts.Cost of Sales-- Cost of sales consists of the purchase price of products sold by us, inbound and outbound shipping charges, packaging supplies, and service costs such as those incurred in operating and staffing our fulfillment and customer service centers on behalf of third-party sellers.-- Outbound shipping-related costs totaled $148 million, up 25% from $119 million. Net shipping loss was $45 million, up 31% from a net shipping loss of $35 million, resulting primarily from our free shipping offers and Amazon Prime.Operating Expenses-- Depreciation and amortization of fixed assets was $25 million, up from $18 million, and is classified within the corresponding operating expense categories.-- As previously announced, we chose to early-adopt SFAS 123(R), the new accounting rules on stock-based compensation, effective January 1, 2005. Stock-based compensation increased $4 million to $26 million. Stock-based compensation would have been $20 million under our prior accounting method, down $2 million versus Q2 2004.-- In accordance with SAB 107, issued March 2005, we present stock-based compensation within the same operating expense line items as cash compensation.-- Operating expenses with and without stock-based compensation are as follows:
Q2 2005 Q2 2004
-------------------------- ----------------------------
As Stock-Based As Stock-Based
Reported Compensation Net Reported Compensation Net
-------- ------------ ---- -------- ------------ ------
Operating
Expenses (in
millions):
Fulfillment $ 158 $ (5) $ 153 $ 126 $ (3) $ 123
Marketing 42 (2) 40 34 (2) 32
Technology and
content 106 (13) 93 71 (13) 58
General and
administrative 38 (6) 32 31 (4) 27
Other operating
expense (income) 2 - 2 (7) - (7)
------- ---------- ----- ------- --------- -----
Total operating
expenses $ 346 $ (26) $ 320 $ 255 $ (22) $ 233
======= ========== ===== ======= ========= =====
Year-over-Year
Percentage
Growth:
Fulfillment 25.0 % 24.5 % 12.2 % 14.2 %
Marketing 23.5 25.9 26.0 25.7
Technology and
content 48.7 59.4 8.5 12.2
General and
administrative 24.6 18.9 16.9 24.6
Percent of Net
Sales:
Fulfillment 9.0 % 8.7 % 9.1 % 8.8 %
Marketing 2.4 2.3 2.4 2.3
Technology and
content 6.0 5.3 5.1 4.2
General and
administrative 2.2 1.8 2.2 2.0
Fulfillment-- Fulfillment costs include those costs incurred in operating and staffing our fulfillment and customer service centers, including costs attributable to buying, receiving, inspecting and warehousing inventories; picking, packaging and preparing customer orders for shipment; credit card fees; and bad debt costs, including costs associated with our guarantee of certain third-party seller transactions. Fulfillment costs also include amounts paid to third parties, who assist us in fulfillment and customer service operations.-- Credit card fees associated with third-party seller transactions are assessed on the gross purchase price of underlying transactions, and therefore represent a larger percentage of our recorded net revenue than credit card fees for our retail sales. Bad debt costs, including costs associated with our guarantee program, are also higher as a percentage of recorded net revenue versus our retail sales. Accordingly, as third-party sales increase, credit card fees and bad debt costs on these sales will negatively affect fulfillment costs as a percentage of net sales.-- Fulfillment costs increased in absolute dollars from the prior year due to variable costs corresponding with sales volume, our mix of product sales, credit card fees, and bad debt costs, including costs associated with our guarantee of certain third-party seller transactions. We expanded our fulfillment capacity in 2004 and the first half of 2005 through gains in efficiencies as well as increases in leased warehouse space. We plan to continue expanding our worldwide fulfillment capacity to meet anticipated shipment volumes from sales of our own products as well as sales by third parties where we provide the fulfillment. We expect absolute amounts spent in fulfillment and fulfillment-related cost of sales to increase over time.Marketing-- Marketing efforts include targeted online marketing channels, such as our Associates and Syndicated Stores programs, sponsored search, portal advertising, e-mail campaigns and other initiatives. Our marketing expenses are largely variable, based on growth in sales and changes in rates. To the extent there is increased or decreased competition for these traffic sources, or to the extent our mix of these channels shifts, we would expect to see a corresponding change in our marketing expense. While costs associated with free shipping are not included in marketing expense, we view our free shipping offers as an effective worldwide marketing tool and intend to continue offering them indefinitely. We expect absolute amounts spent in marketing to increase over time.Technology and Content-- Technology and content expenses consist principally of payroll and related expenses for employees involved in development of our websites, including application development, editorial content, merchandising selection and systems and telecommunications support; costs associated with the systems and telecommunications infrastructure; and costs of acquired content.-- Our spending in technology and content has primarily increased as we are adding computer scientists and software engineers to continue to enhance the customer experience on our websites and those websites powered by us, and to improve our process efficiency. Additionally, we continue to invest in several areas of technology, including seller platforms, search, web services, and digital initiatives. We intend to continue investing in areas of technology and content, and expect absolute dollars spent in technology and content to increase over time as we continue to add computer scientists and software engineers to our staff.-- A significant majority of our technology costs are incurred in the U.S. and most of them are allocated to our North America segment.-- We expense costs related to the development of internal-use software and website development other than those incurred during the application development stage. Costs incurred during the application development stage are capitalized and amortized over the two-year estimated useful life of the software. We capitalized $22 million of internal-use software and website development costs, including $3 million associated with stock-based compensation, which is excluded from purchases of fixed assets on our consolidated statements of cash flows since it is stock based rather than cash, compared with $10 million a year ago. These amounts were partially offset by amortization of previously capitalized amounts of $12 million and $7 million.General and Administrative-- General and administrative costs increased due to payroll and related expenses. We expect absolute dollars spent in general and administrative to increase over time.-- In Q1 we recorded a charge of $8 million related to possible settlements of outstanding litigation, and in Q2 the favorable resolution of one of these matters resulted in a $3 million expense reduction.Stock-Based Compensation-- Prior to January 1, 2005, we accounted for stock-based awards under the intrinsic value method, which resulted in compensation expense for restricted stock and restricted stock units at grant date fair value based on the number of shares granted and the quoted price of our common stock, and for stock options to the extent option exercise prices were set below market prices on the date of grant. Also, stock options granted subsequent to December 31, 2002 and stock-based awards subject to an exchange offer, other modifications, or performance criteria, were subject to variable accounting treatment.-- As of January 1, 2005, we adopted SFAS 123(R), which requires measurement of compensation cost for stock-based awards at grant date fair value. The fair value of restricted stock and restricted stock units is determined based on the number of shares granted and the quoted price of our common stock, while the fair value of stock options is determined using a Black-Scholes valuation model. The fair value is recognized as an expense over the service period, net of estimated forfeitures, using the accelerated method under SFAS 123(R). Because we implemented SFAS 123(R), we no longer have stock awards subject to variable accounting treatment.-- Prior to our adoption of SFAS 123(R), cash retained as a result of excess tax deductions relating to stock-based compensation was presented in operating cash flows, along with other tax cash flows. SFAS 123(R) requires benefits relating to excess stock-based compensation deductions to be presented as financing cash inflows. Tax benefits resulting from stock-based compensation deductions in excess of amounts reported for financial reporting purposes were $1 million.-- Stock-based awards generally vest over service periods of between two and five years.-- Payroll tax expense resulting from exercises of stock-based awards is a cash expense and is not categorized as stock-based compensation.-- We granted stock awards, substantially all of which have been restricted stock units since October 2002, of 4 million shares at a per-share weighted-average fair value of $34. Our annual stock awards are granted in the second quarter.-- At June 30, 2005, there were 438 million common shares and stock-based awards outstanding, up 1% from 434 million at December 31, 2004. This total includes all stock-based awards outstanding, without regard for estimated forfeitures, consisting of vested and unvested awards, and in-the-money and out-of-the-money stock options.-- At June 30, 2005, there were 26 million stock awards outstanding, consisting of 16 million stock options with a $14 weighted-average exercise price and 10 million restricted stock units. At June 30, 2004 there were 28 million stock awards outstanding.Other Operating Expense (Income)-- Included in "Other operating expense (income)" are amortization of intangibles and restructuring-related expenses or credits.-- Amortization of other intangibles was $1 million, and is expected to be $3 million for the remainder of 2005, $4 million in both 2006 and 2007, and $1 million in 2008, based on intangibles as of June 30, 2005.-- We acquired certain companies in the first half of 2005 for an aggregate cash purchase price of $24 million. The excess of purchase price over the fair value of the net assets acquired was $16 million and is classified as "Goodwill" on our consolidated balance sheets. Acquired other intangibles totaled $7 million and have estimated useful lives of between one and three years. The results of operations of each of the acquired businesses have been included in our consolidated results as of the closing date of acquisition. The effect of these acquisitions on consolidated net sales and operating income was not significant for Q2.Other Income (Expense), Net-- Other expense of $1 million includes gains and losses on sales of marketable securities and foreign-currency transaction gains and losses, including the currency effect on the interest payable for our 6.875% PEACS.Remeasurements and Other-- Remeasurement of the principal amount of our 6.875% PEACS from euros to U.S. dollars resulted in a foreign-currency gain of $42 million, compared with a gain of $8 million.-- Remeasurement of foreign-currency intercompany balances that are to be repaid among subsidiaries represented a $25 million loss, compared with a loss of $7 million.-- The remeasurement of our 6.875% PEACS and intercompany balances can result in significant gains and charges associated with the effect of movements in currency exchange rates.Income Taxes and Deferred Tax Assets-- Our Q2 effective tax rate was higher than the 35% statutory rate primarily due to taxable income associated with the Q1 2005 transfer of certain operating assets from the U.S. to international locations. We expect these asset transfers to result in tax expense for financial reporting purposes above the statutory rate throughout 2005 and beneficially impact our effective tax rate over time. Since we have Net Operating Losses (NOLs), these asset transfers will not have a significant effect on cash taxes paid in 2005, which we expect to be approximately $25 million, compared with $4 million in 2004. In Q2, we paid cash taxes of $1 million, and year to date we have paid cash taxes of $5 million.-- SFAS 109 requires that deferred tax assets be evaluated for future realization and reduced by a valuation allowance to the extent we believe a portion will not be realized. We consider many factors when assessing the likelihood of future realization of our deferred tax assets including our recent cumulative earnings experience by taxing jurisdiction, expectations of future taxable income, the carry-forward periods available to us for tax reporting purposes, and other relevant factors. Significant judgment is required in making this assessment, and it is very difficult to predict when, if ever, our assessment may conclude that the remaining portion of our deferred tax assets is realizable.-- At June 30, 2005, approximately $730 million of our gross deferred tax assets were related to approximately $2.3 billion of NOLs, the majority of which expire after 2016. Our NOL deferred tax assets are reduced by a valuation allowance of approximately $510 million due to uncertainty about their future realization. The remainder of our deferred tax assets relate to temporary timing differences between tax and financial reporting.-- Substantially all of the unrealized $510 million NOL deferred tax assets, if realized, would be credited to "Stockholders' equity" rather than results of operations for financial reporting purposes since they primarily relate to tax-deductible stock-based compensation in excess of amounts recognized for financial reporting purposes.-- Classification of deferred tax assets between current and long-term asset categories is based on the expected timing of realization, and the valuation allowance is allocated ratably.Foreign Exchange-- As our financial reporting currency is the U.S. dollar, our total sales, profit, and operating and free cash flows have benefited significantly the past eleven quarters from weakness in the U.S. dollar in comparison to the currencies of our international websites. We believe it is important to also evaluate our growth rates after the effect of currency changes.-- The effect on our consolidated statements of operations from year-over-year changes in exchange rates versus the U.S. dollar throughout the period is as follows:
Q2 2005 Q2 2004
------------------------- -------------------------
At At
Prior Exchange Prior Exchange
Year Rate As Year Rate As
Rates Effect Reported Rates Effect Reported
(1) (2) (1) (2)
------- -------- -------- ------- -------- --------
(in millions, except per share amounts)
Net sales $1,728 $ 25 $1,753 $1,340 $ 47 $1,387
Gross profit 445 5 450 331 10 341
Operating expenses 343 3 346 249 6 255
Operating income 102 2 104 82 4 86
Net interest
expense and other (14) - (14) (20) (1) (21)
Remeasurements and
other (3) 1 17 18 13 3 16
Net income 43 9 52 70 6 76
Diluted earnings
per share $ 0.10 $0.02 $ 0.12 $ 0.16 $0.02 $ 0.18
(1) Represents the outcome that would have resulted had currency
exchange rates in the current period been the same as those in
effect in the comparable prior year period.
(2) Represents the increase (decrease) in reported amounts resulting
from changes in exchange rates from those in effect in the
comparable prior year period.
(3) Includes foreign-currency gains (losses) on remeasurement of
6.875% PEACS and intercompany balances, and realized
currency-related gains associated with sales of euro-denominated
investments held by a U.S. subsidiary.
Cash Flows and Balance Sheet-- Operating cash flows and free cash flows can be volatile and are sensitive to many factors, including changes in working capital. Working capital at any specific point in time is subject to many variables, including seasonality, the timing of expense payments, discounts offered by vendors, vendor payment terms, and fluctuations in foreign exchange rates.-- Our cash, cash equivalents, and marketable securities of $1.32 billion, at fair value, primarily consist of cash, commercial paper and short-term securities, corporate notes and bonds, asset-backed and agency securities, and U.S. Treasury notes and bonds. Included are amounts held in foreign currencies of $679 million, primarily in euros, British pounds, and yen.-- We have pledged $72 million of our marketable securities as collateral primarily for standby letters of credit and property leases, compared with $80 million as of June 30, 2004.-- "Accounts receivable, net and other current assets" includes accounts receivable from merchant partners, vendors and credit card companies, interest receivables and $14 million of prepaid expenses.-- "Other assets" includes, among other things, $14 million of deferred issuance costs on long-term debt, $18 million of certain equity investments and $13 million of other intangibles, net.-- "Unearned revenue" is recorded when payments are received from third parties in advance of our providing the associated service.-- Amounts related to restructuring-related leases and other commitments due within twelve months are $6 million and are included in "Accrued expenses and other current liabilities," and the remaining $7 million is included in "Long-term debt and other" on our balance sheet. These amounts are net of anticipated sublease income of $8 million.-- "Accrued expenses and other current liabilities" includes, among other things, liabilities for gift certificates, professional fees, marketing activities, and workforce costs, including accrued payroll, vacation, and other benefits.-- "Long-term debt and other" primarily includes the following (in millions):
Principal Interest Principal
at Maturity Rate Due Date
-----------------------------------
Convertible Subordinated Notes $ 900 (1) 4.750% February 2009
Premium Adjustable Convertible
Securities ("PEACS") 593 (2) 6.875% February 2010
---------
$1,493 (3)
=========
(1) Convertible at the holders' option into our common stock at
$78.0275 per share. We have the right to redeem the Convertible
Subordinated Notes, in whole or in part, at a redemption price of
101.9% of the principal, which decreases every February 1 by 47.5
basis points until maturity, plus any accrued and unpaid interest.
(2) EUR 490 million principal amount, convertible at the holders'
option into our common stock at EUR 84.883 per share ($103 per
share based on the euro/U.S. dollar exchange rate as of June 30,
2005). We have the right to redeem the PEACS, in whole or in part,
by paying the principal amount, plus any accrued and unpaid
interest. We do not hedge any portion of the PEACS. The U.S.
dollar equivalent principal, interest, and conversion price
fluctuates based on the euro/U.S. dollar exchange ratio. Due to
fluctuations in this exchange ratio, our principal debt obligation
since issuance in February 2000 has increased by $110 million as
of June 30, 2005.
(3) The "if converted" number of shares associated with our
convertible debt instruments (approximately 17 million total
shares) is excluded from diluted shares as their effect is
antidilutive.
Certain Definitions and Other-- We present segment information along two lines: North America and International. We measure operating results of our segments using an internal performance measure of direct segment operating expenses that excludes stock-based compensation and other operating expenses (income), each of which is not allocated to segment results. Other centrally incurred operating costs are fully allocated to segment results. Our operating results, particularly for the International segment, are affected by movements in foreign exchange rates.-- The North America segment consists of amounts earned from retail sales of consumer products (including from third-party sellers) through North America-focused websites such as www.amazon.com and www.amazon.ca; from North America-focused Syndicated Stores, such as www.cdnow.com; from our mail-order tool catalog phone orders; from our Amazon Prime membership program; and from non retail activities such as North America-focused Merchant.com, marketing, and promotional agreements. This segment includes export sales from www.amazon.com and www.amazon.ca.-- The International segment consists of amounts earned from retail sales of consumer products (including from third-party sellers) through International-focused websites such as www.amazon.co.uk, www.amazon.de, www.amazon.co.jp, www.amazon.fr, and since September 2004, www.joyo.com; from internationally focused Syndicated Stores; from our DVD rental service in the U.K. and DE; and from non-retail activities such as internationally focused marketing and promotional agreements. This segment includes export sales from these internationally based sites (including export sales from these sites to customers in the U.S. and Canada), but excludes export sales from www.amazon.com and www.amazon.ca.-- We provide supplemental sales information within each segment for three categories: "Media," "Electronics and other general merchandise," and "Other." Media consists of amounts earned from DVD rental and retail sales from all sellers of books, music, DVD/video, magazine subscriptions, software, video games, and video game consoles. Electronics and other general merchandise consists of amounts earned from retail sales from all sellers of items not included in Media, such as electronics and office, camera and photo, toys and baby, tools, home and garden, apparel, sports and outdoors, kitchen and housewares, gourmet food, jewelry, health and personal care, beauty, and musical instruments. The Other category consists of non retail activities, such as the Merchant.com program and miscellaneous marketing and promotional activities, such as our co-branded credit card program.-- Operating cycle is number of days of sales in inventory plus number of days of sales in accounts receivable minus accounts payable days. Accounts payable days are calculated as the quotient of accounts payable to cost of sales, multiplied by the number of days in the period. Inventory turns are calculated as the quotient of cost of sales to average inventory over five quarter ends.-- References to customers mean customer accounts, which are unique e-mail addresses, established either when a customer's initial order is shipped or when a customer orders from certain third-party sellers on our websites. Customer accounts include customers of Amazon Marketplace, Auctions and zShops, and our Merchants@, Syndicated Stores programs, but exclude DVD rental customers, customers associated with certain of our acquisitions (including Joyo.com customers), Merchant.com program customers, Amazon.com Payments customers, our catalog customers, and the customers of select companies with whom we have a technology alliance or marketing and promotional relationship. A customer is considered active when they have placed an order during the preceding twelve-month period.-- References to sellers or merchants mean active seller accounts, which are established when a seller receives an order from a customer account. Seller accounts include sellers in Amazon Marketplace, Auctions, zShops, and Merchants@ platforms, but exclude Merchant.com sellers. A seller is considered active when they have received an order during the preceding twelve-month period.-- References to units mean units sold (net of returns and cancellations) by us and third-party sellers at Amazon.com domains worldwide--such as www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.co.jp, www.amazon.fr, and www.amazon.ca--and at Syndicated Stores domains, as well as Amazon.com-owned items sold through catalogs and at non-Amazon.com domains, such as books, music, and DVD/video items ordered from Amazon.com's store at www.target.com. Units sold do not include units associated with certain of our acquisitions (including Joyo.com units), Amazon.com gift certificates or DVD rentals.
CONTACT: Amazon.comTim Stone, 206-266-2171 (Investor Relations)ir@amazon.comwww.amazon.com/irorPublic RelationsPatty Smith, 206-266-7180SOURCE: Amazon.com, Inc. | <p>Adobe® Acrobat® Reader® required to view pdf files. To download a free a copy, click here.To save pdf files, please click on diskette icon on the Adobe® Acrobat® Reader® nav bar.</p><p>SEATTLE--(BUSINESS WIRE)--July 26, 2005--Amazon.com, Inc. (NASDAQ:AMZN) today announced financial results for its second quarter ended June 30, 2005.</p><p>Operating cash flow grew 52% to $624 million for the trailing twelve months, compared with $410 million for the trailing twelve months ended June 30, 2004. Free cash flow grew 37% to $486 million for the trailing twelve months, compared with $354 million for the trailing twelve months ended June 30, 2004.</p><p>Common shares outstanding plus shares underlying stock-based awards outstanding totaled 438 million at June 30, 2005, compared with 434 million a year ago.</p><p>Net sales increased 26% to $1.75 billion in the second quarter, compared with $1.39 billion in second quarter 2004. Excluding the $25 million benefit from year-over-year changes in foreign exchange rates throughout the quarter, net sales grew 25% compared with second quarter 2004.</p><p>Operating income increased 21% to $104 million in the second quarter, compared with $86 million in second quarter 2004. As previously announced, the Company chose to adopt SFAS 123(R), the new accounting rules on stock-based compensation, earlier than required, effective January 1, 2005. Excluding the more than $5 million impact on the quarter's results from this adoption, operating income would have grown 27% to $110 million. Operating income benefited by $2 million from year-over-year changes in foreign exchange rates throughout the quarter.</p><p>Net income was $52 million in the second quarter, or $0.12 per diluted share, compared with net income of $76 million, or $0.18 per diluted share in second quarter 2004, which includes $56 million in income tax expense, compared with $5 million income tax expense in second quarter 2004.</p><p>"Amazon Prime members love getting unlimited two-day shipping for free with no minimum order size," said Jeff Bezos, founder and CEO of Amazon.com. "Though expensive for the company, Amazon Prime creates a premium experience for customers who join, and as a result we hope they'll purchase more from us in the long term."</p><p>Amazon Prime, Amazon.com's first-ever membership program, was introduced February 2005. For a flat membership fee of $79 per year, Amazon Prime members get unlimited, express two-day shipping for free, with no minimum purchase requirement on over a million eligible items sold by Amazon.com. Members can order as late as 6:30 p.m. ET and still get their order the next day for only $3.99 per item, and can share the benefits of Amazon Prime with up to four family members living in their household. Sign up for Amazon Prime at www.amazon.com/prime.</p><p>"We are pleased with our $486 million of free cash flow, up 37%," said Tom Szkutak, CFO of Amazon.com. "We continue to offer lower prices and free two-day shipping for Amazon Prime members while generating additional free cash flow for our shareholders."</p><p>Highlights-- North America segment sales, representing the Company's U.S. and Canadian sites, were $960 million, up 21% from second quarter 2004. Segment operating income increased 9% to $72 million in second quarter 2005 from $66 million in second quarter 2004.-- North America Other revenue, which includes Amazon Services' Merchant.com program, doubled to $50 million in second quarter 2005.-- International segment sales, representing the Company's U.K., German, French, Japanese and Chinese sites, were $793 million, up 33% from second quarter 2004. Excluding the benefit from year-over-year changes in foreign exchange rates throughout the quarter, net sales growth was 29%. Segment operating income increased 72% to $60 million in second quarter 2005 from $35 million in second quarter 2004.-- On a trailing twelve month basis, International segment sales increased to 45% of worldwide net sales, up from 42% for the trailing twelve months ended June 30, 2004.-- Worldwide Electronics & Other General Merchandise sales grew 40% to $456 million, and increased to 26% of worldwide net sales, compared with 23% for second quarter 2004.-- The Company received orders for more than 1.5 million copies of Harry Potter and the Half-Blood Prince worldwide in advance of its July 16 release, making it Amazon.com's largest new product release.-- The Company's U.K. and German sites -- Amazon.co.uk and Amazon.de -- recently launched Search Inside the Book, enabling customers to preview the text inside hundreds of thousands of books.-- Amazon.de also introduced a new DVD rental service with subscription plans that start from just EUR 9.99 per month. Rental members also receive an extra 5% discount off Amazon.de's already low prices on their DVD purchases.Financial Guidance</p><p>The following forward-looking statements reflect Amazon.com's expectations as of July 26, 2005. Results may be materially affected by many factors, such as fluctuations in foreign exchange rates, changes in global economic conditions and consumer spending, world events, the rate of growth of the Internet and online commerce, and the various factors detailed below.</p><p>Third Quarter 2005 Guidance-- Net sales are expected to be between $1.76 billion and $1.91 billion, or grow between 20% and 31%, compared with third quarter 2004.-- Operating income is expected to be between $60 million and $90 million, or between (26%) decline and 11% growth, compared with third quarter 2004. This guidance includes stock-based compensation of $35 million, including the impact from the Company's January 1, 2005 early adoption of SFAS 123(R), and assumes, among other things, that no additional intangible assets are recorded, and that there are no further revisions to restructuring-related estimates.Full Year 2005 Expectations-- Net sales are expected to be between $8.275 billion and $8.675 billion, or grow between 20% and 25%, compared with 2004.-- Operating income is expected to be between $415 million and $515 million, or between (6%) decline and 17% growth, compared with 2004. This expectation includes stock-based compensation of $110 million, including the impact from the Company's January 1, 2005 early adoption of SFAS 123(R), and assumes, among other things, that no additional intangible assets are recorded and that there are no further revisions to restructuring-related estimates.</p><p>A conference call will be webcast live today at 2 p.m. PT/5 p.m. ET, and will be available for at least three months at www.amazon.com/ir. This call will contain forward-looking statements and other material information regarding the Company's financial and operating results.</p><p>These forward-looking statements are inherently difficult to predict. Actual results could differ materially for a variety of reasons, including, in addition to the factors discussed above, the amount that Amazon.com invests in new business opportunities and the timing of those investments, the mix of products sold to customers, the mix of net sales derived from products as compared with services, competition, management of growth, potential fluctuations in operating results, international growth and expansion, the outcomes of legal proceedings and claims, fulfillment center optimization, risks of inventory management, seasonality, the degree to which the Company enters into, maintains and develops commercial agreements, acquisitions and strategic transactions, and risks of fulfillment throughput and productivity. Other risks and uncertainties include, among others, risk of future losses, significant indebtedness, system interruptions, consumer trends, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>Financial Measure</p><p>The following measure is defined by the Securities and Exchange Commission as a non-GAAP financial measure.</p><p>Free Cash Flow</p><p>Operating cash flow is net cash provided by (used in) operating activities, including cash outflows for interest and excluding proceeds from the exercise of stock-based employee awards. Free cash flow is operating cash flow less cash outflows for purchases of fixed assets, including internal-use software and website development. A tabular reconciliation of differences from the comparable GAAP measure -- operating cash flow -- is included in the attached "Supplemental Financial Information and Business Metrics."</p><p>About Amazon.com</p><p>Amazon.com (NASDAQ:AMZN), a Fortune 500 company based in Seattle, opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer customers the lowest possible prices. Amazon.com and third-party sellers offer millions of unique new, refurbished, and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven retail websites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.co.jp, www.amazon.fr, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc. and its subsidiaries, unless the context indicates otherwise.</p><pre> AMAZON.COM, INC. Consolidated Statements of Cash Flows (in millions) (unaudited) Three Months Six Months Twelve Months Ended Ended Ended June 30, June 30, June 30, ------------ ------------ ------------ 2005 2004 2005 2004 2005 2004 ------------ ------------ ------------CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD $ 533 $ 769 $1,303 $1,102 $ 701 $ 642OPERATING ACTIVITIES:Net income 52 76 130 188 531 276Adjustments to reconcile net income to net cash provided by (used in) operating activities: Depreciation of fixed assets, including internal-use software and website development, and other amortization 26 18 55 36 95 73 Stock-based compensation 26 22 45 29 74 65 Other operating expense (income) 2 (7) 3 (8) 2 (7) Losses (gains) on sales of marketable securities, net - - - (1) - (1) Remeasurements and other (18) (16) (32) (36) 5 11 Non-cash interest expense and other 1 1 3 2 5 4 Deferred income taxes 44 (1) 94 (8) (154) (8) Cumulative effect of change in accounting principle - - (26) - (26) -Changes in operating assets and liabilities: Inventories 13 (5) 85 8 (93) (96) Accounts receivable, net and other current assets 9 (5) 19 10 8 (24) Accounts payable 54 23 (370) (233) 150 115 Accrued expenses and other current liabilities 7 10 (25) (62) 21 8 Additions to unearned revenue 38 27 66 50 125 104 Amortization of previously unearned revenue (31) (25) (56) (49) (113) (104) Interest payable 21 25 (41) (34) (6) (6) ----- ----- ------ ------ ------- ----- Net cash provided by (used in) operating activities 244 143 (50) (108) 624 410INVESTING ACTIVITIES:Purchases of fixed assets, including internal-use software and website development (46) (14) (73) (24) (138) (56)Sales and maturities of marketable securities and other investments 142 43 490 612 1,305 866Purchases of marketable securities (235) (251) (738) (755) (1,568) (948)Proceeds from sale of subsidiary - - - - - 5Acquisitions, net of cash acquired (5) - (20) - (91) - ----- ----- ------ ------ ------- ----- Net cash used in investing activities (144) (222) (341) (167) (492) (133)FINANCING ACTIVITIES:Proceeds from exercises of stock options and other 9 20 19 35 44 106Repayments of long- term debt and capital lease obligations - (1) (266) (156) (267) (367) ----- ----- ------ ------ ------- ----- Net cash provided by (used in) financing activities 9 19 (247) (121) (223) (261)Foreign-currency effect on cash and cash equivalents (13) (8) (36) (5) 19 43 ----- ----- ------ ------ ------- ----- Net increase (decrease) in cash and cash equivalents 96 (68) (674) (401) (72) 59 ----- ----- ------ ------ ------- -----CASH AND CASH EQUIVALENTS, END OF PERIOD $ 629 $ 701 $ 629 $ 701 $ 629 $ 701 ===== ===== ====== ====== ======= =====SUPPLEMENTAL CASH FLOW INFORMATION:Cash paid for interest $ - $ - $ 84 $ 86 $ 105 $ 119Cash paid for income taxes 1 1 5 1 8 2 AMAZON.COM, INC. Consolidated Statements of Operations (in millions, except per share data) (unaudited) Three Months Six Months Ended Ended June 30, June 30, ------------- ------------ 2005 2004 2005 2004 ------------- ------------Net sales $1,753 $1,387 $3,655 $2,918Cost of sales 1,303 1,046 2,746 2,216 ------ ------ ------ ------Gross profit 450 341 909 702Operating expenses (1): Fulfillment 158 126 324 255 Marketing 42 34 87 68 Technology and content 106 71 198 130 General and administrative 38 31 85 60 Other operating expense (income) 2 (7) 3 (8) ------ ------ ------ ------ Total operating expenses 346 255 697 505 ------ ------ ------ ------Income from operations 104 86 212 197Interest income 9 5 18 11Interest expense (22) (26) (48) (54)Other income (expense), net (1) - 2 1Remeasurements and other 18 16 32 36 ------ ------ ------ ------ Total non-operating income (expense) 4 (5) 4 (6) ------ ------ ------ ------Income before income taxes 108 81 216 191Provision for income taxes 56 5 112 3 ------ ------ ------ ------Income before cumulative effect of change in accounting principle 52 76 104 188Cumulative effect of change in accounting principle - - 26 - ------ ------ ------ ------Net income $ 52 $ 76 $ 130 $ 188 ====== ====== ====== ======Basic earnings per share: Prior to cumulative effect of change in accounting principle $ 0.13 $ 0.19 $ 0.25 $ 0.46 Cumulative effect of change in accounting principle - - 0.07 - ------ ------ ------ ------ $ 0.13 $ 0.19 $ 0.32 $ 0.46 ====== ====== ====== ======Diluted earnings per share: Prior to cumulative effect of change in accounting principle $ 0.12 $ 0.18 $ 0.24 $ 0.44 Cumulative effect of change in accounting principle - - 0.07 - ------ ------ ------ ------ $ 0.12 $ 0.18 $ 0.31 $ 0.44 ====== ====== ====== ======Weighted average shares used in computation of earnings per share: Basic 411 405 410 404 ====== ====== ====== ====== Diluted 425 425 425 425 ====== ====== ====== ======(1) Includes stock-based compensation as follows: Fulfillment $ 5 $ 3 $ 8 $ 4 Marketing 2 2 3 3 Technology and content 13 13 23 16 General and administrative 6 4 11 6 ------ ------ ------ ------ $ 26 $ 22 $ 45 $ 29 ====== ====== ====== ====== AMAZON.COM, INC. Segment Information (in millions) (unaudited) Three Months Six Months Ended Ended June 30, June 30, ------------- ------------ 2005 2004 2005 2004 ------------- ------------North America Net sales $ 960 $ 791 $1,987 $1,639 Cost of sales 682 571 1,430 1,193 ------ ------ ------ ------ Gross profit 278 220 557 446 Direct segment operating expenses (1) 206 154 420 304 ------ ------ ------ ------ Segment operating income 72 66 137 142International Net sales 793 596 1,668 1,279 Cost of sales 621 475 1,316 1,023 ------ ------ ------ ------ Gross profit 172 121 352 256 Direct segment operating expenses (1) 112 86 229 180 ------ ------ ------ ------ Segment operating income 60 35 123 76Consolidated Net sales 1,753 1,387 3,655 2,918 Cost of sales 1,303 1,046 2,746 2,216 ------ ------ ------ ------ Gross profit 450 341 909 702 Direct segment operating expenses 318 240 649 484 ------ ------ ------ ------ Segment operating income 132 101 260 218 Stock-based compensation (26) (22) (45) (29) Other operating income (expense) (2) 7 (3) 8 ------ ------ ------ ------ Income from operations 104 86 212 197 Total non-operating income (expense), net 4 (5) 4 (6) Provision for income taxes (56) (5) (112) (3) Cumulative effect of change in accounting principle - - 26 - ------ ------ ------ ------ Net income $ 52 $ 76 $ 130 $ 188 ====== ====== ====== ======Segment Highlights: Y/Y net sales growth: North America 21% 13% 21% 16% International 33 50 30 65 Consolidated 26 26 25 34 Y/Y gross profit growth: North America 27% 16% 25% 18% International 42 45 37 53 Consolidated 32 25 29 29 Y/Y segment operating income growth: North America 9% 21% (3%) 33% International 72 177 61 169 Consolidated 31 50 20 62Net sales mix: North America 55% 57% 54% 56% International 45 43 46 44 (1) A significant majority of our costs for "Technology and content" are incurred in the United States and most of these costs are allocated to our North America segment. AMAZON.COM, INC. Supplemental Net Sales Information (in millions) (unaudited) Three Months Six Months Ended Ended June 30, June 30, ------------ ------------ 2005 2004 2005 2004 ------------ ------------North America Media $ 632 $ 541 $1,331 $1,141 Electronics and other general merchandise 278 226 559 450 Other 50 24 97 48 ------ ------ ------ ------ 960 791 1,987 1,639International Media 614 496 1,289 1,072 Electronics and other general merchandise 178 99 377 206 Other 1 1 2 1 ------ ------ ------ ------ 793 596 1,668 1,279Consolidated Media 1,246 1,037 2,620 2,213 Electronics and other general merchandise 456 325 936 656 Other 51 25 99 49 ------ ------ ------ ------ $1,753 $1,387 $3,655 $2,918 ====== ====== ====== ======Y/Y Net Sales Growth:North America: Media 17% 9% 17% 12% Electronics and other general merchandise 23 27 24 30 Other 105 (6) 100 6International: Media 24% 35% 20% 48% Electronics and other general merchandise 80 218 83 282 Other 35 176 49 120Consolidated: Media 20% 20% 18% 27% Electronics and other general merchandise 40 56 43 64 Other 103 (4) 99 8Consolidated Net Sales Mix: Media 71% 75% 72% 76% Electronics and other general merchandise 26 23 26 22 Other 3 2 3 2 AMAZON.COM, INC. Consolidated Balance Sheets (in millions, except per share data) June 30, Dec. 31, June 30, 2005 2004 2004 -------- -------- --------ASSETS (unaudited) (unaudited)Current assets: Cash and cash equivalents $ 629 $ 1,303 $ 701 Marketable securities 696 476 450 ------- ------- ------- Cash, cash equivalents, and marketable securities 1,325 1,779 1,151 Inventories 383 480 284 Deferred tax assets, current portion 63 81 1 Accounts receivable, net and other current assets 155 199 125 ------- ------- ------- Total current assets 1,926 2,539 1,561Fixed assets, net 267 246 216Deferred tax assets, long-term portion 206 282 6Goodwill 154 139 69Other assets 48 42 36 ------- ------- ------- Total assets $ 2,601 $ 3,248 $ 1,888 ======= ======= =======LIABILITIES AND STOCKHOLDERS' DEFICITCurrent liabilities: Accounts payable $ 735 $ 1,142 $ 585 Accrued expenses and other current liabilities 317 361 250 Unearned revenue 52 41 39 Interest payable 32 74 40 Current portion of long-term debt and other 8 2 2 ------- ------- ------- Total current liabilities 1,144 1,620 916Long-term debt and other 1,521 1,855 1,763Commitments and contingenciesStockholders' deficit: Preferred stock, $0.01 par value: Authorized shares -- 500 Issued and outstanding shares -- none - - - Common stock, $0.01 par value: Authorized shares -- 5,000 Issued and outstanding shares -- 412, 410 and 407 shares 4 4 4 Additional paid-in capital 2,161 2,123 1,963 Accumulated other comprehensive income 27 32 29 Accumulated deficit (2,256) (2,386) (2,787) ------- ------- ------- Total stockholders' deficit (64) (227) (791) ------- ------- ------- Total liabilities and stockholders' deficit $ 2,601 $ 3,248 $ 1,888 ======= ======= =======</pre><pre> AMAZON.COM, INC. Supplemental Financial Information and Business Metrics (in millions, except per share data) (unaudited)---------------------------------------------------------------------- Y/Y % Q2 2004 Q3 2004 Q4 2004 Q1 2005 Q2 2005 Change ------------------------------------------------Cash Flows and SharesOperating cash flow -- trailing twelve months (TTM) $ 410 $ 490 $ 567 $ 523 $ 624 52%Purchase of fixed assets (incl. internal-use software & website development) -- TTM $ 56 $ 70 $ 89 $ 106 $ 138 146%Free cash flow (operating cash flow less purchases of fixed assets) -- TTM $ 354 $ 420 $ 477 $ 417 $ 486 37%Common shares and stock-based awards outstanding 434 434 434 434 438 1%Common shares outstanding 407 407 410 411 412 1%Stock-based awards outstanding 27 27 25 24 26 (5%)Stock-based awards outstanding -- % of common shares outstanding 6.7% 6.5% 6.0% 5.7% 6.3% N/AResults of OperationsWorldwide (WW) net sales $1,387 $1,462 $2,541 $ 1,902 $1,753 26%WW net sales -- Y/Y growth, excluding the effect of foreign exchange rates 21.9% 23.9% 26.2% 22.3% 24.6% N/AWW net sales -- TTM $5,998 $6,326 $6,921 $ 7,292 $7,658 28%Gross profit $ 341 $ 356 $ 544 $ 458 $ 450 32%Gross margin -- % of WW net sales 24.6% 24.3% 21.4% 24.1% 25.7% N/AGross profit -- TTM $1,415 $1,484 $1,602 $ 1,700 $1,809 28%Gross margin -- TTM % of WW net sales 23.6% 23.5% 23.1% 23.3% 23.6% N/AFulfillment costs, excluding stock- based compensation -- % of WW net sales 8.8% 9.3% 8.0% 8.6% 8.7% N/AFulfillment costs, excluding stock- based compensation -- TTM % of WW net sales 8.6% 8.6% 8.5% 8.6% 8.6% N/AOperating income $ 86 $ 81 $ 162 $ 108 $ 104 21%Operating margin -- % of WW net sales 6.2% 5.6% 6.4% 5.7% 6.0% N/AOperating income -- TTM $ 386 $ 416 $ 440 $ 438 $ 456 18%Operating margin -- TTM % of WW net sales 6.4% 6.6% 6.4% 6.0% 6.0% N/ANet income (a) $ 76 $ 54 $ 347 $ 78 $ 52 (32%)Net income per diluted share (a) $ 0.18 $ 0.13 $ 0.82 $ 0.18 $ 0.12 (32%)Net income -- TTM (a) $ 276 $ 315 $ 588 $ 555 $ 531 92%Net income per diluted share -- TTM (a) $ 0.65 $ 0.74 $ 1.39 $ 1.31 $ 1.25 92%SegmentsNorth America Segment: Net sales $ 791 $ 816 $1,392 $ 1,027 $ 960 21% Net sales -- Y/Y growth, excluding the effect of foreign exchange rates 12.7% 15.0% 21.8% 21.1% 21.0% N/A Net sales -- TTM $3,490 $3,597 $3,847 $ 4,027 $4,195 20% Gross profit $ 220 $ 223 $ 355 $ 279 $ 278 27% Gross margin -- % of North America net sales 27.7% 27.4% 25.5% 27.2% 29.0% N/A Gross profit -- TTM $ 935 $ 958 $1,024 $ 1,077 $1,135 21% Gross margin -- TTM % of North America net sales 26.8% 26.6% 26.6% 26.7% 27.1% N/A Operating income $ 66 $ 57 $ 122 $ 66 $ 72 9% Operating margin -- % of North America net sales 8.3% 7.0% 8.8% 6.4% 7.5% N/A Operating income -- TTM $ 318 $ 313 $ 321 $ 311 $ 317 (0%) Operating margin -- TTM % of North America net sales 9.1% 8.7% 8.3% 7.7% 7.6% N/AInternational Segment: Net sales $ 596 $ 646 $1,149 $ 875 $ 793 33% Net sales -- Y/Y growth, excluding the effect of foreign exchange rates 38.1% 38.9% 32.5% 23.8% 29.3% N/A Net sales -- TTM $2,508 $2,729 $3,074 $ 3,265 $3,463 38% Net sales -- TTM % of WW net sales 41.8% 43.1% 44.4% 44.8% 45.2% N/A Gross profit $ 121 $ 132 $ 190 $ 180 $ 172 42% Gross margin -- % of International net sales 20.4% 20.5% 16.5% 20.5% 21.7% N/A Gross profit -- TTM $ 479 $ 527 $ 578 $ 623 $ 674 41% Gross margin -- TTM % of International net sales 19.1% 19.3% 18.8% 19.1% 19.5% N/A Operating income $ 35 $ 38 $ 55 $ 63 $ 60 72% Operating margin -- % of International net sales 5.9% 5.8% 4.8% 7.2% 7.6% N/A Operating income -- TTM $ 126 $ 153 $ 169 $ 190 $ 216 71% Operating margin -- TTM % of International net sales 5.0% 5.6% 5.5% 5.8% 6.2% N/A----------------------------------------------------------------------Note: The attached "Financial and Operational Summary" is an integral part of this Supplemental Financial Information and Business Metrics.(a) Q4 2004 net income includes a $244 million benefit from realizing a deferred tax asset related primarily to net operating loss carryforwards attributable to continuing operations; 2005 net income includes a $56 million tax expense for Q1 2005 and a $56 million tax expense for Q2 2005 primarily due to taxable income resulting from the transfer of certain operating assets from U.S. to international locations. AMAZON.COM, INC. Supplemental Financial Information and Business Metrics (in millions, except inventory turnover, accounts payable days, and employee data) (unaudited)---------------------------------------------------------------------- Y/Y % Q2 2004 Q3 2004 Q4 2004 Q1 2005 Q2 2005 Change ------------------------------------------------Segments (continued)Consolidated Segments: Operating expenses $ 240 $ 261 $ 367 $ 330 $ 318 33% Operating expenses -- TTM $ 970 $1,019 $1,112 $1,198 $ 1,276 32% Operating income $ 101 $ 95 $ 177 $ 129 $ 132 31% Operating margin -- % of consolidated sales 7.3% 6.5% 7.0% 6.8% 7.5% N/A Operating income -- TTM $ 444 $ 466 $ 490 $ 502 $ 533 20% Operating margin -- TTM % of consolidated net sales 7.4% 7.4% 7.1% 6.9% 7.0% N/ASupplemental North America Segment Net Sales: Media $ 541 $ 564 $ 885 $ 699 $ 632 17% Media -- TTM $2,394 $2,455 $2,589 $2,690 $ 2,780 16% Electronics and other general merchandise $ 226 $ 229 $ 449 $ 281 $ 278 23% Electronics and other general merchandise -- TTM $ 983 $1,031 $1,128 $1,185 $ 1,236 26% Electronics and other general merchandise -- TTM % of North America net sales 28% 29% 29% 29% 29% N/A Other $ 24 $ 24 $ 58 $ 46 $ 50 105% Other -- TTM $ 113 $ 111 $ 130 $ 153 $ 178 58%Supplemental International Segment Net Sales: Media $ 496 $ 530 $ 911 $ 675 $ 614 24% Media -- TTM $2,129 $2,285 $2,513 $2,612 $ 2,730 28% Electronics and other general merchandise $ 99 $ 116 $ 237 $ 199 $ 178 80% Electronics and other general merchandise -- TTM $ 377 $ 442 $ 558 $ 651 $ 730 94% Electronics and other general merchandise -- TTM % of International net sales 15% 16% 18% 20% 21% N/A Other $ 1 $ 0 $ 1 $ 1 $ 1 35% Other -- TTM $ 2 $ 2 $ 2 $ 3 $ 3 60%Supplemental Worldwide Net Sales: Media $1,037 $1,094 $1,796 $1,374 $ 1,246 20% Media -- TTM $4,523 $4,740 $5,102 $5,302 $ 5,510 22% Electronics and other general merchandise $ 325 $ 344 $ 686 $ 480 $ 456 40% Electronics and other general merchandise -- TTM $1,360 $1,474 $1,686 $1,835 $ 1,966 45% Electronics and other general merchandise -- TTM % of WW net sales 23% 23% 24% 25% 26% N/A Other $ 25 $ 24 $ 59 $ 47 $ 51 103% Other -- TTM $ 115 $ 113 $ 133 $ 156 $ 181 58%Balance SheetCash and marketable securities $1,151 $1,185 $1,779 $1,151 $ 1,325 15%Inventory, net -- ending $ 284 $ 357 $ 480 $ 403 $ 383 35%Inventory -- average inventory % of TTM net sales 4.3% 4.6% 4.9% 5.0% 5.0% N/AInventory turnover, average -- TTM 17.9 16.6 15.7 15.5 15.3 (14%)Fixed assets, net $ 216 $ 227 $ 246 $ 245 $ 267 24%Accounts payable days -- ending 51 57 53 44 51 1%OtherEmployees (full-time and part-time; excludes contractors & temporary personnel) 8,200 8,800 9,000 9,400 10,200 25%</pre><pre> Amazon.com, Inc. Financial and Operational Summary (unaudited)</pre><p>Quarterly Results of Operations (comparisons are with the equivalent period of the prior year, unless otherwise stated)</p><p>Net Sales-- Shipping revenue, which excludes amounts earned from third-party sellers where we don't provide fulfillment services, was $103 million, up 22% from $84 million.-- Amounts paid in advance for subscription services, including amounts received from online DVD rentals, Amazon Prime, and other membership programs, are deferred and recognized as revenue over the subscription terms.-- Amounts earned from third-party sales on our websites are recorded as net amounts.Cost of Sales-- Cost of sales consists of the purchase price of products sold by us, inbound and outbound shipping charges, packaging supplies, and service costs such as those incurred in operating and staffing our fulfillment and customer service centers on behalf of third-party sellers.-- Outbound shipping-related costs totaled $148 million, up 25% from $119 million. Net shipping loss was $45 million, up 31% from a net shipping loss of $35 million, resulting primarily from our free shipping offers and Amazon Prime.Operating Expenses-- Depreciation and amortization of fixed assets was $25 million, up from $18 million, and is classified within the corresponding operating expense categories.-- As previously announced, we chose to early-adopt SFAS 123(R), the new accounting rules on stock-based compensation, effective January 1, 2005. Stock-based compensation increased $4 million to $26 million. Stock-based compensation would have been $20 million under our prior accounting method, down $2 million versus Q2 2004.-- In accordance with SAB 107, issued March 2005, we present stock-based compensation within the same operating expense line items as cash compensation.-- Operating expenses with and without stock-based compensation are as follows:</p><pre> Q2 2005 Q2 2004 -------------------------- ---------------------------- As Stock-Based As Stock-Based Reported Compensation Net Reported Compensation Net -------- ------------ ---- -------- ------------ ------Operating Expenses (in millions): Fulfillment $ 158 $ (5) $ 153 $ 126 $ (3) $ 123 Marketing 42 (2) 40 34 (2) 32 Technology and content 106 (13) 93 71 (13) 58 General and administrative 38 (6) 32 31 (4) 27 Other operating expense (income) 2 - 2 (7) - (7) ------- ---------- ----- ------- --------- ----- Total operating expenses $ 346 $ (26) $ 320 $ 255 $ (22) $ 233 ======= ========== ===== ======= ========= =====Year-over-Year Percentage Growth: Fulfillment 25.0 % 24.5 % 12.2 % 14.2 % Marketing 23.5 25.9 26.0 25.7 Technology and content 48.7 59.4 8.5 12.2 General and administrative 24.6 18.9 16.9 24.6Percent of Net Sales: Fulfillment 9.0 % 8.7 % 9.1 % 8.8 % Marketing 2.4 2.3 2.4 2.3 Technology and content 6.0 5.3 5.1 4.2 General and administrative 2.2 1.8 2.2 2.0</pre><p>Fulfillment-- Fulfillment costs include those costs incurred in operating and staffing our fulfillment and customer service centers, including costs attributable to buying, receiving, inspecting and warehousing inventories; picking, packaging and preparing customer orders for shipment; credit card fees; and bad debt costs, including costs associated with our guarantee of certain third-party seller transactions. Fulfillment costs also include amounts paid to third parties, who assist us in fulfillment and customer service operations.-- Credit card fees associated with third-party seller transactions are assessed on the gross purchase price of underlying transactions, and therefore represent a larger percentage of our recorded net revenue than credit card fees for our retail sales. Bad debt costs, including costs associated with our guarantee program, are also higher as a percentage of recorded net revenue versus our retail sales. Accordingly, as third-party sales increase, credit card fees and bad debt costs on these sales will negatively affect fulfillment costs as a percentage of net sales.-- Fulfillment costs increased in absolute dollars from the prior year due to variable costs corresponding with sales volume, our mix of product sales, credit card fees, and bad debt costs, including costs associated with our guarantee of certain third-party seller transactions. We expanded our fulfillment capacity in 2004 and the first half of 2005 through gains in efficiencies as well as increases in leased warehouse space. We plan to continue expanding our worldwide fulfillment capacity to meet anticipated shipment volumes from sales of our own products as well as sales by third parties where we provide the fulfillment. We expect absolute amounts spent in fulfillment and fulfillment-related cost of sales to increase over time.Marketing-- Marketing efforts include targeted online marketing channels, such as our Associates and Syndicated Stores programs, sponsored search, portal advertising, e-mail campaigns and other initiatives. Our marketing expenses are largely variable, based on growth in sales and changes in rates. To the extent there is increased or decreased competition for these traffic sources, or to the extent our mix of these channels shifts, we would expect to see a corresponding change in our marketing expense. While costs associated with free shipping are not included in marketing expense, we view our free shipping offers as an effective worldwide marketing tool and intend to continue offering them indefinitely. We expect absolute amounts spent in marketing to increase over time.Technology and Content-- Technology and content expenses consist principally of payroll and related expenses for employees involved in development of our websites, including application development, editorial content, merchandising selection and systems and telecommunications support; costs associated with the systems and telecommunications infrastructure; and costs of acquired content.-- Our spending in technology and content has primarily increased as we are adding computer scientists and software engineers to continue to enhance the customer experience on our websites and those websites powered by us, and to improve our process efficiency. Additionally, we continue to invest in several areas of technology, including seller platforms, search, web services, and digital initiatives. We intend to continue investing in areas of technology and content, and expect absolute dollars spent in technology and content to increase over time as we continue to add computer scientists and software engineers to our staff.-- A significant majority of our technology costs are incurred in the U.S. and most of them are allocated to our North America segment.-- We expense costs related to the development of internal-use software and website development other than those incurred during the application development stage. Costs incurred during the application development stage are capitalized and amortized over the two-year estimated useful life of the software. We capitalized $22 million of internal-use software and website development costs, including $3 million associated with stock-based compensation, which is excluded from purchases of fixed assets on our consolidated statements of cash flows since it is stock based rather than cash, compared with $10 million a year ago. These amounts were partially offset by amortization of previously capitalized amounts of $12 million and $7 million.General and Administrative-- General and administrative costs increased due to payroll and related expenses. We expect absolute dollars spent in general and administrative to increase over time.-- In Q1 we recorded a charge of $8 million related to possible settlements of outstanding litigation, and in Q2 the favorable resolution of one of these matters resulted in a $3 million expense reduction.Stock-Based Compensation-- Prior to January 1, 2005, we accounted for stock-based awards under the intrinsic value method, which resulted in compensation expense for restricted stock and restricted stock units at grant date fair value based on the number of shares granted and the quoted price of our common stock, and for stock options to the extent option exercise prices were set below market prices on the date of grant. Also, stock options granted subsequent to December 31, 2002 and stock-based awards subject to an exchange offer, other modifications, or performance criteria, were subject to variable accounting treatment.-- As of January 1, 2005, we adopted SFAS 123(R), which requires measurement of compensation cost for stock-based awards at grant date fair value. The fair value of restricted stock and restricted stock units is determined based on the number of shares granted and the quoted price of our common stock, while the fair value of stock options is determined using a Black-Scholes valuation model. The fair value is recognized as an expense over the service period, net of estimated forfeitures, using the accelerated method under SFAS 123(R). Because we implemented SFAS 123(R), we no longer have stock awards subject to variable accounting treatment.-- Prior to our adoption of SFAS 123(R), cash retained as a result of excess tax deductions relating to stock-based compensation was presented in operating cash flows, along with other tax cash flows. SFAS 123(R) requires benefits relating to excess stock-based compensation deductions to be presented as financing cash inflows. Tax benefits resulting from stock-based compensation deductions in excess of amounts reported for financial reporting purposes were $1 million.-- Stock-based awards generally vest over service periods of between two and five years.-- Payroll tax expense resulting from exercises of stock-based awards is a cash expense and is not categorized as stock-based compensation.-- We granted stock awards, substantially all of which have been restricted stock units since October 2002, of 4 million shares at a per-share weighted-average fair value of $34. Our annual stock awards are granted in the second quarter.-- At June 30, 2005, there were 438 million common shares and stock-based awards outstanding, up 1% from 434 million at December 31, 2004. This total includes all stock-based awards outstanding, without regard for estimated forfeitures, consisting of vested and unvested awards, and in-the-money and out-of-the-money stock options.-- At June 30, 2005, there were 26 million stock awards outstanding, consisting of 16 million stock options with a $14 weighted-average exercise price and 10 million restricted stock units. At June 30, 2004 there were 28 million stock awards outstanding.Other Operating Expense (Income)-- Included in "Other operating expense (income)" are amortization of intangibles and restructuring-related expenses or credits.-- Amortization of other intangibles was $1 million, and is expected to be $3 million for the remainder of 2005, $4 million in both 2006 and 2007, and $1 million in 2008, based on intangibles as of June 30, 2005.-- We acquired certain companies in the first half of 2005 for an aggregate cash purchase price of $24 million. The excess of purchase price over the fair value of the net assets acquired was $16 million and is classified as "Goodwill" on our consolidated balance sheets. Acquired other intangibles totaled $7 million and have estimated useful lives of between one and three years. The results of operations of each of the acquired businesses have been included in our consolidated results as of the closing date of acquisition. The effect of these acquisitions on consolidated net sales and operating income was not significant for Q2.Other Income (Expense), Net-- Other expense of $1 million includes gains and losses on sales of marketable securities and foreign-currency transaction gains and losses, including the currency effect on the interest payable for our 6.875% PEACS.Remeasurements and Other-- Remeasurement of the principal amount of our 6.875% PEACS from euros to U.S. dollars resulted in a foreign-currency gain of $42 million, compared with a gain of $8 million.-- Remeasurement of foreign-currency intercompany balances that are to be repaid among subsidiaries represented a $25 million loss, compared with a loss of $7 million.-- The remeasurement of our 6.875% PEACS and intercompany balances can result in significant gains and charges associated with the effect of movements in currency exchange rates.Income Taxes and Deferred Tax Assets-- Our Q2 effective tax rate was higher than the 35% statutory rate primarily due to taxable income associated with the Q1 2005 transfer of certain operating assets from the U.S. to international locations. We expect these asset transfers to result in tax expense for financial reporting purposes above the statutory rate throughout 2005 and beneficially impact our effective tax rate over time. Since we have Net Operating Losses (NOLs), these asset transfers will not have a significant effect on cash taxes paid in 2005, which we expect to be approximately $25 million, compared with $4 million in 2004. In Q2, we paid cash taxes of $1 million, and year to date we have paid cash taxes of $5 million.-- SFAS 109 requires that deferred tax assets be evaluated for future realization and reduced by a valuation allowance to the extent we believe a portion will not be realized. We consider many factors when assessing the likelihood of future realization of our deferred tax assets including our recent cumulative earnings experience by taxing jurisdiction, expectations of future taxable income, the carry-forward periods available to us for tax reporting purposes, and other relevant factors. Significant judgment is required in making this assessment, and it is very difficult to predict when, if ever, our assessment may conclude that the remaining portion of our deferred tax assets is realizable.-- At June 30, 2005, approximately $730 million of our gross deferred tax assets were related to approximately $2.3 billion of NOLs, the majority of which expire after 2016. Our NOL deferred tax assets are reduced by a valuation allowance of approximately $510 million due to uncertainty about their future realization. The remainder of our deferred tax assets relate to temporary timing differences between tax and financial reporting.-- Substantially all of the unrealized $510 million NOL deferred tax assets, if realized, would be credited to "Stockholders' equity" rather than results of operations for financial reporting purposes since they primarily relate to tax-deductible stock-based compensation in excess of amounts recognized for financial reporting purposes.-- Classification of deferred tax assets between current and long-term asset categories is based on the expected timing of realization, and the valuation allowance is allocated ratably.Foreign Exchange-- As our financial reporting currency is the U.S. dollar, our total sales, profit, and operating and free cash flows have benefited significantly the past eleven quarters from weakness in the U.S. dollar in comparison to the currencies of our international websites. We believe it is important to also evaluate our growth rates after the effect of currency changes.-- The effect on our consolidated statements of operations from year-over-year changes in exchange rates versus the U.S. dollar throughout the period is as follows:</p><pre> Q2 2005 Q2 2004 ------------------------- ------------------------- At At Prior Exchange Prior Exchange Year Rate As Year Rate As Rates Effect Reported Rates Effect Reported (1) (2) (1) (2) ------- -------- -------- ------- -------- -------- (in millions, except per share amounts)Net sales $1,728 $ 25 $1,753 $1,340 $ 47 $1,387Gross profit 445 5 450 331 10 341Operating expenses 343 3 346 249 6 255Operating income 102 2 104 82 4 86Net interest expense and other (14) - (14) (20) (1) (21)Remeasurements and other (3) 1 17 18 13 3 16Net income 43 9 52 70 6 76Diluted earnings per share $ 0.10 $0.02 $ 0.12 $ 0.16 $0.02 $ 0.18(1) Represents the outcome that would have resulted had currency exchange rates in the current period been the same as those in effect in the comparable prior year period.(2) Represents the increase (decrease) in reported amounts resulting from changes in exchange rates from those in effect in the comparable prior year period.(3) Includes foreign-currency gains (losses) on remeasurement of 6.875% PEACS and intercompany balances, and realized currency-related gains associated with sales of euro-denominated investments held by a U.S. subsidiary.</pre><p>Cash Flows and Balance Sheet-- Operating cash flows and free cash flows can be volatile and are sensitive to many factors, including changes in working capital. Working capital at any specific point in time is subject to many variables, including seasonality, the timing of expense payments, discounts offered by vendors, vendor payment terms, and fluctuations in foreign exchange rates.-- Our cash, cash equivalents, and marketable securities of $1.32 billion, at fair value, primarily consist of cash, commercial paper and short-term securities, corporate notes and bonds, asset-backed and agency securities, and U.S. Treasury notes and bonds. Included are amounts held in foreign currencies of $679 million, primarily in euros, British pounds, and yen.-- We have pledged $72 million of our marketable securities as collateral primarily for standby letters of credit and property leases, compared with $80 million as of June 30, 2004.-- "Accounts receivable, net and other current assets" includes accounts receivable from merchant partners, vendors and credit card companies, interest receivables and $14 million of prepaid expenses.-- "Other assets" includes, among other things, $14 million of deferred issuance costs on long-term debt, $18 million of certain equity investments and $13 million of other intangibles, net.-- "Unearned revenue" is recorded when payments are received from third parties in advance of our providing the associated service.-- Amounts related to restructuring-related leases and other commitments due within twelve months are $6 million and are included in "Accrued expenses and other current liabilities," and the remaining $7 million is included in "Long-term debt and other" on our balance sheet. These amounts are net of anticipated sublease income of $8 million.-- "Accrued expenses and other current liabilities" includes, among other things, liabilities for gift certificates, professional fees, marketing activities, and workforce costs, including accrued payroll, vacation, and other benefits.-- "Long-term debt and other" primarily includes the following (in millions):</p><pre> Principal Interest Principal at Maturity Rate Due Date -----------------------------------Convertible Subordinated Notes $ 900 (1) 4.750% February 2009Premium Adjustable Convertible Securities ("PEACS") 593 (2) 6.875% February 2010 --------- $1,493 (3) =========(1) Convertible at the holders' option into our common stock at $78.0275 per share. We have the right to redeem the Convertible Subordinated Notes, in whole or in part, at a redemption price of 101.9% of the principal, which decreases every February 1 by 47.5 basis points until maturity, plus any accrued and unpaid interest.(2) EUR 490 million principal amount, convertible at the holders' option into our common stock at EUR 84.883 per share ($103 per share based on the euro/U.S. dollar exchange rate as of June 30, 2005). We have the right to redeem the PEACS, in whole or in part, by paying the principal amount, plus any accrued and unpaid interest. We do not hedge any portion of the PEACS. The U.S. dollar equivalent principal, interest, and conversion price fluctuates based on the euro/U.S. dollar exchange ratio. Due to fluctuations in this exchange ratio, our principal debt obligation since issuance in February 2000 has increased by $110 million as of June 30, 2005.(3) The "if converted" number of shares associated with our convertible debt instruments (approximately 17 million total shares) is excluded from diluted shares as their effect is antidilutive.</pre><p>Certain Definitions and Other-- We present segment information along two lines: North America and International. We measure operating results of our segments using an internal performance measure of direct segment operating expenses that excludes stock-based compensation and other operating expenses (income), each of which is not allocated to segment results. Other centrally incurred operating costs are fully allocated to segment results. Our operating results, particularly for the International segment, are affected by movements in foreign exchange rates.-- The North America segment consists of amounts earned from retail sales of consumer products (including from third-party sellers) through North America-focused websites such as www.amazon.com and www.amazon.ca; from North America-focused Syndicated Stores, such as www.cdnow.com; from our mail-order tool catalog phone orders; from our Amazon Prime membership program; and from non retail activities such as North America-focused Merchant.com, marketing, and promotional agreements. This segment includes export sales from www.amazon.com and www.amazon.ca.-- The International segment consists of amounts earned from retail sales of consumer products (including from third-party sellers) through International-focused websites such as www.amazon.co.uk, www.amazon.de, www.amazon.co.jp, www.amazon.fr, and since September 2004, www.joyo.com; from internationally focused Syndicated Stores; from our DVD rental service in the U.K. and DE; and from non-retail activities such as internationally focused marketing and promotional agreements. This segment includes export sales from these internationally based sites (including export sales from these sites to customers in the U.S. and Canada), but excludes export sales from www.amazon.com and www.amazon.ca.-- We provide supplemental sales information within each segment for three categories: "Media," "Electronics and other general merchandise," and "Other." Media consists of amounts earned from DVD rental and retail sales from all sellers of books, music, DVD/video, magazine subscriptions, software, video games, and video game consoles. Electronics and other general merchandise consists of amounts earned from retail sales from all sellers of items not included in Media, such as electronics and office, camera and photo, toys and baby, tools, home and garden, apparel, sports and outdoors, kitchen and housewares, gourmet food, jewelry, health and personal care, beauty, and musical instruments. The Other category consists of non retail activities, such as the Merchant.com program and miscellaneous marketing and promotional activities, such as our co-branded credit card program.-- Operating cycle is number of days of sales in inventory plus number of days of sales in accounts receivable minus accounts payable days. Accounts payable days are calculated as the quotient of accounts payable to cost of sales, multiplied by the number of days in the period. Inventory turns are calculated as the quotient of cost of sales to average inventory over five quarter ends.-- References to customers mean customer accounts, which are unique e-mail addresses, established either when a customer's initial order is shipped or when a customer orders from certain third-party sellers on our websites. Customer accounts include customers of Amazon Marketplace, Auctions and zShops, and our Merchants@, Syndicated Stores programs, but exclude DVD rental customers, customers associated with certain of our acquisitions (including Joyo.com customers), Merchant.com program customers, Amazon.com Payments customers, our catalog customers, and the customers of select companies with whom we have a technology alliance or marketing and promotional relationship. A customer is considered active when they have placed an order during the preceding twelve-month period.-- References to sellers or merchants mean active seller accounts, which are established when a seller receives an order from a customer account. Seller accounts include sellers in Amazon Marketplace, Auctions, zShops, and Merchants@ platforms, but exclude Merchant.com sellers. A seller is considered active when they have received an order during the preceding twelve-month period.-- References to units mean units sold (net of returns and cancellations) by us and third-party sellers at Amazon.com domains worldwide--such as www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.co.jp, www.amazon.fr, and www.amazon.ca--and at Syndicated Stores domains, as well as Amazon.com-owned items sold through catalogs and at non-Amazon.com domains, such as books, music, and DVD/video items ordered from Amazon.com's store at www.target.com. Units sold do not include units associated with certain of our acquisitions (including Joyo.com units), Amazon.com gift certificates or DVD rentals.</p><p>CONTACT: Amazon.comTim Stone, 206-266-2171 (Investor Relations)ir@amazon.comwww.amazon.com/irorPublic RelationsPatty Smith, 206-266-7180SOURCE: Amazon.com, Inc.</p> |
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Amazon.co.uk Launches "Search Inside!™" | /news/news-details/2005/Amazon.co.uk-Launches-Search-Inside/default.aspx | Amazon.co.uk-Launches-Search-Inside | 4,622 | 07/20/2005 00:00:00 | Amazon.co.uk Launches "Search Inside!™" | 07/20/2005 | 2005 | Enabling Customers to Discover Books by Searching and Previewing the Text Inside
LONDON July 20, 2005: Amazon.co.uk today announced the launch of "Search Inside!", a unique innovation pioneered by Amazon.com in the US, which enables customers to find and discover books by searching the full text inside them, not just matches to author or title keywords.
In collaboration with leading publishers, Amazon.co.uk is enabling customers to find books at Amazon.co.uk based on every word inside more than 125,000 books--more than 39 million pages of searchable text.
With Search Inside! customers can search for "Olympic Torch", for instance, and discover books with the words in the text.
For the 12 months after Amazon.com launched Search Inside! in October 2003, sales growth for titles included in Search Inside! outpaced growth for titles not in the programme by seven percent.
Search Inside! is integrated into Amazon.co.uk's standard book search and includes books from all genres. This new feature even allows customers to browse through portions of the book such as the covers, flaps, table of contents and index.
Kes Nielsen, Senior Books Manager at Amazon.co.uk, said: "Search Inside! fits perfectly with Amazon's mission to help customers discover anything they want online. This innovation goes way beyond the traditional browsing experience by enabling customers to find books that they didn't even know existed."
Philip Kisray, Vice-President and Sales Director, John Wiley & Sons Publishers, Ltd says: "The Search Inside! programme is an important step in further improving content 'discoverability'. It also enables customers to make an informed purchase, making the process more satisfying and efficient for them."
Through Search Inside!, customers can find, discover and buy titles from more than 70 publishers, including some of the industry's largest: John Wiley & Sons, Orion, Simon & Schuster, HarperCollins, Blackwell, Time Warner, Oxford University Press and Lonely Planet.
Here's how it works:
Let's say that you're interested in finding books about the glycemic index. Just as you do today, type "glycemic index" into our books' search box and click the GO button. You'll receive two sets of results-Amazon.co.uk's "Most Popular" results and "Search Inside!" results. Books in the programme are easily recognisable because they have the "Search Inside!" logo shown on them.
Click on the "Search Inside!" results and you'll see books that have "glycemic index" in the text along with a sample excerpt including that word or phrase and a link that says "See more references to "glycemic index" in this book." By clicking on this link, customers will see a list of excerpts from all pages on which "glycemic index" appears in the book they selected, as well as a link to view the full page from the book on which the excerpt appears.
Once customers have clicked on the link to a specific page and signed in with their Amazon.co.uk user name and password, they can view relevant pages, including the page they selected, and search for other terms of interest within the book. In order to use the service, customers must be a recognised Amazon customer who has previously purchased an item. For more information, see www.amazon.co.uk/searchinside.
Additional examples of the range of books available to search include:
The No.1 Ladies' Detective Agency by Alexander McCall Smith (Time Warner)Easy GI Diet -by Helen Foster (Hamlyn)Dr Gillian McKeith's Living Food for Health (Piatkus)Rich Dad Poor Dad by Robert T. Kiyosaki (Time Warner)What to Expect the First Year by Arlene Eisenberg, Heidi E Murkoff and Sadee E Hathaway (Simon & Schuster)The Selfish Gene by Steven Pinker (Oxford University Press)How to Do Everything with Your Digital Camera, Third Edition by Dave Johnson (McGraw-Hill)
Customers are encouraged to type words and phrases of interest into the new search box, and enjoy whatever surprises they might find.
Customers can check out www.amazon.co.uk/searchinside to learn more about the new feature, and see more sample searches
For further information please contact the Amazon.co.uk press office on 020 8636 9280.
About Amazon.co.uk
Amazon.co.uk opened its virtual doors in October 1998, and strives to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.co.uk and sellers list millions of new and used items in categories such as Books, Music, Video, DVD, Software, PC & Video Games, Electronics & Photo, Home & Garden, and Toys & Games!. Through Amazon Marketplace, zShops and Auctions any business or individual can sell virtually anything to Amazon.co.uk's millions of customers. Amazon.co.uk customers enjoy the benefits of industry-leading online-shopping technology, such as secure credit-card payment, personalised recommendations, streamlined, 1-Click® ordering and hassle-free Bid-Click® auction bidding. Through Amazon Anywhere, Amazon.co.uk is also available on mobile phones with WAP technology--see www.amazon.co.uk/anywhere for details.
Amazon.com and its affiliates operate seven websites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward-looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, international expansion, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2003, and all subsequent filings. | <p>Enabling Customers to Discover Books by Searching and Previewing the Text Inside</p><p>LONDON July 20, 2005: Amazon.co.uk today announced the launch of "Search Inside!", a unique innovation pioneered by Amazon.com in the US, which enables customers to find and discover books by searching the full text inside them, not just matches to author or title keywords.</p><p>In collaboration with leading publishers, Amazon.co.uk is enabling customers to find books at Amazon.co.uk based on every word inside more than 125,000 books--more than 39 million pages of searchable text.</p><p>With Search Inside! customers can search for "Olympic Torch", for instance, and discover books with the words in the text.</p><p>For the 12 months after Amazon.com launched Search Inside! in October 2003, sales growth for titles included in Search Inside! outpaced growth for titles not in the programme by seven percent.</p><p>Search Inside! is integrated into Amazon.co.uk's standard book search and includes books from all genres. This new feature even allows customers to browse through portions of the book such as the covers, flaps, table of contents and index.</p><p>Kes Nielsen, Senior Books Manager at Amazon.co.uk, said: "Search Inside! fits perfectly with Amazon's mission to help customers discover anything they want online. This innovation goes way beyond the traditional browsing experience by enabling customers to find books that they didn't even know existed."</p><p>Philip Kisray, Vice-President and Sales Director, John Wiley & Sons Publishers, Ltd says: "The Search Inside! programme is an important step in further improving content 'discoverability'. It also enables customers to make an informed purchase, making the process more satisfying and efficient for them."</p><p>Through Search Inside!, customers can find, discover and buy titles from more than 70 publishers, including some of the industry's largest: John Wiley & Sons, Orion, Simon & Schuster, HarperCollins, Blackwell, Time Warner, Oxford University Press and Lonely Planet.</p><p>Here's how it works:</p><ul><li>Let's say that you're interested in finding books about the glycemic index. Just as you do today, type "glycemic index" into our books' search box and click the GO button. You'll receive two sets of results-Amazon.co.uk's "Most Popular" results and "Search Inside!" results. Books in the programme are easily recognisable because they have the "Search Inside!" logo shown on them.</li><li>Click on the "Search Inside!" results and you'll see books that have "glycemic index" in the text along with a sample excerpt including that word or phrase and a link that says "See more references to "glycemic index" in this book." By clicking on this link, customers will see a list of excerpts from all pages on which "glycemic index" appears in the book they selected, as well as a link to view the full page from the book on which the excerpt appears.</li><li>Once customers have clicked on the link to a specific page and signed in with their Amazon.co.uk user name and password, they can view relevant pages, including the page they selected, and search for other terms of interest within the book. In order to use the service, customers must be a recognised Amazon customer who has previously purchased an item. For more information, see www.amazon.co.uk/searchinside.</li></ul><p>Additional examples of the range of books available to search include:</p><p>The No.1 Ladies' Detective Agency by Alexander McCall Smith (Time Warner)Easy GI Diet -by Helen Foster (Hamlyn)Dr Gillian McKeith's Living Food for Health (Piatkus)Rich Dad Poor Dad by Robert T. Kiyosaki (Time Warner)What to Expect the First Year by Arlene Eisenberg, Heidi E Murkoff and Sadee E Hathaway (Simon & Schuster)The Selfish Gene by Steven Pinker (Oxford University Press)How to Do Everything with Your Digital Camera, Third Edition by Dave Johnson (McGraw-Hill)</p><p>Customers are encouraged to type words and phrases of interest into the new search box, and enjoy whatever surprises they might find.</p><p>Customers can check out www.amazon.co.uk/searchinside to learn more about the new feature, and see more sample searches</p><p>For further information please contact the Amazon.co.uk press office on 020 8636 9280.</p><p>About Amazon.co.uk</p><p>Amazon.co.uk opened its virtual doors in October 1998, and strives to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.co.uk and sellers list millions of new and used items in categories such as Books, Music, Video, DVD, Software, PC & Video Games, Electronics & Photo, Home & Garden, and Toys & Games!. Through Amazon Marketplace, zShops and Auctions any business or individual can sell virtually anything to Amazon.co.uk's millions of customers. Amazon.co.uk customers enjoy the benefits of industry-leading online-shopping technology, such as secure credit-card payment, personalised recommendations, streamlined, 1-Click® ordering and hassle-free Bid-Click® auction bidding. Through Amazon Anywhere, Amazon.co.uk is also available on mobile phones with WAP technology--see www.amazon.co.uk/anywhere for details.</p><p>Amazon.com and its affiliates operate seven websites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward-looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, international expansion, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2003, and all subsequent filings.</p> |
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Amazon.de Launches "Search Inside!" Enabling Customers to Discover More than 100,000 Books by Searching and Previewing the Text Inside Books | /news/news-details/2005/Amazon.de-Launches-Search-Inside-Enabling-Customers-to-Discover-More-than-100000-Books-by-Searching-and-Previewing-the-Text-Inside-Books/default.aspx | Amazon.de-Launches-Search-Inside-Enabling-Customers-to-Discover-More-than-100000-Books-by-Searching-and-Previewing-the-Text-Inside-Books | 4,624 | 07/20/2005 00:00:00 | Amazon.de Launches "Search Inside!" Enabling Customers to Discover More than 100,000 Books by Searching and Previewing the Text Inside Books | 07/20/2005 | 2005 | Leading-edge search technology delivers a book-buying experience previously unavailable in the physical or online world
Munich, July 20, 2005 -Amazon.de today announced the launch of Search Inside!, an entirely new way for customers of Amazon.de to find and discover books by searching the full text inside them, not just matches to author or title keywords.
In collaboration with many publishers, Amazon.de is enabling customers to find books at Amazon.de based on every word inside more than 100,000 books - more than 34 million pages of searchable text. Customers can also preview the inside text of these books
"Search Inside! is a completely new way for customers to find and buy exactly the books they want," said Ralf Kleber, managing director of Amazon.de. "Customers value Search Inside and prefer books participating in the program over those that are not participating - for the 12 months after Amazon.com launched Search Inside! in October 2003, sales growth for titles included in Search Inside! outpaced growth for titles not in the programme by seven percent."
"We're giving book lovers the opportunity to discover those books that deal with exactly the topics they are looking for - may it be chapters, pages or singles sentences - 'Search Inside!' finds the places in our books that are relevant to the customer," said Michael Epp, marketing and sales manager of ADAC publishing house. And as Search Inside! not only allows customers to search for certain words but also gives them the opportunity to browse inside every book in the program and look at sample pages, they get a clear picture of the book they are planning to buy.
Through Search Inside!, customers can find, discover and buy titles from more than 120 publishers, including Springer, ADAC Verlag, Verlagsgruppe Beltz, MAIRDUMONT, Galileo Press, Gabler Verlag, O'Reilly Verlag, Patmos Verlagshaus und Verlagsgruppe Oetinger. Search Inside! is integrated into Amazon.de's standard search on the books homepage. Search results are divided into 'standard search results' and 'Search Inside! Results'. "Search Inside!" includes books from all genres.
Here's how it works:
Customers interested in anything about the world soccer championship can search for "Weltmeisterschaft" and will automatically see - in a separate search results tab - a list of the many books at Amazon.de that contain this term in the text, in addition to those books that contain the term in the title. Results range from "Wunder von Bern" to Marketing guides in the sports industry to DavidBeckham biography.
Books with "Weltmeisterschaft" in the text will display an excerpt including that word or phrase and a link that says "Further references to Weltmeisterschaft in this book". By clicking on this link, customers will see a list of excerpts from all pages on which "Weltmeisterschaft" appears in the book they selected, as well as a link to view the full page from the book on which the excerpt appears.
Once customers have clicked on the link to a specific page and signed in with their Amazon.de user name and password, they can preview relevant pages, including the page they selected, and search for other terms of interest within the book.
Additional examples include:
Those looking to explore the scenic "Petersdom" can search for this term to discover over 150 related titles ranging from quick reference travel guides to culture and architecture books up to children's books.
Customers trying to find information about the Austrian speciality "Kaiserschmarrn" will find over 50 titles - books ranging from cook books over Vienna travel guides to French-German gourmet dictionaries.
Searching for "online application" provides customers with over 200 books on the subject - everything from how to write an online application to career planning.
Marketing experts looking for books on "Scoring" will find over 800 titles that talk about the search word - marketing campaigns, customer relationship building and risk management are just some of the book titles that cover scoring.
Customers are encouraged to type words and phrases of interest into the new search box, and enjoy whatever surprises and perfect search matches they might find.
For more information on Amazon.de Search Inside!, log on to www.amazon.de/searchinside.
About Amazon.deAmazon.de opened its virtual doors in October 1998. Amazon strives to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.de and sellers list millions of new and used items in categories such as books, CDs, videos and DVDs as well as products for home and garden, consumer electronics and photos, toys, PC and video games, software and computer supplies. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.de's millions of customers. Amazon.de offers its customers payment by invoice, a secure credit card payment option, personalized recommendations, and a time saving ordering process using 1-ClickTM technology. Through Amazon Mobil, Amazon.de is accessible via WAP technology at www.amazon.de/mobil. Austrian customers can access the full range of products via www.amazon.at.
www.amazon.de is one of seven websites operated by Amazon affiliates; the others are www.amazon.com, www.amazon.co.uk, www.amazon.co.jp, www.amazon.fr, www.amazon.ca and www.joyo.com. Amazon.de is the trading name for Amazon.com Int'l Sales, Inc., and Amazon.com International Auctions, Inc., which are both wholly owned subsidiaries of global online retailer Amazon.com, Inc. (NASDAQ: AMZN) located in Seattle, Wash.
Forward Looking StatementThis announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
Für weitere Informationen:
Amazon.de GmbHPublic RelationsChristine HögerMoosacher Straße 5180809 MünchenTelefon: 089/35803-233Telefax: 089/35803-481E-Mail: choeger@amazon.de | <p>Leading-edge search technology delivers a book-buying experience previously unavailable in the physical or online world</p><p>Munich, July 20, 2005 -Amazon.de today announced the launch of Search Inside!, an entirely new way for customers of Amazon.de to find and discover books by searching the full text inside them, not just matches to author or title keywords.</p><p>In collaboration with many publishers, Amazon.de is enabling customers to find books at Amazon.de based on every word inside more than 100,000 books - more than 34 million pages of searchable text. Customers can also preview the inside text of these books</p><p>"Search Inside! is a completely new way for customers to find and buy exactly the books they want," said Ralf Kleber, managing director of Amazon.de. "Customers value Search Inside and prefer books participating in the program over those that are not participating - for the 12 months after Amazon.com launched Search Inside! in October 2003, sales growth for titles included in Search Inside! outpaced growth for titles not in the programme by seven percent."</p><p>"We're giving book lovers the opportunity to discover those books that deal with exactly the topics they are looking for - may it be chapters, pages or singles sentences - 'Search Inside!' finds the places in our books that are relevant to the customer," said Michael Epp, marketing and sales manager of ADAC publishing house. And as Search Inside! not only allows customers to search for certain words but also gives them the opportunity to browse inside every book in the program and look at sample pages, they get a clear picture of the book they are planning to buy.</p><p>Through Search Inside!, customers can find, discover and buy titles from more than 120 publishers, including Springer, ADAC Verlag, Verlagsgruppe Beltz, MAIRDUMONT, Galileo Press, Gabler Verlag, O'Reilly Verlag, Patmos Verlagshaus und Verlagsgruppe Oetinger. Search Inside! is integrated into Amazon.de's standard search on the books homepage. Search results are divided into 'standard search results' and 'Search Inside! Results'. "Search Inside!" includes books from all genres.</p><p>Here's how it works:</p><ul><li>Customers interested in anything about the world soccer championship can search for "Weltmeisterschaft" and will automatically see - in a separate search results tab - a list of the many books at Amazon.de that contain this term in the text, in addition to those books that contain the term in the title. Results range from "Wunder von Bern" to Marketing guides in the sports industry to DavidBeckham biography.</li><li>Books with "Weltmeisterschaft" in the text will display an excerpt including that word or phrase and a link that says "Further references to Weltmeisterschaft in this book". By clicking on this link, customers will see a list of excerpts from all pages on which "Weltmeisterschaft" appears in the book they selected, as well as a link to view the full page from the book on which the excerpt appears.</li><li>Once customers have clicked on the link to a specific page and signed in with their Amazon.de user name and password, they can preview relevant pages, including the page they selected, and search for other terms of interest within the book.</li></ul><p>Additional examples include:</p><ul><li>Those looking to explore the scenic "Petersdom" can search for this term to discover over 150 related titles ranging from quick reference travel guides to culture and architecture books up to children's books.</li><li>Customers trying to find information about the Austrian speciality "Kaiserschmarrn" will find over 50 titles - books ranging from cook books over Vienna travel guides to French-German gourmet dictionaries.</li><li>Searching for "online application" provides customers with over 200 books on the subject - everything from how to write an online application to career planning.</li><li>Marketing experts looking for books on "Scoring" will find over 800 titles that talk about the search word - marketing campaigns, customer relationship building and risk management are just some of the book titles that cover scoring.</li></ul><p>Customers are encouraged to type words and phrases of interest into the new search box, and enjoy whatever surprises and perfect search matches they might find.</p><p>For more information on Amazon.de Search Inside!, log on to www.amazon.de/searchinside.</p><p>About Amazon.deAmazon.de opened its virtual doors in October 1998. Amazon strives to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.de and sellers list millions of new and used items in categories such as books, CDs, videos and DVDs as well as products for home and garden, consumer electronics and photos, toys, PC and video games, software and computer supplies. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.de's millions of customers. Amazon.de offers its customers payment by invoice, a secure credit card payment option, personalized recommendations, and a time saving ordering process using 1-ClickTM technology. Through Amazon Mobil, Amazon.de is accessible via WAP technology at www.amazon.de/mobil. Austrian customers can access the full range of products via www.amazon.at.</p><p>www.amazon.de is one of seven websites operated by Amazon affiliates; the others are www.amazon.com, www.amazon.co.uk, www.amazon.co.jp, www.amazon.fr, www.amazon.ca and www.joyo.com. Amazon.de is the trading name for Amazon.com Int'l Sales, Inc., and Amazon.com International Auctions, Inc., which are both wholly owned subsidiaries of global online retailer Amazon.com, Inc. (NASDAQ: AMZN) located in Seattle, Wash.</p><p>Forward Looking StatementThis announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>Für weitere Informationen:</p><p>Amazon.de GmbHPublic RelationsChristine HögerMoosacher Straße 5180809 MünchenTelefon: 089/35803-233Telefax: 089/35803-481E-Mail: choeger@amazon.de</p> |
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Amazon.com Names Nonprofit Innovation Award Finalists; Ten Nonprofits Now Competing for $1 Million Grant; Amazon.com Customers ``Vote'' with Donations | /news/news-details/2005/Amazon.com-Names-Nonprofit-Innovation-Award-Finalists-Ten-Nonprofits-Now-Competing-for-1-Million-Grant-Amazon.com-Customers-Vote-with-Donations/default.aspx | Amazon.com-Names-Nonprofit-Innovation-Award-Finalists-Ten-Nonprofits-Now-Competing-for-1-Million-Grant-Amazon.com-Customers-Vote-with-Donations | 4,628 | 07/19/2005 08:02:00 | Amazon.com Names Nonprofit Innovation Award Finalists; Ten Nonprofits Now Competing for $1 Million Grant; Amazon.com Customers ``Vote'' with Donations | 07/19/2005 | 2005 | SEATTLE, Jul 19, 2005 (BUSINESS WIRE) -- Amazon.com, Inc. (Nasdaq:AMZN) today announced the 10 nonprofit organizations that are finalists for the Amazon.com Nonprofit Innovation Award. This award is designed to recognize and reward nonprofits whose innovative approaches and breakthrough solutions most effectively improve their communities or the world at large. Amazon.com, in partnership with the Center for Social Innovation at the Stanford University Graduate School of Business and a panel of expert advisors, selected the 10 finalists. These organizations will be featured on the Amazon.com web site through September 30, 2005, and customers can vote for their favorites by making contributions at www.amazon.com/nonprofitinnovation .
Each of the finalist organizations will retain the contributions they receive, and the organization with the largest total dollar amount of donations will be awarded a matching grant of up to $1 million from Amazon.
"Good ideas change the world," said Jeff Bezos, founder and CEO of Amazon.com. "We are very proud of these 10 organizations that are using innovation and creativity to help others."
"In screening for the finalists, our goal was to select organizations that were doing innovative work in areas with significant unmet needs," said James A. Phills, Jr., co-director of the Center for Social Innovation at the Stanford Graduate School of Business. "We hope that this award will support the work of those engaged in creative efforts to solve important social problems."
Amazon received almost 1,000 award submissions, and the 10 finalists cover a broad spectrum of groups -- both large and small -- including those that focus on literacy, health care, and developing places for children to play.
The 10 Amazon.com Nonprofit Innovation Award Finalists are:
-- Appalachian Sustainable Development (Abingdon, VA) -- ASD builds self-reliant, ecologically sustainable communities in Central Appalachia by providing training and market access for farmers and other limited-resource entrepreneurs, and by linking them to consumers.
-- Community Voice Mail (Seattle, WA) -- Community Voice Mail provides free, 24-hour nationwide voice mail to people in crisis - connecting them to jobs, housing and hope - a deceptively simple concept with extraordinary impact.
-- DonorsChoose (New York, NY) -- DonorsChoose is a marketplace where teachers and individuals connect to give at-risk students the resources they need to learn.
-- EARN (San Francisco, CA) -- EARN offers breakthrough financial tools that open the door to economic opportunity for the working poor in California, providing a model for ending the cycle of poverty on a national and global scale.
-- First Book (Washington, DC) -- First Book is a nationally recognized nonprofit that puts high-quality, new books into the hands of children from low-income families.
-- KaBOOM! (Washington, DC) -- By bringing together community leaders, parents and volunteers, KaBOOM! seeks to create a great play space within walking distance of every child in America.
-- KickStart (San Francisco, CA) -- KickStart provides a proven solution to poverty in Africa by focusing on economic empowerment rather than traditional aid.
-- Pact, Inc.'s WORTH program (Washington, DC) -- Pact's WORTH program drives gender equality and women's economic empowerment worldwide through a unique combination of literacy training, women-owned village banks and micro-enterprise creation.
-- PATH (Seattle, WA) -- PATH is a catalyst for global health, creating sustainable, culturally relevant solutions that enable communities worldwide to break longstanding cycles of poor health.
-- Teach For America (New York, NY) -- Teach For America is the national corps of outstanding recent college graduates from all academic majors who fight educational inequity by teaching in urban and rural public schools and becoming lifelong leaders for change.
Profiles of each of the 10 nonprofit finalist organizations are available at www.amazon.com/nonprofitinnovation , where customers and visitors can make direct online contributions to one or more of their favorite organization. Donations will be accepted through September 30, 2005, and the organization that receives the most in total contributions from Amazon customers will be awarded the 2005 Amazon.com Nonprofit Innovation Award, along with a matching grant of up to $1 million from Amazon.
The 10 finalists were selected by a panel of judges that included sports legend and humanitarian, Muhammad Ali; former United States Secretary of State, Dr. Henry Kissinger; Tea Leoni, actress and National Ambassador to the U.S. Fund for UNICEF; Dr. Lawrance M. Bernabo, one of Amazon.com's leading customer reviewers; Jeff Bradach, managing partner and co-founder of leading U.S. nonprofit consulting firm The Bridgespan Group; James A. Phills, Jr., co-director of the Stanford Center for Social Innovation, and Jeff Bezos.
The 2005 honoree will be announced in October 2005.
About the Center for Social Innovation
The Stanford Graduate School of Business developed the Center for Social Innovation to foster innovative solutions to social problems by enhancing the leadership, management, and organization capacity of individuals and institutions pursuing the creation of social and environmental value. The Center dissolves traditional sector boundaries by bringing together nonprofit leaders, corporate executives, government officials, and philanthropists to discuss, debate, analyze, and take action to strengthen communities. The center's core activities -- research, teaching and community engagement focus on many thematic areas including corporate social responsibility, social entrepreneurship, environmental sustainability, philanthropy, education, and nonprofit management. www.gsb.stanford.edu/csi/
About Amazon.com
Amazon.com (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
SOURCE: Amazon.com, Inc.
MWW for Amazon.comSally Fouts, 206-505-8390 (Media contact)sfouts@mww.comorStanford University Graduate School of BusinessCenter for Social InnovationKriss Deiglmeier, 650-725-9419Deiglmeier_kriss@gsb.stanford.edu | <p>SEATTLE, Jul 19, 2005 (BUSINESS WIRE) -- Amazon.com, Inc. (Nasdaq:AMZN) today announced the 10 nonprofit organizations that are finalists for the Amazon.com Nonprofit Innovation Award. This award is designed to recognize and reward nonprofits whose innovative approaches and breakthrough solutions most effectively improve their communities or the world at large. Amazon.com, in partnership with the Center for Social Innovation at the Stanford University Graduate School of Business and a panel of expert advisors, selected the 10 finalists. These organizations will be featured on the Amazon.com web site through September 30, 2005, and customers can vote for their favorites by making contributions at www.amazon.com/nonprofitinnovation .</p><p>Each of the finalist organizations will retain the contributions they receive, and the organization with the largest total dollar amount of donations will be awarded a matching grant of up to $1 million from Amazon.</p><p>"Good ideas change the world," said Jeff Bezos, founder and CEO of Amazon.com. "We are very proud of these 10 organizations that are using innovation and creativity to help others."</p><p>"In screening for the finalists, our goal was to select organizations that were doing innovative work in areas with significant unmet needs," said James A. Phills, Jr., co-director of the Center for Social Innovation at the Stanford Graduate School of Business. "We hope that this award will support the work of those engaged in creative efforts to solve important social problems."</p><p>Amazon received almost 1,000 award submissions, and the 10 finalists cover a broad spectrum of groups -- both large and small -- including those that focus on literacy, health care, and developing places for children to play.</p><p>The 10 Amazon.com Nonprofit Innovation Award Finalists are:</p><p>-- Appalachian Sustainable Development (Abingdon, VA) -- ASD builds self-reliant, ecologically sustainable communities in Central Appalachia by providing training and market access for farmers and other limited-resource entrepreneurs, and by linking them to consumers.</p><p>-- Community Voice Mail (Seattle, WA) -- Community Voice Mail provides free, 24-hour nationwide voice mail to people in crisis - connecting them to jobs, housing and hope - a deceptively simple concept with extraordinary impact.</p><p>-- DonorsChoose (New York, NY) -- DonorsChoose is a marketplace where teachers and individuals connect to give at-risk students the resources they need to learn.</p><p>-- EARN (San Francisco, CA) -- EARN offers breakthrough financial tools that open the door to economic opportunity for the working poor in California, providing a model for ending the cycle of poverty on a national and global scale.</p><p>-- First Book (Washington, DC) -- First Book is a nationally recognized nonprofit that puts high-quality, new books into the hands of children from low-income families.</p><p>-- KaBOOM! (Washington, DC) -- By bringing together community leaders, parents and volunteers, KaBOOM! seeks to create a great play space within walking distance of every child in America.</p><p>-- KickStart (San Francisco, CA) -- KickStart provides a proven solution to poverty in Africa by focusing on economic empowerment rather than traditional aid.</p><p>-- Pact, Inc.'s WORTH program (Washington, DC) -- Pact's WORTH program drives gender equality and women's economic empowerment worldwide through a unique combination of literacy training, women-owned village banks and micro-enterprise creation.</p><p>-- PATH (Seattle, WA) -- PATH is a catalyst for global health, creating sustainable, culturally relevant solutions that enable communities worldwide to break longstanding cycles of poor health.</p><p>-- Teach For America (New York, NY) -- Teach For America is the national corps of outstanding recent college graduates from all academic majors who fight educational inequity by teaching in urban and rural public schools and becoming lifelong leaders for change.</p><p>Profiles of each of the 10 nonprofit finalist organizations are available at www.amazon.com/nonprofitinnovation , where customers and visitors can make direct online contributions to one or more of their favorite organization. Donations will be accepted through September 30, 2005, and the organization that receives the most in total contributions from Amazon customers will be awarded the 2005 Amazon.com Nonprofit Innovation Award, along with a matching grant of up to $1 million from Amazon.</p><p>The 10 finalists were selected by a panel of judges that included sports legend and humanitarian, Muhammad Ali; former United States Secretary of State, Dr. Henry Kissinger; Tea Leoni, actress and National Ambassador to the U.S. Fund for UNICEF; Dr. Lawrance M. Bernabo, one of Amazon.com's leading customer reviewers; Jeff Bradach, managing partner and co-founder of leading U.S. nonprofit consulting firm The Bridgespan Group; James A. Phills, Jr., co-director of the Stanford Center for Social Innovation, and Jeff Bezos.</p><p>The 2005 honoree will be announced in October 2005.</p><p>About the Center for Social Innovation</p><p>The Stanford Graduate School of Business developed the Center for Social Innovation to foster innovative solutions to social problems by enhancing the leadership, management, and organization capacity of individuals and institutions pursuing the creation of social and environmental value. The Center dissolves traditional sector boundaries by bringing together nonprofit leaders, corporate executives, government officials, and philanthropists to discuss, debate, analyze, and take action to strengthen communities. The center's core activities -- research, teaching and community engagement focus on many thematic areas including corporate social responsibility, social entrepreneurship, environmental sustainability, philanthropy, education, and nonprofit management. www.gsb.stanford.edu/csi/</p><p>About Amazon.com</p><p>Amazon.com (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>SOURCE: Amazon.com, Inc.</p><p>MWW for Amazon.comSally Fouts, 206-505-8390 (Media contact)sfouts@mww.comorStanford University Graduate School of BusinessCenter for Social InnovationKriss Deiglmeier, 650-725-9419Deiglmeier_kriss@gsb.stanford.edu</p> |
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Amazon.com Receives More than 1.5 Million Advance Orders Worldwide for ''Harry Potter and the Half-Blood Prince''; Delights Hundreds of Thousands of U.S. Customers with Delivery on Release Date and Additional Discount | /news/news-details/2005/Amazon.com-Receives-More-than-1.5-Million-Advance-Orders-Worldwide-for-Harry-Potter-and-the-Half-Blood-Prince-Delights-Hundreds-of-Thousands-of-U.S.-Customers-with-Delivery-on-Release-Date-and-Additional-Discount/default.aspx | Amazon.com-Receives-More-than-1.5-Million-Advance-Orders-Worldwide-for-Harry-Potter-and-the-Half-Blood-Prince-Delights-Hundreds-of-Thousands-of-U.S.-Customers-with-Delivery-on-Release-Date-and-Additional-Discount | 4,630 | 07/18/2005 08:02:00 | Amazon.com Receives More than 1.5 Million Advance Orders Worldwide for ''Harry Potter and the Half-Blood Prince''; Delights Hundreds of Thousands of U.S. Customers with Delivery on Release Date and Additional Discount | 07/18/2005 | 2005 | SEATTLE--(BUSINESS WIRE)--July 18, 2005--As of midnight on Friday, July 15, more than 1.5 million copies of "Harry Potter and the Half-Blood Prince" had been advance-ordered on Amazon's (Nasdaq:AMZN) retail Web sites worldwide, making the title the online retailer's largest new product release ever.
In the largest sales and distribution event in the company's history, Amazon.com teamed with UPS and the U.S. Postal Service to deliver hundreds of thousands of copies of "Harry Potter and the Half-Blood Prince" to eager fans across the United States on Saturday, July 16 -- the first day the book was available to the public. This guaranteed Saturday delivery option was offered for the same price as Standard shipping and was free to Amazon Prime members. Amazon's Web sites serving the UK, Germany, Japan and Canada also delighted hundreds of thousands of customers with release-date delivery on Saturday, July 16.
Also on July 16, Amazon.com lowered the price of "Harry Potter and the Half-Blood Prince" to $16.99, increasing its existing 40 percent discount to 43 percent. The company automatically credited the additional savings to all customers who placed advance orders for the book.
"At Amazon.com we are always working to increase efficiencies and pass more savings on to customers," said Greg Greeley, vice president of Amazon's worldwide media business. "We're thrilled that we could offer our customers a trivially easy, inexpensive way to receive 'Harry Potter and the Half-Blood Prince' on its release date, as well as a 43 percent discount on the book, and would like to thank them for making this our largest new product release ever."
Amazon.com customers also had the option to place an advance order for "Harry Potter and the Half-Blood Prince" and have it shipped via Amazon's Super Saver Shipping option, which is free on orders over $25, for delivery after July 16.
"Harry Potter and the Half-Blood Prince" became available for advance order on December 21, 2004, kicking off months of Potter-mania on Amazon.com right through the book's July 16 release. Additional highlights follow.
-- Amazon.com assembled its first-ever Harry Potter Kids Review Panel. These 10 young Harry Potter aficionados, ranging in age from 10 to 17 years, served as Amazon.com's Harry Potter "experts" on the Web site via self-made videos in which they shared their thoughts about the Harry Potter series and their predictions for Book 6.-- In the wee hours of Saturday, July 16, Amazon.com customers were able to share in the excitement as Harry Potter author J.K. Rowling read from the new book to a very captive audience at Edinburgh Castle in Scotland, via a free two-minute video stream of the event viewable on the Amazon.com Web site.-- As of the book's July 16 release date, nine of the top 25 books on Amazon.com's bestseller list were Harry Potter titles, including the hardcover, audio CD, audio cassette, and library editions of "Harry Potter and the Half-Blood Prince," as well as the "Harry Potter Paperback Boxed Set" (Books 1-5), "Harry Potter and the Order of the Phoenix" (Book 5), "Harry Potter and the Sorcerer's Stone" (Book 1), the "Harry Potter Hardcover Boxed Set" (Books 1-5) and the hardcover edition of "Harry Potter and the Chamber of Secrets" (Book 2).-- With the unprecedented number of advance orders for the sixth Harry Potter book, Amazon's top three new product releases of all time are, in order, "Harry Potter and the Half-Blood Prince," "Harry Potter and the Order of the Phoenix" (Book 5) and "Harry Potter and the Goblet of Fire" (Book 4), each of which set Amazon records for the number of advance copies ordered both on www.amazon.com and cumulatively on Amazon's retail Web sites worldwide.
Note About Amazon.com's Advance Orders for "Harry Potter and Half-Blood Prince": Advance orders placed to-date on www.amazon.com include orders from the online retailer's co-branded Web sites with Borders.com and Waldenbooks.com, but exclude orders from all other third-party seller arrangements and is not adjusted for orders that are subsequently cancelled. Advance orders to-date from Amazon worldwide include, in addition to the aforementioned U.S. advance orders, advance orders for the English-language version of the book placed on five of Amazon's internationally-focused retail sites (www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp and www.amazon.ca), as well as Waterstones.co.uk and Virginmega.co.jp.
About Amazon.com
Amazon.com, Inc. (Nasdaq: AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward-Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
CONTACT: Amazon.com Media RelationsKristin Mariani, 206-266-7180SOURCE: Amazon.com | <p>SEATTLE--(BUSINESS WIRE)--July 18, 2005--As of midnight on Friday, July 15, more than 1.5 million copies of "Harry Potter and the Half-Blood Prince" had been advance-ordered on Amazon's (Nasdaq:AMZN) retail Web sites worldwide, making the title the online retailer's largest new product release ever.</p><p>In the largest sales and distribution event in the company's history, Amazon.com teamed with UPS and the U.S. Postal Service to deliver hundreds of thousands of copies of "Harry Potter and the Half-Blood Prince" to eager fans across the United States on Saturday, July 16 -- the first day the book was available to the public. This guaranteed Saturday delivery option was offered for the same price as Standard shipping and was free to Amazon Prime members. Amazon's Web sites serving the UK, Germany, Japan and Canada also delighted hundreds of thousands of customers with release-date delivery on Saturday, July 16.</p><p>Also on July 16, Amazon.com lowered the price of "Harry Potter and the Half-Blood Prince" to $16.99, increasing its existing 40 percent discount to 43 percent. The company automatically credited the additional savings to all customers who placed advance orders for the book.</p><p>"At Amazon.com we are always working to increase efficiencies and pass more savings on to customers," said Greg Greeley, vice president of Amazon's worldwide media business. "We're thrilled that we could offer our customers a trivially easy, inexpensive way to receive 'Harry Potter and the Half-Blood Prince' on its release date, as well as a 43 percent discount on the book, and would like to thank them for making this our largest new product release ever."</p><p>Amazon.com customers also had the option to place an advance order for "Harry Potter and the Half-Blood Prince" and have it shipped via Amazon's Super Saver Shipping option, which is free on orders over $25, for delivery after July 16.</p><p>"Harry Potter and the Half-Blood Prince" became available for advance order on December 21, 2004, kicking off months of Potter-mania on Amazon.com right through the book's July 16 release. Additional highlights follow.</p><p>-- Amazon.com assembled its first-ever Harry Potter Kids Review Panel. These 10 young Harry Potter aficionados, ranging in age from 10 to 17 years, served as Amazon.com's Harry Potter "experts" on the Web site via self-made videos in which they shared their thoughts about the Harry Potter series and their predictions for Book 6.-- In the wee hours of Saturday, July 16, Amazon.com customers were able to share in the excitement as Harry Potter author J.K. Rowling read from the new book to a very captive audience at Edinburgh Castle in Scotland, via a free two-minute video stream of the event viewable on the Amazon.com Web site.-- As of the book's July 16 release date, nine of the top 25 books on Amazon.com's bestseller list were Harry Potter titles, including the hardcover, audio CD, audio cassette, and library editions of "Harry Potter and the Half-Blood Prince," as well as the "Harry Potter Paperback Boxed Set" (Books 1-5), "Harry Potter and the Order of the Phoenix" (Book 5), "Harry Potter and the Sorcerer's Stone" (Book 1), the "Harry Potter Hardcover Boxed Set" (Books 1-5) and the hardcover edition of "Harry Potter and the Chamber of Secrets" (Book 2).-- With the unprecedented number of advance orders for the sixth Harry Potter book, Amazon's top three new product releases of all time are, in order, "Harry Potter and the Half-Blood Prince," "Harry Potter and the Order of the Phoenix" (Book 5) and "Harry Potter and the Goblet of Fire" (Book 4), each of which set Amazon records for the number of advance copies ordered both on www.amazon.com and cumulatively on Amazon's retail Web sites worldwide.</p><p>Note About Amazon.com's Advance Orders for "Harry Potter and Half-Blood Prince": Advance orders placed to-date on www.amazon.com include orders from the online retailer's co-branded Web sites with Borders.com and Waldenbooks.com, but exclude orders from all other third-party seller arrangements and is not adjusted for orders that are subsequently cancelled. Advance orders to-date from Amazon worldwide include, in addition to the aforementioned U.S. advance orders, advance orders for the English-language version of the book placed on five of Amazon's internationally-focused retail sites (www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp and www.amazon.ca), as well as Waterstones.co.uk and Virginmega.co.jp.</p><p>About Amazon.com</p><p>Amazon.com, Inc. (Nasdaq: AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward-Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>CONTACT: Amazon.com Media RelationsKristin Mariani, 206-266-7180SOURCE: Amazon.com</p> |
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Amazon Receives an Unprecedented 1.5 Million Advance Orders for ''Harry Potter and the Half-Blood Prince'' at Its Web Sites Worldwide; Executes Largest Single-Product Delivery Event in Company's History | /news/news-details/2005/Amazon-Receives-an-Unprecedented-1.5-Million-Advance-Orders-for-Harry-Potter-and-the-Half-Blood-Prince-at-Its-Web-Sites-Worldwide-Executes-Largest-Single-Product-Delivery-Event-in-Companys-History/default.aspx | Amazon-Receives-an-Unprecedented-1.5-Million-Advance-Orders-for-Harry-Potter-and-the-Half-Blood-Prince-at-Its-Web-Sites-Worldwide-Executes-Largest-Single-Product-Delivery-Event-in-Companys-History | 4,633 | 07/16/2005 07:00:00 | Amazon Receives an Unprecedented 1.5 Million Advance Orders for ''Harry Potter and the Half-Blood Prince'' at Its Web Sites Worldwide; Executes Largest Single-Product Delivery Event in Company's History | 07/16/2005 | 2005 | SEATTLE--(BUSINESS WIRE)--July 16, 2005--With the release of "Harry Potter and the Half-Blood Prince," the young wizard has once again shattered records at Amazon.com (NASDAQ: AMZN). As of midnight, July 15, more than 1.5 million copies of the book had been ordered on Amazon's retail Web sites worldwide, and more than 919,000 copies ordered on www.amazon.com, making the book the company's largest new product release ever.
In the largest single-product distribution in Amazon.com's history "Harry Potter and the Half-Blood Prince" will arrive on the doorsteps of hundreds of thousands of Muggles across the country today - the first day the book is available to the public - thanks to Amazon.com, UPS and the U.S. Postal Service practicing a little wizardry of their own. Amazon.com offered this guaranteed Saturday delivery option to customers for the same price as Standard shipping, and Saturday delivery was free for Amazon Prime members.
"We'd like to thank our customers around the world for making 'Harry Potter and the Half-Blood Prince' Amazon's largest, most successful new product release ever," said Greg Greeley, vice president of Amazon's North American media business. "We're thrilled to have the opportunity to delight so many Amazon customers globally on this eagerly awaited day."
Note About Amazon.com's Advance Orders for "Harry Potter and Half-Blood Prince": Advance orders placed to-date on www.amazon.com include orders from the online retailer's co-branded Web sites with Borders.com and Waldenbooks.com, but exclude orders from all other third-party seller arrangements. Advance orders to-date from Amazon worldwide include, in addition to the aforementioned U.S. advance orders, advance orders for the English-language version of the book placed on five of Amazon's internationally-focused retail sites (www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp and www.amazon.ca), as well as Waterstones.co.uk and Virginmega.co.jp.
About Amazon.com
Amazon.com, Inc. (Nasdaq: AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
CONTACT: Amazon.com Media RelationsKristin Mariani, 206-266-7180SOURCE: Amazon.com | <p>SEATTLE--(BUSINESS WIRE)--July 16, 2005--With the release of "Harry Potter and the Half-Blood Prince," the young wizard has once again shattered records at Amazon.com (NASDAQ: AMZN). As of midnight, July 15, more than 1.5 million copies of the book had been ordered on Amazon's retail Web sites worldwide, and more than 919,000 copies ordered on www.amazon.com, making the book the company's largest new product release ever.</p><p>In the largest single-product distribution in Amazon.com's history "Harry Potter and the Half-Blood Prince" will arrive on the doorsteps of hundreds of thousands of Muggles across the country today - the first day the book is available to the public - thanks to Amazon.com, UPS and the U.S. Postal Service practicing a little wizardry of their own. Amazon.com offered this guaranteed Saturday delivery option to customers for the same price as Standard shipping, and Saturday delivery was free for Amazon Prime members.</p><p>"We'd like to thank our customers around the world for making 'Harry Potter and the Half-Blood Prince' Amazon's largest, most successful new product release ever," said Greg Greeley, vice president of Amazon's North American media business. "We're thrilled to have the opportunity to delight so many Amazon customers globally on this eagerly awaited day."</p><p>Note About Amazon.com's Advance Orders for "Harry Potter and Half-Blood Prince": Advance orders placed to-date on www.amazon.com include orders from the online retailer's co-branded Web sites with Borders.com and Waldenbooks.com, but exclude orders from all other third-party seller arrangements. Advance orders to-date from Amazon worldwide include, in addition to the aforementioned U.S. advance orders, advance orders for the English-language version of the book placed on five of Amazon's internationally-focused retail sites (www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp and www.amazon.ca), as well as Waterstones.co.uk and Virginmega.co.jp.</p><p>About Amazon.com</p><p>Amazon.com, Inc. (Nasdaq: AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>CONTACT: Amazon.com Media RelationsKristin Mariani, 206-266-7180SOURCE: Amazon.com</p> |
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Amazon.com to Webcast Second Quarter 2005 Financial Results Conference Call | /news/news-details/2005/Amazon.com-to-Webcast-Second-Quarter-2005-Financial-Results-Conference-Call/default.aspx | Amazon.com-to-Webcast-Second-Quarter-2005-Financial-Results-Conference-Call | 4,635 | 07/15/2005 16:17:00 | Amazon.com to Webcast Second Quarter 2005 Financial Results Conference Call | 07/15/2005 | 2005 | SEATTLE, Jul 15, 2005 (BUSINESS WIRE) -- Amazon.com, Inc. (Nasdaq:AMZN) announced today that it will hold a conference call to discuss its second quarter 2005 financial results on July 26, 2005, at 2:00 p.m. PT/5:00 p.m. ET.
The event will be webcast live, and the audio and associated slides will be available for at least three months thereafter, at www.amazon.com/ir.
SOURCE: Amazon.com, Inc.
Amazon.com Media RelationsPatty Smith, 206-266-7180 | <p>SEATTLE, Jul 15, 2005 (BUSINESS WIRE) -- Amazon.com, Inc. (Nasdaq:AMZN) announced today that it will hold a conference call to discuss its second quarter 2005 financial results on July 26, 2005, at 2:00 p.m. PT/5:00 p.m. ET.</p><p>The event will be webcast live, and the audio and associated slides will be available for at least three months thereafter, at www.amazon.com/ir.</p><p>SOURCE: Amazon.com, Inc.</p><p>Amazon.com Media RelationsPatty Smith, 206-266-7180</p> |
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Amazon.com Unveils Top 25 All-Time Bestselling DVDs for Hall of Fame | /news/news-details/2005/Amazon.com-Unveils-Top-25-All-Time-Bestselling-DVDs-for-Hall-of-Fame/default.aspx | Amazon.com-Unveils-Top-25-All-Time-Bestselling-DVDs-for-Hall-of-Fame | 4,636 | 07/13/2005 08:31:00 | Amazon.com Unveils Top 25 All-Time Bestselling DVDs for Hall of Fame | 07/13/2005 | 2005 | SEATTLE--(BUSINESS WIRE)--July 13, 2005-- Never-seen-before, behind-the-scenes footage from "The Lord of the Rings" -- Amazon.com's all-time bestselling DVD series -- to be shown live on Amazon.com on July 16
Amazon.com, Inc. (Nasdaq:AMZN) today announced its all-time bestselling DVDs and inducted them into the first-ever Amazon.com Hall of Fame. Amazon.com is mining its vast repository of sales information from the past decade to celebrate its 10th Anniversary. Never-seen-before, behind-the-scenes footage from the top DVD series on the Hall of Fame list, "The Lord of the Rings," will be shown in a live webcast from the Amazon.com 10th Anniversary Event on July 16 at 5 p.m. PST.
Customers can now visit the Hall of Fame area of the site at www.amazon.com/halloffame to see the top 25 bestselling authors, musicians, and DVDs (listed below) on Amazon.com over the past 10 years.
Amazon.com Hall of Fame DVDs (listed in order of total units sold):1. The Lord of the Rings - The Fellowship of the Ring2. The Lord of the Rings - The Two Towers3. The Lord of the Rings - The Return of the King4. Star Wars Trilogy5. The Matrix6. Finding Nemo7. Harry Potter and the Sorcerer's Stone8. Pirates of the Caribbean - The Curse of the Black Pearl9. Gladiator10. Shrek11. Star Wars - Episode I, The Phantom Menace12. The Adventures of Indiana Jones (Raiders of the Lost Ark/The Temple of Doom/The Last Crusade)13. Harry Potter and the Prisoner of Azkaban14. Saving Private Ryan15. Sex and the City - The Complete First Season16. Harry Potter and the Chamber of Secrets17. Monsters, Inc.18. Star Wars - Episode II, Attack of the Clones19. Band of Brothers20. The Godfather DVD Collection21. Shrek 222. Seinfeld - Seasons 1 & 223. Braveheart24. The Simpsons - The Complete First Season25. Spider-Man
The Hall of Fame section of the Amazon.com site also includes exclusive content from selected authors, including a story about how John Grisham found the inspiration for his next book, personal stories from James Patterson, and the chilling first chapter of a work in progress by Stephen King. The release of the Hall of Fame lists marks the first time the company has compiled overall purchasing information on authors and musical artists themselves, as opposed to single books or CDs.
July 16th marks 10 years since Founder and CEO Jeff Bezos opened the virtual doors of Amazon.com from his Seattle-area garage. Since 1995, the Web site has expanded its product offerings to include everything from music and video to tennis rackets, live Maine lobsters and loose diamonds, and operates sites for customers in the United Kingdom, Germany, Japan, France, Canada, and China.
About Amazon.com
Amazon.com, Inc., (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Amazon.com Forward Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
CONTACT: Amazon.comDrew Herdener or Jani Strand, 206-266-7180SOURCE: Amazon.com, Inc. | <p>SEATTLE--(BUSINESS WIRE)--July 13, 2005-- Never-seen-before, behind-the-scenes footage from "The Lord of the Rings" -- Amazon.com's all-time bestselling DVD series -- to be shown live on Amazon.com on July 16</p><p>Amazon.com, Inc. (Nasdaq:AMZN) today announced its all-time bestselling DVDs and inducted them into the first-ever Amazon.com Hall of Fame. Amazon.com is mining its vast repository of sales information from the past decade to celebrate its 10th Anniversary. Never-seen-before, behind-the-scenes footage from the top DVD series on the Hall of Fame list, "The Lord of the Rings," will be shown in a live webcast from the Amazon.com 10th Anniversary Event on July 16 at 5 p.m. PST.</p><p>Customers can now visit the Hall of Fame area of the site at www.amazon.com/halloffame to see the top 25 bestselling authors, musicians, and DVDs (listed below) on Amazon.com over the past 10 years.</p><p>Amazon.com Hall of Fame DVDs (listed in order of total units sold):1. The Lord of the Rings - The Fellowship of the Ring2. The Lord of the Rings - The Two Towers3. The Lord of the Rings - The Return of the King4. Star Wars Trilogy5. The Matrix6. Finding Nemo7. Harry Potter and the Sorcerer's Stone8. Pirates of the Caribbean - The Curse of the Black Pearl9. Gladiator10. Shrek11. Star Wars - Episode I, The Phantom Menace12. The Adventures of Indiana Jones (Raiders of the Lost Ark/The Temple of Doom/The Last Crusade)13. Harry Potter and the Prisoner of Azkaban14. Saving Private Ryan15. Sex and the City - The Complete First Season16. Harry Potter and the Chamber of Secrets17. Monsters, Inc.18. Star Wars - Episode II, Attack of the Clones19. Band of Brothers20. The Godfather DVD Collection21. Shrek 222. Seinfeld - Seasons 1 & 223. Braveheart24. The Simpsons - The Complete First Season25. Spider-Man</p><p>The Hall of Fame section of the Amazon.com site also includes exclusive content from selected authors, including a story about how John Grisham found the inspiration for his next book, personal stories from James Patterson, and the chilling first chapter of a work in progress by Stephen King. The release of the Hall of Fame lists marks the first time the company has compiled overall purchasing information on authors and musical artists themselves, as opposed to single books or CDs.</p><p>July 16th marks 10 years since Founder and CEO Jeff Bezos opened the virtual doors of Amazon.com from his Seattle-area garage. Since 1995, the Web site has expanded its product offerings to include everything from music and video to tennis rackets, live Maine lobsters and loose diamonds, and operates sites for customers in the United Kingdom, Germany, Japan, France, Canada, and China.</p><p>About Amazon.com</p><p>Amazon.com, Inc., (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Amazon.com Forward Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>CONTACT: Amazon.comDrew Herdener or Jani Strand, 206-266-7180SOURCE: Amazon.com, Inc.</p> |
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'Harry Potter and the Half-Blood Prince' Sets New Record at Amazon with More Than 1.4 Million Advance Orders Worldwide; Surpasses 'Harry Potter and the Order of the Phoenix' as Amazon's Largest New Product Release Ever | /news/news-details/2005/Harry-Potter-and-the-Half-Blood-Prince-Sets-New-Record-at-Amazon-with-More-Than-1.4-Million-Advance-Orders-Worldwide-Surpasses-Harry-Potter-and-the-Order-of-the-Phoenix-as-Amazons-Largest-New-Product-Release-Ever/default.aspx | Harry-Potter-and-the-Half-Blood-Prince-Sets-New-Record-at-Amazon-with-More-Than-1.4-Million-Advance-Orders-Worldwide-Surpasses-Harry-Potter-and-the-Order-of-the-Phoenix-as-Amazons-Largest-New-Product-Release-Ever | 4,639 | 07/12/2005 16:06:00 | 'Harry Potter and the Half-Blood Prince' Sets New Record at Amazon with More Than 1.4 Million Advance Orders Worldwide; Surpasses 'Harry Potter and the Order of the Phoenix' as Amazon's Largest New Product Release Ever | 07/12/2005 | 2005 | SEATTLE--(BUSINESS WIRE)--July 12, 2005--Amazon.com (Nasdaq:AMZN):What:
With four days remaining before its July 16 release, "Harry Potter and the Half-Blood Prince," the sixth book in the Harry Potter series, has already surpassed "Harry Potter and the Order of the Phoenix" (Book 5) as Amazon's largest new product release ever.
The newest installment in J.K. Rowling's spellbinding Harry Potter series is breaking records at Amazon, with more than 1.4 million copies of the U.S. and U.K. editions of "Harry Potter and the Half-Blood Prince" (Book 6) ordered to date on the company's retail Web sites worldwide, which include www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp and www.amazon.ca. More than 1.3 million copies of "Harry Potter and the Order of the Phoenix" were ordered on Amazon's worldwide sites in advance of its June 21, 2003 release.
Amazon is also seeing unprecedented demand for "Harry Potter and the Half-Blood Prince" on its U.S. Web site, www.amazon.com. More than 870,000 copies of the book have been ordered on the site to date, topping the record set by "Harry Potter and the Order of the Phoenix." Amazon.com received orders for more than 789,000 copies of "Harry Potter and the Order of the Phoenix" in advance of its June 21, 2003, release.
Fans can track the demand for the latest Harry Potter installment on the Amazon.com Web site right up until July 16 with Amazon.com's Harry Potter Meter, which reflects orders placed to date at www.amazon.com for "Harry Potter and the Half-Blood Prince."
Where:
To view the Harry Potter Meter, visit Amazon.com Books at www.amazon.com/books.
Delighting Muggles On July 16!
In the U.S., Amazon.com has teamed with UPS and the U.S. Postal Service to deliver "Harry Potter and the Half-Blood Prince" to excited fans in approximately 29,000 zip codes across the country this Saturday, July 16, the first day the book is available to the public. Amazon.com offered this special delivery, at no additional cost, to customers who selected Standard Shipping when ordering the book.
Note about Amazon.com's Harry Potter Meter: The Harry Potter Meter tracks the approximate number of "Harry Potter and the Half-Blood Prince" books ordered from the www.amazon.com site and from U.S. syndicated store sites, such as Borders.com, but excludes all third-party seller arrangements. The Harry Potter Meter is updated frequently but is not adjusted for ordered items that are subsequently canceled. The Harry Potter Meter should not be viewed or used as a predictor or indicator of revenue or other financial information relating to Amazon.com.
About Amazon.com
Amazon.com, Inc. (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
CONTACT: Amazon.com Media RelationsKristin Mariani, 206-266-7180SOURCE: Amazon.com | <p>SEATTLE--(BUSINESS WIRE)--July 12, 2005--Amazon.com (Nasdaq:AMZN):What:</p><p>With four days remaining before its July 16 release, "Harry Potter and the Half-Blood Prince," the sixth book in the Harry Potter series, has already surpassed "Harry Potter and the Order of the Phoenix" (Book 5) as Amazon's largest new product release ever.</p><p>The newest installment in J.K. Rowling's spellbinding Harry Potter series is breaking records at Amazon, with more than 1.4 million copies of the U.S. and U.K. editions of "Harry Potter and the Half-Blood Prince" (Book 6) ordered to date on the company's retail Web sites worldwide, which include www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp and www.amazon.ca. More than 1.3 million copies of "Harry Potter and the Order of the Phoenix" were ordered on Amazon's worldwide sites in advance of its June 21, 2003 release.</p><p>Amazon is also seeing unprecedented demand for "Harry Potter and the Half-Blood Prince" on its U.S. Web site, www.amazon.com. More than 870,000 copies of the book have been ordered on the site to date, topping the record set by "Harry Potter and the Order of the Phoenix." Amazon.com received orders for more than 789,000 copies of "Harry Potter and the Order of the Phoenix" in advance of its June 21, 2003, release.</p><p>Fans can track the demand for the latest Harry Potter installment on the Amazon.com Web site right up until July 16 with Amazon.com's Harry Potter Meter, which reflects orders placed to date at www.amazon.com for "Harry Potter and the Half-Blood Prince."</p><p>Where:</p><p>To view the Harry Potter Meter, visit Amazon.com Books at www.amazon.com/books.</p><p>Delighting Muggles On July 16!</p><p>In the U.S., Amazon.com has teamed with UPS and the U.S. Postal Service to deliver "Harry Potter and the Half-Blood Prince" to excited fans in approximately 29,000 zip codes across the country this Saturday, July 16, the first day the book is available to the public. Amazon.com offered this special delivery, at no additional cost, to customers who selected Standard Shipping when ordering the book.</p><p>Note about Amazon.com's Harry Potter Meter: The Harry Potter Meter tracks the approximate number of "Harry Potter and the Half-Blood Prince" books ordered from the www.amazon.com site and from U.S. syndicated store sites, such as Borders.com, but excludes all third-party seller arrangements. The Harry Potter Meter is updated frequently but is not adjusted for ordered items that are subsequently canceled. The Harry Potter Meter should not be viewed or used as a predictor or indicator of revenue or other financial information relating to Amazon.com.</p><p>About Amazon.com</p><p>Amazon.com, Inc. (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>CONTACT: Amazon.com Media RelationsKristin Mariani, 206-266-7180SOURCE: Amazon.com</p> |
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Amazon.com Inducts 25 Musicians into Hall of Fame; July 16 10th Anniversary Event Performers Bob Dylan and Norah Jones among Bestselling All-Time Musicians Inducted into First-Ever Hall of Fame | /news/news-details/2005/Amazon.com-Inducts-25-Musicians-into-Hall-of-Fame-July-16-10th-Anniversary-Event-Performers-Bob-Dylan-and-Norah-Jones-among-Bestselling-All-Time-Musicians-Inducted-into-First-Ever-Hall-of-Fame/default.aspx | Amazon.com-Inducts-25-Musicians-into-Hall-of-Fame-July-16-10th-Anniversary-Event-Performers-Bob-Dylan-and-Norah-Jones-among-Bestselling-All-Time-Musicians-Inducted-into-First-Ever-Hall-of-Fame | 4,641 | 07/11/2005 08:32:00 | Amazon.com Inducts 25 Musicians into Hall of Fame; July 16 10th Anniversary Event Performers Bob Dylan and Norah Jones among Bestselling All-Time Musicians Inducted into First-Ever Hall of Fame | 07/11/2005 | 2005 | SEATTLE--(BUSINESS WIRE)--July 11, 2005--Amazon.com, Inc. (Nasdaq:AMZN) today announced its all-time bestselling musicians and inducted them into the first-ever Amazon.com Hall of Fame. Amazon.com is mining its vast repository of sales information from the past decade to celebrate its 10th Anniversary.
Customers can visit the Hall of Fame area of the site at www.amazon.com/halloffame to see the top 25 bestselling authors and musicians (listed below) on Amazon.com over the past 10 years. The bestselling DVDs of all-time will be unveiled on July 13.
Amazon.com Hall of Fame Musicians (listed in order of total units sold):
1. The Beatles 10. The Rolling Stones 19. Jimmy Buffett
2. U2 11. Dave Matthews Band 20. Celine Dion
3. Norah Jones 12. Bruce Springsteen 21. Sting
4. Diana Krall 13. Sarah McLachlan 22. Johnny Cash
5. Eva Cassidy 14. Dixie Chicks 23. Ray Charles
6. Frank Sinatra 15. Josh Groban 24. Van Morrison
7. Santana 16. Elton John 25. Elvis Presley
8. Enya 17. Rod Stewart
9. Bob Dylan 18. Pink Floyd
The Hall of Fame section of the Amazon.com site also includes exclusive content from selected authors, including a story about how John Grisham found the inspiration for his next book, personal stories from James Patterson, and the chilling first chapter of a work in progress by Stephen King. The release of the Hall of Fame lists marks the first time the company has compiled overall purchasing information on authors and musical artists themselves, as opposed to single books or CDs.
July 16th marks 10 years since Founder and CEO Jeff Bezos opened the virtual doors of Amazon.com from his Seattle-area garage. Since 1995, the Web site has expanded its product offerings to include everything from music and video to tennis rackets, live Maine lobsters and loose diamonds, and operates sites for customers in the United Kingdom, Germany, Japan, France, Canada, and China.
About Amazon.com
Amazon.com, Inc., (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Amazon.com Forward Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
CONTACT: Amazon.comDrew Herdener, 206-266-7180Jani Strand, 206-266-7180SOURCE: Amazon.com | <p>SEATTLE--(BUSINESS WIRE)--July 11, 2005--Amazon.com, Inc. (Nasdaq:AMZN) today announced its all-time bestselling musicians and inducted them into the first-ever Amazon.com Hall of Fame. Amazon.com is mining its vast repository of sales information from the past decade to celebrate its 10th Anniversary.</p><p>Customers can visit the Hall of Fame area of the site at www.amazon.com/halloffame to see the top 25 bestselling authors and musicians (listed below) on Amazon.com over the past 10 years. The bestselling DVDs of all-time will be unveiled on July 13.</p><p>Amazon.com Hall of Fame Musicians (listed in order of total units sold):</p><pre>1. The Beatles 10. The Rolling Stones 19. Jimmy Buffett2. U2 11. Dave Matthews Band 20. Celine Dion3. Norah Jones 12. Bruce Springsteen 21. Sting4. Diana Krall 13. Sarah McLachlan 22. Johnny Cash5. Eva Cassidy 14. Dixie Chicks 23. Ray Charles6. Frank Sinatra 15. Josh Groban 24. Van Morrison7. Santana 16. Elton John 25. Elvis Presley8. Enya 17. Rod Stewart9. Bob Dylan 18. Pink Floyd</pre><p>The Hall of Fame section of the Amazon.com site also includes exclusive content from selected authors, including a story about how John Grisham found the inspiration for his next book, personal stories from James Patterson, and the chilling first chapter of a work in progress by Stephen King. The release of the Hall of Fame lists marks the first time the company has compiled overall purchasing information on authors and musical artists themselves, as opposed to single books or CDs.</p><p>July 16th marks 10 years since Founder and CEO Jeff Bezos opened the virtual doors of Amazon.com from his Seattle-area garage. Since 1995, the Web site has expanded its product offerings to include everything from music and video to tennis rackets, live Maine lobsters and loose diamonds, and operates sites for customers in the United Kingdom, Germany, Japan, France, Canada, and China.</p><p>About Amazon.com</p><p>Amazon.com, Inc., (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Amazon.com Forward Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>CONTACT: Amazon.comDrew Herdener, 206-266-7180Jani Strand, 206-266-7180SOURCE: Amazon.com</p> |
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Amazon.com Inducts Authors, Musicians and Movies into First-Ever ``Hall of Fame'' to Kick off 10th Anniversary Celebration; All-Time Bestseller Lists Showcase Customer Trends of the Past Decade | /news/news-details/2005/Amazon.com-Inducts-Authors-Musicians-and-Movies-into-First-Ever-Hall-of-Fame-to-Kick-off-10th-Anniversary-Celebration-All-Time-Bestseller-Lists-Showcase-Customer-Trends-of-the-Past-Decade/default.aspx | Amazon.com-Inducts-Authors-Musicians-and-Movies-into-First-Ever-Hall-of-Fame-to-Kick-off-10th-Anniversary-Celebration-All-Time-Bestseller-Lists-Showcase-Customer-Trends-of-the-Past-Decade | 4,644 | 07/07/2005 08:31:00 | Amazon.com Inducts Authors, Musicians and Movies into First-Ever ``Hall of Fame'' to Kick off 10th Anniversary Celebration; All-Time Bestseller Lists Showcase Customer Trends of the Past Decade | 07/07/2005 | 2005 | SEATTLE--(BUSINESS WIRE)--July 7, 2005--Amazon.com, Inc. (Nasdaq:AMZN) today announced its all-time bestselling authors, musicians, and movies, and inducted them into the first-ever Amazon.com Hall of Fame. Amazon.com mined its vast repository of sales information from the past decade to celebrate its 10th Anniversary. Today, customers can visit the Hall of Fame area of the site at www.amazon.com/halloffame to see the top 25 best-selling authors on Amazon.com, as well as exclusive content from selected authors, which include a story about how John Grisham found the inspiration for his next book, personal stories from James Patterson, and the chilling first chapter of a work in progress by Stephen King.
The top-selling musicians will be unveiled on July 11 and the favorite DVDs on July 13.
10th Anniversary Hall of Fame Authors
1. J.K. Rowling 13. C.S. Lewis
2. Spencer Johnson 14. Mitch Albom
3. Nora Roberts 15. Ken Blanchard
4. Dan Brown 16. James Patterson
5. Dr. Seuss 17. Stephen R. Covey
6. John Grisham 18. Mary Pope Osborne
7. Stephen King 19. Marcus Buckingham
8. J.R.R. Tolkien 20. Lemony Snicket
9. Tim LaHaye and Jerry Jenkins 21. John C. Maxwell
10. Jim Collins 22. Janet Evanovich
11. Phil McGraw 23. Robert T. Kiyosaki
12. Robert Atkins 24. Arthur Agatson
25. Tom Clancy
"The Amazon.com Hall of Fame provides a unique and fascinating look into American culture through the tastes and buying habits of tens of millions of people who have shopped at Amazon.com since its inception -- and there are some surprises," said Amazon.com Vice President Kathy Savitt. "For instance, it's not surprising that J.K. Rowling tops the Authors Hall of Fame List, but guess who just missed it at #26? William Shakespeare."
The release of the Hall of Fame lists marks the first time the company has compiled overall purchasing information on authors and musical artists themselves, as opposed to single books or CDs.
Wish List Spree
As part of its 10th Anniversary thank-you to customers, the Company is also offering customers a Wish List Spree sweepstakes on the Amazon.com site. Customers who create a new Wish List between July 7 and July 16 will be automatically entered to have their Wish List fulfilled. Two customers will be randomly selected to win their Wish Lists up to $5,000. Ten customers will win their Wish Lists up to $1,000. Additionally, 10 winners will receive a $500 gift certificate redeemable on the Amazon.com site. Already have a Wish List? You still can win by creating a new Wish List during the entry period. Amazon.com recently added new functionality that enables customers to create multiple Wish Lists for any purpose, including various gift-giving occasions. NO PURCHASE NECESSARY. Must be 18 or older and a legal resident of one of the 50 United States or the District of Columbia. Odds of winning depend on number of eligible entries received. For details, see Official Rules at www.amazon.com/wishlistspree.
July 16th marks 10 years since Founder and CEO Jeff Bezos opened the virtual doors of Amazon.com from his Seattle-area garage. Since 1995, the Web site has expanded its product offerings to include everything from music and video to tennis rackets, live Maine lobsters and loose diamonds, and operates sites for customers in the United Kingdom, Germany, Japan, France, Canada, and China.
About Amazon.com
Amazon.com, Inc., (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Amazon.com Forward Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
CONTACT: Amazon.comDrew Herdener or Jani Strand, 206-266-7180SOURCE: Amazon.com, Inc. | <p>SEATTLE--(BUSINESS WIRE)--July 7, 2005--Amazon.com, Inc. (Nasdaq:AMZN) today announced its all-time bestselling authors, musicians, and movies, and inducted them into the first-ever Amazon.com Hall of Fame. Amazon.com mined its vast repository of sales information from the past decade to celebrate its 10th Anniversary. Today, customers can visit the Hall of Fame area of the site at www.amazon.com/halloffame to see the top 25 best-selling authors on Amazon.com, as well as exclusive content from selected authors, which include a story about how John Grisham found the inspiration for his next book, personal stories from James Patterson, and the chilling first chapter of a work in progress by Stephen King.</p><p>The top-selling musicians will be unveiled on July 11 and the favorite DVDs on July 13.</p><pre>10th Anniversary Hall of Fame Authors1. J.K. Rowling 13. C.S. Lewis2. Spencer Johnson 14. Mitch Albom3. Nora Roberts 15. Ken Blanchard4. Dan Brown 16. James Patterson5. Dr. Seuss 17. Stephen R. Covey6. John Grisham 18. Mary Pope Osborne7. Stephen King 19. Marcus Buckingham8. J.R.R. Tolkien 20. Lemony Snicket9. Tim LaHaye and Jerry Jenkins 21. John C. Maxwell10. Jim Collins 22. Janet Evanovich11. Phil McGraw 23. Robert T. Kiyosaki12. Robert Atkins 24. Arthur Agatson 25. Tom Clancy</pre><p>"The Amazon.com Hall of Fame provides a unique and fascinating look into American culture through the tastes and buying habits of tens of millions of people who have shopped at Amazon.com since its inception -- and there are some surprises," said Amazon.com Vice President Kathy Savitt. "For instance, it's not surprising that J.K. Rowling tops the Authors Hall of Fame List, but guess who just missed it at #26? William Shakespeare."</p><p>The release of the Hall of Fame lists marks the first time the company has compiled overall purchasing information on authors and musical artists themselves, as opposed to single books or CDs.</p><p>Wish List Spree</p><p>As part of its 10th Anniversary thank-you to customers, the Company is also offering customers a Wish List Spree sweepstakes on the Amazon.com site. Customers who create a new Wish List between July 7 and July 16 will be automatically entered to have their Wish List fulfilled. Two customers will be randomly selected to win their Wish Lists up to $5,000. Ten customers will win their Wish Lists up to $1,000. Additionally, 10 winners will receive a $500 gift certificate redeemable on the Amazon.com site. Already have a Wish List? You still can win by creating a new Wish List during the entry period. Amazon.com recently added new functionality that enables customers to create multiple Wish Lists for any purpose, including various gift-giving occasions. NO PURCHASE NECESSARY. Must be 18 or older and a legal resident of one of the 50 United States or the District of Columbia. Odds of winning depend on number of eligible entries received. For details, see Official Rules at www.amazon.com/wishlistspree.</p><p>July 16th marks 10 years since Founder and CEO Jeff Bezos opened the virtual doors of Amazon.com from his Seattle-area garage. Since 1995, the Web site has expanded its product offerings to include everything from music and video to tennis rackets, live Maine lobsters and loose diamonds, and operates sites for customers in the United Kingdom, Germany, Japan, France, Canada, and China.</p><p>About Amazon.com</p><p>Amazon.com, Inc., (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Amazon.com Forward Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>CONTACT: Amazon.comDrew Herdener or Jani Strand, 206-266-7180SOURCE: Amazon.com, Inc.</p> |
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Amazon.com to Thank Customers with Surprise Special Deliveries by Their Favorite Stars and UPS; Ten Days of Special Deliveries with UPS Celebrating Amazon.com's 10th Anniversary to Stream Live Every Day on Amazon.com Beginning July 7 | /news/news-details/2005/Amazon.com-to-Thank-Customers-with-Surprise-Special-Deliveries-by-Their-Favorite-Stars-and-UPS-Ten-Days-of-Special-Deliveries-with-UPS-Celebrating-Amazon.coms-10th-Anniversary-to-Stream-Live-Every-Day-on-Amazon.com-Beginning-July-7/default.aspx | Amazon.com-to-Thank-Customers-with-Surprise-Special-Deliveries-by-Their-Favorite-Stars-and-UPS-Ten-Days-of-Special-Deliveries-with-UPS-Celebrating-Amazon.coms-10th-Anniversary-to-Stream-Live-Every-Day-on-Amazon.com-Beginning-July-7 | 4,646 | 07/06/2005 08:31:00 | Amazon.com to Thank Customers with Surprise Special Deliveries by Their Favorite Stars and UPS; Ten Days of Special Deliveries with UPS Celebrating Amazon.com's 10th Anniversary to Stream Live Every Day on Amazon.com Beginning July 7 | 07/06/2005 | 2005 | SEATTLE--(BUSINESS WIRE)--July 6, 2005--Amazon.com, Inc. (Nasdaq:AMZN) today announced that it is teaming with UPS to make special surprise deliveries to select customers over the next 10 days. Randomly selected customers across the country will open their doors to find a favorite actor, musician, athlete or author personally making "Special Deliveries" of their Amazon.com order alongside a UPS driver. Beginning tomorrow, July 7, webcasts of the Amazon.com 10th Anniversary Special Deliveries will be streamed on Amazon.com.
"We are excited to celebrate our 10th Anniversary with these special thank-you surprises for our customers," said Amazon.com Vice President Kathy Savitt. "Amazon.com and UPS will continue to surprise customers with these special deliveries until July 16, so you might see us on your doorstep."
Among the celebrities scheduled to make special deliveries are actor Harrison Ford who may deliver the "Raiders of the Lost Ark" DVD, Grammy-award winning musician Moby hand-delivering his recently released CD "Hotel," and Jason Alexander with a "Seinfeld" DVD. New special deliveries will be streamed on the Amazon.com web site each day until July 16 when the Amazon.com 10th Anniversary Event featuring performances by Bob Dylan and Norah Jones is streamed live on the Amazon.com home page.
In addition to webcasts of each special delivery, Amazon.com is hosting a boutique for each customer-favorite celebrity who makes a delivery. These boutiques include the product they personally delivered as well as additional products hand-picked by the celebrity, and in some cases, information about the celebrity's favorite charity.
July 16th marks 10 years since Founder and CEO Jeff Bezos opened the virtual doors of Amazon.com from his Seattle-area garage. Since 1995, the Web site has expanded its product offerings to include everything from music and video to tennis rackets, live Maine lobsters and loose diamonds, and operates sites for customers in the United Kingdom, Germany, Japan, France, Canada, and China.
Over these past 10 years, UPS (NYSE:UPS) has delivered more than 175 million Amazon.com packages. UPS drivers selected to participate in these special deliveries have noteworthy accomplishments in safety, service and community involvement.
About Amazon.com
Amazon.com, Inc., (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Amazon.com Forward-Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
About UPS
UPS is the world's largest package delivery company and a global leader in supply chain services, offering an extensive range of options for synchronizing the movement of goods, information, and funds. For more than a decade, UPS has helped businesses thrive in the online environment through innovative technologies. Today, more than 300,000 UPS customers use unique Web-based tools to better serve their own customers while generating operational efficiencies. Headquartered in Atlanta, UPS serves more than 200 countries and territories worldwide.
CONTACT: Amazon.com, SeattleDrew Herdener or Jani Strand, 206-266-7180SOURCE: Amazon.com, Inc. | <p>SEATTLE--(BUSINESS WIRE)--July 6, 2005--Amazon.com, Inc. (Nasdaq:AMZN) today announced that it is teaming with UPS to make special surprise deliveries to select customers over the next 10 days. Randomly selected customers across the country will open their doors to find a favorite actor, musician, athlete or author personally making "Special Deliveries" of their Amazon.com order alongside a UPS driver. Beginning tomorrow, July 7, webcasts of the Amazon.com 10th Anniversary Special Deliveries will be streamed on Amazon.com.</p><p>"We are excited to celebrate our 10th Anniversary with these special thank-you surprises for our customers," said Amazon.com Vice President Kathy Savitt. "Amazon.com and UPS will continue to surprise customers with these special deliveries until July 16, so you might see us on your doorstep."</p><p>Among the celebrities scheduled to make special deliveries are actor Harrison Ford who may deliver the "Raiders of the Lost Ark" DVD, Grammy-award winning musician Moby hand-delivering his recently released CD "Hotel," and Jason Alexander with a "Seinfeld" DVD. New special deliveries will be streamed on the Amazon.com web site each day until July 16 when the Amazon.com 10th Anniversary Event featuring performances by Bob Dylan and Norah Jones is streamed live on the Amazon.com home page.</p><p>In addition to webcasts of each special delivery, Amazon.com is hosting a boutique for each customer-favorite celebrity who makes a delivery. These boutiques include the product they personally delivered as well as additional products hand-picked by the celebrity, and in some cases, information about the celebrity's favorite charity.</p><p>July 16th marks 10 years since Founder and CEO Jeff Bezos opened the virtual doors of Amazon.com from his Seattle-area garage. Since 1995, the Web site has expanded its product offerings to include everything from music and video to tennis rackets, live Maine lobsters and loose diamonds, and operates sites for customers in the United Kingdom, Germany, Japan, France, Canada, and China.</p><p>Over these past 10 years, UPS (NYSE:UPS) has delivered more than 175 million Amazon.com packages. UPS drivers selected to participate in these special deliveries have noteworthy accomplishments in safety, service and community involvement.</p><p>About Amazon.com</p><p>Amazon.com, Inc., (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Amazon.com Forward-Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>About UPS</p><p>UPS is the world's largest package delivery company and a global leader in supply chain services, offering an extensive range of options for synchronizing the movement of goods, information, and funds. For more than a decade, UPS has helped businesses thrive in the online environment through innovative technologies. Today, more than 300,000 UPS customers use unique Web-based tools to better serve their own customers while generating operational efficiencies. Headquartered in Atlanta, UPS serves more than 200 countries and territories worldwide.</p><p>CONTACT: Amazon.com, SeattleDrew Herdener or Jani Strand, 206-266-7180SOURCE: Amazon.com, Inc.</p> |
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Amazon.com, American Express and the Tribeca Film Festival Announce Winner in Short-Film Competition; Amazon.com Customers Determined the Grand Prize Winner; Founding Partner American Express Provides $50,000 Grand Prize | /news/news-details/2005/Amazon.com-American-Express-and-the-Tribeca-Film-Festival-Announce-Winner-in-Short-Film-Competition-Amazon.com-Customers-Determined-the-Grand-Prize-Winner-Founding-Partner-American-Express-Provides-50000-Grand-Prize/default.aspx | Amazon.com-American-Express-and-the-Tribeca-Film-Festival-Announce-Winner-in-Short-Film-Competition-Amazon.com-Customers-Determined-the-Grand-Prize-Winner-Founding-Partner-American-Express-Provides-50000-Grand-Prize | 4,648 | 06/29/2005 20:01:00 | Amazon.com, American Express and the Tribeca Film Festival Announce Winner in Short-Film Competition; Amazon.com Customers Determined the Grand Prize Winner; Founding Partner American Express Provides $50,000 Grand Prize | 06/29/2005 | 2005 | NEW YORK--(BUSINESS WIRE)--June 29, 2005--Amazon.com, Inc. (Nasdaq:AMZN), American Express and Tribeca Film Festival founders Robert De Niro, Jane Rosenthal, and Craig Hatkoff, today announced that Jon Lindgren is the grand-prize winning filmmaker of the Amazon Theater/Tribeca Film Festival Short-Film Competition for Rachel's Challenge.
Lindgren will receive $50,000 to fund his next film project, to be awarded from American Express. Amazon.com and American Express are committed to enabling aspiring and working filmmakers to continue to develop and refine their craft and identify new opportunities and outlets to show their work.
The five finalists and their families gathered at the Tribeca Cinemas in New York City tonight for the film presentation and award ceremony. Film industry executives and celebrities including Tom Wolfe, Damon Dash, Jeffrey Wright, Anthony Mackie, Elaine Goldsmith-Thomas, John Sykes, Susie Essman, Anna Deveare Smith, John Sloss, Jay Roach and Nick Callaway were among the guests celebrating the winning film.
Jane Rosenthal, co-founder, Tribeca Productions and Film Festival along with Kathy Savitt, Amazon.com vice president of Strategic Communications, Content and Initiatives commended each filmmaker for their creativity, commitment to filmmaking and for participating in the competition. John Hayes, chief marketing officer, American Express, presented the award.
Lindgren created Rachel's Challenge, a seven minute short-film chronicling a behind-the-scenes battle of good vs. evil surrounding the Columbine High School shootings.
Originally from Warren, Pennsylvania, he is married with two children and currently living in Midland, Texas. He is a small-business owner of an advertising agency and a video production company where he produces videos that serve as endowment campaigns for non-profit groups and moral educational products for schools. Lindgren found inspiration for his short film, Rachel's Challenge, in the opportunity to tell a real-life story demonstrating heroism, self-sacrifice, and endurance through hardship and unusual circumstances.
More than 1,000 films and over 2 million minutes of film footage were initially submitted to The Tribeca Screening Room (www.amazon.com/screeningroom) for the Amazon Theater/Tribeca Film Festival Short-Film Competition, where millions of Amazon.com customers took part in a search for the next great short-film maker by viewing and rating randomly-selected films from April 18th through May 20th. At the end of May, the five finalist films with the highest ratings were featured on the Amazon.com welcome page over a period of four weeks. Again, Amazon.com customers rated the five finalists to determine the overall winner of the Amazon Theater/Tribeca Film Festival Short-Film Competition.
Throughout the competition, celebrity jurors including Gwyneth Paltrow, Donald Sutherland, David Duchovny, Ice Cube, Marc Anthony, Stanley Tucci, John Hamburg and Taylor Hackford, in addition to customers, were able to write and post their own reviews and commentary about the films, as well as read reviews from other customers and celebrities.
Other finalist films included:Fragile, by David Cumbo:
A brilliantly animated psychological journey of a young child coping with the death of his older sibling.
Post Traumatic, by James Seale:
An homage to the classic conspiracy thrillers of the 70's, a soldier returns home from the war in Iraq to find himself being followed by shadowy CIA types.
Street Therapy, by Jason Rice:
Gritty and personal, a homeless man offers his fellow NYC residents an outlet for their frustrations ... for a small fee of course.
Misfortune Cookie, by Jack Paccione, Jr.:
A suspenseful and thought-provoking tale of an arrogant man who receives an unwelcome message in his fortune cookie.
Macromedia Flash is the exclusive video format for the Amazon Theater/Tribeca Film Festival Short-Film Competition.
About Tribeca Film Festival
The Tribeca Film Festival was founded by Robert De Niro, Jane Rosenthal and Craig Hatkoff to celebrate New York City as a major filmmaking capital. Tribeca Cinemas, located at 54 Varick Street, was acquired by the Festival founders in 2003 and serves as a year-round venue for the Festival and its related activities.
The 2005 Festival, presented by American Express, took place from April 19th to May 1st in various locations throughout lower Manhattan. The 2005 Festival featured special events, outdoor concerts and screenings, a street fair, and panel discussions with noted filmmakers.
About Amazon.com
Amazon.com, Inc., (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
About American Express
American Express has been the Founding Sponsor of the Festival since its inception in 2002. Part of a multi-year relationship, the sponsorship demonstrates American Express' dedication to the goals of the Festival and the revitalization of lower Manhattan. American Express hosted the Tribeca Drive-in outdoor screenings, the Tribeca Family Festival and Family Festival Street Fair. It also sponsored the Festival's Online Vote, where film fans are invited to choose their favorite film (the winning Film was shown at the Regal Cinemas 11, the Official Theater Exhibitor of the Tribeca Film Festival). American Express was also the Festival's Information Sponsor, helping to enhance the festival-goer experience by providing special opportunities and access to events.
CONTACT: Rubenstein CommunicationsAmy Jacobs, 212-843-8077orSusan Arons, 212-843-8033SOURCE: Amazon.com, Inc. | <p>NEW YORK--(BUSINESS WIRE)--June 29, 2005--Amazon.com, Inc. (Nasdaq:AMZN), American Express and Tribeca Film Festival founders Robert De Niro, Jane Rosenthal, and Craig Hatkoff, today announced that Jon Lindgren is the grand-prize winning filmmaker of the Amazon Theater/Tribeca Film Festival Short-Film Competition for Rachel's Challenge.</p><p>Lindgren will receive $50,000 to fund his next film project, to be awarded from American Express. Amazon.com and American Express are committed to enabling aspiring and working filmmakers to continue to develop and refine their craft and identify new opportunities and outlets to show their work.</p><p>The five finalists and their families gathered at the Tribeca Cinemas in New York City tonight for the film presentation and award ceremony. Film industry executives and celebrities including Tom Wolfe, Damon Dash, Jeffrey Wright, Anthony Mackie, Elaine Goldsmith-Thomas, John Sykes, Susie Essman, Anna Deveare Smith, John Sloss, Jay Roach and Nick Callaway were among the guests celebrating the winning film.</p><p>Jane Rosenthal, co-founder, Tribeca Productions and Film Festival along with Kathy Savitt, Amazon.com vice president of Strategic Communications, Content and Initiatives commended each filmmaker for their creativity, commitment to filmmaking and for participating in the competition. John Hayes, chief marketing officer, American Express, presented the award.</p><p>Lindgren created Rachel's Challenge, a seven minute short-film chronicling a behind-the-scenes battle of good vs. evil surrounding the Columbine High School shootings.</p><p>Originally from Warren, Pennsylvania, he is married with two children and currently living in Midland, Texas. He is a small-business owner of an advertising agency and a video production company where he produces videos that serve as endowment campaigns for non-profit groups and moral educational products for schools. Lindgren found inspiration for his short film, Rachel's Challenge, in the opportunity to tell a real-life story demonstrating heroism, self-sacrifice, and endurance through hardship and unusual circumstances.</p><p>More than 1,000 films and over 2 million minutes of film footage were initially submitted to The Tribeca Screening Room (www.amazon.com/screeningroom) for the Amazon Theater/Tribeca Film Festival Short-Film Competition, where millions of Amazon.com customers took part in a search for the next great short-film maker by viewing and rating randomly-selected films from April 18th through May 20th. At the end of May, the five finalist films with the highest ratings were featured on the Amazon.com welcome page over a period of four weeks. Again, Amazon.com customers rated the five finalists to determine the overall winner of the Amazon Theater/Tribeca Film Festival Short-Film Competition.</p><p>Throughout the competition, celebrity jurors including Gwyneth Paltrow, Donald Sutherland, David Duchovny, Ice Cube, Marc Anthony, Stanley Tucci, John Hamburg and Taylor Hackford, in addition to customers, were able to write and post their own reviews and commentary about the films, as well as read reviews from other customers and celebrities.</p><p>Other finalist films included:Fragile, by David Cumbo:</p><p>A brilliantly animated psychological journey of a young child coping with the death of his older sibling.</p><p>Post Traumatic, by James Seale:</p><p>An homage to the classic conspiracy thrillers of the 70's, a soldier returns home from the war in Iraq to find himself being followed by shadowy CIA types.</p><p>Street Therapy, by Jason Rice:</p><p>Gritty and personal, a homeless man offers his fellow NYC residents an outlet for their frustrations ... for a small fee of course.</p><p>Misfortune Cookie, by Jack Paccione, Jr.:</p><p>A suspenseful and thought-provoking tale of an arrogant man who receives an unwelcome message in his fortune cookie.</p><p>Macromedia Flash is the exclusive video format for the Amazon Theater/Tribeca Film Festival Short-Film Competition.</p><p>About Tribeca Film Festival</p><p>The Tribeca Film Festival was founded by Robert De Niro, Jane Rosenthal and Craig Hatkoff to celebrate New York City as a major filmmaking capital. Tribeca Cinemas, located at 54 Varick Street, was acquired by the Festival founders in 2003 and serves as a year-round venue for the Festival and its related activities.</p><p>The 2005 Festival, presented by American Express, took place from April 19th to May 1st in various locations throughout lower Manhattan. The 2005 Festival featured special events, outdoor concerts and screenings, a street fair, and panel discussions with noted filmmakers.</p><p>About Amazon.com</p><p>Amazon.com, Inc., (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>About American Express</p><p>American Express has been the Founding Sponsor of the Festival since its inception in 2002. Part of a multi-year relationship, the sponsorship demonstrates American Express' dedication to the goals of the Festival and the revitalization of lower Manhattan. American Express hosted the Tribeca Drive-in outdoor screenings, the Tribeca Family Festival and Family Festival Street Fair. It also sponsored the Festival's Online Vote, where film fans are invited to choose their favorite film (the winning Film was shown at the Regal Cinemas 11, the Official Theater Exhibitor of the Tribeca Film Festival). American Express was also the Festival's Information Sponsor, helping to enhance the festival-goer experience by providing special opportunities and access to events.</p><p>CONTACT: Rubenstein CommunicationsAmy Jacobs, 212-843-8077orSusan Arons, 212-843-8033SOURCE: Amazon.com, Inc.</p> |
||
Amazon.com, the Tribeca Film Festival and American Express Announce a Second Short-Film Competition | /news/news-details/2005/Amazon.com-the-Tribeca-Film-Festival-and-American-Express-Announce-a-Second-Short-Film-Competition/default.aspx | Amazon.com-the-Tribeca-Film-Festival-and-American-Express-Announce-a-Second-Short-Film-Competition | 4,649 | 06/29/2005 09:01:00 | Amazon.com, the Tribeca Film Festival and American Express Announce a Second Short-Film Competition | 06/29/2005 | 2005 | The on-line search for the next great short- filmmaker continues following the success of the inaugural competition
NEW YORK--(BUSINESS WIRE)--June 29, 2005--
Amazon.com, Inc. (Nasdaq:AMZN) and Tribeca Film Festival founders Robert De Niro, Jane Rosenthal, and Craig Hatkoff, along with Tribeca Film Festival founding partner American Express, today announced a second Amazon Theater/Tribeca Film Festival Short-Film Competition, in recognition of the critical role that short films have played in the broader filmmaking world.
This announcement follows the just-completed inaugural Short-Film Competition, to which more than 1,000 films were submitted and hundreds of thousands of Amazon.com customer ratings were given. This evening at Tribeca Cinemas in New York City, one of the five finalists from the first competition will be awarded a grand prize of $50,000 from American Express. Hosting a second competition illustrates the dedication of Amazon.com, the Tribeca Film Festival and its founding partner American Express to the filmmaking community. The goal is to offer even more short-film makers the opportunity to reach new and expanded audiences, as well as a convenient way for those audiences to enjoy their work.
Beginning today through August 17, Amazon.com will accept short-film submissions for entry into the competition. Filmmakers can submit films that are up to seven minutes in length, according to the rules and instructions found at www.amazon.com/shortfilms.
On August 26, the Tribeca Screening Room opens, and Amazon.com customers will assume the role of online jurors by rating films using Amazon.com's star rating system. Once again, the five highest-rated films will become competition finalists, and will be featured on the Amazon.com home page. The grand prize-winner of the second competition will be announced in November, and will receive $50,000 toward his or her next film project, from American Express
"Amazon.com customers submitted hundreds of thousands of ratings in the first short-film competition, and we're pleased to offer them the opportunity to discover and enjoy great filmmaking talent once again," said Amazon.com vice president Kathy Savitt. "Amazon.com is providing filmmakers with a new platform to present their films, thus enabling more great stories to be told, engaging more viewers and fans."
"We are excited to partner once again with the Tribeca Film Festival and Amazon.com in presenting the second Short-Film Competition," said Nancy Smith, American Express' vice president, Global Media and Sponsorship Marketing. "As a supporter of the filmmaking community, we believe this competition offers filmmakers a unique opportunity to express their creativity and showcase their work in a compelling and innovative forum."
"The Tribeca Film Festival is committed to discovering new talent and providing innovative platforms for emerging filmmakers," said Jennifer Maguire, president of the Tribeca Film Festival. "With our partners Amazon.com and American Express, we are able to give filmmakers an outlet to showcase their work to the film community as well as film enthusiasts globally."
Macromedia Flash will be the exclusive video format for the Amazon Theater/Tribeca Film Festival Short-Film Competition.
About Tribeca Film Festival
The Tribeca Film Festival was founded by Robert De Niro, Jane Rosenthal and Craig Hatkoff to celebrate New York City as a major filmmaking capital. Tribeca Cinemas, located at 54 Varick Street, was acquired by the Festival founders in 2003 and serves as a year-round venue for the Festival and its related activities.
The 2005 Festival, presented by American Express, took place from April 19th to May 1st in various locations throughout lower Manhattan. The 2005 Festival featured special events, concerts, outdoor screenings, a street fair, and panel discussions with noted filmmakers.
About Amazon.com
Amazon.com, Inc., (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
About American Express
American Express has been the Founding Sponsor of the Festival since its inception in 2002. Part of a multi-year relationship, the sponsorship demonstrates American Express' dedication to the goals of the Festival and the revitalization of lower Manhattan. American Express hosted the Tribeca Drive-in outdoor screenings, the Tribeca Family Festival and Family Festival Street Fair. It also sponsored the Festival's Online Vote, where film fans are invited to choose their favorite film (the winning Film was shown at the Regal Cinemas 11, the Official Theater Exhibitor of the Tribeca Film Festival). American Express was also the Festival's Information Sponsor, helping to enhance the festival-goer experience by providing special opportunities and access to events.
CONTACT: Rubenstein Communications, Inc.Amy Jacobs, 212-843-8077SOURCE: Amazon.com, Inc. | <p>The on-line search for the next great short- filmmaker continues following the success of the inaugural competition</p><p>NEW YORK--(BUSINESS WIRE)--June 29, 2005--</p><p>Amazon.com, Inc. (Nasdaq:AMZN) and Tribeca Film Festival founders Robert De Niro, Jane Rosenthal, and Craig Hatkoff, along with Tribeca Film Festival founding partner American Express, today announced a second Amazon Theater/Tribeca Film Festival Short-Film Competition, in recognition of the critical role that short films have played in the broader filmmaking world.</p><p>This announcement follows the just-completed inaugural Short-Film Competition, to which more than 1,000 films were submitted and hundreds of thousands of Amazon.com customer ratings were given. This evening at Tribeca Cinemas in New York City, one of the five finalists from the first competition will be awarded a grand prize of $50,000 from American Express. Hosting a second competition illustrates the dedication of Amazon.com, the Tribeca Film Festival and its founding partner American Express to the filmmaking community. The goal is to offer even more short-film makers the opportunity to reach new and expanded audiences, as well as a convenient way for those audiences to enjoy their work.</p><p>Beginning today through August 17, Amazon.com will accept short-film submissions for entry into the competition. Filmmakers can submit films that are up to seven minutes in length, according to the rules and instructions found at www.amazon.com/shortfilms.</p><p>On August 26, the Tribeca Screening Room opens, and Amazon.com customers will assume the role of online jurors by rating films using Amazon.com's star rating system. Once again, the five highest-rated films will become competition finalists, and will be featured on the Amazon.com home page. The grand prize-winner of the second competition will be announced in November, and will receive $50,000 toward his or her next film project, from American Express</p><p>"Amazon.com customers submitted hundreds of thousands of ratings in the first short-film competition, and we're pleased to offer them the opportunity to discover and enjoy great filmmaking talent once again," said Amazon.com vice president Kathy Savitt. "Amazon.com is providing filmmakers with a new platform to present their films, thus enabling more great stories to be told, engaging more viewers and fans."</p><p>"We are excited to partner once again with the Tribeca Film Festival and Amazon.com in presenting the second Short-Film Competition," said Nancy Smith, American Express' vice president, Global Media and Sponsorship Marketing. "As a supporter of the filmmaking community, we believe this competition offers filmmakers a unique opportunity to express their creativity and showcase their work in a compelling and innovative forum."</p><p>"The Tribeca Film Festival is committed to discovering new talent and providing innovative platforms for emerging filmmakers," said Jennifer Maguire, president of the Tribeca Film Festival. "With our partners Amazon.com and American Express, we are able to give filmmakers an outlet to showcase their work to the film community as well as film enthusiasts globally."</p><p>Macromedia Flash will be the exclusive video format for the Amazon Theater/Tribeca Film Festival Short-Film Competition.</p><p>About Tribeca Film Festival</p><p>The Tribeca Film Festival was founded by Robert De Niro, Jane Rosenthal and Craig Hatkoff to celebrate New York City as a major filmmaking capital. Tribeca Cinemas, located at 54 Varick Street, was acquired by the Festival founders in 2003 and serves as a year-round venue for the Festival and its related activities.</p><p>The 2005 Festival, presented by American Express, took place from April 19th to May 1st in various locations throughout lower Manhattan. The 2005 Festival featured special events, concerts, outdoor screenings, a street fair, and panel discussions with noted filmmakers.</p><p>About Amazon.com</p><p>Amazon.com, Inc., (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>About American Express</p><p>American Express has been the Founding Sponsor of the Festival since its inception in 2002. Part of a multi-year relationship, the sponsorship demonstrates American Express' dedication to the goals of the Festival and the revitalization of lower Manhattan. American Express hosted the Tribeca Drive-in outdoor screenings, the Tribeca Family Festival and Family Festival Street Fair. It also sponsored the Festival's Online Vote, where film fans are invited to choose their favorite film (the winning Film was shown at the Regal Cinemas 11, the Official Theater Exhibitor of the Tribeca Film Festival). American Express was also the Festival's Information Sponsor, helping to enhance the festival-goer experience by providing special opportunities and access to events.</p><p>CONTACT: Rubenstein Communications, Inc.Amy Jacobs, 212-843-8077SOURCE: Amazon.com, Inc.</p> |
||
Meet Amazon.com's First-Ever Harry Potter Kids Review Panel!; Ten Hogwarts Experts Reveal Their Expectations for ``Harry Potter and the Half-Blood Prince'' in Short Videos Now Viewable on Amazon.com | /news/news-details/2005/Meet-Amazon.coms-First-Ever-Harry-Potter-Kids-Review-Panel-Ten-Hogwarts-Experts-Reveal-Their-Expectations-for-Harry-Potter-and-the-Half-Blood-Prince-in-Short-Videos-Now-Viewable-on-Amazon.com/default.aspx | Meet-Amazon.coms-First-Ever-Harry-Potter-Kids-Review-Panel-Ten-Hogwarts-Experts-Reveal-Their-Expectations-for-Harry-Potter-and-the-Half-Blood-Prince-in-Short-Videos-Now-Viewable-on-Amazon.com | 4,650 | 06/28/2005 09:03:00 | Meet Amazon.com's First-Ever Harry Potter Kids Review Panel!; Ten Hogwarts Experts Reveal Their Expectations for ``Harry Potter and the Half-Blood Prince'' in Short Videos Now Viewable on Amazon.com | 06/28/2005 | 2005 | SEATTLE--(BUSINESS WIRE)--June 28, 2005--Amazon.com (www.amazon.com) today unveiled its first-ever Harry Potter Kids Review Panel. These 10 young Harry Potter aficionados, ranging in age from 10 to 17 years, will serve as Amazon.com's Harry Potter "experts" on the Web site and in media interviews leading up to and following the much-lauded July 16 release of "Harry Potter and the Half-Blood Prince."
Starting today, fellow Harry Potter fans can visit Amazon.com to watch each panel member's video and hear their theories about what's in store for readers come July 16. The Amazon.com Harry Potter Kids Review Panel videos can be accessed by going to www.amazon.com/hpkidspanel.
To form the panel, Amazon.com invited muggles under the age of 18 to submit a 1- to 3-minute video in which they explained why they love Harry Potter, their favorite moments from the series, why they consider themselves a Harry Potter expert and what they're hoping will happen in "Harry Potter and the Half-Blood Prince."
Amazon's Harry Potter Kids Review Panel members are:-- Kaitlin Bennett, age 13, from Houston, Texas. Kaitlin thinks the novels really shine when Harry and his friends do pure, selfless acts to protect one another.-- Emily Collier, age 17, from Orange County, California. In the blink of an eye Emily can tell you how many stairs there are in Hogwarts and who the oldest Weasley family member is.-- Priya Farooq, age 15, from Westchester County, New York. Priya loved the explosion of emotion in the Shrieking Shack when Peter Pettigrew was confronted.-- Chelsea Guy, age 13, from Knoxville, Tennessee. Chelsea loves the Harry Potter series because it proves that when boys put their minds to it they really can accomplish things.-- Ben Johnson, age 16, from Lancaster, Pennsylvania. Ben believes that Sirius will play a role in Book 6, although he may not be alive, as will Pettigrew, who was conspicuously absent in "Harry Potter and the Order of the Phoenix."-- Aspen Ott, age 14, from Mesa, Arizona. Aspen is convinced that Harry should date Luna in "Harry Potter and the Half-Blood Prince."-- Rachel Purdom, age 10, from Philadelphia, Pennsylvania. Rachel has read all the Harry Potter books at least 10 times each and claims she can mentally scan them in her head to answer any Harry Potter question.-- Taylor Swaney, age 12, from Liberty, North Carolina. Taylor hopes that, in Book 6, Draco will come to need Harry, and that Harry will come to his rescue.-- Aliyah Weinstein, age 14, from Camden, New Jersey. Aliyah has her own Harry Potter theories Web site and is also the coeditor of a very popular Harry Potter Web site.-- Kendall Westbrook, age 11, from Dallas, Texas. Kendall loves Harry Potter books because they are "complicated, yet, so obvious" and are filled with suspense, humor, sorrow, and action.
"We'd like to thank all of the talented and passionate muggles who responded to our call for Harry Potter Kids Review Panel members," said Greg Greeley, Amazon's vice president of North America media products. "Watching the submissions was quite a treat, and we even learned a few things from these very ardent and knowledgeable fans."
To date, Amazon has received more than 1 million orders for the U.S. and U.K. editions of "Harry Potter and the Half-Blood Prince" on its retail Web sites worldwide, more than 650,000 of which were placed on www.amazon.com. Amazon.com's Harry Potter Meter tracks the total number of orders placed on Amazon.com; to view the Harry Potter Meter visit the Amazon.com Books Store at www.amazon.com/books.
Amazon.com has teamed with UPS and the United States Postal Service to deliver "Harry Potter and the Half-Blood Prince" to excited fans across the country on Saturday, July 16 -- the first day the book is available to the public. Amazon.com is offering Saturday delivery, for the same price as standard shipping, for orders to addresses within the lower 48 states, and free Saturday delivery for Amazon Prime members. Delivery on July 16, 2005, is guaranteed or Amazon.com will refund the cost of the book. More information can be found at www.amazon.com/hp6_help.
For more information or to request an interview with a member of Amazon.com's Harry Potter Kids Review Panel, contact Kristin Mariani, Amazon.com Media Relations, (206) 266-7180.
Note about Amazon.com's Harry Potter Meter: The Harry Potter Meter tracks the approximate number of "Harry Potter and the Half-Blood Prince" books ordered from the www.amazon.com site and from U.S. syndicated store sites, such as Borders.com, but excludes all third-party seller arrangements. The Harry Potter Meter is updated frequently but is not adjusted for items ordered that are subsequently canceled. The Harry Potter Meter should not be viewed or used as a predictor or indicator of revenue or other financial information relating to Amazon.com.
About Amazon.com
Amazon.com, Inc. (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
CONTACT: Amazon.com Media RelationsKristin Mariani, 206-266-7180SOURCE: Amazon.com | <p>SEATTLE--(BUSINESS WIRE)--June 28, 2005--Amazon.com (www.amazon.com) today unveiled its first-ever Harry Potter Kids Review Panel. These 10 young Harry Potter aficionados, ranging in age from 10 to 17 years, will serve as Amazon.com's Harry Potter "experts" on the Web site and in media interviews leading up to and following the much-lauded July 16 release of "Harry Potter and the Half-Blood Prince."</p><p>Starting today, fellow Harry Potter fans can visit Amazon.com to watch each panel member's video and hear their theories about what's in store for readers come July 16. The Amazon.com Harry Potter Kids Review Panel videos can be accessed by going to www.amazon.com/hpkidspanel.</p><p>To form the panel, Amazon.com invited muggles under the age of 18 to submit a 1- to 3-minute video in which they explained why they love Harry Potter, their favorite moments from the series, why they consider themselves a Harry Potter expert and what they're hoping will happen in "Harry Potter and the Half-Blood Prince."</p><p>Amazon's Harry Potter Kids Review Panel members are:-- Kaitlin Bennett, age 13, from Houston, Texas. Kaitlin thinks the novels really shine when Harry and his friends do pure, selfless acts to protect one another.-- Emily Collier, age 17, from Orange County, California. In the blink of an eye Emily can tell you how many stairs there are in Hogwarts and who the oldest Weasley family member is.-- Priya Farooq, age 15, from Westchester County, New York. Priya loved the explosion of emotion in the Shrieking Shack when Peter Pettigrew was confronted.-- Chelsea Guy, age 13, from Knoxville, Tennessee. Chelsea loves the Harry Potter series because it proves that when boys put their minds to it they really can accomplish things.-- Ben Johnson, age 16, from Lancaster, Pennsylvania. Ben believes that Sirius will play a role in Book 6, although he may not be alive, as will Pettigrew, who was conspicuously absent in "Harry Potter and the Order of the Phoenix."-- Aspen Ott, age 14, from Mesa, Arizona. Aspen is convinced that Harry should date Luna in "Harry Potter and the Half-Blood Prince."-- Rachel Purdom, age 10, from Philadelphia, Pennsylvania. Rachel has read all the Harry Potter books at least 10 times each and claims she can mentally scan them in her head to answer any Harry Potter question.-- Taylor Swaney, age 12, from Liberty, North Carolina. Taylor hopes that, in Book 6, Draco will come to need Harry, and that Harry will come to his rescue.-- Aliyah Weinstein, age 14, from Camden, New Jersey. Aliyah has her own Harry Potter theories Web site and is also the coeditor of a very popular Harry Potter Web site.-- Kendall Westbrook, age 11, from Dallas, Texas. Kendall loves Harry Potter books because they are "complicated, yet, so obvious" and are filled with suspense, humor, sorrow, and action. </p><p>"We'd like to thank all of the talented and passionate muggles who responded to our call for Harry Potter Kids Review Panel members," said Greg Greeley, Amazon's vice president of North America media products. "Watching the submissions was quite a treat, and we even learned a few things from these very ardent and knowledgeable fans."</p><p>To date, Amazon has received more than 1 million orders for the U.S. and U.K. editions of "Harry Potter and the Half-Blood Prince" on its retail Web sites worldwide, more than 650,000 of which were placed on www.amazon.com. Amazon.com's Harry Potter Meter tracks the total number of orders placed on Amazon.com; to view the Harry Potter Meter visit the Amazon.com Books Store at www.amazon.com/books.</p><p>Amazon.com has teamed with UPS and the United States Postal Service to deliver "Harry Potter and the Half-Blood Prince" to excited fans across the country on Saturday, July 16 -- the first day the book is available to the public. Amazon.com is offering Saturday delivery, for the same price as standard shipping, for orders to addresses within the lower 48 states, and free Saturday delivery for Amazon Prime members. Delivery on July 16, 2005, is guaranteed or Amazon.com will refund the cost of the book. More information can be found at www.amazon.com/hp6_help.</p><p>For more information or to request an interview with a member of Amazon.com's Harry Potter Kids Review Panel, contact Kristin Mariani, Amazon.com Media Relations, (206) 266-7180.</p><p>Note about Amazon.com's Harry Potter Meter: The Harry Potter Meter tracks the approximate number of "Harry Potter and the Half-Blood Prince" books ordered from the www.amazon.com site and from U.S. syndicated store sites, such as Borders.com, but excludes all third-party seller arrangements. The Harry Potter Meter is updated frequently but is not adjusted for items ordered that are subsequently canceled. The Harry Potter Meter should not be viewed or used as a predictor or indicator of revenue or other financial information relating to Amazon.com.</p><p>About Amazon.com</p><p>Amazon.com, Inc. (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>CONTACT: Amazon.com Media RelationsKristin Mariani, 206-266-7180SOURCE: Amazon.com</p> |
||
Amazon.de Launches DVD Rental Service For Customers in Germany | /news/news-details/2005/Amazon.de-Launches-DVD-Rental-Service-For-Customers-in-Germany/default.aspx | Amazon.de-Launches-DVD-Rental-Service-For-Customers-in-Germany | 4,652 | 06/23/2005 00:00:00 | Amazon.de Launches DVD Rental Service For Customers in Germany | 06/23/2005 | 2005 | Monthly rental plans starting as low as 9,99 EUR - with no delivery fees or late fees or required return dates
Great availability and fast shipping: Customers get their favorite films and new releases within shortest time
Customers who subscribe now enjoy an extra 5% off retail DVDs
Munich, June, 23nd, 2005 - Starting today, movie fans in Germany can rent DVDs online at Amazon.de: For monthly rental plans starting as low as 9,99 EUR Amazon.de sends films to their homes free-of-charge and customers can keep the DVDs for an unlimited time without late fees. In addition, Amazon.de offers customers who subscribe now will receive an extra 5% off DVD purchases. The new DVD rental service is fully integrated in Amazon.de's existing DVD-shop, where customers can now rent and buy DVDs at one place.
Amazon.de offers customers in Germany three different monthly rental plans depending on the number of DVDs customers want to keep at home and the number of DVDs they want to rent a month: From an offer starting as low as 9,99 EUR up to a monthly rental plan of 18,99 EUR for 6 DVDs a month.
DVDs at home at-a-time
DVDs per month
Monthly fee
Additional costs (deposit, late fees, shipping costs)
Discount on retail DVDs for customers that subscribe now
1
3
9,99 EUR
--
5%
2
4
13,99 EUR
--
5%
3
6
18,99 EUR
--
5%
"Amazon.de is determined to be the best place to rent and buy DVDs," says Ralf Kleber, Amazon.de managing director. "We're excited to offer our customers a unique combination of low monthly fees, no shipping costs, no late fees, great selection and availability. And millions of existing Amazon.de customers can register with just a few clicks for the new DVD rental service."
Selection and availabilityAmazon.de offers a great selection of thousands of DVDs - from new releases, blockbusters, classics, DVD box-sets, independent films to documentaries. And as importantly, Amazon.de offers a great availability both for new DVD releases as well as particular films. As soon as customers have watched a film, they can send back DVDs separately and thus do not risk not having DVDs at home. Once Amazon.de gets DVDs back from customers the online retailer immediately sends new DVDs, which the customer can expect to receive within one to two days. Amazon.de provides detailed information on the availability on each detail page of the DVD.
"It's very important for film lovers to find and get their film at exactly the time they want to watch it. With our years of DVD retail and E-commerce experience we can make sure that our customers get the most current as well as less sought after films on top of their rental lists quickly," said Amazon.de managing director Ralf Kleber.
Customers can rent for example new films like Alexander, Aviator, Constantine and Ray and Die Unglaublichen up to independent movies like Die Geschichte vom weinenden Kamel, Die Kinder des Monsieur Mathieu, Das Mädchen mit dem Perlohrring, Die Blumen des Koran and classics like Ben Hur, Frühstück bei Tiffany or Paris Texas at Amazon.de.
How does DVD rental at Amazon.de work?Existing Amazon.de customers can register with just a few clicks for the new service. To use DVD rental, customers simply create a list of DVDs they would like to rent and select one of the monthly rental plans available. The DVDs will be delivered free-of-charge via postal mail. Rental members can keep the DVDs for as long as they want, as there are no late fees or required return dates. After viewing the DVD, rental members simply need to post them back to Amazon.de in the pre-paid return envelope provided. Amazon.de will then immediately send a new DVD from the rental member's list. The monthly fee is paid via credit card or bank collection. DVD rental is only available for customers in Germany and also through the Internet Movie Database (www.imdb.de), a subsidiary of Amazon.com. Customers can cancel their DVD rental subscription any time once a month.
Amazon.de features and servicesAmazon.de's unique search, similarities and recommendation technologies - alongside sales rankings and editors and customers reviews - will provide DVD rental customers with a familiar and easy way to find specific titles they are looking to rent, as well as discover new films. Film fans get additional information like editor and customer reviews, listmania and Amazon.de DVD charts. All at one place: With the new DVD rental service movie fans can now conveniently buy new and used DVDs (from Amazon.de and from third party sellers at Amazon.de marketplace) and rent DVDs at one place.
For more information on Amazon.de DVD rental service, log on to www.amazon.de/dvdverleih.
About Amazon.deAmazon.de opened its virtual doors in October 1998. Amazon strives to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.de and sellers list millions of new and used items in categories such as books, CDs, videos and DVDs as well as products for home and garden, consumer electronics and photos, toys, PC and video games, software and computer supplies. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.de's millions of customers. Amazon.de offers its customers payment by invoice, a secure credit card payment option, personalized recommendations, and a time saving ordering process using 1-ClickTM technology. Through Amazon Mobil, Amazon.de is accessible via WAP technology at www.amazon.de/mobil. Austrian customers can access the full range of products via www.amazon.at.
www.amazon.de is one of seven websites operated by Amazon affiliates; the others are www.amazon.com, www.amazon.co.uk, www.amazon.co.jp, www.amazon.fr, www.amazon.ca and www.joyo.com. Amazon.de is the trading name for Amazon.com Int'l Sales, Inc., and Amazon.com International Auctions, Inc., which are both wholly owned subsidiaries of global online retailer Amazon.com, Inc. (NASDAQ: AMZN) located in Seattle, Wash.
Forward Looking StatementThis announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
Amazon.de GmbHPublic RelationsMirja BauerMoosacher Straße 5180809 MünchenTelefon: 089/35803-329Telefax: 089/35803-481E-Mail: mirja@amazon.dehäberlein & mauerer agagentur für public relationsSusanne LarbigFranz-Joseph-Straße 180801 MünchenTelefon: 089/38 108-107Telefax: 089/38 108-150E-Mail: susanne.larbig@haebmau.de | <ul><li>Monthly rental plans starting as low as 9,99 EUR - with no delivery fees or late fees or required return dates</li><li>Great availability and fast shipping: Customers get their favorite films and new releases within shortest time</li><li>Customers who subscribe now enjoy an extra 5% off retail DVDs</li></ul><p>Munich, June, 23nd, 2005 - Starting today, movie fans in Germany can rent DVDs online at Amazon.de: For monthly rental plans starting as low as 9,99 EUR Amazon.de sends films to their homes free-of-charge and customers can keep the DVDs for an unlimited time without late fees. In addition, Amazon.de offers customers who subscribe now will receive an extra 5% off DVD purchases. The new DVD rental service is fully integrated in Amazon.de's existing DVD-shop, where customers can now rent and buy DVDs at one place.</p><p>Amazon.de offers customers in Germany three different monthly rental plans depending on the number of DVDs customers want to keep at home and the number of DVDs they want to rent a month: From an offer starting as low as 9,99 EUR up to a monthly rental plan of 18,99 EUR for 6 DVDs a month.</p><table><tbody><tr><td>DVDs at home at-a-time</td><td>DVDs per month</td><td>Monthly fee</td><td>Additional costs (deposit, late fees, shipping costs)</td><td>Discount on retail DVDs for customers that subscribe now</td></tr><tr><td>1</td><td>3</td><td>9,99 EUR</td><td>--</td><td>5%</td></tr><tr><td>2</td><td>4</td><td>13,99 EUR</td><td>--</td><td>5%</td></tr><tr><td>3</td><td>6</td><td>18,99 EUR</td><td>--</td><td>5%</td></tr></tbody></table><p>"Amazon.de is determined to be the best place to rent and buy DVDs," says Ralf Kleber, Amazon.de managing director. "We're excited to offer our customers a unique combination of low monthly fees, no shipping costs, no late fees, great selection and availability. And millions of existing Amazon.de customers can register with just a few clicks for the new DVD rental service."</p><p>Selection and availabilityAmazon.de offers a great selection of thousands of DVDs - from new releases, blockbusters, classics, DVD box-sets, independent films to documentaries. And as importantly, Amazon.de offers a great availability both for new DVD releases as well as particular films. As soon as customers have watched a film, they can send back DVDs separately and thus do not risk not having DVDs at home. Once Amazon.de gets DVDs back from customers the online retailer immediately sends new DVDs, which the customer can expect to receive within one to two days. Amazon.de provides detailed information on the availability on each detail page of the DVD.</p><p>"It's very important for film lovers to find and get their film at exactly the time they want to watch it. With our years of DVD retail and E-commerce experience we can make sure that our customers get the most current as well as less sought after films on top of their rental lists quickly," said Amazon.de managing director Ralf Kleber.</p><p>Customers can rent for example new films like Alexander, Aviator, Constantine and Ray and Die Unglaublichen up to independent movies like Die Geschichte vom weinenden Kamel, Die Kinder des Monsieur Mathieu, Das Mädchen mit dem Perlohrring, Die Blumen des Koran and classics like Ben Hur, Frühstück bei Tiffany or Paris Texas at Amazon.de.</p><p>How does DVD rental at Amazon.de work?Existing Amazon.de customers can register with just a few clicks for the new service. To use DVD rental, customers simply create a list of DVDs they would like to rent and select one of the monthly rental plans available. The DVDs will be delivered free-of-charge via postal mail. Rental members can keep the DVDs for as long as they want, as there are no late fees or required return dates. After viewing the DVD, rental members simply need to post them back to Amazon.de in the pre-paid return envelope provided. Amazon.de will then immediately send a new DVD from the rental member's list. The monthly fee is paid via credit card or bank collection. DVD rental is only available for customers in Germany and also through the Internet Movie Database (www.imdb.de), a subsidiary of Amazon.com. Customers can cancel their DVD rental subscription any time once a month.</p><p>Amazon.de features and servicesAmazon.de's unique search, similarities and recommendation technologies - alongside sales rankings and editors and customers reviews - will provide DVD rental customers with a familiar and easy way to find specific titles they are looking to rent, as well as discover new films. Film fans get additional information like editor and customer reviews, listmania and Amazon.de DVD charts. All at one place: With the new DVD rental service movie fans can now conveniently buy new and used DVDs (from Amazon.de and from third party sellers at Amazon.de marketplace) and rent DVDs at one place.</p><p>For more information on Amazon.de DVD rental service, log on to www.amazon.de/dvdverleih.</p><p>About Amazon.deAmazon.de opened its virtual doors in October 1998. Amazon strives to be the world's most customer-centric company, where customers can find and discover anything they might want to buy online. Amazon.de and sellers list millions of new and used items in categories such as books, CDs, videos and DVDs as well as products for home and garden, consumer electronics and photos, toys, PC and video games, software and computer supplies. Through Amazon Marketplace, zShops and Auctions, any business or individual can sell virtually anything to Amazon.de's millions of customers. Amazon.de offers its customers payment by invoice, a secure credit card payment option, personalized recommendations, and a time saving ordering process using 1-ClickTM technology. Through Amazon Mobil, Amazon.de is accessible via WAP technology at www.amazon.de/mobil. Austrian customers can access the full range of products via www.amazon.at.</p><p>www.amazon.de is one of seven websites operated by Amazon affiliates; the others are www.amazon.com, www.amazon.co.uk, www.amazon.co.jp, www.amazon.fr, www.amazon.ca and www.joyo.com. Amazon.de is the trading name for Amazon.com Int'l Sales, Inc., and Amazon.com International Auctions, Inc., which are both wholly owned subsidiaries of global online retailer Amazon.com, Inc. (NASDAQ: AMZN) located in Seattle, Wash.</p><p>Forward Looking StatementThis announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>Amazon.de GmbHPublic RelationsMirja BauerMoosacher Straße 5180809 MünchenTelefon: 089/35803-329Telefax: 089/35803-481E-Mail: mirja@amazon.dehäberlein & mauerer agagentur für public relationsSusanne LarbigFranz-Joseph-Straße 180801 MünchenTelefon: 089/38 108-107Telefax: 089/38 108-150E-Mail: susanne.larbig@haebmau.de</p> |
||
Amazon.com to Thank Customers with 10th Anniversary Event Featuring Bob Dylan, Norah Jones, and Bill Maher | /news/news-details/2005/Amazon.com-to-Thank-Customers-with-10th-Anniversary-Event-Featuring-Bob-Dylan-Norah-Jones-and-Bill-Maher/default.aspx | Amazon.com-to-Thank-Customers-with-10th-Anniversary-Event-Featuring-Bob-Dylan-Norah-Jones-and-Bill-Maher | 4,654 | 06/16/2005 09:01:00 | Amazon.com to Thank Customers with 10th Anniversary Event Featuring Bob Dylan, Norah Jones, and Bill Maher | 06/16/2005 | 2005 | Performances by Bob Dylan, Norah Jones, as Well as Readings from Best- Selling Authors and Never-before Seen Footage from Top Films, to Be Streamed Live from the Amazon.com Gateway on July 16th
SEATTLE--(BUSINESS WIRE)--June 16, 2005--
Amazon.com, Inc. (Nasdaq:AMZN) today announced that on July 16th customers will receive a special thank-you from Amazon.com. The Amazon.com 10th Anniversary Event Presented by Chase will be streamed live from the Amazon.com gateway with performances by Bob Dylan and Norah Jones, as well as all-time customer-favorite authors and filmmakers. Humorist Bill Maher will host the event that will include musical performances, author readings and other presentations, including never-seen-before, behind-the-scenes footage from the best-selling "Lord of the Rings," DVD series.
July 16th marks 10 years since Founder and CEO Jeff Bezos opened the virtual doors of Amazon.com from his Seattle-area garage. Since 1995, the Web site has expanded its product offerings to include everything from music and video to tennis rackets, live Maine lobsters and loose diamonds, and operates sites for customers in the United Kingdom, Germany, Japan, France, Canada, and China.
The Amazon.com 10th Anniversary Event will take place in Seattle at 5 p.m. PDT on July 16th and begin streaming live on the Amazon.com gateway to be enjoyed by Amazon.com customers across the country. The event's host, Maher, is one of the most astute humorists in America today, who currently hosts "Real Time with Bill Maher" on HBO and recently completed his upcoming book "New Rules: Polite Musings of a Timid Observer." Musicians, authors, and filmmakers were selected for the event based on their popularity with Amazon.com customers who have voted with their purchases during the past 10 years.
Dylan's performance will culminate the event. He has written over 500 songs and released over 43 albums, which combined have sold over 90 million records around the world. Just last year, Dylan released a critically acclaimed memoir entitled "Chronicles, Vol. 1," in which he thoughtfully reflects on the events and influences that shaped his life's work. Another all-time Amazon.com customer favorite, Jones' heartfelt debut album "Come Away with Me" has sold millions of copies and won several Grammy awards. Her 2004 follow-up disc "Feels Like Home" earned two more Grammy Awards, while her collaboration with Ray Charles on the song "Here We Go Again" won Record of the Year. Jones' performance at the Amazon.com 10th Anniversary Event will be her first and only show in 2005.
Additional performances and presentations will be added to the event schedule, which can be found at www.amazon.com/showofthanks.
Chase (NYSE:JPM) is the official sponsor of Amazon.com 10th Anniversary Event, and is featured on the media player from which the performances will be streamed live from the Amazon.com gateway.
About Amazon.com
Amazon.com, Inc., (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward-Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE:JPM) is a leading global financial services firm with assets of $1.2 trillion and operations in more than 50 countries. The company has approximately 94 million credit cards issued. Under the JPMorgan, Chase and Bank One brands, the firm serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients. Information about the firm is available at www.jpmorganchase.com.
CONTACT: Amazon.comDrew Herdener or Jani Strand, 206-266-7180SOURCE: Amazon.com, Inc. | <p>Performances by Bob Dylan, Norah Jones, as Well as Readings from Best- Selling Authors and Never-before Seen Footage from Top Films, to Be Streamed Live from the Amazon.com Gateway on July 16th</p><p>SEATTLE--(BUSINESS WIRE)--June 16, 2005--</p><p>Amazon.com, Inc. (Nasdaq:AMZN) today announced that on July 16th customers will receive a special thank-you from Amazon.com. The Amazon.com 10th Anniversary Event Presented by Chase will be streamed live from the Amazon.com gateway with performances by Bob Dylan and Norah Jones, as well as all-time customer-favorite authors and filmmakers. Humorist Bill Maher will host the event that will include musical performances, author readings and other presentations, including never-seen-before, behind-the-scenes footage from the best-selling "Lord of the Rings," DVD series.</p><p>July 16th marks 10 years since Founder and CEO Jeff Bezos opened the virtual doors of Amazon.com from his Seattle-area garage. Since 1995, the Web site has expanded its product offerings to include everything from music and video to tennis rackets, live Maine lobsters and loose diamonds, and operates sites for customers in the United Kingdom, Germany, Japan, France, Canada, and China.</p><p>The Amazon.com 10th Anniversary Event will take place in Seattle at 5 p.m. PDT on July 16th and begin streaming live on the Amazon.com gateway to be enjoyed by Amazon.com customers across the country. The event's host, Maher, is one of the most astute humorists in America today, who currently hosts "Real Time with Bill Maher" on HBO and recently completed his upcoming book "New Rules: Polite Musings of a Timid Observer." Musicians, authors, and filmmakers were selected for the event based on their popularity with Amazon.com customers who have voted with their purchases during the past 10 years.</p><p>Dylan's performance will culminate the event. He has written over 500 songs and released over 43 albums, which combined have sold over 90 million records around the world. Just last year, Dylan released a critically acclaimed memoir entitled "Chronicles, Vol. 1," in which he thoughtfully reflects on the events and influences that shaped his life's work. Another all-time Amazon.com customer favorite, Jones' heartfelt debut album "Come Away with Me" has sold millions of copies and won several Grammy awards. Her 2004 follow-up disc "Feels Like Home" earned two more Grammy Awards, while her collaboration with Ray Charles on the song "Here We Go Again" won Record of the Year. Jones' performance at the Amazon.com 10th Anniversary Event will be her first and only show in 2005.</p><p>Additional performances and presentations will be added to the event schedule, which can be found at www.amazon.com/showofthanks.</p><p>Chase (NYSE:JPM) is the official sponsor of Amazon.com 10th Anniversary Event, and is featured on the media player from which the performances will be streamed live from the Amazon.com gateway.</p><p>About Amazon.com</p><p>Amazon.com, Inc., (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward-Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>About JPMorgan Chase & Co.</p><p>JPMorgan Chase & Co. (NYSE:JPM) is a leading global financial services firm with assets of $1.2 trillion and operations in more than 50 countries. The company has approximately 94 million credit cards issued. Under the JPMorgan, Chase and Bank One brands, the firm serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients. Information about the firm is available at www.jpmorganchase.com.</p><p>CONTACT: Amazon.comDrew Herdener or Jani Strand, 206-266-7180SOURCE: Amazon.com, Inc.</p> |
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Harry Potter Meter Returns to Amazon.com; Reveals More Than 560,000 Advance Orders Received to Date for "Harry Potter and the Half-Blood Prince'' | /news/news-details/2005/Harry-Potter-Meter-Returns-to-Amazon.com-Reveals-More-Than-560000-Advance-Orders-Received-to-Date-for-Harry-Potter-and-the-Half-Blood-Prince/default.aspx | Harry-Potter-Meter-Returns-to-Amazon.com-Reveals-More-Than-560000-Advance-Orders-Received-to-Date-for-Harry-Potter-and-the-Half-Blood-Prince | 4,656 | 06/15/2005 09:02:00 | Harry Potter Meter Returns to Amazon.com; Reveals More Than 560,000 Advance Orders Received to Date for "Harry Potter and the Half-Blood Prince'' | 06/15/2005 | 2005 | SEATTLE--(BUSINESS WIRE)--June 15, 2005-- Online Retailer Accepting Submissions for Its First-Ever Harry Potter Kids Review Panel
What: With one month remaining before its July 16 release, eager muggles have already ordered more than 560,000 copies of "Harry Potter and the Half-Blood Prince" (Book 6) on Amazon.com (www.amazon.com) -- more orders than the online retailer received for any book in the past 12 months. Fans can now track the demand for the latest Harry Potter installment in real time with Amazon's Harry Potter Meter -- an hourly updated ticker reflecting orders placed to date for "Harry Potter and the Half-Blood Prince."
Amazon.com is also still accepting submissions for its first-ever Harry Potter Kids Review Panel. Interested muggles under the age of 18 can submit a 1- to 3-minute video via the Amazon.com Web site in which they espouse:
-- Why they love Harry Potter-- Their favorite moments from the series-- Why they consider themselves a Harry Potter expert-- What they're hoping will happen in "Harry Potter and the Half-Blood Prince"
Select video submissions will be shown on the Amazon.com Web site for enjoyment by fellow fans, and those experts named to the panel may also be asked to participate in interviews about the Harry Potter series with television, radio and print media outlets. The deadline for submissions is June 20; panel members will be announced June 27.
Where: To view the Harry Potter Meter, visit Amazon.com's Books store at www.amazon.com/books.
For more information about the Amazon.com Harry Potter Kids Review Panel, visit the product information page for "Harry Potter and the Half-Blood Prince" and click the Kids Review Panel link, or go directly to www.amazon.com/hpkidspanel.
Order Now for Delivery on July 16!
Amazon.com has teamed with UPS and the United States Postal Service to deliver "Harry Potter and the Half-Blood Prince" to excited fans across the country on Saturday, July 16 -- the first day the book is available to the public. Amazon.com is offering Saturday delivery, for the same price as standard shipping, for orders to addresses within the lower 48 states, and free Saturday delivery for Amazon Prime members. Delivery on July 16, 2005, is guaranteed or Amazon.com will refund the cost of the book. More information can be found at www.amazon.com/hp6_help.
Note about Amazon.com's Harry Potter Meter: The Harry Potter Meter tracks the approximate number of "Harry Potter and the Half-Blood Prince" books ordered from the www.amazon.com site and from U.S. syndicated store sites, such as Borders.com, but excludes all third-party seller arrangements. The Harry Potter Meter is updated frequently but is not adjusted for items ordered that are subsequently canceled. The Harry Potter Meter should not be viewed or used as a predictor or indicator of revenue or other financial information relating to Amazon.com.
About Amazon.com
Amazon.com, Inc. (Nasdaq: AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
CONTACT: Amazon.com Media RelationsKristin Mariani, 206-266-7180SOURCE: Amazon.com | <p>SEATTLE--(BUSINESS WIRE)--June 15, 2005-- Online Retailer Accepting Submissions for Its First-Ever Harry Potter Kids Review Panel</p><p>What: With one month remaining before its July 16 release, eager muggles have already ordered more than 560,000 copies of "Harry Potter and the Half-Blood Prince" (Book 6) on Amazon.com (www.amazon.com) -- more orders than the online retailer received for any book in the past 12 months. Fans can now track the demand for the latest Harry Potter installment in real time with Amazon's Harry Potter Meter -- an hourly updated ticker reflecting orders placed to date for "Harry Potter and the Half-Blood Prince."</p><p>Amazon.com is also still accepting submissions for its first-ever Harry Potter Kids Review Panel. Interested muggles under the age of 18 can submit a 1- to 3-minute video via the Amazon.com Web site in which they espouse:</p><p>-- Why they love Harry Potter-- Their favorite moments from the series-- Why they consider themselves a Harry Potter expert-- What they're hoping will happen in "Harry Potter and the Half-Blood Prince"</p><p>Select video submissions will be shown on the Amazon.com Web site for enjoyment by fellow fans, and those experts named to the panel may also be asked to participate in interviews about the Harry Potter series with television, radio and print media outlets. The deadline for submissions is June 20; panel members will be announced June 27.</p><p>Where: To view the Harry Potter Meter, visit Amazon.com's Books store at www.amazon.com/books.</p><p>For more information about the Amazon.com Harry Potter Kids Review Panel, visit the product information page for "Harry Potter and the Half-Blood Prince" and click the Kids Review Panel link, or go directly to www.amazon.com/hpkidspanel.</p><p>Order Now for Delivery on July 16!</p><p>Amazon.com has teamed with UPS and the United States Postal Service to deliver "Harry Potter and the Half-Blood Prince" to excited fans across the country on Saturday, July 16 -- the first day the book is available to the public. Amazon.com is offering Saturday delivery, for the same price as standard shipping, for orders to addresses within the lower 48 states, and free Saturday delivery for Amazon Prime members. Delivery on July 16, 2005, is guaranteed or Amazon.com will refund the cost of the book. More information can be found at www.amazon.com/hp6_help.</p><p>Note about Amazon.com's Harry Potter Meter: The Harry Potter Meter tracks the approximate number of "Harry Potter and the Half-Blood Prince" books ordered from the www.amazon.com site and from U.S. syndicated store sites, such as Borders.com, but excludes all third-party seller arrangements. The Harry Potter Meter is updated frequently but is not adjusted for items ordered that are subsequently canceled. The Harry Potter Meter should not be viewed or used as a predictor or indicator of revenue or other financial information relating to Amazon.com.</p><p>About Amazon.com</p><p>Amazon.com, Inc. (Nasdaq: AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>CONTACT: Amazon.com Media RelationsKristin Mariani, 206-266-7180SOURCE: Amazon.com</p> |
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Amazon.com and the Tribeca Film Festival Announce Five Finalists in Short-Film Competition; Amazon.com Customers Invited to Rate the Finalist Films to Determine the Grand Prize Winner | /news/news-details/2005/Amazon.com-and-the-Tribeca-Film-Festival-Announce-Five-Finalists-in-Short-Film-Competition-Amazon.com-Customers-Invited-to-Rate-the-Finalist-Films-to-Determine-the-Grand-Prize-Winner/default.aspx | Amazon.com-and-the-Tribeca-Film-Festival-Announce-Five-Finalists-in-Short-Film-Competition-Amazon.com-Customers-Invited-to-Rate-the-Finalist-Films-to-Determine-the-Grand-Prize-Winner | 4,658 | 05/25/2005 17:56:00 | Amazon.com and the Tribeca Film Festival Announce Five Finalists in Short-Film Competition; Amazon.com Customers Invited to Rate the Finalist Films to Determine the Grand Prize Winner | 05/25/2005 | 2005 | Founding Partner American Express to Provide $50,000 Grand Prize
UPDATED-Seattle-(BUSINESSWIRE) June 6, 2005 - Amazon.com, Inc. (Nasdaq: AMZN) and Tribeca Film Festival founders Robert De Niro, Jane Rosenthal, and Craig Hatkoff, along with Tribeca Film Festival founding partner American Express, today announced the five finalists of the Amazon Theater/Tribeca Film Festival Short-Film Competition. The finalists were determined by Amazon.com customers, who submitted hundreds of thousands of ratings and viewed more than 2 million minutes of film footage between April 15 and May 20.
The top five aspiring filmmakers are now competing for a grand prize of $50,000 to fund their next film project, which will be awarded in the form of an American Express prepaid card. Amazon.com and American Express are committed to enabling aspiring and working filmmakers to continue to develop and refine their craft and identify new opportunities and outlets to show their work.
Once again, customers will use the Amazon.com five-star rating system to rate the films, which will be featured consecutively on the Amazon.com welcome page over the next four weeks. During this phase of the competition, customers will be also able to write and post their own reviews and commentary about the films, as well as read reviews from other customers. The five finalists include:
Fragile, by David Cumbo: Appearing May 25-30A brilliantly animated psychological journey of a young child coping with the death of his older sibling.
Post Traumatic, by James Seale: Appearing, May 31-June 5An homage to the classic conspiracy thrillers of the 70's, a soldier returns home from the war in Iraq to find himself being followed by shadowy CIA types.
Street Therapy, by Jason Rice: Appearing June 6-11Gritty and personal, a homeless man offers his fellow NYC residents an outlet for their frustrations...for a small fee of course.
Rachel's Challenge, by Jon Lindgren: Appearing June 12-17A documentary-style film chronicling a behind-the-scenes battle of good vs. evil surrounding the Columbine High School shootings.
Misfortune Cookie, by Jack Paccione, Jr.: Appearing June 18-23<A suspenseful and thought-provoking tale of an arrogant man who receives an unwelcome message in his fortune cookie.
The grand-prize winning filmmaker will be announced on Wednesday, June 29 in New York City.
Macromedia Flash is the exclusive video format for the Amazon Theater Short-film Competition.
About Tribeca Film FestivalThe Tribeca Film Festival was founded by Robert De Niro, Jane Rosenthal and CraigHatkoff to celebrate New York City as a major filmmaking capital. Tribeca Cinemas, located at 54 Varick Street, was acquired by the Festival founders in 2003 and serves as a year-round venue for the Festival and its related activities.
The 2005 Festival, presented by American Express, took place from April 19th to May 1st in various locations throughout lower Manhattan. The 2005 Festival featured special events, outdoor concerts and screenings, a street fair, and panel discussions with noted filmmakers.
About Amazon.comAmazon.com, Inc., (Nasdaq: AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward Looking StatementThis announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
About American ExpressAmerican Express has been the Founding Sponsor of the Festival since its inception in 2002. Part of a multi-year relationship, the sponsorship demonstrates American Express' dedication to the goals of the Festival and the revitalization of lower Manhattan. American Express hosted the Tribeca Drive-in outdoor screenings, the Tribeca Family Festival and Family Festival Street Fair. It also sponsored the Festival's Online Vote, where film fans are invited to choose their favorite film (the winning Film was shown at the Regal Cinemas 11, the Official Theater Exhibitor of the Tribeca Film Festival). American Express was also the Festival's Information Sponsor, helping to enhance the festival-goer experience by providing special opportunities and access to events.
CONTACT: Rubenstein CommunicationsAmy Jacobs, 212-843-8077Susan Arons, 212-843-8033orAmazon.comJani Strand, 206-266-7180SOURCE: Amazon.com | <p>Founding Partner American Express to Provide $50,000 Grand Prize</p><p>UPDATED-Seattle-(BUSINESSWIRE) June 6, 2005 - Amazon.com, Inc. (Nasdaq: AMZN) and Tribeca Film Festival founders Robert De Niro, Jane Rosenthal, and Craig Hatkoff, along with Tribeca Film Festival founding partner American Express, today announced the five finalists of the Amazon Theater/Tribeca Film Festival Short-Film Competition. The finalists were determined by Amazon.com customers, who submitted hundreds of thousands of ratings and viewed more than 2 million minutes of film footage between April 15 and May 20.</p><p>The top five aspiring filmmakers are now competing for a grand prize of $50,000 to fund their next film project, which will be awarded in the form of an American Express prepaid card. Amazon.com and American Express are committed to enabling aspiring and working filmmakers to continue to develop and refine their craft and identify new opportunities and outlets to show their work.</p><p>Once again, customers will use the Amazon.com five-star rating system to rate the films, which will be featured consecutively on the Amazon.com welcome page over the next four weeks. During this phase of the competition, customers will be also able to write and post their own reviews and commentary about the films, as well as read reviews from other customers. The five finalists include:</p><p>Fragile, by David Cumbo: Appearing May 25-30A brilliantly animated psychological journey of a young child coping with the death of his older sibling.</p><p>Post Traumatic, by James Seale: Appearing, May 31-June 5An homage to the classic conspiracy thrillers of the 70's, a soldier returns home from the war in Iraq to find himself being followed by shadowy CIA types.</p><p>Street Therapy, by Jason Rice: Appearing June 6-11Gritty and personal, a homeless man offers his fellow NYC residents an outlet for their frustrations...for a small fee of course.</p><p>Rachel's Challenge, by Jon Lindgren: Appearing June 12-17A documentary-style film chronicling a behind-the-scenes battle of good vs. evil surrounding the Columbine High School shootings.</p><p>Misfortune Cookie, by Jack Paccione, Jr.: Appearing June 18-23<A suspenseful and thought-provoking tale of an arrogant man who receives an unwelcome message in his fortune cookie.</p><p>The grand-prize winning filmmaker will be announced on Wednesday, June 29 in New York City.</p><p>Macromedia Flash is the exclusive video format for the Amazon Theater Short-film Competition.</p><p>About Tribeca Film FestivalThe Tribeca Film Festival was founded by Robert De Niro, Jane Rosenthal and CraigHatkoff to celebrate New York City as a major filmmaking capital. Tribeca Cinemas, located at 54 Varick Street, was acquired by the Festival founders in 2003 and serves as a year-round venue for the Festival and its related activities.</p><p>The 2005 Festival, presented by American Express, took place from April 19th to May 1st in various locations throughout lower Manhattan. The 2005 Festival featured special events, outdoor concerts and screenings, a street fair, and panel discussions with noted filmmakers.</p><p>About Amazon.comAmazon.com, Inc., (Nasdaq: AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward Looking StatementThis announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>About American ExpressAmerican Express has been the Founding Sponsor of the Festival since its inception in 2002. Part of a multi-year relationship, the sponsorship demonstrates American Express' dedication to the goals of the Festival and the revitalization of lower Manhattan. American Express hosted the Tribeca Drive-in outdoor screenings, the Tribeca Family Festival and Family Festival Street Fair. It also sponsored the Festival's Online Vote, where film fans are invited to choose their favorite film (the winning Film was shown at the Regal Cinemas 11, the Official Theater Exhibitor of the Tribeca Film Festival). American Express was also the Festival's Information Sponsor, helping to enhance the festival-goer experience by providing special opportunities and access to events.</p><p>CONTACT: Rubenstein CommunicationsAmy Jacobs, 212-843-8077Susan Arons, 212-843-8033orAmazon.comJani Strand, 206-266-7180SOURCE: Amazon.com</p> |
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Amazon.com to Webcast Annual Shareholder Meeting and Investor Conference Presentation | /news/news-details/2005/Amazon.com-to-Webcast-Annual-Shareholder-Meeting-and-Investor-Conference-Presentation/default.aspx | Amazon.com-to-Webcast-Annual-Shareholder-Meeting-and-Investor-Conference-Presentation | 4,661 | 05/13/2005 16:03:00 | Amazon.com to Webcast Annual Shareholder Meeting and Investor Conference Presentation | 05/13/2005 | 2005 | SEATTLE--(BUSINESS WIRE)--May 13, 2005--Amazon.com, Inc. (NASDAQ:AMZN) announced today that it will hold its 2005 Annual Meeting of Shareholders in Seattle on May 17, 2005, at 9:00 a.m. PT/12:00 p.m. ET.
Additionally, the Company will be speaking at The Goldman Sachs Internet Conference on May 25, 2005 at 3:20 p.m. PT/6:20 p.m. ET.
These events will be webcast live, and the audio and associated slides of both will be available for at least three months thereafter, at www.amazon.com/ir.
CONTACT: Amazon.com, Inc.Patty Smith, 206-266-7180SOURCE: Amazon.com, Inc. | <p>SEATTLE--(BUSINESS WIRE)--May 13, 2005--Amazon.com, Inc. (NASDAQ:AMZN) announced today that it will hold its 2005 Annual Meeting of Shareholders in Seattle on May 17, 2005, at 9:00 a.m. PT/12:00 p.m. ET.</p><p>Additionally, the Company will be speaking at The Goldman Sachs Internet Conference on May 25, 2005 at 3:20 p.m. PT/6:20 p.m. ET.</p><p>These events will be webcast live, and the audio and associated slides of both will be available for at least three months thereafter, at www.amazon.com/ir.</p><p>CONTACT: Amazon.com, Inc.Patty Smith, 206-266-7180SOURCE: Amazon.com, Inc.</p> |
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Preliminary Results Are in: ``I'm out!'' a Clear Leader in Amazon.com's Favorite ``Seinfeld'' Moments Poll | /news/news-details/2005/Preliminary-Results-Are-in-Im-out-a-Clear-Leader-in-Amazon.coms-Favorite-Seinfeld-Moments-Poll/default.aspx | Preliminary-Results-Are-in-Im-out-a-Clear-Leader-in-Amazon.coms-Favorite-Seinfeld-Moments-Poll | 4,663 | 05/10/2005 08:31:00 | Preliminary Results Are in: ``I'm out!'' a Clear Leader in Amazon.com's Favorite ``Seinfeld'' Moments Poll | 05/10/2005 | 2005 | SEATTLE--(BUSINESS WIRE)--May 10, 2005-- Amazon.com DVD Editors and "Seinfeld Fans" Choose Their Favorite Moments from the Epic Show's Fourth Season, Releasing on DVD May 17
With thousands of votes cast to date, Kramer's infamous proclamation: "I'm out!" is the runaway leader in an Amazon.com (Nasdaq:AMZN) poll inviting "Seinfeld" fans to vote for their favorite moment from the show's fourth season.
Releasing on DVD May 17, "Seinfeld: The Complete Fourth Season" is ripe with some of the most memorable and side-splitting moments from the show's nine-year run. Since April 30, Amazon.com (www.amazon.com) has offered customers the opportunity to watch eight quintessential scenes, hand-selected by Amazon.com's DVD editors, and vote for the best of the bunch. The eight scenes in the running are:
-- "I'm out!"-- "It's a show about nothing"-- George and Jerry brainstorming-- "Not that there's anything wrong with that"-- "Here's your Christmas card"-- Kramer models underwear/There was no pick-- "So you're still the master of your domain?"-- "They're real, and they're spectacular"
"I'm out!" jumped to an early lead and has remained atop the pack, with a resounding 33 percent of the votes as of May 9. This scene is followed by "Here's your Christmas card" (18 percent), "So you're still the master of your domain?" (10 percent), "Not that there's anything wrong with that" (10 percent), and "They're real and they're spectacular" (9 percent).
"The fourth season was a breakthrough year for 'Seinfeld,'" said Doug Thomas, Amazon's DVD managing editor. "These clips illustrate how the show became America's favorite water cooler conversation topic; I'm sure fans will get caught up watching and laughing with them. I certainly did. Plus, there is a bounty of excellent extras on these DVDs that fans will love."
For "Seinfeld" fans whose opinions may differ with the results to date, it's not too late. To watch each of these classic season-four moments and cast a vote, visit Amazon.com's DVD Store or go directly to www.amazon.com/seinfeld. Click any link to view that scene; to vote, simply select one scene and click the "Vote and View Results" button. Current results will be displayed once a vote is cast. Poll visitors can also test their "Seinfeld" knowledge with trivia questions like: "What item did George think was stolen from him during auditions for the Kramer character in 'The Pilot'" and "What inscription did Jerry write on the photo he gave to the waitress in 'The Bubble Boy?'"
"Seinfeld: The Complete Fourth Season" has been among Amazon's top-selling DVDs since becoming available for advance order on March 14, 2005 and is currently ranked no. 2 on Amazon.com's DVD top-sellers list. Amazon is offering the DVD at $32.47, a savings of 35 percent.
In addition to "Seinfeld: The Complete Fourth Season," Seinfeld lovers can purchase "Seinfeld: Seasons 1 & 2," "Seinfeld: Season 3," and the "Seinfeld" Limited Edition Gift Set (which includes Seasons 1 through 3, a limited-edition script, Monk's salt and pepper shakers, and playing cards) at Amazon.com, where they will receive Free Super Saver Shipping. Amazon Prime members will receive free two-day shipping or overnight shipping for just $3.99 per item.
For more information about TV shows available on DVD, visit Amazon.com's new Television Central Store, available at www.amazon.com/dvd-tv or via Amazon.com's DVD Store. Television Central visitors will find information about new and future TV show DVD releases, exclusive content from their favorite shows, and up to 50 percent off early-season sets of television series spanning over five decades, from the 1950s to today.
About Amazon.com
Amazon.com, Inc., (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
CONTACT: Amazon.com Media RelationsKristin Mariani, 206-266-7180SOURCE: Amazon.com | <p>SEATTLE--(BUSINESS WIRE)--May 10, 2005-- Amazon.com DVD Editors and "Seinfeld Fans" Choose Their Favorite Moments from the Epic Show's Fourth Season, Releasing on DVD May 17</p><p>With thousands of votes cast to date, Kramer's infamous proclamation: "I'm out!" is the runaway leader in an Amazon.com (Nasdaq:AMZN) poll inviting "Seinfeld" fans to vote for their favorite moment from the show's fourth season.</p><p>Releasing on DVD May 17, "Seinfeld: The Complete Fourth Season" is ripe with some of the most memorable and side-splitting moments from the show's nine-year run. Since April 30, Amazon.com (www.amazon.com) has offered customers the opportunity to watch eight quintessential scenes, hand-selected by Amazon.com's DVD editors, and vote for the best of the bunch. The eight scenes in the running are:</p><p>-- "I'm out!"-- "It's a show about nothing"-- George and Jerry brainstorming-- "Not that there's anything wrong with that"-- "Here's your Christmas card"-- Kramer models underwear/There was no pick-- "So you're still the master of your domain?"-- "They're real, and they're spectacular"</p><p>"I'm out!" jumped to an early lead and has remained atop the pack, with a resounding 33 percent of the votes as of May 9. This scene is followed by "Here's your Christmas card" (18 percent), "So you're still the master of your domain?" (10 percent), "Not that there's anything wrong with that" (10 percent), and "They're real and they're spectacular" (9 percent).</p><p>"The fourth season was a breakthrough year for 'Seinfeld,'" said Doug Thomas, Amazon's DVD managing editor. "These clips illustrate how the show became America's favorite water cooler conversation topic; I'm sure fans will get caught up watching and laughing with them. I certainly did. Plus, there is a bounty of excellent extras on these DVDs that fans will love."</p><p>For "Seinfeld" fans whose opinions may differ with the results to date, it's not too late. To watch each of these classic season-four moments and cast a vote, visit Amazon.com's DVD Store or go directly to www.amazon.com/seinfeld. Click any link to view that scene; to vote, simply select one scene and click the "Vote and View Results" button. Current results will be displayed once a vote is cast. Poll visitors can also test their "Seinfeld" knowledge with trivia questions like: "What item did George think was stolen from him during auditions for the Kramer character in 'The Pilot'" and "What inscription did Jerry write on the photo he gave to the waitress in 'The Bubble Boy?'"</p><p>"Seinfeld: The Complete Fourth Season" has been among Amazon's top-selling DVDs since becoming available for advance order on March 14, 2005 and is currently ranked no. 2 on Amazon.com's DVD top-sellers list. Amazon is offering the DVD at $32.47, a savings of 35 percent.</p><p>In addition to "Seinfeld: The Complete Fourth Season," Seinfeld lovers can purchase "Seinfeld: Seasons 1 & 2," "Seinfeld: Season 3," and the "Seinfeld" Limited Edition Gift Set (which includes Seasons 1 through 3, a limited-edition script, Monk's salt and pepper shakers, and playing cards) at Amazon.com, where they will receive Free Super Saver Shipping. Amazon Prime members will receive free two-day shipping or overnight shipping for just $3.99 per item.</p><p>For more information about TV shows available on DVD, visit Amazon.com's new Television Central Store, available at www.amazon.com/dvd-tv or via Amazon.com's DVD Store. Television Central visitors will find information about new and future TV show DVD releases, exclusive content from their favorite shows, and up to 50 percent off early-season sets of television series spanning over five decades, from the 1950s to today.</p><p>About Amazon.com</p><p>Amazon.com, Inc., (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>CONTACT: Amazon.com Media RelationsKristin Mariani, 206-266-7180SOURCE: Amazon.com</p> |
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Amazon Introduces Amazon Wedding, a One-Stop Destination for Registry and Wedding Planning | /news/news-details/2005/Amazon-Introduces-Amazon-Wedding-a-One-Stop-Destination-for-Registry-and-Wedding-Planning/default.aspx | Amazon-Introduces-Amazon-Wedding-a-One-Stop-Destination-for-Registry-and-Wedding-Planning | 4,666 | 05/06/2005 08:01:00 | Amazon Introduces Amazon Wedding, a One-Stop Destination for Registry and Wedding Planning | 05/06/2005 | 2005 | Wedding Content from Wedding and Lifestyle Experts, and Registry Guides for a Wide Selection of Products, from Cordless Drills to Digital Cameras
SEATTLE--May 6, 2005-- Amazon Services, Inc., an Amazon.com (Nasdaq:AMZN) company, today announced the grand opening of Amazon Wedding -- a single wedding destination offering couples valuable planning and registry advice as well as millions of products to choose from on Amazon.com. Amazon Wedding (www.amazon.com/wedding) allows couples to register for a vast selection of products on Amazon.com, from Lenox fine china to Sony camcorders.
Amazon has teamed with Michele Adams and Gia Russo, "the MiGi Girls," to add expert advice throughout the Wedding Planning Guides. The MiGi Girls, authors of Wedding Showers and hosts of The Art of the Party on the Fine Living Network, offer customers ideas and tips about making invitations, planning the reception, and choosing a ceremony style. Engaged couples, and their family and friends, will find helpful information for planning everything from the bridal shower to the honeymoon in the more than 150 Planning Guides featured in Amazon Wedding.
"Getting married is a very happy, but busy, time for couples. Amazon Wedding has added helpful planning tools, expert content, and a little inspiration for couples planning their big day," said Kerry Morris, divisional merchandising manager of Home & Garden at Amazon.com. "Amazon Wedding also allows couples to register for millions of different products in one registry. In fact, we have seen couples register for more than 70,000 unique products at Amazon.com, from camping gear to crystal, throughout the last few months."
Amazon Wedding also offers couples checklists and planning tools to help them keep track of everything from engagement announcements to thank-you notes. The interactive Registry Checklist allows couples to keep track of what they've added to their registry and recommends quantities of each item, such as the types and quantity of knives for a well-stocked kitchen or all of the components of a home theater system. The Planning Checklist guides couples through the wedding planning process, helping them manage each task. Both the Registry and Planning Checklists link back to the Registry and Planning Guides for more information. Amazon Wedding also includes a Local Vendor Search feature to help couples find florists, photographers and caterers in their local area using the A9 Yellow Pages. Without leaving Amazon Wedding, users can find local vendors based on their registry address and the article topics they are viewing.
For more details, visit www.amazon.com/wedding.
About Amazon.com
Amazon.com (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward-Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
CONTACT: Amazon.com, SeattleJani Strand or Molly Ingle, 206-266-7180jani@amazon.com or ingle@amazon.comSOURCE: Amazon.com | <p>Wedding Content from Wedding and Lifestyle Experts, and Registry Guides for a Wide Selection of Products, from Cordless Drills to Digital Cameras</p><p>SEATTLE--May 6, 2005-- Amazon Services, Inc., an Amazon.com (Nasdaq:AMZN) company, today announced the grand opening of Amazon Wedding -- a single wedding destination offering couples valuable planning and registry advice as well as millions of products to choose from on Amazon.com. Amazon Wedding (www.amazon.com/wedding) allows couples to register for a vast selection of products on Amazon.com, from Lenox fine china to Sony camcorders.</p><p>Amazon has teamed with Michele Adams and Gia Russo, "the MiGi Girls," to add expert advice throughout the Wedding Planning Guides. The MiGi Girls, authors of Wedding Showers and hosts of The Art of the Party on the Fine Living Network, offer customers ideas and tips about making invitations, planning the reception, and choosing a ceremony style. Engaged couples, and their family and friends, will find helpful information for planning everything from the bridal shower to the honeymoon in the more than 150 Planning Guides featured in Amazon Wedding.</p><p>"Getting married is a very happy, but busy, time for couples. Amazon Wedding has added helpful planning tools, expert content, and a little inspiration for couples planning their big day," said Kerry Morris, divisional merchandising manager of Home & Garden at Amazon.com. "Amazon Wedding also allows couples to register for millions of different products in one registry. In fact, we have seen couples register for more than 70,000 unique products at Amazon.com, from camping gear to crystal, throughout the last few months."</p><p>Amazon Wedding also offers couples checklists and planning tools to help them keep track of everything from engagement announcements to thank-you notes. The interactive Registry Checklist allows couples to keep track of what they've added to their registry and recommends quantities of each item, such as the types and quantity of knives for a well-stocked kitchen or all of the components of a home theater system. The Planning Checklist guides couples through the wedding planning process, helping them manage each task. Both the Registry and Planning Checklists link back to the Registry and Planning Guides for more information. Amazon Wedding also includes a Local Vendor Search feature to help couples find florists, photographers and caterers in their local area using the A9 Yellow Pages. Without leaving Amazon Wedding, users can find local vendors based on their registry address and the article topics they are viewing.</p><p>For more details, visit www.amazon.com/wedding.</p><p>About Amazon.com</p><p>Amazon.com (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward-Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>CONTACT: Amazon.com, SeattleJani Strand or Molly Ingle, 206-266-7180jani@amazon.com or ingle@amazon.comSOURCE: Amazon.com</p> |
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Amazon.com Adds Loose Diamonds to Jewelry Store at Industry-Leading Prices; Jewelry & Watches Sales Maintain Triple Digit Growth During the First Quarter | /news/news-details/2005/Amazon.com-Adds-Loose-Diamonds-to-Jewelry-Store-at-Industry-Leading-Prices-Jewelry--Watches-Sales-Maintain-Triple-Digit-Growth-During-the-First-Quarter/default.aspx | Amazon.com-Adds-Loose-Diamonds-to-Jewelry-Store-at-Industry-Leading-Prices-Jewelry--Watches-Sales-Maintain-Triple-Digit-Growth-During-the-First-Quarter | 4,668 | 05/04/2005 09:04:00 | Amazon.com Adds Loose Diamonds to Jewelry Store at Industry-Leading Prices; Jewelry & Watches Sales Maintain Triple Digit Growth During the First Quarter | 05/04/2005 | 2005 | SEATTLE, May 04, 2005 (BUSINESS WIRE) -- Amazon.com, Inc. (Nasdaq:AMZN) today announced that customers can now find, discover and buy loose diamonds at industry-leading prices in the Amazon.com Jewelry & Watches store (www.amazon.com/jewelry). The company also introduced Amazon Diamond Search, a proprietary tool that enables customers to search thousands of individual stones based on multiple diamond attributes, including shape, price, carat, cut, color and clarity. The addition of loose stones and Amazon Diamond Search is another step in Amazon's commitment to expanding its rapidly-growing jewelry and watches business, which sustained triple-digit growth during the first quarter.
"In Amazon.com's Jewelry store, customers now have the ultimate flexibility in selecting a loose diamond, knowing that they're getting a highly competitive price," said Russ Grandinetti, vice president, Amazon.com Jewelry. "Amazon Diamond Search is a great way to find the stone that best fits your needs and budget. For the customer who wants something very specific, like a pear-shaped stone, or a flawless, colorless stone of a certain shape or size, the Amazon.com Jewelry store is able to offer a wide range of options."
Amazon Diamond Search was developed by Amazon's technical, usability and jewelry experts to offer customers the most effective, and easy-to-use diamond search feature on the Internet. And for each Amazon Diamond Search attribute, the tool features a "Learn" button which offers educational information featured within the original search results screen.
Online jewelry retailing, and now Amazon.com, have given diamond shoppers increased access to a larger selection of loose diamonds, especially for hard-to-find stones. Shoppers in the Amazon.com Jewelry store will find loose diamonds ranging from .25 carats to more than five carats in size with thousands of variations in color, clarity and cut. Each diamond includes in-depth information such as table, depth, symmetry and polish, as well as cut, clarity, color and carat weight. Customers can also view the official certified diamond grading report for each stone. Some examples include:
-- Emerald, Good cut, 5.01 carats, F color, VVS1 clarity, for $93,185.
-- Oval, Good cut, 2.60 carats, D color, VS1 clarity, for $26,310.
-- Radiant, Very Good cut, 2.25 carats, H color, IF clarity, for $15,540.
-- Round, Ideal cut, .76 carats, D color, IF clarity, for $5,700.
-- Princess, Very Good cut, 1.00 carats, I color, SI2 clarity, for $2,960.
-- Round, Ideal cut, .50 carats, D color, VVS1 clarity, for $2,540.
Each diamond sold by Amazon.com is inspected by jewelry professionals to verify quality attributes and ensure an excellent product. Diamonds arrive in an elegant finished-wood jewelry box accompanied by a diamond grading report and information about how to care for the stone.
Sales in the first quarter represent orders from January 1, 2005 through March 31, 2005.
About Amazon.com
Amazon.com (NASDAQ:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward Looking Statements
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
SOURCE: Amazon.com, Inc.
Amazon.com, Inc.Media Contacts:Jani Strand, 206-266-7180jani@amazon.comorMolly Ingle, 206-266-7180ingle@amazon.com | <p>SEATTLE, May 04, 2005 (BUSINESS WIRE) -- Amazon.com, Inc. (Nasdaq:AMZN) today announced that customers can now find, discover and buy loose diamonds at industry-leading prices in the Amazon.com Jewelry & Watches store (www.amazon.com/jewelry). The company also introduced Amazon Diamond Search, a proprietary tool that enables customers to search thousands of individual stones based on multiple diamond attributes, including shape, price, carat, cut, color and clarity. The addition of loose stones and Amazon Diamond Search is another step in Amazon's commitment to expanding its rapidly-growing jewelry and watches business, which sustained triple-digit growth during the first quarter.</p><p>"In Amazon.com's Jewelry store, customers now have the ultimate flexibility in selecting a loose diamond, knowing that they're getting a highly competitive price," said Russ Grandinetti, vice president, Amazon.com Jewelry. "Amazon Diamond Search is a great way to find the stone that best fits your needs and budget. For the customer who wants something very specific, like a pear-shaped stone, or a flawless, colorless stone of a certain shape or size, the Amazon.com Jewelry store is able to offer a wide range of options."</p><p>Amazon Diamond Search was developed by Amazon's technical, usability and jewelry experts to offer customers the most effective, and easy-to-use diamond search feature on the Internet. And for each Amazon Diamond Search attribute, the tool features a "Learn" button which offers educational information featured within the original search results screen.</p><p>Online jewelry retailing, and now Amazon.com, have given diamond shoppers increased access to a larger selection of loose diamonds, especially for hard-to-find stones. Shoppers in the Amazon.com Jewelry store will find loose diamonds ranging from .25 carats to more than five carats in size with thousands of variations in color, clarity and cut. Each diamond includes in-depth information such as table, depth, symmetry and polish, as well as cut, clarity, color and carat weight. Customers can also view the official certified diamond grading report for each stone. Some examples include:</p><p>-- Emerald, Good cut, 5.01 carats, F color, VVS1 clarity, for $93,185.</p><p>-- Oval, Good cut, 2.60 carats, D color, VS1 clarity, for $26,310.</p><p>-- Radiant, Very Good cut, 2.25 carats, H color, IF clarity, for $15,540.</p><p>-- Round, Ideal cut, .76 carats, D color, IF clarity, for $5,700.</p><p>-- Princess, Very Good cut, 1.00 carats, I color, SI2 clarity, for $2,960.</p><p>-- Round, Ideal cut, .50 carats, D color, VVS1 clarity, for $2,540.</p><p>Each diamond sold by Amazon.com is inspected by jewelry professionals to verify quality attributes and ensure an excellent product. Diamonds arrive in an elegant finished-wood jewelry box accompanied by a diamond grading report and information about how to care for the stone.</p><p>Sales in the first quarter represent orders from January 1, 2005 through March 31, 2005.</p><p>About Amazon.com</p><p>Amazon.com (NASDAQ:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward Looking Statements</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>SOURCE: Amazon.com, Inc.</p><p>Amazon.com, Inc.Media Contacts:Jani Strand, 206-266-7180jani@amazon.comorMolly Ingle, 206-266-7180ingle@amazon.com</p> |
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Trading Spaces' Carpenter and Author Amy Wynn Pastor Offers Mother's Day Gifting Advice in the Amazon.com Tools & Hardware Store | /news/news-details/2005/Trading-Spaces-Carpenter-and-Author-Amy-Wynn-Pastor-Offers-Mothers-Day-Gifting-Advice-in-the-Amazon.com-Tools--Hardware-Store/default.aspx | Trading-Spaces-Carpenter-and-Author-Amy-Wynn-Pastor-Offers-Mothers-Day-Gifting-Advice-in-the-Amazon.com-Tools--Hardware-Store | 4,669 | 04/28/2005 08:02:00 | Trading Spaces' Carpenter and Author Amy Wynn Pastor Offers Mother's Day Gifting Advice in the Amazon.com Tools & Hardware Store | 04/28/2005 | 2005 | SEATTLE, Apr 28, 2005 (BUSINESS WIRE) -- Amazon.com, Inc. (Nasdaq:AMZN), announced today that Amy Wynn Pastor, host of TLC's popular home improvement show Trading Spaces and author of the recently published home repair book "Yes, You Can! Home Repairs Made Easy" (Meredith Books), have teamed up to offer Mother's Day shopping advice to customers in the Tools & Hardware store (www.amazon.com/tools). Gift picks, including those for the fix-it mom, the gardening mom, the home-project mom and the power-tool mom, will be available to customers through May 9.
Ms. Pastor's work has reached women all over the country and helped them gain the confidence to tackle home improvement projects themselves and enjoy it. "Taking care of your home is not about brawn, it's about knowledge," said Ms. Pastor. "My book and the right tools make a great gift for any mom, whether she is a novice or an experienced do-it-yourselfer."
Amazon customers can find links to Ms. Pastor's gift picks and book by going to www.amazon.com/tools. Everything from pruners and garden carts to cordless drills and a sander with comfort gel grips is included.
"Amy Wynn Pastor is a major source of inspiration for everyone who ever wanted to take on home improvement projects, but was afraid to pick up a hammer or power tool," said Steve Frazier, vice president of Tools & Hardware at Amazon.com. "We're excited to work with Ms. Pastor to offer our customers a valuable resource and great advice for Mother's Day gifts."
About the Amazon.com Tools & Hardware Store
The Amazon.com Tools & Hardware store (www.amazon.com/tools) is the ultimate online destination for finding the right tool for the right job and lifestyle -- whether you're a do-it-yourselfer or a professional customer. The Amazon.com Tools & Hardware store features an unparalleled selection of tools, hardware, and popular brands at competitive prices, along with all the information consumers need to make informed purchasing decisions.
About Amazon.com
Amazon.com, Inc., (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
About Meredith Books
Meredith Books is a division of Meredith Corporation, one of the nation's leading media and marketing companies. With more than 400 books in print and nearly 290 million books sold, Meredith Books turns great brands into great books. Brands such as TLC(R), The Home Depot(R), Disney(R), the Food Network(SM) and Better Homes and Gardens(R) and products such as Trading Spaces(TM), American Chopper(TM), Miracle Gro(R), Monster Garage(TM) and Spider-Man(R) trust Meredith Books to produce bestsellers that capture the essence of their brands.
Forward-Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
SOURCE: Amazon.com, Inc.
Amazon.comMolly Ingle, 206-266-2180ingle@amazon.comorDBA Public RelationsJennifer Solar, 212-388-1400, ext. 22Megan Merriam, 212-388-1400, ext. 35 | <p>SEATTLE, Apr 28, 2005 (BUSINESS WIRE) -- Amazon.com, Inc. (Nasdaq:AMZN), announced today that Amy Wynn Pastor, host of TLC's popular home improvement show Trading Spaces and author of the recently published home repair book "Yes, You Can! Home Repairs Made Easy" (Meredith Books), have teamed up to offer Mother's Day shopping advice to customers in the Tools & Hardware store (www.amazon.com/tools). Gift picks, including those for the fix-it mom, the gardening mom, the home-project mom and the power-tool mom, will be available to customers through May 9.</p><p>Ms. Pastor's work has reached women all over the country and helped them gain the confidence to tackle home improvement projects themselves and enjoy it. "Taking care of your home is not about brawn, it's about knowledge," said Ms. Pastor. "My book and the right tools make a great gift for any mom, whether she is a novice or an experienced do-it-yourselfer."</p><p>Amazon customers can find links to Ms. Pastor's gift picks and book by going to www.amazon.com/tools. Everything from pruners and garden carts to cordless drills and a sander with comfort gel grips is included.</p><p>"Amy Wynn Pastor is a major source of inspiration for everyone who ever wanted to take on home improvement projects, but was afraid to pick up a hammer or power tool," said Steve Frazier, vice president of Tools & Hardware at Amazon.com. "We're excited to work with Ms. Pastor to offer our customers a valuable resource and great advice for Mother's Day gifts."</p><p>About the Amazon.com Tools & Hardware Store</p><p>The Amazon.com Tools & Hardware store (www.amazon.com/tools) is the ultimate online destination for finding the right tool for the right job and lifestyle -- whether you're a do-it-yourselfer or a professional customer. The Amazon.com Tools & Hardware store features an unparalleled selection of tools, hardware, and popular brands at competitive prices, along with all the information consumers need to make informed purchasing decisions.</p><p>About Amazon.com</p><p>Amazon.com, Inc., (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>About Meredith Books</p><p>Meredith Books is a division of Meredith Corporation, one of the nation's leading media and marketing companies. With more than 400 books in print and nearly 290 million books sold, Meredith Books turns great brands into great books. Brands such as TLC(R), The Home Depot(R), Disney(R), the Food Network(SM) and Better Homes and Gardens(R) and products such as Trading Spaces(TM), American Chopper(TM), Miracle Gro(R), Monster Garage(TM) and Spider-Man(R) trust Meredith Books to produce bestsellers that capture the essence of their brands.</p><p>Forward-Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>SOURCE: Amazon.com, Inc.</p><p>Amazon.comMolly Ingle, 206-266-2180ingle@amazon.comorDBA Public RelationsJennifer Solar, 212-388-1400, ext. 22Megan Merriam, 212-388-1400, ext. 35</p> |
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Amazon.com Announces New Management Team for Joyo.com Former Execs from Motorola, 88pal.com.cn, and YesAsia.com Join Senior Leadership | /news/news-details/2005/Amazon.com-Announces-New-Management-Team-for-Joyo.com-Former-Execs-from-Motorola-88pal.com.cn-and-YesAsia.com-Join-Senior-Leadership/default.aspx | Amazon.com-Announces-New-Management-Team-for-Joyo.com-Former-Execs-from-Motorola-88pal.com.cn-and-YesAsia.com-Join-Senior-Leadership | 4,671 | 04/28/2005 00:00:00 | Amazon.com Announces New Management Team for Joyo.com Former Execs from Motorola, 88pal.com.cn, and YesAsia.com Join Senior Leadership | 04/28/2005 | 2005 | Beijing, China – April 28, 2005 –Amazon.com has announced the appointment of Hanhua Wang, Ph.D. as the new president for Joyo.com. A native of Beijing, Wang was previously one of Motorola's Asia Pacific vice presidents and general manager for cell phone operations and sales. During his years at Motorola, Wang also served as the company's director of marketing, consumer insight, and sales planning and strategy. Prior to joining Motorola, Dr. Wang was the director of research for Gallup Consulting in Beijing.
"We are extremely excited to have Hanhua lead our dedicated Joyo.com team," said Diego Piacentini, Amazon.com's senior vice president for worldwide retail and marketing. "In his previous positions at Motorola, Hanhua gained invaluable experience leading a team of professionals across all areas of the business, including operations, planning, marketing and finance. In addition, his work for Gallup Consulting in Beijing gives him a strong understanding of the Chinese consumer which will be important as we continue our efforts to serve Joyo.com customers even better."
Amazon.com also announced the selection of two other senior executives. Albert Wong has been named as vice president for Joyo.com's operations and customer service. Prior to Joyo, Mr. Wong was executive director for IT and director of operations for YesAsia.com, and also served as general manager for Xinyi Logistics Software in Guangzhou.
Cornell Tsiang has been named as vice president of finance for Joyo.com. He previously served as chief financial officer for the Chinese social networking site 88pal.com.cn, and has a strong background in corporate finance, having worked as director for the investment banking division of ING Bank, N.V., based in Singapore.
"Albert's expertise in fulfillment systems and operations management will enable us to operate our fulfillment network even more efficiently," continued Piacentini. "And Cornell's background in finance and online ventures make him an ideal fit for Joyo.com."
At the same time, the company announced the resignation of Lin Shuixing, and Chen Nian, formerly president and executive vice president for Joyo.com. "We would like to thank Lin Shuixing and Chen Nian for all of their efforts on behalf of Joyo.com's customers," said Piacentini. "Since the acquisition, we've made a number of improvements to the Joyo.com experience, and Joyo's talented group of employees and managers will enable us to make it even better in the months to come."
In 2004, Amazon.com acquired Joyo.com Limited, which operates the Joyo.com Web sites--www.joyo.com and www.joyo.com.cn--in cooperation with Chinese subsidiaries and affiliates.
Founded in 2000, Joyo.com offers customers a wide selection of books, videos and DVDs, music, software, toys and gifts, among other products.
About Amazon.com
Amazon.com, Inc., (Nasdaq: AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
Media Contact:Golin HarrisVivian WuTel: 86 10 84584750-816MP: 139-1120-2949Email: vwu@golinharris.com | <p>Beijing, China – April 28, 2005 –Amazon.com has announced the appointment of Hanhua Wang, Ph.D. as the new president for Joyo.com. A native of Beijing, Wang was previously one of Motorola's Asia Pacific vice presidents and general manager for cell phone operations and sales. During his years at Motorola, Wang also served as the company's director of marketing, consumer insight, and sales planning and strategy. Prior to joining Motorola, Dr. Wang was the director of research for Gallup Consulting in Beijing.</p><p>"We are extremely excited to have Hanhua lead our dedicated Joyo.com team," said Diego Piacentini, Amazon.com's senior vice president for worldwide retail and marketing. "In his previous positions at Motorola, Hanhua gained invaluable experience leading a team of professionals across all areas of the business, including operations, planning, marketing and finance. In addition, his work for Gallup Consulting in Beijing gives him a strong understanding of the Chinese consumer which will be important as we continue our efforts to serve Joyo.com customers even better."</p><p>Amazon.com also announced the selection of two other senior executives. Albert Wong has been named as vice president for Joyo.com's operations and customer service. Prior to Joyo, Mr. Wong was executive director for IT and director of operations for YesAsia.com, and also served as general manager for Xinyi Logistics Software in Guangzhou.</p><p>Cornell Tsiang has been named as vice president of finance for Joyo.com. He previously served as chief financial officer for the Chinese social networking site 88pal.com.cn, and has a strong background in corporate finance, having worked as director for the investment banking division of ING Bank, N.V., based in Singapore.</p><p>"Albert's expertise in fulfillment systems and operations management will enable us to operate our fulfillment network even more efficiently," continued Piacentini. "And Cornell's background in finance and online ventures make him an ideal fit for Joyo.com."</p><p>At the same time, the company announced the resignation of Lin Shuixing, and Chen Nian, formerly president and executive vice president for Joyo.com. "We would like to thank Lin Shuixing and Chen Nian for all of their efforts on behalf of Joyo.com's customers," said Piacentini. "Since the acquisition, we've made a number of improvements to the Joyo.com experience, and Joyo's talented group of employees and managers will enable us to make it even better in the months to come."</p><p>In 2004, Amazon.com acquired Joyo.com Limited, which operates the Joyo.com Web sites--www.joyo.com and www.joyo.com.cn--in cooperation with Chinese subsidiaries and affiliates.</p><p>Founded in 2000, Joyo.com offers customers a wide selection of books, videos and DVDs, music, software, toys and gifts, among other products.</p><p>About Amazon.com</p><p>Amazon.com, Inc., (Nasdaq: AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>Media Contact:Golin HarrisVivian WuTel: 86 10 84584750-816MP: 139-1120-2949Email: vwu@golinharris.com</p> |
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Sears Canada and Amazon Services Announce E-Commerce Alliance | /news/news-details/2005/Sears-Canada-and-Amazon-Services-Announce-E-Commerce-Alliance/default.aspx | Sears-Canada-and-Amazon-Services-Announce-E-Commerce-Alliance | 4,674 | 04/27/2005 09:30:00 | Sears Canada and Amazon Services Announce E-Commerce Alliance | 04/27/2005 | 2005 | TORONTO & SEATTLE--(BUSINESS WIRE)--April 27, 2005--Retail industry giant Sears Canada Inc. (TSX:SCC) and Amazon Services, Inc., a subsidiary of Amazon.com, Inc. (NASDAQ:AMZN), today announced that they will join forces to create a more robust online shopping experience for www.sears.ca customers. Under the multi-year agreement, Amazon Services will build a new Sears Canada branded-website using Amazon technology and provide Sears Canada with tools to be in control of its brand and online business.
"Sears.ca is Canada's most popular retail website. Amazon Services provides technology and expertise that drives Amazon.com. This announcement marks the joining together of two industry leaders to create a premiere shopping experience on sears.ca, the website that features Canada's most extensive online merchandise selection," said Brent Hollister, President and Chief Executive Officer, Sears Canada. "It is important to us to incorporate web features that make sears.ca as user-friendly as today's technology allows. The relationship with Amazon Services helps us move forward immediately and remain on the leading-edge of e-commerce development."
Through this alliance, Sears Canada will be able to combine its core competencies including merchandising, marketing, fulfillment and customer service with Amazon Services' technical and e-commerce expertise. Amazon shopping features such as Search, Navigation, Personalization, Recommendations, and Community features such as Customer Reviews, will be key elements in creating a more compelling online merchandise presentation and customer experience for Sears Canada online shoppers.
"Think of it as sears.ca powered by Amazon," continued Hollister. "This is a significant business initiative with aggressive growth opportunities and other long-term benefits and is planned with a substantial return on investment. We intend to extend our relationship to develop innovative solutions to drive significant value."
"We are pleased that Sears Canada chose Amazon Services to create an enhanced shopping experience for its customers," said Amazon.com CEO and Founder Jeff Bezos. "We look forward to putting Amazon's e-commerce expertise and technology innovation to work in moving Sears Canada's online business forward."
About sears.ca
Sears Canada's bilingual website, www.sears.ca debuted online in 1996, making Sears one of the country's first retailers with an Internet presence. By late 1998, the site reached 500,000 visits. Today, sears.ca receives over 30 million visits annually. In 2002, the site won the Retail Council of Canada's "Excellence in Retailing Award", (for online retailing) for processing over 1 million orders in 2001. Sears.ca offers an impressive assortment of merchandise with well over 100,000 items available for sale and ships orders free to over 2,200 merchandise pick-up locations across Canada. As the company in Canada that people trust the most, online shoppers have peace of mind knowing that Sears offers its satisfaction guaranteed or money refunded policy and safe shopping environment that assures them that sears.ca is a secure place to shop.
About Sears Canada Inc.
Sears Canada, the retailer with the most extensive multi-channel network in the country, began serving customers in 1953. The Company has 41,000 associates and, in an independent consumer survey, ranks high in customer service, trust, respect, and quality products and services. There is a Sears location within a 10-minute drive of 93% of Canadians, and Sears is dedicated to providing them with quality merchandise and exceptional service coast to coast through its 122 full-line department stores, 219 off-mall stores, 64 home improvement showrooms, over 2,200 catalogue merchandise pick-up locations, 113 Sears Travel offices and a nationwide home maintenance, repair, and installation network. The Company also publishes Canada's most extensive general merchandise catalogue and offers shopping online at www.sears.ca.
About Amazon Services, Inc.
Amazon Services, Inc. is a subsidiary of Amazon.com, Inc. (Nasdaq:AMZN) that offers the technical platform, operational capabilities and online retailing expertise that power Amazon.com, Target.com, The Bombay Company, NBA.com Store, and other leading retail sites seeking a world-class, cost-effective e-commerce offering for their customers.
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
CONTACT: Sears Canada Inc.Vincent Power, 416-941-4422vpower@sears.caorAmazon Services, Inc.Media Hotline, 206-266-7180SOURCE: Amazon Services, Inc. | <p>TORONTO & SEATTLE--(BUSINESS WIRE)--April 27, 2005--Retail industry giant Sears Canada Inc. (TSX:SCC) and Amazon Services, Inc., a subsidiary of Amazon.com, Inc. (NASDAQ:AMZN), today announced that they will join forces to create a more robust online shopping experience for www.sears.ca customers. Under the multi-year agreement, Amazon Services will build a new Sears Canada branded-website using Amazon technology and provide Sears Canada with tools to be in control of its brand and online business.</p><p>"Sears.ca is Canada's most popular retail website. Amazon Services provides technology and expertise that drives Amazon.com. This announcement marks the joining together of two industry leaders to create a premiere shopping experience on sears.ca, the website that features Canada's most extensive online merchandise selection," said Brent Hollister, President and Chief Executive Officer, Sears Canada. "It is important to us to incorporate web features that make sears.ca as user-friendly as today's technology allows. The relationship with Amazon Services helps us move forward immediately and remain on the leading-edge of e-commerce development."</p><p>Through this alliance, Sears Canada will be able to combine its core competencies including merchandising, marketing, fulfillment and customer service with Amazon Services' technical and e-commerce expertise. Amazon shopping features such as Search, Navigation, Personalization, Recommendations, and Community features such as Customer Reviews, will be key elements in creating a more compelling online merchandise presentation and customer experience for Sears Canada online shoppers.</p><p>"Think of it as sears.ca powered by Amazon," continued Hollister. "This is a significant business initiative with aggressive growth opportunities and other long-term benefits and is planned with a substantial return on investment. We intend to extend our relationship to develop innovative solutions to drive significant value."</p><p>"We are pleased that Sears Canada chose Amazon Services to create an enhanced shopping experience for its customers," said Amazon.com CEO and Founder Jeff Bezos. "We look forward to putting Amazon's e-commerce expertise and technology innovation to work in moving Sears Canada's online business forward."</p><p>About sears.ca</p><p>Sears Canada's bilingual website, www.sears.ca debuted online in 1996, making Sears one of the country's first retailers with an Internet presence. By late 1998, the site reached 500,000 visits. Today, sears.ca receives over 30 million visits annually. In 2002, the site won the Retail Council of Canada's "Excellence in Retailing Award", (for online retailing) for processing over 1 million orders in 2001. Sears.ca offers an impressive assortment of merchandise with well over 100,000 items available for sale and ships orders free to over 2,200 merchandise pick-up locations across Canada. As the company in Canada that people trust the most, online shoppers have peace of mind knowing that Sears offers its satisfaction guaranteed or money refunded policy and safe shopping environment that assures them that sears.ca is a secure place to shop.</p><p>About Sears Canada Inc.</p><p>Sears Canada, the retailer with the most extensive multi-channel network in the country, began serving customers in 1953. The Company has 41,000 associates and, in an independent consumer survey, ranks high in customer service, trust, respect, and quality products and services. There is a Sears location within a 10-minute drive of 93% of Canadians, and Sears is dedicated to providing them with quality merchandise and exceptional service coast to coast through its 122 full-line department stores, 219 off-mall stores, 64 home improvement showrooms, over 2,200 catalogue merchandise pick-up locations, 113 Sears Travel offices and a nationwide home maintenance, repair, and installation network. The Company also publishes Canada's most extensive general merchandise catalogue and offers shopping online at www.sears.ca.</p><p>About Amazon Services, Inc.</p><p>Amazon Services, Inc. is a subsidiary of Amazon.com, Inc. (Nasdaq:AMZN) that offers the technical platform, operational capabilities and online retailing expertise that power Amazon.com, Target.com, The Bombay Company, NBA.com Store, and other leading retail sites seeking a world-class, cost-effective e-commerce offering for their customers.</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>CONTACT: Sears Canada Inc.Vincent Power, 416-941-4422vpower@sears.caorAmazon Services, Inc.Media Hotline, 206-266-7180SOURCE: Amazon Services, Inc.</p> |
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Amazon.com Announces First Quarter Financial Results; For the First Time Sales of Electronics & Other General Merchandise Surpass $1.8 Billion and Comprise 25% of Total Sales over the Past Year | /news/news-details/2005/Amazon.com-Announces-First-Quarter-Financial-Results-For-the-First-Time-Sales-of-Electronics--Other-General-Merchandise-Surpass-1.8-Billion-and-Comprise-25-of-Total-Sales-over-the-Past-Year/default.aspx | Amazon.com-Announces-First-Quarter-Financial-Results-For-the-First-Time-Sales-of-Electronics--Other-General-Merchandise-Surpass-1.8-Billion-and-Comprise-25-of-Total-Sales-over-the-Past-Year | 4,680 | 04/26/2005 16:03:00 | Amazon.com Announces First Quarter Financial Results; For the First Time Sales of Electronics & Other General Merchandise Surpass $1.8 Billion and Comprise 25% of Total Sales over the Past Year | 04/26/2005 | 2005 | Adobe® Acrobat® Reader® required to view pdf files. To download a free a copy, click here.To save pdf files, please click on diskette icon on the Adobe® Acrobat® Reader® nav bar.
SEATTLE--(BUSINESS WIRE)--April 26, 2005--Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its first quarter ended March 31, 2005.
Operating cash flow grew 33% to $523 million for the trailing twelve months, compared with $393 million for the trailing twelve months ended March 31, 2004. Free cash flow grew 21% to $417 million for the trailing twelve months, compared with $344 million for the trailing twelve months ended March 31, 2004.
Common shares outstanding plus shares underlying stock-based awards outstanding totaled 434 million at March 31, 2005, compared with 432 million a year ago.
Net sales increased 24% to $1.90 billion in the first quarter, compared with $1.53 billion in first quarter 2004. Excluding the $30 million benefit from year-over-year changes in foreign exchange rates throughout the quarter, net sales grew 22% compared with first quarter 2004.
Operating income declined 2% to $108 million in the first quarter, compared with $110 million in first quarter 2004. As previously announced, the Company chose to adopt SFAS 123(R), the new accounting rules on stock-based compensation, earlier than required, effective January 1, 2005. Excluding the $14 million impact due to this adoption, operating income would have grown 10% to $122 million. Operating income benefited by $3 million from year-over-year changes in foreign exchange rates throughout the quarter.
Net income was $78 million in the first quarter, or $0.18 per diluted share, compared with net income of $111 million, or $0.26 per diluted share, in first quarter 2004. Net income for the first quarter includes $56 million in income tax expense, compared with a $2 million income tax benefit in first quarter 2004. First quarter also includes a $26 million gain for the cumulative effect of a change in accounting principle related to the Company's early adoption of SFAS 123(R).
"We're seeing especially heavy use of Amazon Prime in Electronics, Tools, Kitchen, and Health & Personal Care," said Jeff Bezos, founder and CEO of Amazon.com. "For $79 a year, Amazon Prime members get 'all-you-can-eat' free express shipping. Getting your items right away changes the way you use and think about Amazon.com."
Amazon Prime, Amazon.com's first-ever membership program, was introduced February 2005. For a flat membership fee of $79 per year, Amazon Prime members get unlimited, express two-day shipping for free, with no minimum purchase requirement on over a million eligible items sold by Amazon.com. Members can order as late as 6:30 p.m. ET and still get their order the next day for only $3.99 per item, and can share the benefits of Amazon Prime with up to four family members living in their household.
Highlights
North America segment sales, representing the Company's U.S. and Canadian sites, were $1.03 billion, up 21% from first quarter 2004. Segment operating income decreased 13% to $66 million in first quarter 2005 from $76 million in first quarter 2004.
North America Media growth was 17% in the first quarter, compared with 16% in first quarter 2004.
International segment sales, representing the Company's U.K., German, French, Japanese and Chinese sites, were $875 million, up 28% compared with first quarter 2004. Excluding the benefit from year-over-year changes in foreign exchange rates throughout the quarter, net sales growth was 24%. Segment operating income increased 51% to $62 million from $41 million in first quarter 2004.
On a trailing twelve month basis, International segment sales accounted for 45% of worldwide net sales, up from 40% for the trailing twelve months ended March 31, 2004.
Worldwide Electronics & other general merchandise sales grew 45% to $481 million, and represented 25% of net sales, compared with 22% for first quarter 2004.
The Company has received 700,000 pre-orders for Harry Potter and the Half Blood Prince, the sixth book in J.K. Rowling's epic Harry Potter series. Amazon.com is offering its U.S. customers guaranteed delivery of the book on the release date, Saturday, July 16, 2005, for the same price as standard shipping, with free delivery for Amazon Prime members.
Amazon Services Europe and leading U.K. retailer Marks & Spencer announced an agreement for Amazon to host and provide the technology behind the Marks & Spencer branded website and its in-store and telephone ordering and customer services systems.
A9.com, a subsidiary of Amazon.com, launched A9.com OpenSearch, a collection of technologies built on top of popular open standards to allow content providers to publish their search results in a format suitable for syndication. OpenSearch enables content providers' results to be displayed anywhere, anytime. Any site that has content -- and a search box--can choose to return results on A9.com using OpenSearch RSS. Customers can now view search results from The New York Times, Flickr, Wikipedia and over 150 other content providers at www.a9.com.
Financial Guidance
The following forward-looking statements reflect Amazon.com's expectations as of April 26, 2005. Results may be materially affected by many factors, such as fluctuations in foreign exchange rates, changes in global economic conditions and consumer spending, world events, the rate of growth of the Internet and online commerce, and the various factors detailed below.
Second Quarter 2005 Guidance
Net sales are expected to be between $1.675 billion and $1.825 billion, or grow between 21% and 32%, compared with second quarter 2004.
Operating income is expected to be between $50 million and $80 million, or decline between (42%) and (7%), compared with second quarter 2004. This guidance includes stock-based compensation of $35 million, including the impact from the Company's January 1, 2005 early adoption of SFAS 123(R), and assumes, among other things, that no additional intangible assets are recorded and that there are no further revisions to restructuring-related estimates.Full Year 2005 Expectations
Net sales are expected to be between $8.175 billion and $8.675 billion, or grow between 18% and 25%, compared with 2004.
Operating income is expected to be between $395 million and $510 million, or between (10%) and 16% growth, compared with 2004. This expectation includes stock-based compensation of $115 million, including the impact from the Company's January 1, 2005 early adoption of SFAS 123(R), and assumes, among other things, that no additional intangible assets are recorded and that there are no further revisions to restructuring-related estimates.
A conference call will be webcast live today at 2 p.m. PT/5 p.m. ET, and will be available for at least three months at www.amazon.com/ir. This call will contain forward-looking statements and other material information regarding the Company's financial and operating results.
These forward-looking statements are inherently difficult to predict. Actual results could differ materially for a variety of reasons, including, in addition to the factors discussed above, the amount that Amazon.com invests in new business opportunities and the timing of those investments, the mix of products sold to customers, the mix of net sales derived from products as compared with services, competition, management of growth, potential fluctuations in operating results, international growth and expansion, the outcomes of legal proceedings and claims, fulfillment center optimization, risks of inventory management, seasonality, the degree to which the Company enters into, maintains and develops commercial agreements, acquisitions and strategic transactions, and risks of fulfillment throughput and productivity. Other risks and uncertainties include, among others, risk of future losses, significant indebtedness, system interruptions, consumer trends, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
Financial Measure
The following measure is defined by the Securities and Exchange Commission as a non-GAAP financial measure.
Free Cash Flow
Operating cash flow is net cash provided by (used in) operating activities, including cash outflows for interest and excluding proceeds from the exercise of stock-based employee awards. Free cash flow is operating cash flow less cash outflows for purchases of fixed assets, including internal-use software and website development. A tabular reconciliation of differences from the comparable GAAP measure -- operating cash flow -- is included in the attached "Supplemental Financial Information and Business Metrics."
About Amazon.com
Amazon.com (NASDAQ: AMZN), a Fortune 500 company based in Seattle, opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer customers the lowest possible prices. Amazon.com and third-party sellers offer millions of unique new, refurbished, and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail websites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.co.jp, www.amazon.fr, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc. and its subsidiaries, unless the context indicates otherwise.
AMAZON.COM, INC.
Consolidated Statements of Cash Flows
(in millions)
(unaudited)
Three Months Twelve Months
Ended Ended
March 31, March 31,
--------------- ---------------
2005 2004 2005 2004
------- ------ -------- ------
CASH AND CASH EQUIVALENTS, BEGINNING
OF PERIOD $1,303 $1,102 $ 769 $ 496
OPERATING ACTIVITIES:
Net income 78 111 555 157
Adjustments to reconcile net income to
net cash provided by (used in)
operating activities:
Depreciation of fixed assets,
including internal-use software
and website development, and other
amortization 28 18 86 73
Stock-based compensation 19 7 70 68
Other operating expense (income) 1 - (7) 1
Losses (gains) on sales of marketable
securities, net - (1) 1 (7)
Remeasurements and other (14) (20) 8 88
Non-cash interest expense and other 1 1 5 6
Deferred income taxes 50 (7) (200) (6)
Cumulative effect of change in
accounting principle (26) - (26) -
Changes in operating assets and
liabilities:
Inventories 72 13 (110) (94)
Accounts receivable, net and other
current assets 10 14 (6) (12)
Accounts payable (425) (256) 117 138
Accrued expenses and other current
liabilities (31) (71) 24 (11)
Additions to unearned revenue 29 23 115 102
Amortization of previously unearned
revenue (25) (24) (107) (108)
Interest payable (61) (58) (2) (2)
------ ------ ------- ------
Net cash provided by (used in)
operating activities (294) (250) 523 393
INVESTING ACTIVITIES:
Purchases of fixed assets, including
internal-use software and website
development (26) (9) (106) (49)
Sales and maturities of marketable
securities and other investments 348 570 1,205 1,174
Purchases of marketable securities (504) (505) (1,583) (807)
Proceeds from sale of subsidiary - - - 5
Acquisitions, net of cash acquired (15) - (86) -
------ ------ ------- ------
Net cash provided by (used in)
investing activities (197) 56 (570) 323
FINANCING ACTIVITIES:
Proceeds from exercises of stock
options and other 9 15 55 140
Repayments of long-term debt and
capital lease obligations (265) (156) (267) (648)
------ ------ ------- ------
Net cash used in financing
activities (256) (141) (212) (508)
Foreign-currency effect on cash and
cash equivalents (23) 2 23 65
------ ------ ------- ------
Net increase (decrease) in cash and
cash equivalents (770) (333) (236) 273
------ ------ ------- ------
CASH AND CASH EQUIVALENTS, END OF
PERIOD $ 533 $ 769 $ 533 $ 769
====== ====== ======= ======
SUPPLEMENTAL CASH FLOW INFORMATION:
Fixed assets acquired under capital
leases and other financing
arrangements $ - $ 1 $ 1 $ 3
Cash paid for interest 84 86 106 122
Cash paid for income taxes 3 - 7 2
Note: The attached "Financial and Operational Summary" is an
integral part of the press release financial statements.
AMAZON.COM, INC.
Consolidated Statements of Operations
(in millions, except per share data)
(unaudited)
Three Months
Ended
March 31,
---------------
2005 2004
------- ------
Net sales $1,902 $1,530
Cost of sales 1,444 1,169
------ ------
Gross profit 458 361
Operating expenses (1):
Fulfillment 166 129
Marketing 45 34
Technology and content 92 58
General and administrative 46 30
Other operating expense 1 -
------ ------
Total operating expenses 350 251
------ ------
Income from operations 108 110
Interest income 9 6
Interest expense (26) (28)
Other income, net 3 1
Remeasurements and other 14 20
------ ------
Total non-operating income (expense) - (1)
------ ------
Income before income taxes 108 109
Provision (benefit) for income taxes 56 (2)
------ ------
Income before cumulative effect of change in accounting
principle 52 111
Cumulative effect of change in accounting principle 26 -
------ ------
Net income $ 78 $ 111
====== ======
Basic earnings per share:
Prior to cumulative effect of change in accounting
principle $ 0.13 $ 0.28
Cumulative effect of change in accounting principle 0.06 -
------ ------
$ 0.19 $ 0.28
====== ======
Diluted earnings per share:
Prior to cumulative effect of change in accounting
principle $ 0.12 $ 0.26
Cumulative effect of change in accounting principle 0.06 -
------ ------
$ 0.18 $ 0.26
====== ======
Weighted average shares used in computation of earnings
per share:
Basic 410 404
====== ======
Diluted 423 425
====== ======
(1) Includes stock-based compensation as follows:
Fulfillment $ 4 $ 1
Marketing 1 1
Technology and content 10 3
General and administrative 4 2
------ ------
$ 19 $ 7
====== ======
Note: The attached "Financial and Operational Summary" is an integral
part of the press release financial statements.
AMAZON.COM, INC.
Segment Information
(in millions)
(unaudited)
Three Months
Ended
March 31,
--------------
2005 2004
------ ------
North America
Net sales $1,027 $ 847
Cost of sales 748 621
------ ------
Gross profit 279 226
Direct segment operating expenses (1) 213 150
------ ------
Segment operating income 66 76
International
Net sales 875 683
Cost of sales 696 548
------ ------
Gross profit 179 135
Direct segment operating expenses (1) 117 94
------ ------
Segment operating income 62 41
Consolidated
Net sales 1,902 1,530
Cost of sales 1,444 1,169
------ ------
Gross profit 458 361
Direct segment operating expenses 330 244
------ ------
Segment operating income 128 117
Stock-based compensation (19) (7)
Other operating expense (1) -
------ ------
Income from operations 108 110
Total non-operating income (expense), net - (1)
Provision for income taxes (56) 2
Cumulative effect of change in accounting principle 26 -
------ ------
Net income $ 78 $ 111
====== ======
Segment Highlights:
Y/Y net sales growth:
North America 21% 20%
International 28 80
Consolidated 24 41
Y/Y gross profit growth:
North America 23% 21%
International 33 61
Consolidated 27 33
Y/Y segment operating income growth:
North America (13%) 46%
International 51 163
Consolidated 10 73
Net sales mix:
North America 54% 55%
International 46 45
(1) A significant majority of our costs for "Technology and content"
are incurred in the United States and most of these costs are
allocated to our North America segment.
Note: The attached "Financial and Operational Summary" is an integral
part of the press release financial statements.
AMAZON.COM, INC.
Supplemental Net Sales Information
(in millions)
(unaudited)
Three Months Ended
March 31,
---------------------
2005 2004
--------- ---------
North America
Media $ 699 $ 599
Electronics and other general merchandise 282 224
Other 46 24
--------- ---------
1,027 847
International
Media 675 576
Electronics and other general merchandise 199 107
Other 1 -
--------- ---------
875 683
Consolidated
Media 1,374 1,175
Electronics and other general merchandise 481 331
Other 47 24
--------- ---------
$ 1,902 $ 1,530
========= =========
Y/Y Net Sales Growth:
North America:
Media 17% 16%
Electronics and other general merchandise 25 33
Other 96 23
International:
Media 17% 62%
Electronics and other general merchandise 86 368
Other 74 65
Consolidated:
Media 17% 35%
Electronics and other general merchandise 45 74
Other 95 23
Consolidated Net Sales Mix:
Media 72% 77%
Electronics and other general merchandise 25 22
Other 3 1
Note: The attached "Financial and Operational Summary" is an
integral part of the press release financial statements.
AMAZON.COM, INC.
Consolidated Balance Sheets
(in millions, except per share data)
March 31, December 31, March 31,
2005 2004 2004
--------- -------- -----------
ASSETS (unaudited) (unaudited)
Current assets:
Cash and cash equivalents $ 533 $ 1,303 $ 769
Marketable securities 618 476 229
--------- -------- -----------
Cash, cash equivalents, and
marketable securities 1,151 1,779 998
Inventories 403 480 282
Deferred tax assets, current
portion 68 81 1
Accounts receivable, net and
other current assets 171 199 125
--------- -------- -----------
Total current assets 1,793 2,539 1,406
Fixed assets, net 245 246 218
Deferred tax assets, long-term
portion 239 282 7
Goodwill 149 139 69
Other assets 46 42 39
--------- -------- -----------
Total assets $ 2,472 $ 3,248 $ 1,739
========= ======== ===========
LIABILITIES AND STOCKHOLDERS'
DEFICIT
Current liabilities:
Accounts payable $ 704 $ 1,142 $ 568
Accrued expenses and other
current liabilities 309 361 245
Unearned revenue 45 41 37
Interest payable 13 74 14
Current portion of long-term debt
and other 2 2 2
--------- -------- -----------
Total current liabilities 1,073 1,620 866
Long-term debt and other 1,561 1,855 1,778
Commitments and contingencies
Stockholders' deficit:
Preferred stock, $0.01 par value:
Authorized shares -- 500
Issued and outstanding shares
-- none - - -
Common stock, $0.01 par value:
Authorized shares -- 5,000
Issued and outstanding shares
-- 411, 410 and 405 shares 4 4 4
Additional paid-in capital 2,118 2,123 1,921
Accumulated other comprehensive
income 24 32 33
Accumulated deficit (2,308) (2,386) (2,863)
--------- -------- -----------
Total stockholders' deficit (162) (227) (905)
--------- -------- -----------
Total liabilities and
stockholders' deficit $ 2,472 $ 3,248 $ 1,739
========= ======== ===========
Note: The attached "Financial and Operational Summary" is an integral
part of the press release financial statements.
AMAZON.COM, INC.
Supplemental Financial Information and Business Metrics
(in millions, except per share data)
(unaudited)
----------------------------------------------------------------------
Y/Y %
Q1 2004 Q2 2004 Q3 2004 Q4 2004 Q1 2005 Change
------------------------------------------------------
Cash Flows and
Shares
Operating cash
flow --
trailing twelve
months (TTM) $393 $410 $490 $567 $523 33%
Purchase of
fixed assets
(incl.
internal-use
software &
website
development) --
TTM $49 $56 $70 $89 $106 116%
Free cash flow
(operating cash
flow less
purchases of
fixed assets)
-- TTM $344 $354 $420 $477 $417 21%
Common shares
and stock-based
awards
outstanding 432 434 434 434 434 less than 1%
Common shares
outstanding 405 407 407 410 411 1%
Stock-based
awards
outstanding 27 27 27 25 24 (14%)
Stock-based
awards
outstanding --
% of common
shares
outstanding 6.8% 6.7% 6.6% 6.0% 5.7% N/A
Results of
Operations
Worldwide (WW)
net sales $1,530 $1,387 $1,462 $2,541 $1,902 24%
WW net sales --
Y/Y growth,
excluding the
effect of
foreign
exchange rates 33.2% 21.9% 23.9% 26.2% 22.3% N/A
WW net sales --
TTM $5,710 $5,998 $6,326 $6,921 $7,292 28%
Gross profit $361 $341 $356 $544 $458 27%
Gross margin --
% of WW net
sales 23.6% 24.6% 24.3% 21.4% 24.1% N/A
Gross profit --
TTM $1,347 $1,415 $1,484 $1,602 $1,700 26%
Gross margin --
TTM % of WW net
sales 23.6% 23.6% 23.5% 23.1% 23.3% N/A
Fulfillment
costs,
excluding
stock-based
compensation --
% of WW net
sales 8.3% 8.8% 9.3% 8.0% 8.6% N/A
Fulfillment
costs,
excluding
stock-based
compensation --
TTM % of WW net
sales 8.8% 8.6% 8.6% 8.5% 8.6% N/A
Operating income $110 $86 $81 $162 $108 (2%)
Operating margin
-- % of WW net
sales 7.2% 6.2% 5.6% 6.4% 5.7% N/A
Operating income
-- TTM $342 $386 $416 $440 $438 28%
Operating margin
-- TTM % of WW
net sales 6.0% 6.4% 6.6% 6.4% 6.0% N/A
Net income (a) $111 $76 $54 $347 $78 (30%)
Net income per
diluted share
(a) $0.26 $0.18 $0.13 $0.82 $0.18 (29%)
Net income --
TTM (a) $157 $276 $315 $588 $555 255%
Net income per
diluted share
-- TTM (a) $0.37 $0.65 $0.74 $1.39 $1.31 253%
Segments
North America
segment:
Net sales $847 $792 $816 $1,392 $1,027 21%
Net sales --
Y/Y growth,
excluding the
effect of
foreign
exchange
rates 19.9% 12.7% 15.0% 21.8% 21.1% N/A
Net sales --
TTM $3,401 $3,490 $3,597 $3,847 $4,027 18%
Gross profit $226 $220 $223 $355 $279 23%
Gross margin
-- % of North
America net
sales 26.7% 27.7% 27.4% 25.5% 27.2% N/A
Gross profit
-- TTM $906 $935 $958 $1,024 $1,077 19%
Gross margin
-- TTM % of
North America
net sales 26.6% 26.8% 26.6% 26.6% 26.7% N/A
Operating
income $76 $66 $57 $122 $66 (13%)
Operating
margin -- %
of North
America net
sales 8.9% 8.3% 7.0% 8.8% 6.4% N/A
Operating
income -- TTM $307 $318 $313 $321 $311 1%
Operating
margin -- TTM
% of North
America net
sales 9.0% 9.1% 8.7% 8.3% 7.7% N/A
International
segment:
Net sales $683 $595 $646 $1,149 $875 28%
Net sales --
Y/Y growth,
excluding the
effect of
foreign
exchange
rates 57.9% 38.1% 38.9% 32.5% 23.8% N/A
Net sales --
TTM $2,310 $2,508 $2,729 $3,074 $3,265 41%
Net sales --
TTM % of WW
net sales 40.5% 41.8% 43.1% 44.4% 44.8% N/A
Gross profit $135 $121 $132 $190 $179 33%
Gross margin
-- % of
International
net sales 19.8% 20.4% 20.5% 16.5% 20.5% N/A
Gross profit
-- TTM $442 $479 $527 $578 $623 41%
Gross margin
-- TTM % of
International
net sales 19.1% 19.1% 19.3% 18.8% 19.1% N/A
Operating
income $41 $35 $38 $55 $62 51%
Operating
margin -- %
of
International
net sales 6.1% 5.9% 5.8% 4.8% 7.2% N/A
Operating
income -- TTM $104 $126 $153 $169 $190 83%
Operating
margin -- TTM
% of
International
net sales 4.5% 5.0% 5.6% 5.5% 5.8% N/A
----------------------------------------------------------------------
Note: The attached "Financial and Operational Summary" is an integral
part of this Supplemental Financial Information and Business Metrics.
(a) Q4 2004 net income includes a $244 million benefit from realizing
a deferred tax asset related primarily to net operating loss
carryforwards attributable to continuing operations; Q1 2005 net
income includes a $56 million tax expense primarily due to taxable
income resulting from the transfer of certain assets from U.S. to
international locations.
AMAZON.COM, INC.
Supplemental Financial Information and Business Metrics
(in millions, except inventory turnover, accounts payable days, and
employee data)
(unaudited)
----------------------------------------------------------------------
Y/Y %
Q1 2004 Q2 2004 Q3 2004 Q4 2004 Q1 2005 Change
-------------------------------------------------
Segments (continued)
Consolidated
segments:
Operating expenses $244 $240 $261 $367 $330 35%
Operating expenses
-- TTM $937 $970 $1,019 $1,112 $1,198 28%
Operating income $117 $101 $95 $177 $128 10%
Operating margin --
% of consolidated
sales 7.6% 7.3% 6.5% 7.0% 6.8% N/A
Operating income --
TTM $411 $444 $466 $490 $502 22%
Operating margin --
TTM % of
consolidated net
sales 7.2% 7.4% 7.4% 7.1% 6.9% N/A
Supplemental North
America Segment Net
Sales:
Media $599 $542 $564 $885 $699 17%
Media -- TTM $2,351 $2,394 $2,455 $2,589 $2,690 14%
Electronics and
other general
merchandise $224 $226 $229 $449 $282 25%
Electronics and
other general
merchandise -- TTM $935 $983 $1,031 $1,128 $1,185 27%
Electronics and
other general
merchandise -- TTM
% of North America
net sales 27% 28% 29% 29% 29% N/A
Other $24 $25 $24 $58 $46 96%
Other -- TTM $115 $113 $111 $130 $153 33%
Supplemental
International
Segment Net Sales:
Media $576 $496 $530 $911 $675 17%
Media -- TTM $2,000 $2,129 $2,285 $2,513 $2,612 31%
Electronics and
other general
merchandise $107 $99 $116 $237 $199 86%
Electronics and
other general
merchandise -- TTM $309 $377 $442 $558 $651 111%
Electronics and
other general
merchandise -- TTM
% of International
net sales 13% 15% 16% 18% 20% N/A
Other $0 $1 $0 $1 $1 74%
Other -- TTM $1 $2 $2 $2 $3 96%
Supplemental
Worldwide Net Sales:
Media $1,175 $1,037 $1,094 $1,796 $1,374 17%
Media -- TTM $4,351 $4,523 $4,740 $5,102 $5,302 22%
Electronics and
other general
merchandise $331 $325 $344 $686 $481 45%
Electronics and
other general
merchandise -- TTM $1,244 $1,360 $1,474 $1,686 $1,835 48%
Electronics and
other general
merchandise -- TTM
% of WW net sales 22% 23% 23% 24% 25% N/A
Other $24 $25 $24 $59 $47 95%
Other -- TTM $116 $115 $113 $133 $156 34%
Balance Sheet
Cash and marketable
securities $998 $1,151 $1,185 $1,779 $1,151 15%
Inventory, net --
ending $282 $284 $357 $480 $403 43%
Inventory -- average
inventory % of TTM
net sales 4.1% 4.3% 4.6% 4.9% 5.0% N/A
Inventory turnover,
average -- TTM 18.7 17.9 16.6 15.7 15.5 (17%)
Fixed assets, net $218 $216 $227 $246 $245 13%
Accounts payable days
-- ending 44 51 57 53 44 (1%)
Other
Employees (full-time
and part-time;
excludes contractors
& temporary
personnel) 8,100 8,200 8,800 9,000 9,400 16%
----------------------------------------------------------------------
Note: The attached "Financial and Operational Summary" is an integral
part of this Supplemental Financial Information and Business Metrics.
Amazon.com, Inc.Financial and Operational Summary(unaudited)
Quarterly Results of Operations (comparisons are with the equivalent period of the prior year, unless otherwise stated)
Net Sales
Shipping revenue, which excludes amounts earned from third-party sellers where we don't provide fulfillment services, was $108 million, up 15% from $94 million.
Amounts paid in advance for subscription services, including amounts received from online DVD rentals, Amazon Prime, and other membership programs, are deferred and recognized as revenue over the subscription terms.
Amounts earned from third-party sales on our websites are recorded as net amounts.
Cost of Sales
Cost of sales consists of the purchase price of products sold by us, inbound and outbound shipping charges, packaging supplies, and costs incurred in operating and staffing our fulfillment and customer service centers on behalf of other businesses, such as Toysrus.com and Target.com.
Outbound shipping-related costs totaled $163 million, up 19% from $137 million. Net shipping loss was $55 million, up 29% from a net loss of $43 million, resulting primarily from our free shipping offers and Amazon Prime.
Operating Expenses
Depreciation and amortization of fixed assets was $22 million, up from $17 million and is classified within the corresponding operating expense categories.
As previously announced, we chose to early adopt SFAS 123(R), the new accounting rules on stock-based compensation, effective January 1, 2005. Stock-based compensation increased $12 million to $19 million, including the $14 million impact from our early adoption of SFAS 123(R). Stock-based compensation would have been $5 million under our prior accounting method, down $2 million versus first quarter 2004.
In accordance with SAB 107, issued March 2005, we present stock-based compensation within the same operating expense line items as cash compensation.
Operating expenses with and without stock-based compensation are as follows:
Q1 2005 Q1 2004
------------------------- -------------------------
As Stock- As Stock-
Reported Based Net Reported Based Net
Compen- Compen-
sation sation
-------- ------- ------- -------- ------- -------
Operating
Expenses (in
millions):
Fulfillment $ 166.6 $ (3.6) $163.0 $ 128.7 $ (1.0) $127.7
Marketing 44.6 (1.5) 43.1 34.2 (0.6) 33.6
Technology and
content 91.8 (9.8) 82.0 58.4 (3.3) 55.1
General and
administrative 46.4 (4.6) 41.8 29.6 (2.2) 27.4
Other operating
expense
(income) 1.3 - 1.3 (0.5) - (0.5)
------- ------ ------ ------- ------ ------
Total operating
expenses $ 350.7 $(19.5) $331.2 $ 250.4 $ (7.1) $243.3
======= ====== ====== ======= ====== ======
Year-over-year
Percentage
Growth:
Fulfillment 29.4 % 27.6 % 16.3 % 23.1 %
Marketing 30.3 28.1 17.2 19.2
Technology and
content 57.3 49.0 (9.2) 10.0
General and
administrative 56.8 52.7 12.8 29.9
Percent of Net
Sales:
Fulfillment 8.8 % 8.6 % 8.4 % 8.3 %
Marketing 2.3 2.3 2.2 2.2
Technology and
content 4.8 4.3 3.8 3.6
General and
administrative 2.4 2.2 1.9 1.8
Fulfillment
Fulfillment costs include those costs incurred in operating and staffing our fulfillment and customer service centers, including costs attributable to buying, receiving, inspecting and warehousing inventories; credit card fees; and bad debt costs, including costs associated with our guarantee of certain third-party seller transactions. Fulfillment costs also include amounts paid to third parties, who assist us in fulfillment and customer service operations.
Credit card fees associated with third-party seller transactions are assessed on the gross purchase price of underlying transactions, and therefore represent a larger percentage of our recorded net revenue than credit card fees for our retail sales. Bad debt costs, including costs associated with our guarantee program, are also higher as a percentage of recorded net revenue versus our retail sales. Accordingly, these items negatively affect fulfillment costs as a percentage of net sales.
Fulfillment costs increased in absolute dollars and as a percentage of sales from the prior year due to variable costs corresponding with sales volume, our mix of product sales, credit card fees, and bad debt costs, including costs associated with our guarantee of certain third-party seller transactions. We expanded our fulfillment capacity in 2004 and plan to further expand our worldwide fulfillment capacity in 2005. We also recorded a charge of $5 million relating to certain North America fulfillment equipment removed from service in the first quarter which is classified as depreciation and amortization on our cash flow statement. We expect absolute amounts spent in fulfillment to increase over time.
Marketing
Marketing efforts include targeted online marketing channels, such as our Associates and Syndicated Stores programs, sponsored search, portal advertising, e-mail campaigns and other initiatives. Our marketing expenses are largely variable, based on growth in sales and changes in rates. To the extent there is increased or decreased competition for these traffic sources, or to the extent our mix of these channels shifts, we would expect to see a corresponding change in our marketing expense. While costs associated with free shipping are not included in marketing expense, we view our free-shipping offers as an effective worldwide marketing tool and intend to continue offering them indefinitely. We expect absolute amounts spent in marketing to increase over time.
Technology and Content
Technology and content expenses consist principally of payroll and related expenses for employees involved in development of our websites, including application development, editorial content, merchandising selection and systems and telecommunications support; costs associated with the systems and telecommunications infrastructure; and costs of acquired content.
Our spending in technology and content has increased as we are adding computer scientists and software engineers to continue to enhance the customer experience on our websites and those websites powered by us, and to improve our process efficiency. Additionally, we continue to invest in several areas of technology, including seller platforms, A9.com, web services, additional development centers and digital initiatives. We intend to continue investing in areas of technology and other initiatives and expect absolute dollars spent in technology and content to increase over time as we continue to add computer scientists and software engineers to our staff.
A significant majority of these technology costs are incurred in the U.S. and most of them are allocated to our North America segment.
We expense costs related to the development of internal-use software and website development other than those incurred during the application development stage. Costs incurred during the application development stage are capitalized and amortized over the two-year estimated useful life of the software. We capitalized $18 million of internal-use software costs, including $2 million associated with stock-based compensation, which is excluded from purchases of fixed assets on our consolidated statements of cash flows since it is stock based rather than cash; compared with $7 million a year ago. These amounts were partially offset by amortization of previously capitalized amounts of $10 million and $7 million.
General and Administrative
General and administrative costs increased due to an $8 million charge related to possible settlements of outstanding litigation, as well as due to increases in payroll and related costs, professional fees and legal costs. We expect absolute dollars spent in general and administrative to increase over time.
Stock-Based Compensation
Prior to January 1, 2005, we accounted for stock-based awards under the intrinsic value method which resulted in compensation expense for restricted stock and restricted stock units at grant date fair value based on the number of shares granted and the quoted price of our common stock, and for stock options to the extent option exercise prices were set below market prices on the date of grant. Also, stock options granted subsequent to December 31, 2002, and stock-based awards subject to an exchange offer, other modifications, or performance criteria, were subject to variable accounting treatment.
We early adopted SFAS No. 123(R) as of January 1, 2005, which requires measurement of compensation cost for stock-based awards at grant date fair value. The fair value of restricted stock and restricted stock units is determined based on the number of shares granted and the quoted price of our common stock, while the fair value of stock options is determined using a Black-Scholes valuation model. The fair value is recognized as an expense over the service period, net of estimated forfeitures, using the accelerated method under SFAS 123(R). Because we implemented SFAS 123(R), we no longer have stock awards subject to variable accounting treatment.
The requirement of SFAS 123(R) to estimate future forfeitures resulted in a cumulative benefit from accounting change of $26 million which reflects the net cumulative impact of estimating forfeitures in the determination of period expense, rather than recording forfeitures when they occur as previously permitted.
Prior to our adoption of SFAS 123(R), cash retained as a result of excess tax deductions relating to stock-based compensation was presented in operating cash flows, along with other tax cash flows. SFAS 123(R) requires that these excess tax benefits be presented as financing cash inflows. Tax benefits resulting from stock-based compensation deductions in excess of amounts reported for financial reporting purposes were $1 million in the first quarter.
Stock-based awards generally vest over service periods of between three and six years.
Stock-based compensation was $19 million for the first quarter, primarily consisting of $12 million in expense for restricted stock unit awards and $7 million for stock options, substantially all of which were granted prior to October 2002. Under our previous accounting method, our first quarter stock-based compensation would have been $5 million.
Payroll tax expense resulting from exercises of stock-based awards is a cash expense and is not categorized as stock-based compensation.
We granted stock awards, substantially all of which have been restricted stock units since October 2002, of 0.5 million during the first quarter at a per-share weighted average fair value of $39. Our annual stock awards are granted in the second quarter.
At March 31, 2005, there were 434 million common shares and stock-based awards outstanding, up from 432 million at March 31, 2004. This total includes all stock-based awards outstanding, without regard for estimated forfeitures, consisting of vested and unvested awards, and in-the-money and out-of-the-money stock options.
At March 31, 2005, there were 24 million stock awards outstanding, consisting of 17 million stock options with a $13 weighted average exercise price and 7 million restricted stock units. At March 31, 2004, there were 27 million stock awards outstanding.
Other Operating Expense (Income)
Included in "Other operating expense (income)" are restructuring-related expenses or credits and amortization of other intangibles.
Amortization of other intangibles was $1 million for first quarter 2005, and is expected to be $3 million for the remainder of 2005, $4 million in both 2006 and 2007, and $2 million in 2008, based on intangibles as of March 31, 2005.
We acquired certain companies in March 2005 for an aggregate cash purchase price of $18 million. The excess of purchase price over the fair value of the net assets acquired was $10 million and is classified as "Goodwill" on our consolidated balance sheets. Acquired other intangibles totaled $8 million and have estimated useful lives of between one and four years. The results of operations of each of the acquired businesses have been included in our consolidated results as of the closing date of acquisition. The effect of these acquisitions on consolidated net sales and operating income was not significant for the first quarter.
Operating Income
Our income from operations was $108 million, down from $110 million. This decrease is due to the $14 million impact resulting from our early adoption of SFAS 123(R), an $8 million charge related to possible settlements of outstanding litigation, and a $5 million loss for fulfillment assets removed from service during first quarter 2005. These items, and other operating expense increases, were partially offset by a 24% growth in net sales and a 27% increase in gross profit.
Other Income (Expense), Net
Other income of $3 million was primarily a foreign-currency gain on interest payable for our 6.875% PEACS.
Remeasurements and Other
Remeasurement of the principal amount of our 6.875% PEACS from Euros to U.S. Dollars resulted in a foreign-currency gain of $35 million, compared with a gain of $20 million.
Remeasurement of foreign-currency intercompany balances which are to be repaid amongst subsidiaries represented a $14 million loss, compared with a loss of $3 million.
Income Taxes and Deferred Tax Assets
Our first quarter 2005 effective tax rate was higher than the 35% statutory rate primarily due to taxable income associated with the first quarter 2005 transfer of certain assets from the U.S. to international locations. We expect these asset transfers to result in tax expense for financial reporting purposes above the statutory rate throughout 2005 and beneficially impact our effective tax rate over time. Since we have Net Operating Losses ("NOLs") for tax purposes, these asset transfers will not have a significant effect on cash taxes paid, which we expect to be approximately $25 million in 2005, compared with $4 million in 2004.
SFAS 109 requires that deferred tax assets be evaluated for future realization and reduced by a valuation allowance to the extent we believe a portion will not be realized. We consider many factors when assessing the likelihood of future realization of our deferred tax assets including our recent cumulative earnings experience by taxing jurisdiction, expectations of future taxable income, the carry-forward periods available to us for tax reporting purposes, and other relevant factors. Significant judgment is required in making this assessment, and it is very difficult to predict when, if ever, our assessment may conclude that the remaining portion of our deferred tax assets are realizable.
At March 31, 2005, approximately $760 million of our gross deferred tax assets were related to approximately $2.4 billion of NOLs, the majority of which expire after 2016. Our NOL deferred tax assets are reduced by a valuation allowance of approximately $510 million due to uncertainty about their future realization. The remainder of our deferred tax assets relate to temporary timing differences between tax and financial reporting.
Substantially all of the unrealized $510 million NOL deferred tax assets, if realized, would be credited to "Stockholders' equity" rather than results of operations for financial reporting purposes since they primarily relate to tax-deductible stock-based compensation in excess of amounts recognized for financial reporting purposes.
Classification of deferred tax assets between current and long-term asset categories is based on the expected timing of realization, and the valuation allowance is allocated ratably.
Net Income
We believe that our reported net income in first quarter 2005 should not be viewed, on its own, as a material positive event, and may not necessarily be predictive of our future results for a variety of reasons. For example, the remeasurement of our 6.875% PEACS and intercompany balances can result in significant gains and charges associated with the effect of movements in currency exchange rates. Accordingly, we encourage investors to evaluate the effect on our operating trends of these items since future changes in currency exchange rates may create significant variability in our future operating results.
Foreign Exchange
As our financial reporting currency is the U.S. Dollar, our total sales, profit, and operating and free cash flows have benefited significantly the past eleven quarters from weakness in the U.S. Dollar in comparison to the currencies of our international websites. We believe it is important to also evaluate our growth rates after the effect of currency changes.
The effect on our consolidated statements of operations from year-over-year changes in exchange rates versus the U.S. Dollar throughout the period is as follows:
Q1 2005 Q1 2004
---------------------------- ----------------------------
At Prior Exchange At Prior Exchange
Year Rate As Year Rate As
Rates (1) Effect Reported Rates (1) Effect Reported
(2) (2)
--------- -------- --------- --------- -------- ---------
(in millions, except per share amounts)
Net sales $1,871.4 $ 30.2 $1,901.6 $1,442.9 $ 87.4 $1,530.3
Gross profit 452.1 6.4 458.5 343.7 17.1 360.8
Operating
expenses 346.9 3.8 350.7 239.9 10.5 250.4
Operating
income 105.2 2.6 107.8 103.8 6.6 110.4
Net interest
expense and
other (17.6) 4.1 (13.5) (19.0) (2.4) (21.4)
Remeasure-
ments and
other (3) (5.9) 19.4 13.5 (0.1) 20.5 20.4
Income
before
income
taxes 81.8 26.0 107.8 84.8 24.6 109.4
Net income 65.7 12.5 78.2 86.5 24.6 111.1
Diluted
earnings
per share $ 0.15 $ 0.03 $ 0.18 $ 0.20 $ 0.06 $ 0.26
(1) Represents the outcome that would have resulted had currency
exchange rates in the current period been the same as those in
effect in the comparable prior year period.
(2) Represents the increase (decrease) in reported amounts
resulting from changes in exchange rates from those in effect
in the comparable prior year period.
(3) Includes foreign-currency gains (losses) on remeasurement of
6.875% PEACS and intercompany balances, and realized
currency-related gains associated with sales of
Euro-denominated investments held by a U.S. subsidiary.
Cash Flows and Balance Sheet
Operating cash flows and free cash flows can be volatile and are sensitive to many factors, including changes in working capital. Working capital at any specific point in time is subject to many variables, including world events, seasonality, the timing of expense payments, discounts offered by vendors, vendor payment terms, and fluctuations in foreign exchange rates.
Our cash, cash equivalents, and marketable securities of $1.15 billion, at fair value, primarily consist of cash, commercial paper and short-term securities, asset-backed and agency securities, corporate notes and bonds and U.S. Treasury notes and bonds. Included are amounts held in foreign currencies of $605 million, primarily in Euros, British Pounds, and Yen.
We have pledged $78 million of our marketable securities as collateral primarily for standby letters of credit and property leases, compared with $86 million as of March 31, 2004.
"Accounts receivable, net and other current assets" includes accounts receivable from merchant partners, vendors and credit card companies, interest receivables and $16 million of prepaid expenses.
"Other assets" includes, among other things, $15 million of deferred issuance costs on long-term debt, $14 million of certain equity investments and $13 million of other intangibles, net.
"Unearned revenue" is recorded when payments are received from third parties in advance of our providing the associated service.
Amounts related to restructuring-related leases and other commitments due within twelve months are $4 million and are included in "Accrued expenses and other current liabilities," and the remaining $8 million is included in "Long-term debt and other" on our balance sheet. These amounts are net of anticipated sublease income of $19 million (we have signed sublease agreements for $12 million).
"Accrued expenses and other current liabilities" includes, among other things, liabilities for gift certificates, marketing activities, and workforce costs, including accrued payroll, vacation, and other benefits.
"Long-term debt and other" primarily includes the following (in millions):
Principal Interest Principal
at Maturity Rate Due Date
-------------- --------- -------------
Convertible Subordinated Notes $ 900 (1) 4.750% February 2009
Premium Adjustable Convertible
Securities ("PEACS") 635 (2)(3) 6.875% February 2010
-------------
$ 1,535 (4)
=============
Convertible at the holders' option into our common stock at $78.0275 per share. We have the right to redeem the Convertible Subordinated Notes, in whole or in part, at a redemption price of 101.9% of the principal, which decreases every February 1st by 47.5 basis points until maturity, plus any accrued and unpaid interest.
In March 2005, we redeemed an aggregate principal amount of $265 million, using funds held in a European currency, of our PEACS under our January 2004 debt repurchase authorization. No redemption premium was required. We recorded a charge of $4 million, classified in "Remeasurements and other," consisting of $2 million in unamortized debt issuance costs and $2 million relating to unrealized losses from our currency swap which was terminated in 2003. Accrued and unpaid interest of $1 million was paid at redemption.
EUR 490 million principal amount, convertible at the holders' option into our common stock at EUR 84.883 per share ($110.05 per share based on the U.S. Dollars per Euro exchange rate as of March 31, 2005). We have the right to redeem the PEACS, in whole or in part, by paying the principal amount, plus any accrued and unpaid interest. We do not hedge any portion of the PEACS. The U.S. Dollar equivalent principal, interest, and conversion price fluctuates based on the Euro/U.S. Dollar exchange ratio. Due to fluctuations in this exchange ratio, our principal debt obligation since issuance in February 2000 has increased by $152 million as of March 31, 2005.
The "if converted" number of shares associated with our convertible debt instruments (approximately 17 million total shares) are excluded from diluted shares as their effect is antidilutive.
Legal Proceedings
We previously reported class action complaints filed in 2001 by holders of our equity and debt securities alleging violations of the Securities Act of 1933 (the "1933 Act") and the Securities Exchange Act of 1934 (the "1934 Act"). We recently signed a Stipulation of Settlement with respect to the 1934 Act claims and agreed in principle to settle the 1933 Act claims. If finalized and approved by the Court, these settlements would dispose of all claims asserted in these lawsuits in exchange for payments totaling $47.5 million, substantially all of which we expect to be funded by our insurers.Certain Definitions and Other
We present segment information along two lines: North America and International. We measure operating results of our segments using an internal performance measure of direct segment operating expenses that excludes stock-based compensation and other operating expenses (income), each of which is not allocated to segment results. Other centrally incurred operating costs are fully allocated to segment results. Our operating results, particularly for the International segment, are affected by movements in foreign exchange rates.
The North America segment consists of amounts earned from retail sales of consumer products (including from third-party sellers) through www.amazon.com and www.amazon.ca; from North America focused Syndicated Stores, such as www.cdnow.com; from our mail-order tool catalog phone orders; from our Amazon Prime membership program; and from non-retail activities such as North America-focused Merchant.com, marketing, and promotional agreements. This segment includes export sales from www.amazon.com and www.amazon.ca.
The International segment consists of amounts earned from retail sales of consumer products (including from third-party sellers) through www.amazon.co.uk , www.amazon.de, www.amazon.co.jp, www.amazon.fr, and since September 2004, www.joyo.com; from internationally focused Syndicated Stores; from our DVD rental service in the U.K.; and from non-retail activities such as internationally focused marketing and promotional agreements. This segment includes export sales from these internationally based sites (including export sales from these sites to customers in the U.S. and Canada), but excludes export sales from www.amazon.com and www.amazon.ca.
We provide supplemental sales information within each segment for three categories: "Media," "Electronics and other general merchandise," and "Other." Media consists of amounts earned from DVD rental and retail sales from all sellers of books, music, DVD/video, magazine subscriptions, software, video games, and video game consoles. Electronics and other general merchandise consists of amounts earned from retail sales from all sellers of items not included in Media, such as electronics and office, camera and photo, toys and baby, tools, home and garden, apparel, sports and outdoors, kitchen and housewares, gourmet food, jewelry, health and personal care, beauty, and musical instruments. The Other category consists of non-retail activities, such as the Merchant.com program and miscellaneous marketing and promotional activities, such as our co-branded credit card program.
Operating cycle is number of days of sales in inventory plus number of days of sales in accounts receivable minus accounts payable days. Inventory days are calculated as the quotient of inventory to cost of sales, multiplied by the number of days in the period. Accounts payable days are calculated as the quotient of accounts payable to cost of sales, multiplied by the number of days in the period. Inventory turns are calculated as the quotient of cost of sales to average inventory over five quarters.
References to customers mean customer accounts, which are unique e-mail addresses, established either when a customer's initial order is shipped or when a customer orders from certain third-party sellers on our websites. Customer accounts include customers of Amazon Marketplace, Auctions and zShops, and our Merchants@, Syndicated Stores programs, but exclude DVD rental customers, customers associated with certain of our acquisitions (including Joyo.com customers), Merchant.com program customers, Amazon.com Payments customers, our catalog customers, and the customers of select companies with whom we have a technology alliance or marketing and promotional relationship. A customer is considered active when they have placed an order during the preceding twelve-month period.
References to sellers or merchants mean active seller accounts, which are established when a seller receives an order from a customer account. Seller accounts include sellers in Amazon Marketplace, Auctions, zShops, and Merchants@ platforms, but exclude Merchant.com sellers. A seller is considered active when they have received an order during the preceding twelve-month period.
References to units mean units sold (net of returns and cancellations) by us and third-party sellers at Amazon.com domains worldwide -- such as www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.co.jp, www.amazon.fr, and www.amazon.ca -- and at Syndicated Stores domains, as well as Amazon.com-owned items sold through catalogs and at non-Amazon.com domains, such as books, music, and DVD/video items ordered from Amazon.com's store at www.target.com. Units sold do not include units associated with certain of our acquisitions (including Joyo.com units), Amazon.com gift certificates or DVD rentals.
CONTACT: Amazon.com, Inc.Tim Stone, 206-266-2171 (Investor Relations)ir@amazon.comwww.amazon.com/irorPatty Smith, 206-266-7180 (Public Relations)SOURCE: Amazon.com, Inc. | <p>Adobe® Acrobat® Reader® required to view pdf files. To download a free a copy, click here.To save pdf files, please click on diskette icon on the Adobe® Acrobat® Reader® nav bar.</p><p>SEATTLE--(BUSINESS WIRE)--April 26, 2005--Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its first quarter ended March 31, 2005.</p><p>Operating cash flow grew 33% to $523 million for the trailing twelve months, compared with $393 million for the trailing twelve months ended March 31, 2004. Free cash flow grew 21% to $417 million for the trailing twelve months, compared with $344 million for the trailing twelve months ended March 31, 2004.</p><p>Common shares outstanding plus shares underlying stock-based awards outstanding totaled 434 million at March 31, 2005, compared with 432 million a year ago.</p><p>Net sales increased 24% to $1.90 billion in the first quarter, compared with $1.53 billion in first quarter 2004. Excluding the $30 million benefit from year-over-year changes in foreign exchange rates throughout the quarter, net sales grew 22% compared with first quarter 2004.</p><p>Operating income declined 2% to $108 million in the first quarter, compared with $110 million in first quarter 2004. As previously announced, the Company chose to adopt SFAS 123(R), the new accounting rules on stock-based compensation, earlier than required, effective January 1, 2005. Excluding the $14 million impact due to this adoption, operating income would have grown 10% to $122 million. Operating income benefited by $3 million from year-over-year changes in foreign exchange rates throughout the quarter.</p><p>Net income was $78 million in the first quarter, or $0.18 per diluted share, compared with net income of $111 million, or $0.26 per diluted share, in first quarter 2004. Net income for the first quarter includes $56 million in income tax expense, compared with a $2 million income tax benefit in first quarter 2004. First quarter also includes a $26 million gain for the cumulative effect of a change in accounting principle related to the Company's early adoption of SFAS 123(R).</p><p>"We're seeing especially heavy use of Amazon Prime in Electronics, Tools, Kitchen, and Health & Personal Care," said Jeff Bezos, founder and CEO of Amazon.com. "For $79 a year, Amazon Prime members get 'all-you-can-eat' free express shipping. Getting your items right away changes the way you use and think about Amazon.com."</p><p>Amazon Prime, Amazon.com's first-ever membership program, was introduced February 2005. For a flat membership fee of $79 per year, Amazon Prime members get unlimited, express two-day shipping for free, with no minimum purchase requirement on over a million eligible items sold by Amazon.com. Members can order as late as 6:30 p.m. ET and still get their order the next day for only $3.99 per item, and can share the benefits of Amazon Prime with up to four family members living in their household.</p><p>Highlights</p><ul><li>North America segment sales, representing the Company's U.S. and Canadian sites, were $1.03 billion, up 21% from first quarter 2004. Segment operating income decreased 13% to $66 million in first quarter 2005 from $76 million in first quarter 2004.</li><li>North America Media growth was 17% in the first quarter, compared with 16% in first quarter 2004.</li><li>International segment sales, representing the Company's U.K., German, French, Japanese and Chinese sites, were $875 million, up 28% compared with first quarter 2004. Excluding the benefit from year-over-year changes in foreign exchange rates throughout the quarter, net sales growth was 24%. Segment operating income increased 51% to $62 million from $41 million in first quarter 2004.</li><li>On a trailing twelve month basis, International segment sales accounted for 45% of worldwide net sales, up from 40% for the trailing twelve months ended March 31, 2004.</li><li>Worldwide Electronics & other general merchandise sales grew 45% to $481 million, and represented 25% of net sales, compared with 22% for first quarter 2004.</li><li>The Company has received 700,000 pre-orders for Harry Potter and the Half Blood Prince, the sixth book in J.K. Rowling's epic Harry Potter series. Amazon.com is offering its U.S. customers guaranteed delivery of the book on the release date, Saturday, July 16, 2005, for the same price as standard shipping, with free delivery for Amazon Prime members.</li><li>Amazon Services Europe and leading U.K. retailer Marks & Spencer announced an agreement for Amazon to host and provide the technology behind the Marks & Spencer branded website and its in-store and telephone ordering and customer services systems.</li><li>A9.com, a subsidiary of Amazon.com, launched A9.com OpenSearch, a collection of technologies built on top of popular open standards to allow content providers to publish their search results in a format suitable for syndication. OpenSearch enables content providers' results to be displayed anywhere, anytime. Any site that has content -- and a search box--can choose to return results on A9.com using OpenSearch RSS. Customers can now view search results from The New York Times, Flickr, Wikipedia and over 150 other content providers at www.a9.com.</li></ul><p>Financial Guidance</p><p>The following forward-looking statements reflect Amazon.com's expectations as of April 26, 2005. Results may be materially affected by many factors, such as fluctuations in foreign exchange rates, changes in global economic conditions and consumer spending, world events, the rate of growth of the Internet and online commerce, and the various factors detailed below.</p><ul><li>Second Quarter 2005 Guidance</li><li>Net sales are expected to be between $1.675 billion and $1.825 billion, or grow between 21% and 32%, compared with second quarter 2004.</li><li>Operating income is expected to be between $50 million and $80 million, or decline between (42%) and (7%), compared with second quarter 2004. This guidance includes stock-based compensation of $35 million, including the impact from the Company's January 1, 2005 early adoption of SFAS 123(R), and assumes, among other things, that no additional intangible assets are recorded and that there are no further revisions to restructuring-related estimates.Full Year 2005 Expectations</li><li>Net sales are expected to be between $8.175 billion and $8.675 billion, or grow between 18% and 25%, compared with 2004.</li><li>Operating income is expected to be between $395 million and $510 million, or between (10%) and 16% growth, compared with 2004. This expectation includes stock-based compensation of $115 million, including the impact from the Company's January 1, 2005 early adoption of SFAS 123(R), and assumes, among other things, that no additional intangible assets are recorded and that there are no further revisions to restructuring-related estimates.</li></ul><p>A conference call will be webcast live today at 2 p.m. PT/5 p.m. ET, and will be available for at least three months at www.amazon.com/ir. This call will contain forward-looking statements and other material information regarding the Company's financial and operating results.</p><p>These forward-looking statements are inherently difficult to predict. Actual results could differ materially for a variety of reasons, including, in addition to the factors discussed above, the amount that Amazon.com invests in new business opportunities and the timing of those investments, the mix of products sold to customers, the mix of net sales derived from products as compared with services, competition, management of growth, potential fluctuations in operating results, international growth and expansion, the outcomes of legal proceedings and claims, fulfillment center optimization, risks of inventory management, seasonality, the degree to which the Company enters into, maintains and develops commercial agreements, acquisitions and strategic transactions, and risks of fulfillment throughput and productivity. Other risks and uncertainties include, among others, risk of future losses, significant indebtedness, system interruptions, consumer trends, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>Financial Measure</p><p>The following measure is defined by the Securities and Exchange Commission as a non-GAAP financial measure.</p><p>Free Cash Flow</p><p>Operating cash flow is net cash provided by (used in) operating activities, including cash outflows for interest and excluding proceeds from the exercise of stock-based employee awards. Free cash flow is operating cash flow less cash outflows for purchases of fixed assets, including internal-use software and website development. A tabular reconciliation of differences from the comparable GAAP measure -- operating cash flow -- is included in the attached "Supplemental Financial Information and Business Metrics."</p><p>About Amazon.com</p><p>Amazon.com (NASDAQ: AMZN), a Fortune 500 company based in Seattle, opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer customers the lowest possible prices. Amazon.com and third-party sellers offer millions of unique new, refurbished, and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven retail websites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.co.jp, www.amazon.fr, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc. and its subsidiaries, unless the context indicates otherwise.</p><pre> AMAZON.COM, INC. Consolidated Statements of Cash Flows (in millions) (unaudited) Three Months Twelve Months Ended Ended March 31, March 31, --------------- --------------- 2005 2004 2005 2004 ------- ------ -------- ------CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD $1,303 $1,102 $ 769 $ 496OPERATING ACTIVITIES:Net income 78 111 555 157Adjustments to reconcile net income to net cash provided by (used in) operating activities: Depreciation of fixed assets, including internal-use software and website development, and other amortization 28 18 86 73 Stock-based compensation 19 7 70 68 Other operating expense (income) 1 - (7) 1 Losses (gains) on sales of marketable securities, net - (1) 1 (7) Remeasurements and other (14) (20) 8 88 Non-cash interest expense and other 1 1 5 6 Deferred income taxes 50 (7) (200) (6) Cumulative effect of change in accounting principle (26) - (26) -Changes in operating assets and liabilities: Inventories 72 13 (110) (94) Accounts receivable, net and other current assets 10 14 (6) (12) Accounts payable (425) (256) 117 138 Accrued expenses and other current liabilities (31) (71) 24 (11) Additions to unearned revenue 29 23 115 102 Amortization of previously unearned revenue (25) (24) (107) (108) Interest payable (61) (58) (2) (2) ------ ------ ------- ------ Net cash provided by (used in) operating activities (294) (250) 523 393INVESTING ACTIVITIES:Purchases of fixed assets, including internal-use software and website development (26) (9) (106) (49)Sales and maturities of marketable securities and other investments 348 570 1,205 1,174Purchases of marketable securities (504) (505) (1,583) (807)Proceeds from sale of subsidiary - - - 5Acquisitions, net of cash acquired (15) - (86) - ------ ------ ------- ------ Net cash provided by (used in) investing activities (197) 56 (570) 323FINANCING ACTIVITIES:Proceeds from exercises of stock options and other 9 15 55 140Repayments of long-term debt and capital lease obligations (265) (156) (267) (648) ------ ------ ------- ------ Net cash used in financing activities (256) (141) (212) (508)Foreign-currency effect on cash and cash equivalents (23) 2 23 65 ------ ------ ------- ------Net increase (decrease) in cash and cash equivalents (770) (333) (236) 273 ------ ------ ------- ------CASH AND CASH EQUIVALENTS, END OF PERIOD $ 533 $ 769 $ 533 $ 769 ====== ====== ======= ======SUPPLEMENTAL CASH FLOW INFORMATION:Fixed assets acquired under capital leases and other financing arrangements $ - $ 1 $ 1 $ 3Cash paid for interest 84 86 106 122Cash paid for income taxes 3 - 7 2Note: The attached "Financial and Operational Summary" is anintegral part of the press release financial statements. AMAZON.COM, INC. Consolidated Statements of Operations (in millions, except per share data) (unaudited) Three Months Ended March 31, --------------- 2005 2004 ------- ------Net sales $1,902 $1,530Cost of sales 1,444 1,169 ------ ------Gross profit 458 361Operating expenses (1): Fulfillment 166 129 Marketing 45 34 Technology and content 92 58 General and administrative 46 30 Other operating expense 1 - ------ ------ Total operating expenses 350 251 ------ ------Income from operations 108 110Interest income 9 6Interest expense (26) (28)Other income, net 3 1Remeasurements and other 14 20 ------ ------ Total non-operating income (expense) - (1) ------ ------Income before income taxes 108 109Provision (benefit) for income taxes 56 (2) ------ ------Income before cumulative effect of change in accounting principle 52 111Cumulative effect of change in accounting principle 26 - ------ ------Net income $ 78 $ 111 ====== ======Basic earnings per share: Prior to cumulative effect of change in accounting principle $ 0.13 $ 0.28 Cumulative effect of change in accounting principle 0.06 - ------ ------ $ 0.19 $ 0.28 ====== ======Diluted earnings per share: Prior to cumulative effect of change in accounting principle $ 0.12 $ 0.26 Cumulative effect of change in accounting principle 0.06 - ------ ------ $ 0.18 $ 0.26 ====== ======Weighted average shares used in computation of earnings per share: Basic 410 404 ====== ====== Diluted 423 425 ====== ======(1) Includes stock-based compensation as follows: Fulfillment $ 4 $ 1 Marketing 1 1 Technology and content 10 3 General and administrative 4 2 ------ ------ $ 19 $ 7 ====== ======Note: The attached "Financial and Operational Summary" is an integral part of the press release financial statements. AMAZON.COM, INC. Segment Information (in millions) (unaudited) Three Months Ended March 31, -------------- 2005 2004 ------ ------North America Net sales $1,027 $ 847 Cost of sales 748 621 ------ ------ Gross profit 279 226 Direct segment operating expenses (1) 213 150 ------ ------ Segment operating income 66 76International Net sales 875 683 Cost of sales 696 548 ------ ------ Gross profit 179 135 Direct segment operating expenses (1) 117 94 ------ ------ Segment operating income 62 41Consolidated Net sales 1,902 1,530 Cost of sales 1,444 1,169 ------ ------ Gross profit 458 361 Direct segment operating expenses 330 244 ------ ------ Segment operating income 128 117 Stock-based compensation (19) (7) Other operating expense (1) - ------ ------ Income from operations 108 110 Total non-operating income (expense), net - (1) Provision for income taxes (56) 2 Cumulative effect of change in accounting principle 26 - ------ ------ Net income $ 78 $ 111 ====== ======Segment Highlights: Y/Y net sales growth: North America 21% 20% International 28 80 Consolidated 24 41 Y/Y gross profit growth: North America 23% 21% International 33 61 Consolidated 27 33 Y/Y segment operating income growth: North America (13%) 46% International 51 163 Consolidated 10 73 Net sales mix: North America 54% 55% International 46 45 (1) A significant majority of our costs for "Technology and content" are incurred in the United States and most of these costs are allocated to our North America segment.Note: The attached "Financial and Operational Summary" is an integral part of the press release financial statements. AMAZON.COM, INC. Supplemental Net Sales Information (in millions) (unaudited) Three Months Ended March 31, --------------------- 2005 2004 --------- ---------North America Media $ 699 $ 599 Electronics and other general merchandise 282 224 Other 46 24 --------- --------- 1,027 847International Media 675 576 Electronics and other general merchandise 199 107 Other 1 - --------- --------- 875 683Consolidated Media 1,374 1,175 Electronics and other general merchandise 481 331 Other 47 24 --------- --------- $ 1,902 $ 1,530 ========= =========Y/Y Net Sales Growth:North America: Media 17% 16% Electronics and other general merchandise 25 33 Other 96 23International: Media 17% 62% Electronics and other general merchandise 86 368 Other 74 65Consolidated: Media 17% 35% Electronics and other general merchandise 45 74 Other 95 23Consolidated Net Sales Mix: Media 72% 77% Electronics and other general merchandise 25 22 Other 3 1Note: The attached "Financial and Operational Summary" is anintegral part of the press release financial statements. AMAZON.COM, INC. Consolidated Balance Sheets (in millions, except per share data) March 31, December 31, March 31, 2005 2004 2004 --------- -------- -----------ASSETS (unaudited) (unaudited)Current assets: Cash and cash equivalents $ 533 $ 1,303 $ 769 Marketable securities 618 476 229 --------- -------- ----------- Cash, cash equivalents, and marketable securities 1,151 1,779 998 Inventories 403 480 282 Deferred tax assets, current portion 68 81 1 Accounts receivable, net and other current assets 171 199 125 --------- -------- ----------- Total current assets 1,793 2,539 1,406Fixed assets, net 245 246 218Deferred tax assets, long-term portion 239 282 7Goodwill 149 139 69Other assets 46 42 39 --------- -------- ----------- Total assets $ 2,472 $ 3,248 $ 1,739 ========= ======== ===========LIABILITIES AND STOCKHOLDERS' DEFICITCurrent liabilities: Accounts payable $ 704 $ 1,142 $ 568 Accrued expenses and other current liabilities 309 361 245 Unearned revenue 45 41 37 Interest payable 13 74 14 Current portion of long-term debt and other 2 2 2 --------- -------- ----------- Total current liabilities 1,073 1,620 866Long-term debt and other 1,561 1,855 1,778Commitments and contingenciesStockholders' deficit: Preferred stock, $0.01 par value: Authorized shares -- 500 Issued and outstanding shares -- none - - - Common stock, $0.01 par value: Authorized shares -- 5,000 Issued and outstanding shares -- 411, 410 and 405 shares 4 4 4 Additional paid-in capital 2,118 2,123 1,921 Accumulated other comprehensive income 24 32 33 Accumulated deficit (2,308) (2,386) (2,863) --------- -------- ----------- Total stockholders' deficit (162) (227) (905) --------- -------- ----------- Total liabilities and stockholders' deficit $ 2,472 $ 3,248 $ 1,739 ========= ======== ===========Note: The attached "Financial and Operational Summary" is an integral part of the press release financial statements. AMAZON.COM, INC. Supplemental Financial Information and Business Metrics (in millions, except per share data) (unaudited)---------------------------------------------------------------------- Y/Y % Q1 2004 Q2 2004 Q3 2004 Q4 2004 Q1 2005 Change ------------------------------------------------------Cash Flows and SharesOperating cash flow -- trailing twelve months (TTM) $393 $410 $490 $567 $523 33%Purchase of fixed assets (incl. internal-use software & website development) -- TTM $49 $56 $70 $89 $106 116%Free cash flow (operating cash flow less purchases of fixed assets) -- TTM $344 $354 $420 $477 $417 21%Common shares and stock-based awards outstanding 432 434 434 434 434 less than 1%Common shares outstanding 405 407 407 410 411 1%Stock-based awards outstanding 27 27 27 25 24 (14%)Stock-based awards outstanding -- % of common shares outstanding 6.8% 6.7% 6.6% 6.0% 5.7% N/AResults of OperationsWorldwide (WW) net sales $1,530 $1,387 $1,462 $2,541 $1,902 24%WW net sales -- Y/Y growth, excluding the effect of foreign exchange rates 33.2% 21.9% 23.9% 26.2% 22.3% N/AWW net sales -- TTM $5,710 $5,998 $6,326 $6,921 $7,292 28%Gross profit $361 $341 $356 $544 $458 27%Gross margin -- % of WW net sales 23.6% 24.6% 24.3% 21.4% 24.1% N/AGross profit -- TTM $1,347 $1,415 $1,484 $1,602 $1,700 26%Gross margin -- TTM % of WW net sales 23.6% 23.6% 23.5% 23.1% 23.3% N/AFulfillment costs, excluding stock-based compensation -- % of WW net sales 8.3% 8.8% 9.3% 8.0% 8.6% N/AFulfillment costs, excluding stock-based compensation -- TTM % of WW net sales 8.8% 8.6% 8.6% 8.5% 8.6% N/AOperating income $110 $86 $81 $162 $108 (2%)Operating margin -- % of WW net sales 7.2% 6.2% 5.6% 6.4% 5.7% N/AOperating income -- TTM $342 $386 $416 $440 $438 28%Operating margin -- TTM % of WW net sales 6.0% 6.4% 6.6% 6.4% 6.0% N/ANet income (a) $111 $76 $54 $347 $78 (30%)Net income per diluted share (a) $0.26 $0.18 $0.13 $0.82 $0.18 (29%)Net income -- TTM (a) $157 $276 $315 $588 $555 255%Net income per diluted share -- TTM (a) $0.37 $0.65 $0.74 $1.39 $1.31 253%SegmentsNorth America segment: Net sales $847 $792 $816 $1,392 $1,027 21% Net sales -- Y/Y growth, excluding the effect of foreign exchange rates 19.9% 12.7% 15.0% 21.8% 21.1% N/A Net sales -- TTM $3,401 $3,490 $3,597 $3,847 $4,027 18% Gross profit $226 $220 $223 $355 $279 23% Gross margin -- % of North America net sales 26.7% 27.7% 27.4% 25.5% 27.2% N/A Gross profit -- TTM $906 $935 $958 $1,024 $1,077 19% Gross margin -- TTM % of North America net sales 26.6% 26.8% 26.6% 26.6% 26.7% N/A Operating income $76 $66 $57 $122 $66 (13%) Operating margin -- % of North America net sales 8.9% 8.3% 7.0% 8.8% 6.4% N/A Operating income -- TTM $307 $318 $313 $321 $311 1% Operating margin -- TTM % of North America net sales 9.0% 9.1% 8.7% 8.3% 7.7% N/AInternational segment: Net sales $683 $595 $646 $1,149 $875 28% Net sales -- Y/Y growth, excluding the effect of foreign exchange rates 57.9% 38.1% 38.9% 32.5% 23.8% N/A Net sales -- TTM $2,310 $2,508 $2,729 $3,074 $3,265 41% Net sales -- TTM % of WW net sales 40.5% 41.8% 43.1% 44.4% 44.8% N/A Gross profit $135 $121 $132 $190 $179 33% Gross margin -- % of International net sales 19.8% 20.4% 20.5% 16.5% 20.5% N/A Gross profit -- TTM $442 $479 $527 $578 $623 41% Gross margin -- TTM % of International net sales 19.1% 19.1% 19.3% 18.8% 19.1% N/A Operating income $41 $35 $38 $55 $62 51% Operating margin -- % of International net sales 6.1% 5.9% 5.8% 4.8% 7.2% N/A Operating income -- TTM $104 $126 $153 $169 $190 83% Operating margin -- TTM % of International net sales 4.5% 5.0% 5.6% 5.5% 5.8% N/A----------------------------------------------------------------------Note: The attached "Financial and Operational Summary" is an integral part of this Supplemental Financial Information and Business Metrics.(a) Q4 2004 net income includes a $244 million benefit from realizing a deferred tax asset related primarily to net operating loss carryforwards attributable to continuing operations; Q1 2005 net income includes a $56 million tax expense primarily due to taxable income resulting from the transfer of certain assets from U.S. to international locations. AMAZON.COM, INC. Supplemental Financial Information and Business Metrics (in millions, except inventory turnover, accounts payable days, and employee data) (unaudited)---------------------------------------------------------------------- Y/Y % Q1 2004 Q2 2004 Q3 2004 Q4 2004 Q1 2005 Change -------------------------------------------------Segments (continued)Consolidated segments: Operating expenses $244 $240 $261 $367 $330 35% Operating expenses -- TTM $937 $970 $1,019 $1,112 $1,198 28% Operating income $117 $101 $95 $177 $128 10% Operating margin -- % of consolidated sales 7.6% 7.3% 6.5% 7.0% 6.8% N/A Operating income -- TTM $411 $444 $466 $490 $502 22% Operating margin -- TTM % of consolidated net sales 7.2% 7.4% 7.4% 7.1% 6.9% N/ASupplemental North America Segment Net Sales: Media $599 $542 $564 $885 $699 17% Media -- TTM $2,351 $2,394 $2,455 $2,589 $2,690 14% Electronics and other general merchandise $224 $226 $229 $449 $282 25% Electronics and other general merchandise -- TTM $935 $983 $1,031 $1,128 $1,185 27% Electronics and other general merchandise -- TTM % of North America net sales 27% 28% 29% 29% 29% N/A Other $24 $25 $24 $58 $46 96% Other -- TTM $115 $113 $111 $130 $153 33%Supplemental International Segment Net Sales: Media $576 $496 $530 $911 $675 17% Media -- TTM $2,000 $2,129 $2,285 $2,513 $2,612 31% Electronics and other general merchandise $107 $99 $116 $237 $199 86% Electronics and other general merchandise -- TTM $309 $377 $442 $558 $651 111% Electronics and other general merchandise -- TTM % of International net sales 13% 15% 16% 18% 20% N/A Other $0 $1 $0 $1 $1 74% Other -- TTM $1 $2 $2 $2 $3 96%Supplemental Worldwide Net Sales: Media $1,175 $1,037 $1,094 $1,796 $1,374 17% Media -- TTM $4,351 $4,523 $4,740 $5,102 $5,302 22% Electronics and other general merchandise $331 $325 $344 $686 $481 45% Electronics and other general merchandise -- TTM $1,244 $1,360 $1,474 $1,686 $1,835 48% Electronics and other general merchandise -- TTM % of WW net sales 22% 23% 23% 24% 25% N/A Other $24 $25 $24 $59 $47 95% Other -- TTM $116 $115 $113 $133 $156 34%Balance SheetCash and marketable securities $998 $1,151 $1,185 $1,779 $1,151 15%Inventory, net -- ending $282 $284 $357 $480 $403 43%Inventory -- average inventory % of TTM net sales 4.1% 4.3% 4.6% 4.9% 5.0% N/AInventory turnover, average -- TTM 18.7 17.9 16.6 15.7 15.5 (17%)Fixed assets, net $218 $216 $227 $246 $245 13%Accounts payable days -- ending 44 51 57 53 44 (1%)OtherEmployees (full-time and part-time; excludes contractors & temporary personnel) 8,100 8,200 8,800 9,000 9,400 16%----------------------------------------------------------------------Note: The attached "Financial and Operational Summary" is an integral part of this Supplemental Financial Information and Business Metrics.</pre><p>Amazon.com, Inc.Financial and Operational Summary(unaudited)</p><p>Quarterly Results of Operations (comparisons are with the equivalent period of the prior year, unless otherwise stated)</p><p>Net Sales</p><ul><li>Shipping revenue, which excludes amounts earned from third-party sellers where we don't provide fulfillment services, was $108 million, up 15% from $94 million.</li><li>Amounts paid in advance for subscription services, including amounts received from online DVD rentals, Amazon Prime, and other membership programs, are deferred and recognized as revenue over the subscription terms.</li><li>Amounts earned from third-party sales on our websites are recorded as net amounts.</li></ul><p>Cost of Sales</p><ul><li>Cost of sales consists of the purchase price of products sold by us, inbound and outbound shipping charges, packaging supplies, and costs incurred in operating and staffing our fulfillment and customer service centers on behalf of other businesses, such as Toysrus.com and Target.com.</li><li>Outbound shipping-related costs totaled $163 million, up 19% from $137 million. Net shipping loss was $55 million, up 29% from a net loss of $43 million, resulting primarily from our free shipping offers and Amazon Prime.</li></ul><p>Operating Expenses</p><ul><li>Depreciation and amortization of fixed assets was $22 million, up from $17 million and is classified within the corresponding operating expense categories.</li><li>As previously announced, we chose to early adopt SFAS 123(R), the new accounting rules on stock-based compensation, effective January 1, 2005. Stock-based compensation increased $12 million to $19 million, including the $14 million impact from our early adoption of SFAS 123(R). Stock-based compensation would have been $5 million under our prior accounting method, down $2 million versus first quarter 2004.</li><li>In accordance with SAB 107, issued March 2005, we present stock-based compensation within the same operating expense line items as cash compensation.</li><li>Operating expenses with and without stock-based compensation are as follows:</li></ul><pre> Q1 2005 Q1 2004 ------------------------- ------------------------- As Stock- As Stock- Reported Based Net Reported Based Net Compen- Compen- sation sation -------- ------- ------- -------- ------- -------Operating Expenses (in millions): Fulfillment $ 166.6 $ (3.6) $163.0 $ 128.7 $ (1.0) $127.7 Marketing 44.6 (1.5) 43.1 34.2 (0.6) 33.6 Technology and content 91.8 (9.8) 82.0 58.4 (3.3) 55.1 General and administrative 46.4 (4.6) 41.8 29.6 (2.2) 27.4 Other operating expense (income) 1.3 - 1.3 (0.5) - (0.5) ------- ------ ------ ------- ------ ------ Total operating expenses $ 350.7 $(19.5) $331.2 $ 250.4 $ (7.1) $243.3 ======= ====== ====== ======= ====== ======Year-over-year Percentage Growth: Fulfillment 29.4 % 27.6 % 16.3 % 23.1 % Marketing 30.3 28.1 17.2 19.2 Technology and content 57.3 49.0 (9.2) 10.0 General and administrative 56.8 52.7 12.8 29.9Percent of Net Sales: Fulfillment 8.8 % 8.6 % 8.4 % 8.3 % Marketing 2.3 2.3 2.2 2.2 Technology and content 4.8 4.3 3.8 3.6 General and administrative 2.4 2.2 1.9 1.8</pre><p>Fulfillment</p><ul><li>Fulfillment costs include those costs incurred in operating and staffing our fulfillment and customer service centers, including costs attributable to buying, receiving, inspecting and warehousing inventories; credit card fees; and bad debt costs, including costs associated with our guarantee of certain third-party seller transactions. Fulfillment costs also include amounts paid to third parties, who assist us in fulfillment and customer service operations.</li><li>Credit card fees associated with third-party seller transactions are assessed on the gross purchase price of underlying transactions, and therefore represent a larger percentage of our recorded net revenue than credit card fees for our retail sales. Bad debt costs, including costs associated with our guarantee program, are also higher as a percentage of recorded net revenue versus our retail sales. Accordingly, these items negatively affect fulfillment costs as a percentage of net sales.</li><li>Fulfillment costs increased in absolute dollars and as a percentage of sales from the prior year due to variable costs corresponding with sales volume, our mix of product sales, credit card fees, and bad debt costs, including costs associated with our guarantee of certain third-party seller transactions. We expanded our fulfillment capacity in 2004 and plan to further expand our worldwide fulfillment capacity in 2005. We also recorded a charge of $5 million relating to certain North America fulfillment equipment removed from service in the first quarter which is classified as depreciation and amortization on our cash flow statement. We expect absolute amounts spent in fulfillment to increase over time.</li></ul><p>Marketing</p><ul><li>Marketing efforts include targeted online marketing channels, such as our Associates and Syndicated Stores programs, sponsored search, portal advertising, e-mail campaigns and other initiatives. Our marketing expenses are largely variable, based on growth in sales and changes in rates. To the extent there is increased or decreased competition for these traffic sources, or to the extent our mix of these channels shifts, we would expect to see a corresponding change in our marketing expense. While costs associated with free shipping are not included in marketing expense, we view our free-shipping offers as an effective worldwide marketing tool and intend to continue offering them indefinitely. We expect absolute amounts spent in marketing to increase over time.</li></ul><p>Technology and Content</p><ul><li>Technology and content expenses consist principally of payroll and related expenses for employees involved in development of our websites, including application development, editorial content, merchandising selection and systems and telecommunications support; costs associated with the systems and telecommunications infrastructure; and costs of acquired content.</li><li>Our spending in technology and content has increased as we are adding computer scientists and software engineers to continue to enhance the customer experience on our websites and those websites powered by us, and to improve our process efficiency. Additionally, we continue to invest in several areas of technology, including seller platforms, A9.com, web services, additional development centers and digital initiatives. We intend to continue investing in areas of technology and other initiatives and expect absolute dollars spent in technology and content to increase over time as we continue to add computer scientists and software engineers to our staff.</li><li>A significant majority of these technology costs are incurred in the U.S. and most of them are allocated to our North America segment.</li><li>We expense costs related to the development of internal-use software and website development other than those incurred during the application development stage. Costs incurred during the application development stage are capitalized and amortized over the two-year estimated useful life of the software. We capitalized $18 million of internal-use software costs, including $2 million associated with stock-based compensation, which is excluded from purchases of fixed assets on our consolidated statements of cash flows since it is stock based rather than cash; compared with $7 million a year ago. These amounts were partially offset by amortization of previously capitalized amounts of $10 million and $7 million.</li></ul><p>General and Administrative</p><ul><li>General and administrative costs increased due to an $8 million charge related to possible settlements of outstanding litigation, as well as due to increases in payroll and related costs, professional fees and legal costs. We expect absolute dollars spent in general and administrative to increase over time.</li></ul><p>Stock-Based Compensation</p><ul><li>Prior to January 1, 2005, we accounted for stock-based awards under the intrinsic value method which resulted in compensation expense for restricted stock and restricted stock units at grant date fair value based on the number of shares granted and the quoted price of our common stock, and for stock options to the extent option exercise prices were set below market prices on the date of grant. Also, stock options granted subsequent to December 31, 2002, and stock-based awards subject to an exchange offer, other modifications, or performance criteria, were subject to variable accounting treatment.</li><li>We early adopted SFAS No. 123(R) as of January 1, 2005, which requires measurement of compensation cost for stock-based awards at grant date fair value. The fair value of restricted stock and restricted stock units is determined based on the number of shares granted and the quoted price of our common stock, while the fair value of stock options is determined using a Black-Scholes valuation model. The fair value is recognized as an expense over the service period, net of estimated forfeitures, using the accelerated method under SFAS 123(R). Because we implemented SFAS 123(R), we no longer have stock awards subject to variable accounting treatment.</li><li>The requirement of SFAS 123(R) to estimate future forfeitures resulted in a cumulative benefit from accounting change of $26 million which reflects the net cumulative impact of estimating forfeitures in the determination of period expense, rather than recording forfeitures when they occur as previously permitted.</li><li>Prior to our adoption of SFAS 123(R), cash retained as a result of excess tax deductions relating to stock-based compensation was presented in operating cash flows, along with other tax cash flows. SFAS 123(R) requires that these excess tax benefits be presented as financing cash inflows. Tax benefits resulting from stock-based compensation deductions in excess of amounts reported for financial reporting purposes were $1 million in the first quarter.</li><li>Stock-based awards generally vest over service periods of between three and six years.</li><li>Stock-based compensation was $19 million for the first quarter, primarily consisting of $12 million in expense for restricted stock unit awards and $7 million for stock options, substantially all of which were granted prior to October 2002. Under our previous accounting method, our first quarter stock-based compensation would have been $5 million.</li><li>Payroll tax expense resulting from exercises of stock-based awards is a cash expense and is not categorized as stock-based compensation.</li><li>We granted stock awards, substantially all of which have been restricted stock units since October 2002, of 0.5 million during the first quarter at a per-share weighted average fair value of $39. Our annual stock awards are granted in the second quarter.</li><li>At March 31, 2005, there were 434 million common shares and stock-based awards outstanding, up from 432 million at March 31, 2004. This total includes all stock-based awards outstanding, without regard for estimated forfeitures, consisting of vested and unvested awards, and in-the-money and out-of-the-money stock options.</li><li>At March 31, 2005, there were 24 million stock awards outstanding, consisting of 17 million stock options with a $13 weighted average exercise price and 7 million restricted stock units. At March 31, 2004, there were 27 million stock awards outstanding.</li></ul><p>Other Operating Expense (Income)</p><ul><li>Included in "Other operating expense (income)" are restructuring-related expenses or credits and amortization of other intangibles.</li><li>Amortization of other intangibles was $1 million for first quarter 2005, and is expected to be $3 million for the remainder of 2005, $4 million in both 2006 and 2007, and $2 million in 2008, based on intangibles as of March 31, 2005.</li><li>We acquired certain companies in March 2005 for an aggregate cash purchase price of $18 million. The excess of purchase price over the fair value of the net assets acquired was $10 million and is classified as "Goodwill" on our consolidated balance sheets. Acquired other intangibles totaled $8 million and have estimated useful lives of between one and four years. The results of operations of each of the acquired businesses have been included in our consolidated results as of the closing date of acquisition. The effect of these acquisitions on consolidated net sales and operating income was not significant for the first quarter.</li></ul><p>Operating Income</p><ul><li>Our income from operations was $108 million, down from $110 million. This decrease is due to the $14 million impact resulting from our early adoption of SFAS 123(R), an $8 million charge related to possible settlements of outstanding litigation, and a $5 million loss for fulfillment assets removed from service during first quarter 2005. These items, and other operating expense increases, were partially offset by a 24% growth in net sales and a 27% increase in gross profit.</li></ul><p>Other Income (Expense), Net</p><ul><li>Other income of $3 million was primarily a foreign-currency gain on interest payable for our 6.875% PEACS.</li></ul><p>Remeasurements and Other</p><ul><li>Remeasurement of the principal amount of our 6.875% PEACS from Euros to U.S. Dollars resulted in a foreign-currency gain of $35 million, compared with a gain of $20 million.</li><li>Remeasurement of foreign-currency intercompany balances which are to be repaid amongst subsidiaries represented a $14 million loss, compared with a loss of $3 million.</li></ul><p>Income Taxes and Deferred Tax Assets</p><ul><li>Our first quarter 2005 effective tax rate was higher than the 35% statutory rate primarily due to taxable income associated with the first quarter 2005 transfer of certain assets from the U.S. to international locations. We expect these asset transfers to result in tax expense for financial reporting purposes above the statutory rate throughout 2005 and beneficially impact our effective tax rate over time. Since we have Net Operating Losses ("NOLs") for tax purposes, these asset transfers will not have a significant effect on cash taxes paid, which we expect to be approximately $25 million in 2005, compared with $4 million in 2004.</li><li>SFAS 109 requires that deferred tax assets be evaluated for future realization and reduced by a valuation allowance to the extent we believe a portion will not be realized. We consider many factors when assessing the likelihood of future realization of our deferred tax assets including our recent cumulative earnings experience by taxing jurisdiction, expectations of future taxable income, the carry-forward periods available to us for tax reporting purposes, and other relevant factors. Significant judgment is required in making this assessment, and it is very difficult to predict when, if ever, our assessment may conclude that the remaining portion of our deferred tax assets are realizable.</li><li>At March 31, 2005, approximately $760 million of our gross deferred tax assets were related to approximately $2.4 billion of NOLs, the majority of which expire after 2016. Our NOL deferred tax assets are reduced by a valuation allowance of approximately $510 million due to uncertainty about their future realization. The remainder of our deferred tax assets relate to temporary timing differences between tax and financial reporting.</li><li>Substantially all of the unrealized $510 million NOL deferred tax assets, if realized, would be credited to "Stockholders' equity" rather than results of operations for financial reporting purposes since they primarily relate to tax-deductible stock-based compensation in excess of amounts recognized for financial reporting purposes.</li><li>Classification of deferred tax assets between current and long-term asset categories is based on the expected timing of realization, and the valuation allowance is allocated ratably.</li></ul><p>Net Income</p><ul><li>We believe that our reported net income in first quarter 2005 should not be viewed, on its own, as a material positive event, and may not necessarily be predictive of our future results for a variety of reasons. For example, the remeasurement of our 6.875% PEACS and intercompany balances can result in significant gains and charges associated with the effect of movements in currency exchange rates. Accordingly, we encourage investors to evaluate the effect on our operating trends of these items since future changes in currency exchange rates may create significant variability in our future operating results.</li></ul><p>Foreign Exchange</p><ul><li>As our financial reporting currency is the U.S. Dollar, our total sales, profit, and operating and free cash flows have benefited significantly the past eleven quarters from weakness in the U.S. Dollar in comparison to the currencies of our international websites. We believe it is important to also evaluate our growth rates after the effect of currency changes.</li><li>The effect on our consolidated statements of operations from year-over-year changes in exchange rates versus the U.S. Dollar throughout the period is as follows:</li></ul><pre> Q1 2005 Q1 2004 ---------------------------- ---------------------------- At Prior Exchange At Prior Exchange Year Rate As Year Rate As Rates (1) Effect Reported Rates (1) Effect Reported (2) (2) --------- -------- --------- --------- -------- --------- (in millions, except per share amounts)Net sales $1,871.4 $ 30.2 $1,901.6 $1,442.9 $ 87.4 $1,530.3Gross profit 452.1 6.4 458.5 343.7 17.1 360.8Operating expenses 346.9 3.8 350.7 239.9 10.5 250.4Operating income 105.2 2.6 107.8 103.8 6.6 110.4Net interest expense and other (17.6) 4.1 (13.5) (19.0) (2.4) (21.4)Remeasure- ments and other (3) (5.9) 19.4 13.5 (0.1) 20.5 20.4Income before income taxes 81.8 26.0 107.8 84.8 24.6 109.4Net income 65.7 12.5 78.2 86.5 24.6 111.1Diluted earnings per share $ 0.15 $ 0.03 $ 0.18 $ 0.20 $ 0.06 $ 0.26 (1) Represents the outcome that would have resulted had currency exchange rates in the current period been the same as those in effect in the comparable prior year period. (2) Represents the increase (decrease) in reported amounts resulting from changes in exchange rates from those in effect in the comparable prior year period. (3) Includes foreign-currency gains (losses) on remeasurement of 6.875% PEACS and intercompany balances, and realized currency-related gains associated with sales of Euro-denominated investments held by a U.S. subsidiary.</pre><p>Cash Flows and Balance Sheet</p><ul><li>Operating cash flows and free cash flows can be volatile and are sensitive to many factors, including changes in working capital. Working capital at any specific point in time is subject to many variables, including world events, seasonality, the timing of expense payments, discounts offered by vendors, vendor payment terms, and fluctuations in foreign exchange rates.</li><li>Our cash, cash equivalents, and marketable securities of $1.15 billion, at fair value, primarily consist of cash, commercial paper and short-term securities, asset-backed and agency securities, corporate notes and bonds and U.S. Treasury notes and bonds. Included are amounts held in foreign currencies of $605 million, primarily in Euros, British Pounds, and Yen.</li><li>We have pledged $78 million of our marketable securities as collateral primarily for standby letters of credit and property leases, compared with $86 million as of March 31, 2004.</li><li>"Accounts receivable, net and other current assets" includes accounts receivable from merchant partners, vendors and credit card companies, interest receivables and $16 million of prepaid expenses.</li><li>"Other assets" includes, among other things, $15 million of deferred issuance costs on long-term debt, $14 million of certain equity investments and $13 million of other intangibles, net.</li><li>"Unearned revenue" is recorded when payments are received from third parties in advance of our providing the associated service.</li><li>Amounts related to restructuring-related leases and other commitments due within twelve months are $4 million and are included in "Accrued expenses and other current liabilities," and the remaining $8 million is included in "Long-term debt and other" on our balance sheet. These amounts are net of anticipated sublease income of $19 million (we have signed sublease agreements for $12 million).</li><li>"Accrued expenses and other current liabilities" includes, among other things, liabilities for gift certificates, marketing activities, and workforce costs, including accrued payroll, vacation, and other benefits.</li><li>"Long-term debt and other" primarily includes the following (in millions):</li></ul><pre> Principal Interest Principal at Maturity Rate Due Date -------------- --------- -------------Convertible Subordinated Notes $ 900 (1) 4.750% February 2009Premium Adjustable Convertible Securities ("PEACS") 635 (2)(3) 6.875% February 2010 ------------- $ 1,535 (4) =============</pre><ol><li>Convertible at the holders' option into our common stock at $78.0275 per share. We have the right to redeem the Convertible Subordinated Notes, in whole or in part, at a redemption price of 101.9% of the principal, which decreases every February 1st by 47.5 basis points until maturity, plus any accrued and unpaid interest.</li><li>In March 2005, we redeemed an aggregate principal amount of $265 million, using funds held in a European currency, of our PEACS under our January 2004 debt repurchase authorization. No redemption premium was required. We recorded a charge of $4 million, classified in "Remeasurements and other," consisting of $2 million in unamortized debt issuance costs and $2 million relating to unrealized losses from our currency swap which was terminated in 2003. Accrued and unpaid interest of $1 million was paid at redemption.</li><li>EUR 490 million principal amount, convertible at the holders' option into our common stock at EUR 84.883 per share ($110.05 per share based on the U.S. Dollars per Euro exchange rate as of March 31, 2005). We have the right to redeem the PEACS, in whole or in part, by paying the principal amount, plus any accrued and unpaid interest. We do not hedge any portion of the PEACS. The U.S. Dollar equivalent principal, interest, and conversion price fluctuates based on the Euro/U.S. Dollar exchange ratio. Due to fluctuations in this exchange ratio, our principal debt obligation since issuance in February 2000 has increased by $152 million as of March 31, 2005.</li><li>The "if converted" number of shares associated with our convertible debt instruments (approximately 17 million total shares) are excluded from diluted shares as their effect is antidilutive.</li></ol><p>Legal Proceedings</p><ul><li>We previously reported class action complaints filed in 2001 by holders of our equity and debt securities alleging violations of the Securities Act of 1933 (the "1933 Act") and the Securities Exchange Act of 1934 (the "1934 Act"). We recently signed a Stipulation of Settlement with respect to the 1934 Act claims and agreed in principle to settle the 1933 Act claims. If finalized and approved by the Court, these settlements would dispose of all claims asserted in these lawsuits in exchange for payments totaling $47.5 million, substantially all of which we expect to be funded by our insurers.Certain Definitions and Other</li><li>We present segment information along two lines: North America and International. We measure operating results of our segments using an internal performance measure of direct segment operating expenses that excludes stock-based compensation and other operating expenses (income), each of which is not allocated to segment results. Other centrally incurred operating costs are fully allocated to segment results. Our operating results, particularly for the International segment, are affected by movements in foreign exchange rates.</li><li>The North America segment consists of amounts earned from retail sales of consumer products (including from third-party sellers) through www.amazon.com and www.amazon.ca; from North America focused Syndicated Stores, such as www.cdnow.com; from our mail-order tool catalog phone orders; from our Amazon Prime membership program; and from non-retail activities such as North America-focused Merchant.com, marketing, and promotional agreements. This segment includes export sales from www.amazon.com and www.amazon.ca.</li><li>The International segment consists of amounts earned from retail sales of consumer products (including from third-party sellers) through www.amazon.co.uk , www.amazon.de, www.amazon.co.jp, www.amazon.fr, and since September 2004, www.joyo.com; from internationally focused Syndicated Stores; from our DVD rental service in the U.K.; and from non-retail activities such as internationally focused marketing and promotional agreements. This segment includes export sales from these internationally based sites (including export sales from these sites to customers in the U.S. and Canada), but excludes export sales from www.amazon.com and www.amazon.ca.</li><li>We provide supplemental sales information within each segment for three categories: "Media," "Electronics and other general merchandise," and "Other." Media consists of amounts earned from DVD rental and retail sales from all sellers of books, music, DVD/video, magazine subscriptions, software, video games, and video game consoles. Electronics and other general merchandise consists of amounts earned from retail sales from all sellers of items not included in Media, such as electronics and office, camera and photo, toys and baby, tools, home and garden, apparel, sports and outdoors, kitchen and housewares, gourmet food, jewelry, health and personal care, beauty, and musical instruments. The Other category consists of non-retail activities, such as the Merchant.com program and miscellaneous marketing and promotional activities, such as our co-branded credit card program.</li><li>Operating cycle is number of days of sales in inventory plus number of days of sales in accounts receivable minus accounts payable days. Inventory days are calculated as the quotient of inventory to cost of sales, multiplied by the number of days in the period. Accounts payable days are calculated as the quotient of accounts payable to cost of sales, multiplied by the number of days in the period. Inventory turns are calculated as the quotient of cost of sales to average inventory over five quarters.</li><li>References to customers mean customer accounts, which are unique e-mail addresses, established either when a customer's initial order is shipped or when a customer orders from certain third-party sellers on our websites. Customer accounts include customers of Amazon Marketplace, Auctions and zShops, and our Merchants@, Syndicated Stores programs, but exclude DVD rental customers, customers associated with certain of our acquisitions (including Joyo.com customers), Merchant.com program customers, Amazon.com Payments customers, our catalog customers, and the customers of select companies with whom we have a technology alliance or marketing and promotional relationship. A customer is considered active when they have placed an order during the preceding twelve-month period.</li><li>References to sellers or merchants mean active seller accounts, which are established when a seller receives an order from a customer account. Seller accounts include sellers in Amazon Marketplace, Auctions, zShops, and Merchants@ platforms, but exclude Merchant.com sellers. A seller is considered active when they have received an order during the preceding twelve-month period.</li><li>References to units mean units sold (net of returns and cancellations) by us and third-party sellers at Amazon.com domains worldwide -- such as www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.co.jp, www.amazon.fr, and www.amazon.ca -- and at Syndicated Stores domains, as well as Amazon.com-owned items sold through catalogs and at non-Amazon.com domains, such as books, music, and DVD/video items ordered from Amazon.com's store at www.target.com. Units sold do not include units associated with certain of our acquisitions (including Joyo.com units), Amazon.com gift certificates or DVD rentals.</li></ul><p>CONTACT: Amazon.com, Inc.Tim Stone, 206-266-2171 (Investor Relations)ir@amazon.comwww.amazon.com/irorPatty Smith, 206-266-7180 (Public Relations)SOURCE: Amazon.com, Inc.</p> |
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Macy's Products Now Available on Amazon.com; Tens of Thousands of Products and Many Top Brands Added to the Amazon.com Apparel & Accessories, Jewelry, Beauty and Home & Garden Stores | /news/news-details/2005/Macys-Products-Now-Available-on-Amazon.com-Tens-of-Thousands-of-Products-and-Many-Top-Brands-Added-to-the-Amazon.com-Apparel--Accessories-Jewelry-Beauty-and-Home--Garden-Stores/default.aspx | Macys-Products-Now-Available-on-Amazon.com-Tens-of-Thousands-of-Products-and-Many-Top-Brands-Added-to-the-Amazon.com-Apparel--Accessories-Jewelry-Beauty-and-Home--Garden-Stores | 4,683 | 04/26/2005 08:06:00 | Macy's Products Now Available on Amazon.com; Tens of Thousands of Products and Many Top Brands Added to the Amazon.com Apparel & Accessories, Jewelry, Beauty and Home & Garden Stores | 04/26/2005 | 2005 | SEATTLE--(BUSINESS WIRE)--April 26, 2005--Amazon Services, Inc., an Amazon.com (Nasdaq:AMZN) company, and Macy's today announced the availability of Macy's products on Amazon.com (www.amazon.com/macys). Everything from exclusive Macy's brands, like INC International Concepts apparel and Hotel Collection bedding, to Macy's wide selection of jewelry, apparel, beauty and home products is now available to Amazon customers.
"Macy's is excited to join the Amazon platform and make our products easily available to the millions of Amazon.com shoppers," said Kent Anderson, president, macys.com. "We are creating another option for customers to find and shop our vast selection of top brands."
Right now, Amazon customers can find Macy's colorful spring fashions and home accessories and add them to the same shopping cart as a book or laptop computer. Macy's wide selection of tableware, bedding and home furnishings can also be found in the Macy's storefront on Amazon.com (www.amazon.com/macys). Macy's will fulfill orders for its products purchased on Amazon.com.
"We are thrilled to work with Macy's to further our goal of offering our customers anything they might want to buy online," said Diego Piacentini, senior vice president of worldwide retail at Amazon.com. "Visitors to the Macy's storefront can buy exclusive Macy's brands, as well as a wide selection of jewelry, beauty, apparel and home products, all within the familiar Amazon.com shopping environment."
About Federated Department Stores
Federated Department Stores, Inc., with corporate offices in Cincinnati and New York, is one of the nation's leading department store retailers, with annual sales of $15.6 billion. Federated operates more than 450 stores in 34 states, Guam and Puerto Rico under the names of Macy's and Bloomingdale's. The company also operates macys.com and Bloomingdale's By Mail.
About Amazon.com
Amazon.com, Inc., (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward-Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
CONTACT: Amazon.comMolly Ingle, 206-266-7180ingle@amazon.comSOURCE: Amazon Services, Inc. | <p>SEATTLE--(BUSINESS WIRE)--April 26, 2005--Amazon Services, Inc., an Amazon.com (Nasdaq:AMZN) company, and Macy's today announced the availability of Macy's products on Amazon.com (www.amazon.com/macys). Everything from exclusive Macy's brands, like INC International Concepts apparel and Hotel Collection bedding, to Macy's wide selection of jewelry, apparel, beauty and home products is now available to Amazon customers.</p><p>"Macy's is excited to join the Amazon platform and make our products easily available to the millions of Amazon.com shoppers," said Kent Anderson, president, macys.com. "We are creating another option for customers to find and shop our vast selection of top brands."</p><p>Right now, Amazon customers can find Macy's colorful spring fashions and home accessories and add them to the same shopping cart as a book or laptop computer. Macy's wide selection of tableware, bedding and home furnishings can also be found in the Macy's storefront on Amazon.com (www.amazon.com/macys). Macy's will fulfill orders for its products purchased on Amazon.com.</p><p>"We are thrilled to work with Macy's to further our goal of offering our customers anything they might want to buy online," said Diego Piacentini, senior vice president of worldwide retail at Amazon.com. "Visitors to the Macy's storefront can buy exclusive Macy's brands, as well as a wide selection of jewelry, beauty, apparel and home products, all within the familiar Amazon.com shopping environment."</p><p>About Federated Department Stores</p><p>Federated Department Stores, Inc., with corporate offices in Cincinnati and New York, is one of the nation's leading department store retailers, with annual sales of $15.6 billion. Federated operates more than 450 stores in 34 states, Guam and Puerto Rico under the names of Macy's and Bloomingdale's. The company also operates macys.com and Bloomingdale's By Mail.</p><p>About Amazon.com</p><p>Amazon.com, Inc., (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven retail Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward-Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>CONTACT: Amazon.comMolly Ingle, 206-266-7180ingle@amazon.comSOURCE: Amazon Services, Inc.</p> |
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Fast-Growing Specialty Apparel Retailer bebe Chooses Amazon Services for End-to-End E-Commerce Solution | /news/news-details/2005/Fast-Growing-Specialty-Apparel-Retailer-bebe-Chooses-Amazon-Services-for-End-to-End-E-Commerce-Solution/default.aspx | Fast-Growing-Specialty-Apparel-Retailer-bebe-Chooses-Amazon-Services-for-End-to-End-E-Commerce-Solution | 4,685 | 04/25/2005 16:01:00 | Fast-Growing Specialty Apparel Retailer bebe Chooses Amazon Services for End-to-End E-Commerce Solution | 04/25/2005 | 2005 | Amazon Services to Provide Technology, Customer Service, and Order Fulfillment For bebe.com
SEATTLE & BRISBANE, Calif.--(BUSINESS WIRE)--April 25, 2005--Amazon Services, Inc., a subsidiary of Amazon.com (NASDAQ:AMZN), and bebe stores, inc. (NASDAQ:BEBE) today announced that Amazon Services will power the fast-growing specialty apparel retailer's direct to consumer channel. Under the agreement, Amazon Services will provide the technology platform, fulfillment center and multi-channel call center operations for bebe.com. bebe will maintain control over their brand and online business through a suite of site management tools.
"As announced last week, our direct sales channel grew 95% in the third quarter," said Barbara Wambach, bebe's Chief Administrative Officer. "We evaluated several alternatives to achieve a "best-in-class" and scalable solution to support the growth of bebe.com, direct mail, and our Loyalty Program. We chose Amazon Services as we share a common customer focus, e-commerce excellence and best-in-class customer service. With this agreement, we realize world class scalable operations to support the growth of our direct initiatives and can continue to focus on building and extending our brand."
Amazon Services will build a new private label bebe.com website on Amazon's back-end technology and provide bebe with tools to manage the content of the site. This will offer bebe's online customers an experience that combines the distinctive bebe brand with Amazon's proven shopping features. Phone sales, customer service, and order fulfillment for bebe's online sales channel will be operated by Amazon's global network of fulfillment and customer service centers.
"We are excited to be working with one of the apparel industry's fastest-growing brands," said Mark Stabingas, Amazon Services Senior Vice President. "We believe that through this partnership we can help bebe take what is already a growing online business to the next level of success."
About Amazon Services, Inc.
Amazon Services, Inc., a subsidiary of Amazon.com, Inc. (NASDAQ:AMZN), provides world-class service to retailers and their customers through a suite of innovative service offerings from discovery through delivery. This includes technology, hosting, customer service, direct to consumer fulfillment, and transportation solutions that are tailored to support and enhance their brand and customer experience. Amazon Services powers the e-commerce channels for Target, NBA.com, Toys 'R' Us, The Bombay Company, Diane von Furstenberg, Borders.com, CD Now, and others.
Amazon Forward-Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
About bebe stores, inc.
bebe stores, inc. designs, develops and produces a distinctive line of contemporary women's apparel and accessories, which it markets under the bebe, BEBE SPORT and bebe O brand names. bebe currently operates 209 stores, of which 179 are bebe stores and 30 are BEBE SPORT stores. These stores are located in the United States, Puerto Rico and Canada. In addition, we have an online store at www.bebe.com.
bebe Forward-Looking Statement
The statements in this news release, other than the historical financial information, contain forward-looking statements that involve risks and uncertainties that could cause actual results to differ from anticipated results. Wherever used, the words "expect," "plan," "anticipate," "believe" and similar expressions identify forward-looking statements. Any such forward-looking statements are subject to risks and uncertainties and the company's future results of operations could differ materially from historical results or current expectations. Some of these risks include, without limitation, miscalculation of the demand for our products, effective management of our growth, decline in comparable store sales performance, ongoing competitive pressures in the apparel industry, changes in the level of consumer spending or preferences in apparel, loss of key personnel, difficulties in manufacturing, disruption of supply or adverse economic conditions, and/or other factors that may be described in the company's annual report on Form 10-K and/or other filings with the Securities and Exchange Commission. Future economic and industry trends that could potentially impact revenues and profitability are difficult to predict.
CONTACT: Amazon Services, Inc.Amazon Media Hotline, 206-266-7180orbebe stores, inc.Walter Park, 415-269-8492SOURCE: Amazon Services, Inc. | <p>Amazon Services to Provide Technology, Customer Service, and Order Fulfillment For bebe.com</p><p>SEATTLE & BRISBANE, Calif.--(BUSINESS WIRE)--April 25, 2005--Amazon Services, Inc., a subsidiary of Amazon.com (NASDAQ:AMZN), and bebe stores, inc. (NASDAQ:BEBE) today announced that Amazon Services will power the fast-growing specialty apparel retailer's direct to consumer channel. Under the agreement, Amazon Services will provide the technology platform, fulfillment center and multi-channel call center operations for bebe.com. bebe will maintain control over their brand and online business through a suite of site management tools.</p><p>"As announced last week, our direct sales channel grew 95% in the third quarter," said Barbara Wambach, bebe's Chief Administrative Officer. "We evaluated several alternatives to achieve a "best-in-class" and scalable solution to support the growth of bebe.com, direct mail, and our Loyalty Program. We chose Amazon Services as we share a common customer focus, e-commerce excellence and best-in-class customer service. With this agreement, we realize world class scalable operations to support the growth of our direct initiatives and can continue to focus on building and extending our brand."</p><p>Amazon Services will build a new private label bebe.com website on Amazon's back-end technology and provide bebe with tools to manage the content of the site. This will offer bebe's online customers an experience that combines the distinctive bebe brand with Amazon's proven shopping features. Phone sales, customer service, and order fulfillment for bebe's online sales channel will be operated by Amazon's global network of fulfillment and customer service centers.</p><p>"We are excited to be working with one of the apparel industry's fastest-growing brands," said Mark Stabingas, Amazon Services Senior Vice President. "We believe that through this partnership we can help bebe take what is already a growing online business to the next level of success."</p><p>About Amazon Services, Inc.</p><p>Amazon Services, Inc., a subsidiary of Amazon.com, Inc. (NASDAQ:AMZN), provides world-class service to retailers and their customers through a suite of innovative service offerings from discovery through delivery. This includes technology, hosting, customer service, direct to consumer fulfillment, and transportation solutions that are tailored to support and enhance their brand and customer experience. Amazon Services powers the e-commerce channels for Target, NBA.com, Toys 'R' Us, The Bombay Company, Diane von Furstenberg, Borders.com, CD Now, and others.</p><p>Amazon Forward-Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>About bebe stores, inc.</p><p>bebe stores, inc. designs, develops and produces a distinctive line of contemporary women's apparel and accessories, which it markets under the bebe, BEBE SPORT and bebe O brand names. bebe currently operates 209 stores, of which 179 are bebe stores and 30 are BEBE SPORT stores. These stores are located in the United States, Puerto Rico and Canada. In addition, we have an online store at www.bebe.com.</p><p>bebe Forward-Looking Statement</p><p>The statements in this news release, other than the historical financial information, contain forward-looking statements that involve risks and uncertainties that could cause actual results to differ from anticipated results. Wherever used, the words "expect," "plan," "anticipate," "believe" and similar expressions identify forward-looking statements. Any such forward-looking statements are subject to risks and uncertainties and the company's future results of operations could differ materially from historical results or current expectations. Some of these risks include, without limitation, miscalculation of the demand for our products, effective management of our growth, decline in comparable store sales performance, ongoing competitive pressures in the apparel industry, changes in the level of consumer spending or preferences in apparel, loss of key personnel, difficulties in manufacturing, disruption of supply or adverse economic conditions, and/or other factors that may be described in the company's annual report on Form 10-K and/or other filings with the Securities and Exchange Commission. Future economic and industry trends that could potentially impact revenues and profitability are difficult to predict.</p><p>CONTACT: Amazon Services, Inc.Amazon Media Hotline, 206-266-7180orbebe stores, inc.Walter Park, 415-269-8492SOURCE: Amazon Services, Inc.</p> |
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Amazon.com and Columbia Records Offer Exclusive Opportunity to See Bruce Springsteen Perform Live in Europe; Visitors to Amazon.com Can Enter to Win a Trip to See Springsteen Perform in Paris on the ``Devils & Dust'' Tour | /news/news-details/2005/Amazon.com-and-Columbia-Records-Offer-Exclusive-Opportunity-to-See-Bruce-Springsteen-Perform-Live-in-Europe-Visitors-to-Amazon.com-Can-Enter-to-Win-a-Trip-to-See-Springsteen-Perform-in-Paris-on-the-Devils--Dust-Tour/default.aspx | Amazon.com-and-Columbia-Records-Offer-Exclusive-Opportunity-to-See-Bruce-Springsteen-Perform-Live-in-Europe-Visitors-to-Amazon.com-Can-Enter-to-Win-a-Trip-to-See-Springsteen-Perform-in-Paris-on-the-Devils--Dust-Tour | 4,689 | 04/25/2005 09:20:00 | Amazon.com and Columbia Records Offer Exclusive Opportunity to See Bruce Springsteen Perform Live in Europe; Visitors to Amazon.com Can Enter to Win a Trip to See Springsteen Perform in Paris on the ``Devils & Dust'' Tour | 04/25/2005 | 2005 | SEATTLE--(BUSINESS WIRE)--April 25, 2005--Amazon Services, Inc., an Amazon.com company (www.amazon.com), and Columbia Records today announced they will be sending one person and a guest to Paris to see Bruce Springsteen perform live in concert on his "Devils & Dust" solo tour. Starting today through May 20, 2005, visitors to Amazon.com can enter the exclusive "Bruce Springsteen in Europe" sweepstakes to win a prize package including roundtrip airfare for two, two nights' hotel accommodations, and two tickets to Springsteen's June 20 concert at The Palais Omnisports de Paris Bercy, an architectural marvel among concert and sporting venues. More information can be found at www.amazon.com/brucesweepstakes.
"Devils & Dust," which releases April 26, 2005, is Springsteen's first studio album since 2002's "The Rising." Amazon is offering customers who order the album immediate access to a three-song audio stream of the title track, "Devils & Dust," as well as "All I'm Thinkin' About" and "The Hitter" through June 1, 2005. "Devils & Dust" has been one of the top-selling CDs on Amazon.com since becoming available for advance order in late February, and is currently ranked No. 1 on Amazon.com's Music Top Sellers list. The album is offered at Amazon.com for $13.49, a savings of more than 25 percent.
"Bruce Springsteen is one of the top-selling artists of all time at Amazon.com, and we're thrilled to team with Columbia Records to offer our customers the chance to see him perform in concert in such an amazing city and venue," said Jeff Somers, group merchandising manager for Amazon.com's Music Store. "Bruce hasn't done a solo tour in nearly 10 years, so this is a rare opportunity to enjoy his talents in a more intimate setting."
The acoustic "Devils & Dust" tour, which kicks off tonight in Detroit, Michigan, is only Springsteen's second-ever solo outing. The tour's international leg starts May 24 in Dublin, Ireland.
"Devils & Dust" is being released in the new Dual Disc format, where a double-sided CD allows the listener to hear the album and then flip the disc over to play DVD content. The DVD side includes rare, never-before-seen acoustic performances of "Devils & Dust," "Long Time Comin'," "Reno," "All I'm Thinkin' About" and "Matamoras Banks," as well as Springsteen's personal introductions to the songs.
The "Bruce Springsteen in Europe" sweepstakes is open to United States residents who are legal adults in their state of residence and hold a valid U.S. passport at time of entry. No purchase is necessary to enter. Entry forms must be received by May 20, 2005. Only one entry per person is permitted. The winner will be selected at random. The full rules and entry form can be found at www.amazon.com/brucesweepstakes. Void where prohibited.
About Amazon.com
Amazon.com, Inc., (Nasdaq: AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
CONTACT: Amazon.com Media RelationsKristin Mariani, 206-266-7180SOURCE: Amazon.com | <p>SEATTLE--(BUSINESS WIRE)--April 25, 2005--Amazon Services, Inc., an Amazon.com company (www.amazon.com), and Columbia Records today announced they will be sending one person and a guest to Paris to see Bruce Springsteen perform live in concert on his "Devils & Dust" solo tour. Starting today through May 20, 2005, visitors to Amazon.com can enter the exclusive "Bruce Springsteen in Europe" sweepstakes to win a prize package including roundtrip airfare for two, two nights' hotel accommodations, and two tickets to Springsteen's June 20 concert at The Palais Omnisports de Paris Bercy, an architectural marvel among concert and sporting venues. More information can be found at www.amazon.com/brucesweepstakes.</p><p>"Devils & Dust," which releases April 26, 2005, is Springsteen's first studio album since 2002's "The Rising." Amazon is offering customers who order the album immediate access to a three-song audio stream of the title track, "Devils & Dust," as well as "All I'm Thinkin' About" and "The Hitter" through June 1, 2005. "Devils & Dust" has been one of the top-selling CDs on Amazon.com since becoming available for advance order in late February, and is currently ranked No. 1 on Amazon.com's Music Top Sellers list. The album is offered at Amazon.com for $13.49, a savings of more than 25 percent.</p><p>"Bruce Springsteen is one of the top-selling artists of all time at Amazon.com, and we're thrilled to team with Columbia Records to offer our customers the chance to see him perform in concert in such an amazing city and venue," said Jeff Somers, group merchandising manager for Amazon.com's Music Store. "Bruce hasn't done a solo tour in nearly 10 years, so this is a rare opportunity to enjoy his talents in a more intimate setting."</p><p>The acoustic "Devils & Dust" tour, which kicks off tonight in Detroit, Michigan, is only Springsteen's second-ever solo outing. The tour's international leg starts May 24 in Dublin, Ireland.</p><p>"Devils & Dust" is being released in the new Dual Disc format, where a double-sided CD allows the listener to hear the album and then flip the disc over to play DVD content. The DVD side includes rare, never-before-seen acoustic performances of "Devils & Dust," "Long Time Comin'," "Reno," "All I'm Thinkin' About" and "Matamoras Banks," as well as Springsteen's personal introductions to the songs.</p><p>The "Bruce Springsteen in Europe" sweepstakes is open to United States residents who are legal adults in their state of residence and hold a valid U.S. passport at time of entry. No purchase is necessary to enter. Entry forms must be received by May 20, 2005. Only one entry per person is permitted. The winner will be selected at random. The full rules and entry form can be found at www.amazon.com/brucesweepstakes. Void where prohibited.</p><p>About Amazon.com</p><p>Amazon.com, Inc., (Nasdaq: AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>CONTACT: Amazon.com Media RelationsKristin Mariani, 206-266-7180SOURCE: Amazon.com</p> |
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OshKosh B'Gosh Chooses Amazon Services E-Commerce Solution | /news/news-details/2005/OshKosh-BGosh-Chooses-Amazon-Services-E-Commerce-Solution/default.aspx | OshKosh-BGosh-Chooses-Amazon-Services-E-Commerce-Solution | 4,692 | 04/21/2005 08:32:00 | OshKosh B'Gosh Chooses Amazon Services E-Commerce Solution | 04/21/2005 | 2005 | Retail Website of Premier Children's Apparel and Accessories Brand to Be Built on Amazon Technology
SEATTLE & OSHKOSH, Wis.--(BUSINESS WIRE)--April 21, 2005--Amazon Services, Inc. and OshKosh B'Gosh, Inc. (Nasdaq:GOSHA) today announced that OshKosh B'Gosh will use the Amazon Services enterprise solution for its online offering. Under their multi-year agreement, Amazon Services will build and maintain a private label OshKosh B'Gosh branded website backed by Amazon technology. Amazon Services, Inc. is a subsidiary of Amazon.com, Inc. (Nasdaq:AMZN).
"We sought an e-commerce partner that could embrace the OshKosh B'Gosh brand while pushing it forward with features that are the latest in e-commerce technology, which is why we chose Amazon Services," said Paul Lowry, OshKosh B'Gosh Vice President Corporate Retail.
Amazon Services will host the OshKosh B'Gosh website and use Amazon's technology to give OshKosh B'Gosh control over their brand, the customer experience, and their online business. Amazon shopping technology such as 1-Click(R) checkout, Search and Navigation, Personalization, Ordering and Payments, Wish Lists and Recommendations will also be available to OshKosh B'Gosh's online customers.
"We are pleased that OshKosh B'Gosh chose Amazon Services for its e-commerce technology solution," said Amazon Services Vice President Tom Beckwith. "We look forward to creating an online offering that mirrors OshKosh B'Gosh's longstanding commitment to style, durability, and quality."
About Amazon Services, Inc.
Amazon Services, Inc. is a subsidiary of Amazon.com, Inc. (Nasdaq:AMZN) that offers the technical platform, operational capabilities and online retailing expertise that power Amazon.com, Target.com, The Bombay Company, NBA.com Store, and other leading retail sites seeking a world-class, cost effective e-commerce offering for their customers.
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
About OshKosh B'Gosh, Inc.
OshKosh B'Gosh, Inc. is best known as a premier marketer of quality children's apparel and accessories, available in over 50 countries around the world. The Company is headquartered in OshKosh, Wisconsin. For more information on OshKosh B'Gosh, please visit: www.oshkoshbgosh.com.
CONTACT: Amazon Services, Inc.Amazon Media Hotline, 206-266-7180SOURCE: Amazon Services, Inc. | <p>Retail Website of Premier Children's Apparel and Accessories Brand to Be Built on Amazon Technology</p><p>SEATTLE & OSHKOSH, Wis.--(BUSINESS WIRE)--April 21, 2005--Amazon Services, Inc. and OshKosh B'Gosh, Inc. (Nasdaq:GOSHA) today announced that OshKosh B'Gosh will use the Amazon Services enterprise solution for its online offering. Under their multi-year agreement, Amazon Services will build and maintain a private label OshKosh B'Gosh branded website backed by Amazon technology. Amazon Services, Inc. is a subsidiary of Amazon.com, Inc. (Nasdaq:AMZN).</p><p>"We sought an e-commerce partner that could embrace the OshKosh B'Gosh brand while pushing it forward with features that are the latest in e-commerce technology, which is why we chose Amazon Services," said Paul Lowry, OshKosh B'Gosh Vice President Corporate Retail.</p><p>Amazon Services will host the OshKosh B'Gosh website and use Amazon's technology to give OshKosh B'Gosh control over their brand, the customer experience, and their online business. Amazon shopping technology such as 1-Click(R) checkout, Search and Navigation, Personalization, Ordering and Payments, Wish Lists and Recommendations will also be available to OshKosh B'Gosh's online customers.</p><p>"We are pleased that OshKosh B'Gosh chose Amazon Services for its e-commerce technology solution," said Amazon Services Vice President Tom Beckwith. "We look forward to creating an online offering that mirrors OshKosh B'Gosh's longstanding commitment to style, durability, and quality."</p><p>About Amazon Services, Inc.</p><p>Amazon Services, Inc. is a subsidiary of Amazon.com, Inc. (Nasdaq:AMZN) that offers the technical platform, operational capabilities and online retailing expertise that power Amazon.com, Target.com, The Bombay Company, NBA.com Store, and other leading retail sites seeking a world-class, cost effective e-commerce offering for their customers.</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>About OshKosh B'Gosh, Inc.</p><p>OshKosh B'Gosh, Inc. is best known as a premier marketer of quality children's apparel and accessories, available in over 50 countries around the world. The Company is headquartered in OshKosh, Wisconsin. For more information on OshKosh B'Gosh, please visit: www.oshkoshbgosh.com.</p><p>CONTACT: Amazon Services, Inc.Amazon Media Hotline, 206-266-7180SOURCE: Amazon Services, Inc.</p> |
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Amazon Services Europe and Leading United Kingdom Retailer Marks & Spencer Form E-Commerce Alliance | /news/news-details/2005/Amazon-Services-Europe-and-Leading-United-Kingdom-Retailer-Marks--Spencer-Form-E-Commerce-Alliance/default.aspx | Amazon-Services-Europe-and-Leading-United-Kingdom-Retailer-Marks--Spencer-Form-E-Commerce-Alliance | 4,694 | 04/19/2005 06:31:00 | Amazon Services Europe and Leading United Kingdom Retailer Marks & Spencer Form E-Commerce Alliance | 04/19/2005 | 2005 | SEATTLE & LONDON--(BUSINESS WIRE)--April 19, 2005--Amazon Services Europe, Inc., a subsidiary of Amazon.com, Inc. (Nasdaq:AMZN), and leading United Kingdom retailer Marks & Spencer today announced an e-commerce alliance.
Under the terms of the agreement, Amazon Services Europe will host and provide the technology behind the Marks & Spencer branded website and its in-store and telephone ordering and customer services systems. Marks & Spencer will remain responsible for the management of its website, customer service operations, warehousing and distribution.
"Marks & Spencer already has a successful website with over 24 million visits every year, but our e-commerce and customer ordering capabilities have yet to reach their full potential. A partnership with Amazon will help us achieve this, while allowing us to concentrate on our core business of retailing," said Steven Sharp, Director, Marketing & e-commerce, Marks & Spencer.
When the first phase of work is completed in early summer 2006, Marks & Spencer customers will benefit from the development of an integrated ordering service, whether they choose to buy products in-store, online or by telephone.
"We look forward to sharing our e-commerce expertise with Marks & Spencer to enable them to focus on branding and merchandising," said Mark Stabingas, Amazon Services Senior Vice President for Worldwide Business Development and Services Sales. "Our goal is to provide Marks & Spencer customers with a true multi-channel experience, regardless of how they choose to shop for or order merchandise."
The alliance with Marks & Spencer signifies Amazon Services' entrance into the European enterprise retail services market. In the U.S., Amazon Services powers the e-commerce channels for Target, NBA.com, Toys 'R' Us, The Bombay Company, Diane von Furstenberg, Borders.com, and CD Now.
About Amazon Services Europe
The newly-formed alliance with Marks & Spencer signifies the entry of Amazon Services Europe into the European enterprise retail services market. The Luxembourg-based subsidiary, Amazon Services Europe, provides world class service to retailers and their customers through a suite of innovative service offerings from discovery through delivery. This includes technology, hosting, customer service, direct to consumer fulfillment, and transportation solutions that are tailored to support and enhance their brand and customer experience.
About Marks & Spencer
Marks & Spencer is one of the UK's leading retailers of clothes, food and home products. Some 10 million people shop with Marks & Spencer each week at its 400 stores. Marks & Spencer employs around 66,000 people in UK. In addition, Marks & Spencer has around 160 stores managed under franchise in 27 territories mostly in Europe, the Middle East, Asia and the Far East along with wholly owned stores in the Republic of Ireland and Hong Kong. Marks & Spencer also owns the US supermarket group, Kings Super Markets.
Forward-Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
CONTACT: Amazon Media Hotline, 206-266-7180orMarks & SpencerCorporate Press Office, 020 8718 1919SOURCE: Amazon.com, Inc. | <p>SEATTLE & LONDON--(BUSINESS WIRE)--April 19, 2005--Amazon Services Europe, Inc., a subsidiary of Amazon.com, Inc. (Nasdaq:AMZN), and leading United Kingdom retailer Marks & Spencer today announced an e-commerce alliance.</p><p>Under the terms of the agreement, Amazon Services Europe will host and provide the technology behind the Marks & Spencer branded website and its in-store and telephone ordering and customer services systems. Marks & Spencer will remain responsible for the management of its website, customer service operations, warehousing and distribution.</p><p>"Marks & Spencer already has a successful website with over 24 million visits every year, but our e-commerce and customer ordering capabilities have yet to reach their full potential. A partnership with Amazon will help us achieve this, while allowing us to concentrate on our core business of retailing," said Steven Sharp, Director, Marketing & e-commerce, Marks & Spencer.</p><p>When the first phase of work is completed in early summer 2006, Marks & Spencer customers will benefit from the development of an integrated ordering service, whether they choose to buy products in-store, online or by telephone.</p><p>"We look forward to sharing our e-commerce expertise with Marks & Spencer to enable them to focus on branding and merchandising," said Mark Stabingas, Amazon Services Senior Vice President for Worldwide Business Development and Services Sales. "Our goal is to provide Marks & Spencer customers with a true multi-channel experience, regardless of how they choose to shop for or order merchandise."</p><p>The alliance with Marks & Spencer signifies Amazon Services' entrance into the European enterprise retail services market. In the U.S., Amazon Services powers the e-commerce channels for Target, NBA.com, Toys 'R' Us, The Bombay Company, Diane von Furstenberg, Borders.com, and CD Now.</p><p>About Amazon Services Europe</p><p>The newly-formed alliance with Marks & Spencer signifies the entry of Amazon Services Europe into the European enterprise retail services market. The Luxembourg-based subsidiary, Amazon Services Europe, provides world class service to retailers and their customers through a suite of innovative service offerings from discovery through delivery. This includes technology, hosting, customer service, direct to consumer fulfillment, and transportation solutions that are tailored to support and enhance their brand and customer experience.</p><p>About Marks & Spencer</p><p>Marks & Spencer is one of the UK's leading retailers of clothes, food and home products. Some 10 million people shop with Marks & Spencer each week at its 400 stores. Marks & Spencer employs around 66,000 people in UK. In addition, Marks & Spencer has around 160 stores managed under franchise in 27 territories mostly in Europe, the Middle East, Asia and the Far East along with wholly owned stores in the Republic of Ireland and Hong Kong. Marks & Spencer also owns the US supermarket group, Kings Super Markets.</p><p>Forward-Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>CONTACT: Amazon Media Hotline, 206-266-7180orMarks & SpencerCorporate Press Office, 020 8718 1919SOURCE: Amazon.com, Inc.</p> |
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Amazon.com and the Tribeca Film Festival Debut Tribeca Screening Room for Short-Film Competition -- More Than 1,000 Films Submitted | /news/news-details/2005/Amazon.com-and-the-Tribeca-Film-Festival-Debut-Tribeca-Screening-Room-for-Short-Film-Competition----More-Than-1000-Films-Submitted/default.aspx | Amazon.com-and-the-Tribeca-Film-Festival-Debut-Tribeca-Screening-Room-for-Short-Film-Competition----More-Than-1000-Films-Submitted | 4,695 | 04/18/2005 09:19:00 | Amazon.com and the Tribeca Film Festival Debut Tribeca Screening Room for Short-Film Competition -- More Than 1,000 Films Submitted | 04/18/2005 | 2005 | SEATTLE--(BUSINESS WIRE)--April 18, 2005-- Millions of Amazon.com Customers Can Rate Films Alongside Celebrity Reviewers including Gwyneth Paltrow, David Duchovny, Ice Cube and Donald Sutherland
Amazon.com, Inc. (Nasdaq:AMZN), the Tribeca Film Festival and its founding partner American Express today announced the debut of the Tribeca Screening Room (www.amazon.com/screeningroom) for the Amazon Theater/Tribeca Film Festival Short-Film Competition, where millions of Amazon.com customers will have the opportunity to rate as many short films as they would like using the Amazon.com star rating system. Customers will also be invited to read comments about selected films by celebrity reviewers including:
-- Gwyneth Paltrow (Academy Award-winning actress, "Shakespeare in Love," "The World of Tomorrow")-- David Duchovny (Golden Globe Award-winning actor, writer and director, "The X-Files," "Kalifornia")-- Ice Cube (Rapper, actor and producer, "Friday," "Boyz n the Hood," "Are We There Yet")-- Donald Sutherland (Award-winning actor, "Ordinary People," "Backdraft," "JFK," "The Italian Job")-- Taylor Hackford (Academy Award-winning director, producer, "An Officer and a Gentleman, "Ray")-- John Hamburg (Writer, director, "Meet the Parents," "Zoolander," "Along Came Polly," "Meet the Fockers")-- Stanley Tucci (Award-winning actor, writer, director and producer, "Big Night," "Road to Perdition," and "Sidewalks of New York")
Amazon.com, in partnership with Tribeca Film Festival and its founding partner American Express, developed this innovative online film competition in recognition of the critical role that short films have played in the broader filmmaking world. More than 1,000 films were submitted over a period of less than six weeks.
"Now it's time for Amazon.com customers to select our five finalists in our search for the next great filmmaker," said Kathy Savitt, Amazon.com's vice president of Strategic Communications, Content and Initiatives. "This is the only film competition of its kind in which millions of film lovers can decide the winner."
"The Tribeca Film Festival is about bringing film to the widest possible audience, and this competition will greatly expand the reach of the Festival and bring short film to new audiences as well as involve Amazon.com customers in the process of judging films," said Jennifer Maguire Isham, president of the Tribeca Film Festival.
When customers visit the Tribeca Screening Room at Amazon.com, they will take part in a search for the next great short-film maker by viewing and rating randomly-selected films. The last day to rate the films in the Tribeca Screening Room is May 20. At the end of May, the five films with the highest ratings will be featured on the Amazon.com welcome page over a period of four weeks. Again, Amazon.com customers will rate the five finalists to determine the overall winner of the Amazon Theater/Tribeca Film Festival Short-Film Competition.
Each time a customer rates a film, he or she is automatically entered to win a trip to New York City to attend the exclusive premiere of the five finalist films at Tribeca Cinemas. Ten first-prize winners will receive a copy of the Martin Scorsese Collection DVD box-set, collector's edition, and a 2005 Tribeca Film Festival poster signed by Tribeca Film Festival jurors. In early July, the grand-prize winning filmmaker will be announced, and will receive a grant of $50,000 for their next film in the form of an American Express prepaid card.
The Amazon Theater/Tribeca Film Festival Short-Film Competition was designed by Amazon.com for filmmakers and film lovers, and is an important part of the company's continued dedication to being a destination for exclusive content and products. From the Tribeca Screening Room, customers can visit The Tribeca Collection, an online boutique highlighting products and content selected by Tribeca Film Festival founders, organizers and jurors. Additionally, celebrity reviewers will have dedicated boutiques in which their work and content is featured.
Macromedia Flash is the exclusive video format for the Amazon Theater/Tribeca Film Festival Short-film Competition.
About Amazon.com
Amazon.com, Inc., (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
About Tribeca Film Festival
The Tribeca Film Festival was founded by Robert De Niro, Jane Rosenthal and Craig Hatkoff to celebrate New York City as a major filmmaking capital. Tribeca Cinemas, located at 54 Varick Street, was acquired by the Festival founders in 2003 and serves as a year-round venue for the Festival and its related activities.
The 2005 Festival, presented by American Express, will take place from April 19th to May 1st in various locations throughout lower Manhattan. The 2005 Festival will feature special events, outdoor concerts and screenings, a street fair, and panel discussions with noted filmmakers. The 2005 event schedule and program details will be announced at a later date.
American Express is the Founding Sponsor of the Tribeca Film Festival. Part of a multi-year relationship, the sponsorship demonstrates American Express' dedication to the goals of the Festival and the revitalization of lower Manhattan.
CONTACT: Amazon.comJani Baker, 206-266-7180jani@amazon.comorRubenstein Communications/Tribeca Film FestivalSusan Arons, 212-843-8033Amy Jacobs, 212-843-8077SOURCE: Amazon.com, Inc. | <p>SEATTLE--(BUSINESS WIRE)--April 18, 2005-- Millions of Amazon.com Customers Can Rate Films Alongside Celebrity Reviewers including Gwyneth Paltrow, David Duchovny, Ice Cube and Donald Sutherland</p><p>Amazon.com, Inc. (Nasdaq:AMZN), the Tribeca Film Festival and its founding partner American Express today announced the debut of the Tribeca Screening Room (www.amazon.com/screeningroom) for the Amazon Theater/Tribeca Film Festival Short-Film Competition, where millions of Amazon.com customers will have the opportunity to rate as many short films as they would like using the Amazon.com star rating system. Customers will also be invited to read comments about selected films by celebrity reviewers including:</p><p>-- Gwyneth Paltrow (Academy Award-winning actress, "Shakespeare in Love," "The World of Tomorrow")-- David Duchovny (Golden Globe Award-winning actor, writer and director, "The X-Files," "Kalifornia")-- Ice Cube (Rapper, actor and producer, "Friday," "Boyz n the Hood," "Are We There Yet")-- Donald Sutherland (Award-winning actor, "Ordinary People," "Backdraft," "JFK," "The Italian Job")-- Taylor Hackford (Academy Award-winning director, producer, "An Officer and a Gentleman, "Ray")-- John Hamburg (Writer, director, "Meet the Parents," "Zoolander," "Along Came Polly," "Meet the Fockers")-- Stanley Tucci (Award-winning actor, writer, director and producer, "Big Night," "Road to Perdition," and "Sidewalks of New York")</p><p>Amazon.com, in partnership with Tribeca Film Festival and its founding partner American Express, developed this innovative online film competition in recognition of the critical role that short films have played in the broader filmmaking world. More than 1,000 films were submitted over a period of less than six weeks.</p><p>"Now it's time for Amazon.com customers to select our five finalists in our search for the next great filmmaker," said Kathy Savitt, Amazon.com's vice president of Strategic Communications, Content and Initiatives. "This is the only film competition of its kind in which millions of film lovers can decide the winner."</p><p>"The Tribeca Film Festival is about bringing film to the widest possible audience, and this competition will greatly expand the reach of the Festival and bring short film to new audiences as well as involve Amazon.com customers in the process of judging films," said Jennifer Maguire Isham, president of the Tribeca Film Festival.</p><p>When customers visit the Tribeca Screening Room at Amazon.com, they will take part in a search for the next great short-film maker by viewing and rating randomly-selected films. The last day to rate the films in the Tribeca Screening Room is May 20. At the end of May, the five films with the highest ratings will be featured on the Amazon.com welcome page over a period of four weeks. Again, Amazon.com customers will rate the five finalists to determine the overall winner of the Amazon Theater/Tribeca Film Festival Short-Film Competition.</p><p>Each time a customer rates a film, he or she is automatically entered to win a trip to New York City to attend the exclusive premiere of the five finalist films at Tribeca Cinemas. Ten first-prize winners will receive a copy of the Martin Scorsese Collection DVD box-set, collector's edition, and a 2005 Tribeca Film Festival poster signed by Tribeca Film Festival jurors. In early July, the grand-prize winning filmmaker will be announced, and will receive a grant of $50,000 for their next film in the form of an American Express prepaid card.</p><p>The Amazon Theater/Tribeca Film Festival Short-Film Competition was designed by Amazon.com for filmmakers and film lovers, and is an important part of the company's continued dedication to being a destination for exclusive content and products. From the Tribeca Screening Room, customers can visit The Tribeca Collection, an online boutique highlighting products and content selected by Tribeca Film Festival founders, organizers and jurors. Additionally, celebrity reviewers will have dedicated boutiques in which their work and content is featured.</p><p>Macromedia Flash is the exclusive video format for the Amazon Theater/Tribeca Film Festival Short-film Competition.</p><p>About Amazon.com</p><p>Amazon.com, Inc., (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>About Tribeca Film Festival</p><p>The Tribeca Film Festival was founded by Robert De Niro, Jane Rosenthal and Craig Hatkoff to celebrate New York City as a major filmmaking capital. Tribeca Cinemas, located at 54 Varick Street, was acquired by the Festival founders in 2003 and serves as a year-round venue for the Festival and its related activities.</p><p>The 2005 Festival, presented by American Express, will take place from April 19th to May 1st in various locations throughout lower Manhattan. The 2005 Festival will feature special events, outdoor concerts and screenings, a street fair, and panel discussions with noted filmmakers. The 2005 event schedule and program details will be announced at a later date.</p><p>American Express is the Founding Sponsor of the Tribeca Film Festival. Part of a multi-year relationship, the sponsorship demonstrates American Express' dedication to the goals of the Festival and the revitalization of lower Manhattan.</p><p>CONTACT: Amazon.comJani Baker, 206-266-7180jani@amazon.comorRubenstein Communications/Tribeca Film FestivalSusan Arons, 212-843-8033Amy Jacobs, 212-843-8077SOURCE: Amazon.com, Inc.</p> |
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Amazon.com to Webcast First Quarter 2005 Financial Results Conference Call | /news/news-details/2005/Amazon.com-to-Webcast-First-Quarter-2005-Financial-Results-Conference-Call/default.aspx | Amazon.com-to-Webcast-First-Quarter-2005-Financial-Results-Conference-Call | 4,697 | 04/15/2005 16:31:00 | Amazon.com to Webcast First Quarter 2005 Financial Results Conference Call | 04/15/2005 | 2005 | SEATTLE--(BUSINESS WIRE)--April 15, 2005--Amazon.com, Inc. (Nasdaq:AMZN) announced today that it will hold a conference call to discuss its first quarter 2005 financial results on April 26, 2005, at 2:00 p.m. PT/5:00 p.m. ET.
The event will be webcast live, and the audio and associated slides will be available for at least three months thereafter, at www.amazon.com/ir.
CONTACT: Amazon.com Media RelationsPatty Smith, 206-266-7180SOURCE: Amazon.com, Inc. | <p>SEATTLE--(BUSINESS WIRE)--April 15, 2005--Amazon.com, Inc. (Nasdaq:AMZN) announced today that it will hold a conference call to discuss its first quarter 2005 financial results on April 26, 2005, at 2:00 p.m. PT/5:00 p.m. ET.</p><p>The event will be webcast live, and the audio and associated slides will be available for at least three months thereafter, at www.amazon.com/ir.</p><p>CONTACT: Amazon.com Media RelationsPatty Smith, 206-266-7180SOURCE: Amazon.com, Inc.</p> |
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Amazon.com Offers Harry Potter Fans Delivery of "Harry Potter and the Half-Blood Prince'' on the Day It is Released | /news/news-details/2005/Amazon.com-Offers-Harry-Potter-Fans-Delivery-of-Harry-Potter-and-the-Half-Blood-Prince-on-the-Day-It-is-Released/default.aspx | Amazon.com-Offers-Harry-Potter-Fans-Delivery-of-Harry-Potter-and-the-Half-Blood-Prince-on-the-Day-It-is-Released | 4,699 | 04/05/2005 09:04:00 | Amazon.com Offers Harry Potter Fans Delivery of "Harry Potter and the Half-Blood Prince'' on the Day It is Released | 04/05/2005 | 2005 | Amazon.com Teams with UPS and the United States Postal Service to Deliver the Sixth Harry Potter Book to Customers' Doorsteps on Its July 16 Release Date for the Same Price as Standard Shipping
SEATTLE, Apr 05, 2005 (BUSINESS WIRE) -- Once again practicing a little wizardry of its own, Amazon.com (www.amazon.com) has teamed with UPS and the United States Postal Service to deliver "Harry Potter and the Half-Blood Prince," the sixth book in J.K. Rowling's epic Harry Potter series, to excited fans across the country Saturday, July 16 -- the first day the book is available to the public.
For the same price as standard shipping, Amazon.com will be delivering "Harry Potter and the Half-Blood Prince" via UPS and the U.S. Postal Service so that it arrives on customers' doorsteps Saturday, July 16.
"We are thrilled to offer Amazon.com customers the option of guaranteed Saturday delivery for 'Harry Potter and the Half-Blood Prince,' so the book can arrive at their doors on the day it's released," said Greg Greeley, vice president of North American media products for Amazon.com. "Together with UPS and the U.S. Postal Service, we look forward to delighting hundreds of thousands of Harry Potter fans across the country on July 16."
Offered at a 40 percent discount, "Harry Potter and the Half-Blood Prince" became Amazon.com's No. 1 bestselling book within an hour of becoming available for pre-order on December 21, 2004, and has remained atop the bestseller list for 15 consecutive weeks. Working with UPS and the U.S. Postal Service, Amazon.com will ensure these loyal fans don't have to wait an extra minute to immerse themselves in Harry's sixth year at the Hogwart's School of Witchcraft and Wizardry and discover the identity of the half-blood prince.
"UPS is working its magic to ensure Harry Potter fans and Amazon.com customers are nothing less than delighted on July 16," said Grady Hopper, UPS vice president, Strategic Accounts. "The only secret ingredient we'll reveal is the hard work and dedication UPSers have always provided Amazon.com during our longstanding relationship."
"Our employees will make sure that hundreds of thousands of excited fans can enjoy the new book on the day it is released," said Anita Bizzotto, senior vice president and chief marketing officer for the United States Postal Service. "We're delighted to have a role in encouraging so many young people to discover the joy of reading."
For "Harry Potter and the Order of the Phoenix," (Book 5), Amazon.com shipped more than 789,000 copies of the book for delivery starting on its June 21, 2003, release date. Amazon received an unprecedented number of advance orders for "Harry Potter and the Order of the Phoenix," with more 1.3 million pre-orders placed for the book on Amazon Web sites worldwide.
Amazon.com is offering Saturday delivery, for the same price as standard shipping, for orders to addresses within the lower 48 states, and free Saturday delivery for Amazon Prime members. Delivery on July 16, 2005, is guaranteed or Amazon.com will refund the cost of the book. More information can be found at www.amazon.com/hp6_help.
About Amazon.com
Amazon.com, Inc., (Nasdaq: AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
SOURCE: Amazon.com
Amazon.com Media RelationsKristin Mariani, 206-266-7180 | <p>Amazon.com Teams with UPS and the United States Postal Service to Deliver the Sixth Harry Potter Book to Customers' Doorsteps on Its July 16 Release Date for the Same Price as Standard Shipping</p><p>SEATTLE, Apr 05, 2005 (BUSINESS WIRE) -- Once again practicing a little wizardry of its own, Amazon.com (www.amazon.com) has teamed with UPS and the United States Postal Service to deliver "Harry Potter and the Half-Blood Prince," the sixth book in J.K. Rowling's epic Harry Potter series, to excited fans across the country Saturday, July 16 -- the first day the book is available to the public.</p><p>For the same price as standard shipping, Amazon.com will be delivering "Harry Potter and the Half-Blood Prince" via UPS and the U.S. Postal Service so that it arrives on customers' doorsteps Saturday, July 16.</p><p>"We are thrilled to offer Amazon.com customers the option of guaranteed Saturday delivery for 'Harry Potter and the Half-Blood Prince,' so the book can arrive at their doors on the day it's released," said Greg Greeley, vice president of North American media products for Amazon.com. "Together with UPS and the U.S. Postal Service, we look forward to delighting hundreds of thousands of Harry Potter fans across the country on July 16."</p><p>Offered at a 40 percent discount, "Harry Potter and the Half-Blood Prince" became Amazon.com's No. 1 bestselling book within an hour of becoming available for pre-order on December 21, 2004, and has remained atop the bestseller list for 15 consecutive weeks. Working with UPS and the U.S. Postal Service, Amazon.com will ensure these loyal fans don't have to wait an extra minute to immerse themselves in Harry's sixth year at the Hogwart's School of Witchcraft and Wizardry and discover the identity of the half-blood prince.</p><p>"UPS is working its magic to ensure Harry Potter fans and Amazon.com customers are nothing less than delighted on July 16," said Grady Hopper, UPS vice president, Strategic Accounts. "The only secret ingredient we'll reveal is the hard work and dedication UPSers have always provided Amazon.com during our longstanding relationship."</p><p>"Our employees will make sure that hundreds of thousands of excited fans can enjoy the new book on the day it is released," said Anita Bizzotto, senior vice president and chief marketing officer for the United States Postal Service. "We're delighted to have a role in encouraging so many young people to discover the joy of reading."</p><p>For "Harry Potter and the Order of the Phoenix," (Book 5), Amazon.com shipped more than 789,000 copies of the book for delivery starting on its June 21, 2003, release date. Amazon received an unprecedented number of advance orders for "Harry Potter and the Order of the Phoenix," with more 1.3 million pre-orders placed for the book on Amazon Web sites worldwide.</p><p>Amazon.com is offering Saturday delivery, for the same price as standard shipping, for orders to addresses within the lower 48 states, and free Saturday delivery for Amazon Prime members. Delivery on July 16, 2005, is guaranteed or Amazon.com will refund the cost of the book. More information can be found at www.amazon.com/hp6_help.</p><p>About Amazon.com</p><p>Amazon.com, Inc., (Nasdaq: AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>SOURCE: Amazon.com</p><p>Amazon.com Media RelationsKristin Mariani, 206-266-7180</p> |
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Amazon.com Acquires BookSurge LLC | /news/news-details/2005/Amazon.com-Acquires-BookSurge-LLC/default.aspx | Amazon.com-Acquires-BookSurge-LLC | 4,702 | 04/04/2005 07:01:00 | Amazon.com Acquires BookSurge LLC | 04/04/2005 | 2005 | SEATTLE--(BUSINESS WIRE)--April 4, 2005--Leading online retailer Amazon.com, Inc. (Nasdaq:AMZN) today announced it has acquired BookSurge LLC, a global leader in inventory-free book printing and fulfillment, based in Charleston, South Carolina.
BookSurge maintains a catalog of thousands of titles that can be printed on-demand and are available for sale on Amazon.com. BookSurge offers its inventory-free book fulfillment network to publishers through BookSurge Publisher Services and to authors through BookSurge Publishing. In addition, retailers, wholesalers and distributors can leverage the BookSurge Direct wholesale platform.
"Print-on-demand has changed the economics of small-quantity printing, making it possible for books with low and uncertain demand to be profitably produced," said Greg Greeley, vice president of media products for Amazon.com. "BookSurge makes it possible to print books that appeal to targeted audiences, whether it's one copy or one thousand. Our new relationship with BookSurge will provide Amazon customers an ever-expanding selection of titles that are not available through other channels. Thanks to print-on-demand, 'out of print' is out of date."
Some examples of the variety of titles available on demand through BookSurge include foreign-language books such as the Arabic-language version of the international bestseller The Da Vinci Code and Perez and Martina: A Puerto Rican Folktale, by celebrated Latina librarian Pura Belpre. In addition, BookSurge offers selections from New York Times bestselling author Robert Morgan as well as popular non-fiction works, including books produced by the Museum of Modern Art.
Robert Holt, BookSurge's chief executive officer, said, "BookSurge is dedicated to creating better opportunities for authors and publishers, and our new relationship with Amazon.com will allow us to do just that. We are delighted to become a part of the Amazon family and look forward to helping even more publishers and authors find a profitable outlet for their books."
Terms of the acquisition were not disclosed.About BookSurge
Founded in 2000, BookSurge serves thousands of authors, publishers, retailers, distributors and wholesalers by helping to realize potential revenue on out-of-print titles by printing books and fulfilling book orders more affordably. BookSurge sells books worldwide profitably through a robust Global Publishing System (GPS) software platform and a network of affiliates with fulfillment facilities worldwide. Information regarding these services can be located at www.booksurge.com, www.booksurgepublishing.com and www.booksurgepublisherservices.com .
About Amazon.com
Amazon.com, Inc., (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward-Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.
CONTACT: Amazon.comPatty Smith, 206-266-7180orBookSurgeLisa Ryan, 843-579-0000, ext. 134Lisa.ryan@booksurge.comSOURCE: Amazon.com | <p>SEATTLE--(BUSINESS WIRE)--April 4, 2005--Leading online retailer Amazon.com, Inc. (Nasdaq:AMZN) today announced it has acquired BookSurge LLC, a global leader in inventory-free book printing and fulfillment, based in Charleston, South Carolina.</p><p>BookSurge maintains a catalog of thousands of titles that can be printed on-demand and are available for sale on Amazon.com. BookSurge offers its inventory-free book fulfillment network to publishers through BookSurge Publisher Services and to authors through BookSurge Publishing. In addition, retailers, wholesalers and distributors can leverage the BookSurge Direct wholesale platform.</p><p>"Print-on-demand has changed the economics of small-quantity printing, making it possible for books with low and uncertain demand to be profitably produced," said Greg Greeley, vice president of media products for Amazon.com. "BookSurge makes it possible to print books that appeal to targeted audiences, whether it's one copy or one thousand. Our new relationship with BookSurge will provide Amazon customers an ever-expanding selection of titles that are not available through other channels. Thanks to print-on-demand, 'out of print' is out of date."</p><p>Some examples of the variety of titles available on demand through BookSurge include foreign-language books such as the Arabic-language version of the international bestseller The Da Vinci Code and Perez and Martina: A Puerto Rican Folktale, by celebrated Latina librarian Pura Belpre. In addition, BookSurge offers selections from New York Times bestselling author Robert Morgan as well as popular non-fiction works, including books produced by the Museum of Modern Art.</p><p>Robert Holt, BookSurge's chief executive officer, said, "BookSurge is dedicated to creating better opportunities for authors and publishers, and our new relationship with Amazon.com will allow us to do just that. We are delighted to become a part of the Amazon family and look forward to helping even more publishers and authors find a profitable outlet for their books."</p><p>Terms of the acquisition were not disclosed.About BookSurge</p><p>Founded in 2000, BookSurge serves thousands of authors, publishers, retailers, distributors and wholesalers by helping to realize potential revenue on out-of-print titles by printing books and fulfilling book orders more affordably. BookSurge sells books worldwide profitably through a robust Global Publishing System (GPS) software platform and a network of affiliates with fulfillment facilities worldwide. Information regarding these services can be located at www.booksurge.com, www.booksurgepublishing.com and www.booksurgepublisherservices.com .</p><p>About Amazon.com</p><p>Amazon.com, Inc., (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward-Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2004, and all subsequent filings.</p><p>CONTACT: Amazon.comPatty Smith, 206-266-7180orBookSurgeLisa Ryan, 843-579-0000, ext. 134Lisa.ryan@booksurge.comSOURCE: Amazon.com</p> |
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Deadline Approaching for Amazon.com Innovation Award | /news/news-details/2005/Deadline-Approaching-for-Amazon.com-Innovation-Award/default.aspx | Deadline-Approaching-for-Amazon.com-Innovation-Award | 4,704 | 03/31/2005 09:02:00 | Deadline Approaching for Amazon.com Innovation Award | 03/31/2005 | 2005 | Amazon.com Offers Nonprofits Opportunity to Raise Awareness and Receive Up to $1 Million
Mar 31, 2005 (BUSINESS WIRE) -- What: Amazon.com (Nasdaq:AMZN), in partnership with the Center for Social Innovation at Stanford Graduate School of Business, is now accepting applications for the Amazon.com Nonprofit Innovation Award, which recognizes and rewards nonprofit organizations across the U.S. whose innovative approaches effectively improve their communities or the world at large.
How it Works:
-- Innovative nonprofits should visit www.amazon.com/nonprofitinnovation to download and submit their application from now through April 28, 2005.
-- In June of 2005, ten award finalists will be chosen by a distinguished panel, which includes Dr. Henry Kissinger, Muhammad Ali and UNICEF Ambassador Tea Leoni.
-- The ten finalists will have the ability to raise funds and awareness for their programs directly on Amazon.com's Web site. Each of the ten finalists will be featured on their own Amazon.com pages beginning July 19, where customers can contribute directly to their favorite organization(s). In addition, the finalists will be profiled in the Stanford Social Innovation Review.
-- The nonprofit that receives the most in contributions by September 30 will be named the winner of the Amazon.com Nonprofit Innovation Award. A matching grant of up to $1 million from Amazon.com will be awarded to the winner in October 2005.
Who: Amazon.com (Nasdaq:AMZN) is seeking entrants providing a variety of innovative solutions to social problems across the spectrum, from local community organizations to globally focused initiatives. Solutions can range from neighborhood-based groups focused on helping kids stay in school, to organizations that bring immunizations to developing countries. Any nonprofit that has a unique way of tackling and solving problems is encouraged to apply.
Application Deadline: April 28, 2005. More information and applications are available at www.amazon.com/nonprofitinnovation.
Interviews Available:
-- For Amazon.com, contact Sally Fouts at 206-505-8370 or sfouts@mww.com
-- For Stanford Graduate School of Business, contact Kriss Deiglmeier, Executive Director of the Center for Social Innovation, at 650-725-9419 or Deiglmeier_Kriss@gsb.stanford.edu
SOURCE: Amazon.com
Amazon.comSally Fouts, 206-505-8370sfouts@mww.comorStanford Graduate School of BusinessKriss Deiglmeier, 650-725-9419Deiglmeier_Kriss@gsb.stanford.edu | <p>Amazon.com Offers Nonprofits Opportunity to Raise Awareness and Receive Up to $1 Million</p><p>Mar 31, 2005 (BUSINESS WIRE) -- What: Amazon.com (Nasdaq:AMZN), in partnership with the Center for Social Innovation at Stanford Graduate School of Business, is now accepting applications for the Amazon.com Nonprofit Innovation Award, which recognizes and rewards nonprofit organizations across the U.S. whose innovative approaches effectively improve their communities or the world at large.</p><p>How it Works:</p><p>-- Innovative nonprofits should visit www.amazon.com/nonprofitinnovation to download and submit their application from now through April 28, 2005.</p><p>-- In June of 2005, ten award finalists will be chosen by a distinguished panel, which includes Dr. Henry Kissinger, Muhammad Ali and UNICEF Ambassador Tea Leoni.</p><p>-- The ten finalists will have the ability to raise funds and awareness for their programs directly on Amazon.com's Web site. Each of the ten finalists will be featured on their own Amazon.com pages beginning July 19, where customers can contribute directly to their favorite organization(s). In addition, the finalists will be profiled in the Stanford Social Innovation Review.</p><p>-- The nonprofit that receives the most in contributions by September 30 will be named the winner of the Amazon.com Nonprofit Innovation Award. A matching grant of up to $1 million from Amazon.com will be awarded to the winner in October 2005.</p><p>Who: Amazon.com (Nasdaq:AMZN) is seeking entrants providing a variety of innovative solutions to social problems across the spectrum, from local community organizations to globally focused initiatives. Solutions can range from neighborhood-based groups focused on helping kids stay in school, to organizations that bring immunizations to developing countries. Any nonprofit that has a unique way of tackling and solving problems is encouraged to apply.</p><p>Application Deadline: April 28, 2005. More information and applications are available at www.amazon.com/nonprofitinnovation.</p><p>Interviews Available:</p><p>-- For Amazon.com, contact Sally Fouts at 206-505-8370 or sfouts@mww.com</p><p>-- For Stanford Graduate School of Business, contact Kriss Deiglmeier, Executive Director of the Center for Social Innovation, at 650-725-9419 or Deiglmeier_Kriss@gsb.stanford.edu</p><p>SOURCE: Amazon.com</p><p>Amazon.comSally Fouts, 206-505-8370sfouts@mww.comorStanford Graduate School of BusinessKriss Deiglmeier, 650-725-9419Deiglmeier_Kriss@gsb.stanford.edu</p> |
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ADVISORY/Deadline Approaching for Amazon.com Innovation Award | /news/news-details/2005/ADVISORY-Deadline-Approaching-for-Amazon.com-Innovation-Award/default.aspx | ADVISORY-Deadline-Approaching-for-Amazon.com-Innovation-Award | 4,706 | 03/31/2005 00:00:00 | ADVISORY/Deadline Approaching for Amazon.com Innovation Award | 03/31/2005 | 2005 | --(BUSINESS WIRE)--
Amazon.com Offers Nonprofits Opportunity to Raise Awareness and
Receive Up to $1 Million
What: Amazon.com (Nasdaq:AMZN), in partnership with the Center for Social Innovation at Stanford Graduate School of Business, is now accepting applications for the Amazon.com Nonprofit Innovation Award, which recognizes and rewards nonprofit organizations across the U.S. whose innovative approaches effectively improve their communities or the world at large.
How it Works:
-- Innovative nonprofits should visit
www.amazon.com/nonprofitinnovation to download and submit
their application from now through April 28, 2005.
-- In June of 2005, ten award finalists will be chosen by a
distinguished panel, which includes Dr. Henry Kissinger,
Muhammad Ali and UNICEF Ambassador Tea Leoni.
-- The ten finalists will have the ability to raise funds and
awareness for their programs directly on Amazon.com's Web
site. Each of the ten finalists will be featured on their own
Amazon.com pages beginning July 19, where customers can
contribute directly to their favorite organization(s). In
addition, the finalists will be profiled in the Stanford
Social Innovation Review.
-- The nonprofit that receives the most in contributions by
September 30 will be named the winner of the Amazon.com
Nonprofit Innovation Award. A matching grant of up to $1
million from Amazon.com will be awarded to the winner in
October 2005.
Who: Amazon.com (Nasdaq:AMZN) is seeking entrants providing a variety of innovative solutions to social problems across the spectrum, from local community organizations to globally focused initiatives. Solutions can range from neighborhood-based groups focused on helping kids stay in school, to organizations that bring immunizations to developing countries. Any nonprofit that has a unique way of tackling and solving problems is encouraged to apply.
Application Deadline: April 28, 2005. More information and applications are available at www.amazon.com/nonprofitinnovation.
Interviews Available:
-- For Amazon.com, contact Sally Fouts at 206-505-8370 or
sfouts@mww.com
-- For Stanford Graduate School of Business, contact Kriss
Deiglmeier, Executive Director of the Center for Social
Innovation, at 650-725-9419 or
Deiglmeier_Kriss@gsb.stanford.edu
CONTACT: Amazon.com
Sally Fouts, 206-505-8370
sfouts@mww.com
or
Stanford Graduate School of Business
Kriss Deiglmeier, 650-725-9419
Deiglmeier_Kriss@gsb.stanford.edu
SOURCE: Amazon.com | <pre>--(BUSINESS WIRE)-- Amazon.com Offers Nonprofits Opportunity to Raise Awareness and Receive Up to $1 Million</pre><p>What: Amazon.com (Nasdaq:AMZN), in partnership with the Center for Social Innovation at Stanford Graduate School of Business, is now accepting applications for the Amazon.com Nonprofit Innovation Award, which recognizes and rewards nonprofit organizations across the U.S. whose innovative approaches effectively improve their communities or the world at large.</p><pre> How it Works: -- Innovative nonprofits should visit www.amazon.com/nonprofitinnovation to download and submit their application from now through April 28, 2005. -- In June of 2005, ten award finalists will be chosen by a distinguished panel, which includes Dr. Henry Kissinger, Muhammad Ali and UNICEF Ambassador Tea Leoni. -- The ten finalists will have the ability to raise funds and awareness for their programs directly on Amazon.com's Web site. Each of the ten finalists will be featured on their own Amazon.com pages beginning July 19, where customers can contribute directly to their favorite organization(s). In addition, the finalists will be profiled in the Stanford Social Innovation Review. -- The nonprofit that receives the most in contributions by September 30 will be named the winner of the Amazon.com Nonprofit Innovation Award. A matching grant of up to $1 million from Amazon.com will be awarded to the winner in October 2005.</pre><p>Who: Amazon.com (Nasdaq:AMZN) is seeking entrants providing a variety of innovative solutions to social problems across the spectrum, from local community organizations to globally focused initiatives. Solutions can range from neighborhood-based groups focused on helping kids stay in school, to organizations that bring immunizations to developing countries. Any nonprofit that has a unique way of tackling and solving problems is encouraged to apply.</p><p>Application Deadline: April 28, 2005. More information and applications are available at www.amazon.com/nonprofitinnovation.</p><pre> Interviews Available: -- For Amazon.com, contact Sally Fouts at 206-505-8370 or sfouts@mww.com -- For Stanford Graduate School of Business, contact Kriss Deiglmeier, Executive Director of the Center for Social Innovation, at 650-725-9419 or Deiglmeier_Kriss@gsb.stanford.edu CONTACT: Amazon.com Sally Fouts, 206-505-8370 sfouts@mww.com or Stanford Graduate School of Business Kriss Deiglmeier, 650-725-9419 Deiglmeier_Kriss@gsb.stanford.edu SOURCE: Amazon.com</pre> |
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Amazon.com to Webcast Investor Conference Presentation | /news/news-details/2005/Amazon.com-to-Webcast-Investor-Conference-Presentation-03-11-2005/default.aspx | Amazon.com-to-Webcast-Investor-Conference-Presentation-03-11-2005 | 4,708 | 03/11/2005 16:09:00 | Amazon.com to Webcast Investor Conference Presentation | 03/11/2005 | 2005 | SEATTLE--March 11, 2005--Amazon.com, Inc. (Nasdaq:AMZN) announced today that it will speak at the Banc of America Securities 2005 Consumer Conference in New York on Wednesday, March 16, 2005, at 6:40 a.m. PT/9:40 a.m. ET.
This event will be webcast live, and the audio and associated slides will be available for at least three months thereafter, at www.amazon.com/ir. | <p>SEATTLE--March 11, 2005--Amazon.com, Inc. (Nasdaq:AMZN) announced today that it will speak at the Banc of America Securities 2005 Consumer Conference in New York on Wednesday, March 16, 2005, at 6:40 a.m. PT/9:40 a.m. ET.</p><p>This event will be webcast live, and the audio and associated slides will be available for at least three months thereafter, at www.amazon.com/ir.</p> |
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Amazon, the Tribeca Film Festival and American Express Launch Online Search for Next Great Short-Film Maker | /news/news-details/2005/Amazon-the-Tribeca-Film-Festival-and-American-Express-Launch-Online-Search-for-Next-Great-Short-Film-Maker/default.aspx | Amazon-the-Tribeca-Film-Festival-and-American-Express-Launch-Online-Search-for-Next-Great-Short-Film-Maker | 4,710 | 03/03/2005 11:38:00 | Amazon, the Tribeca Film Festival and American Express Launch Online Search for Next Great Short-Film Maker | 03/03/2005 | 2005 | Amazon.com Customers to Select One Winner to Receive $50,000 for Next Film; Top Five Films to Be Screened at Tribeca Cinemas
NEW YORK--March 3, 2005-- Amazon.com, Inc. (Nasdaq:AMZN) and Tribeca Film Festival founders Robert De Niro, Jane Rosenthal, and Craig Hatkoff, along with Tribeca Film Festival founding partner American Express, today announced the launch of the Amazon Theater/Tribeca Film Festival Short-Film Competition, in recognition of the critical role that short films have played in the broader filmmaking world.
Beginning today through April 13, 2005, Amazon.com will accept short-film submissions for entry into the competition. Filmmakers can submit films that are up to seven minutes in length, according to the rules and instructions found at www.amazon.com/shortfilms.
Amazon.com customers will be able to view the submitted films in the Tribeca Screening Room on the company's Web site, where they will be invited to rate the films on a scale from one to five, using the existing Amazon.com star rating system. Additionally, five celebrity jurors from the Tribeca Film Festival will review selected film submissions alongside Amazon.com customers and provide their commentary on the site.
The five highest-rated films will be screened at Tribeca Cinemas in New York City and will run over a period of four weeks on the Amazon.com home page, which is visited by millions of customers each day. The top filmmaker as rated by Amazon.com customers will receive a grant of $50,000 for his or her next film, which will be awarded in the form of an American Express prepaid card in the amount of $50,000. The winning filmmaker will be announced in early July.
The announcement of this remarkable initiative follows the Amazon Theater program last holiday season, in which five original short films featuring world-class directors and celebrity talent were offered on the site. Extending the Amazon Theater program to emerging filmmakers marks a continuation of Amazon's dedication to becoming a destination for exclusive content and products for customers.
"Amazon.com customers will decide the winner," said Jeff Bezos, founder and CEO of Amazon.com. "Along with the Tribeca Film Festival and American Express, we're excited to showcase short films on the Amazon Web site."
"This is a great initiative to help recognize and reward talented short-film makers," said Robert De Niro, co-founder of the Tribeca Film Festival. "We're very happy to be working with Amazon.com to help identify and support emerging talent."
"American Express is dedicated to the success of the Tribeca Film Festival, and to providing a great forum for filmmakers to showcase their creativity," said John Hayes, chief marketing officer of American Express. "This new relationship with Amazon will help extend the Festival to a whole new audience online and continue to foster the great sense of community of movie fans and filmmakers already established by the Festival."
"We are pleased to provide a new platform to draw attention to new and established filmmaking talent," said Jane Rosenthal, co-founder of the Tribeca Film Festival. "Amazon is the true marketplace of ideas, and an ideal partner for the Tribeca Film Festival as we work to raise the profile of short-film makers. We look forward to supporting this initiative with input from a distinguished panel of celebrity jurors, as well as by providing a variety of content that will be helpful to filmmakers."
"Amazon's extensive online distribution is another great platform for Tribeca to find and present up-and-coming film talent," said Jennifer Maguire, president of the Tribeca Film Festival. "Tribeca prides itself on being an accessible festival for both filmmakers and film enthusiasts, and our partnership with Amazon will reinforce that commitment."
Macromedia Flash will be the exclusive video format for the Amazon Theater Short-film Competition.
About Tribeca Film Festival
The Tribeca Film Festival was founded by Robert De Niro, Jane Rosenthal and Craig Hatkoff to celebrate New York City as a major filmmaking capital. Tribeca Cinemas, located at 54 Varick Street, was acquired by the Festival founders in 2003 and serves as a year-round venue for the Festival and its related activities.
The 2005 Festival, presented by American Express, will take place from April 19th to May 1st in various locations throughout lower Manhattan. The 2005 Festival will feature special events, outdoor concerts and screenings, a street fair, and panel discussions with noted filmmakers. The 2005 event schedule and program details will be announced at a later date.
American Express is the Founding Sponsor of the Tribeca Film Festival. Part of a multi-year relationship, the sponsorship demonstrates American Express' dedication to the goals of the Festival and the revitalization of lower Manhattan.
About Amazon.com
Amazon.com, Inc., (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward-Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2003, and all subsequent filings.
SOURCE: Amazon.com, Inc. | <p>Amazon.com Customers to Select One Winner to Receive $50,000 for Next Film; Top Five Films to Be Screened at Tribeca Cinemas</p><p>NEW YORK--March 3, 2005-- Amazon.com, Inc. (Nasdaq:AMZN) and Tribeca Film Festival founders Robert De Niro, Jane Rosenthal, and Craig Hatkoff, along with Tribeca Film Festival founding partner American Express, today announced the launch of the Amazon Theater/Tribeca Film Festival Short-Film Competition, in recognition of the critical role that short films have played in the broader filmmaking world.</p><p>Beginning today through April 13, 2005, Amazon.com will accept short-film submissions for entry into the competition. Filmmakers can submit films that are up to seven minutes in length, according to the rules and instructions found at www.amazon.com/shortfilms.</p><p>Amazon.com customers will be able to view the submitted films in the Tribeca Screening Room on the company's Web site, where they will be invited to rate the films on a scale from one to five, using the existing Amazon.com star rating system. Additionally, five celebrity jurors from the Tribeca Film Festival will review selected film submissions alongside Amazon.com customers and provide their commentary on the site.</p><p>The five highest-rated films will be screened at Tribeca Cinemas in New York City and will run over a period of four weeks on the Amazon.com home page, which is visited by millions of customers each day. The top filmmaker as rated by Amazon.com customers will receive a grant of $50,000 for his or her next film, which will be awarded in the form of an American Express prepaid card in the amount of $50,000. The winning filmmaker will be announced in early July.</p><p>The announcement of this remarkable initiative follows the Amazon Theater program last holiday season, in which five original short films featuring world-class directors and celebrity talent were offered on the site. Extending the Amazon Theater program to emerging filmmakers marks a continuation of Amazon's dedication to becoming a destination for exclusive content and products for customers.</p><p>"Amazon.com customers will decide the winner," said Jeff Bezos, founder and CEO of Amazon.com. "Along with the Tribeca Film Festival and American Express, we're excited to showcase short films on the Amazon Web site."</p><p>"This is a great initiative to help recognize and reward talented short-film makers," said Robert De Niro, co-founder of the Tribeca Film Festival. "We're very happy to be working with Amazon.com to help identify and support emerging talent."</p><p>"American Express is dedicated to the success of the Tribeca Film Festival, and to providing a great forum for filmmakers to showcase their creativity," said John Hayes, chief marketing officer of American Express. "This new relationship with Amazon will help extend the Festival to a whole new audience online and continue to foster the great sense of community of movie fans and filmmakers already established by the Festival."</p><p>"We are pleased to provide a new platform to draw attention to new and established filmmaking talent," said Jane Rosenthal, co-founder of the Tribeca Film Festival. "Amazon is the true marketplace of ideas, and an ideal partner for the Tribeca Film Festival as we work to raise the profile of short-film makers. We look forward to supporting this initiative with input from a distinguished panel of celebrity jurors, as well as by providing a variety of content that will be helpful to filmmakers."</p><p>"Amazon's extensive online distribution is another great platform for Tribeca to find and present up-and-coming film talent," said Jennifer Maguire, president of the Tribeca Film Festival. "Tribeca prides itself on being an accessible festival for both filmmakers and film enthusiasts, and our partnership with Amazon will reinforce that commitment."</p><p>Macromedia Flash will be the exclusive video format for the Amazon Theater Short-film Competition.</p><p>About Tribeca Film Festival</p><p>The Tribeca Film Festival was founded by Robert De Niro, Jane Rosenthal and Craig Hatkoff to celebrate New York City as a major filmmaking capital. Tribeca Cinemas, located at 54 Varick Street, was acquired by the Festival founders in 2003 and serves as a year-round venue for the Festival and its related activities.</p><p>The 2005 Festival, presented by American Express, will take place from April 19th to May 1st in various locations throughout lower Manhattan. The 2005 Festival will feature special events, outdoor concerts and screenings, a street fair, and panel discussions with noted filmmakers. The 2005 event schedule and program details will be announced at a later date.</p><p>American Express is the Founding Sponsor of the Tribeca Film Festival. Part of a multi-year relationship, the sponsorship demonstrates American Express' dedication to the goals of the Festival and the revitalization of lower Manhattan.</p><p>About Amazon.com</p><p>Amazon.com, Inc., (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as beauty, health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward-Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2003, and all subsequent filings.</p><p>SOURCE: Amazon.com, Inc.</p> |
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Amazon.com Announces New Award for Innovative Nonprofit Organizations | /news/news-details/2005/Amazon.com-Announces-New-Award-for-Innovative-Nonprofit-Organizations/default.aspx | Amazon.com-Announces-New-Award-for-Innovative-Nonprofit-Organizations | 4,712 | 02/15/2005 09:04:00 | Amazon.com Announces New Award for Innovative Nonprofit Organizations | 02/15/2005 | 2005 | Muhammad Ali, Henry Kissinger and Tea Leoni Join Amazon and Stanford Business School to Select Award Finalists
SEATTLE--Feb. 15, 2005-- Amazon.com, Inc. (Nasdaq:AMZN) announced today a nationwide search to discover and reward nonprofit organizations whose innovative approaches and breakthrough solutions most effectively improve their communities or the world at large.
Beginning today, Amazon.com is accepting applications for the Amazon.com Nonprofit Innovation Award from nonprofit organizations across the U.S. at www.amazon.com/nonprofitinnovation.
The Center for Social Innovation at Stanford's Graduate School of Business will partner with Amazon.com to manage this award. The recipient of the Amazon.com Nonprofit Innovation Award will receive a significant grant from Amazon.com, with the grant amount being determined by Amazon.com customers.
"Change starts with ideas," said Jeff Bezos, founder and CEO of Amazon.com. "We are proud to honor those who channel their passion for innovation toward helping others."
The process for selecting the winner of the Amazon.com Nonprofit Innovation Award has three phases:
Stanford Business School's Center for Social Innovation, in conjunction with Amazon.com, will review applications based on established criteria and select a set of semifinalist organizations by May 2005.
In June 2005, a panel will join Amazon to narrow the list to the 10 most effective and compelling programs. Scheduled panelists include sports legend and humanitarian, Muhammad Ali; former United States Secretary of State, Dr. Henry Kissinger; Tea Leoni, actress and National Ambassador to the U.S. Fund for UNICEF; Dr. Lawrance M. Bernabo, one of Amazon.com's leading customer reviewers; Jeff Bradach, managing partner and co-founder of leading U.S. nonprofit consulting firm The Bridgespan Group; James A. Phills, Jr., co-director of the Stanford Center for Social Innovation, and Jeff Bezos.
Amazon.com customers will vote with their pocketbooks. Beginning July 19, 2005, the 10 nonprofit finalist organizations will be profiled on the Amazon.com site, where customers and visitors will be able to make direct online contributions to their favorite organization or organizations. Donations will be accepted through September 30, 2005. The organization that receives the largest total contributions from Amazon customers will be awarded the 2005 Amazon.com Nonprofit Innovation Award, along with a matching grant from Amazon.com. The 2005 honoree will be announced in October 2005.
Applications for the Amazon.com Nonprofit Innovation Award will be evaluated based on the following criteria:
Need: The urgency, relevancy and complexity of the problem the organization seeks to address.
Gap analysis: Clear evidence of a gap between the targeted problem and existing solutions.
Innovation: The extraordinary inventiveness of the solution and how it breaks from traditional approaches.
Results: Clearly defined metrics and a measurable record of improvement for at least two years.
Perpetuation: A well-developed plan for promoting continued innovation.
"When business visionaries turn their attention to philanthropy, remarkable breakthroughs can occur. We are delighted to assist Amazon in analyzing and identifying today's most innovative charitable organizations," said James A. Phills, Jr.
Applications will be accepted through April 28, 2005. Complete details and an online application form are available at www.amazon.com/nonprofitinnovation.
About the Center for Social Innovation
The Stanford Graduate School of Business developed the Center for Social Innovation to foster innovative solutions to social problems by enhancing the leadership, management, and organization capacity of individuals and institutions pursuing the creation of social and environmental value. The Center dissolves traditional sector boundaries by bringing together nonprofit leaders, corporate executives, government officials, and philanthropists to discuss, debate, analyze, and take action to strengthen communities. The center's core activities -- research, teaching and community engagement focus on many thematic areas including corporate social responsibility, social entrepreneurship, environmental sustainability, philanthropy, education, and nonprofit management. www.gsb.stanford.edu/csi/
About Amazon.com
Amazon.com (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2003, and all subsequent filings.
SOURCE: Amazon.com | <p>Muhammad Ali, Henry Kissinger and Tea Leoni Join Amazon and Stanford Business School to Select Award Finalists</p><p>SEATTLE--Feb. 15, 2005-- Amazon.com, Inc. (Nasdaq:AMZN) announced today a nationwide search to discover and reward nonprofit organizations whose innovative approaches and breakthrough solutions most effectively improve their communities or the world at large.</p><p>Beginning today, Amazon.com is accepting applications for the Amazon.com Nonprofit Innovation Award from nonprofit organizations across the U.S. at www.amazon.com/nonprofitinnovation.</p><p>The Center for Social Innovation at Stanford's Graduate School of Business will partner with Amazon.com to manage this award. The recipient of the Amazon.com Nonprofit Innovation Award will receive a significant grant from Amazon.com, with the grant amount being determined by Amazon.com customers.</p><p>"Change starts with ideas," said Jeff Bezos, founder and CEO of Amazon.com. "We are proud to honor those who channel their passion for innovation toward helping others."</p><p>The process for selecting the winner of the Amazon.com Nonprofit Innovation Award has three phases:</p><ol><li>Stanford Business School's Center for Social Innovation, in conjunction with Amazon.com, will review applications based on established criteria and select a set of semifinalist organizations by May 2005.</li><li>In June 2005, a panel will join Amazon to narrow the list to the 10 most effective and compelling programs. Scheduled panelists include sports legend and humanitarian, Muhammad Ali; former United States Secretary of State, Dr. Henry Kissinger; Tea Leoni, actress and National Ambassador to the U.S. Fund for UNICEF; Dr. Lawrance M. Bernabo, one of Amazon.com's leading customer reviewers; Jeff Bradach, managing partner and co-founder of leading U.S. nonprofit consulting firm The Bridgespan Group; James A. Phills, Jr., co-director of the Stanford Center for Social Innovation, and Jeff Bezos.</li><li>Amazon.com customers will vote with their pocketbooks. Beginning July 19, 2005, the 10 nonprofit finalist organizations will be profiled on the Amazon.com site, where customers and visitors will be able to make direct online contributions to their favorite organization or organizations. Donations will be accepted through September 30, 2005. The organization that receives the largest total contributions from Amazon customers will be awarded the 2005 Amazon.com Nonprofit Innovation Award, along with a matching grant from Amazon.com. The 2005 honoree will be announced in October 2005.</li></ol><p>Applications for the Amazon.com Nonprofit Innovation Award will be evaluated based on the following criteria:</p><ul><li>Need: The urgency, relevancy and complexity of the problem the organization seeks to address.</li><li>Gap analysis: Clear evidence of a gap between the targeted problem and existing solutions.</li><li>Innovation: The extraordinary inventiveness of the solution and how it breaks from traditional approaches.</li><li>Results: Clearly defined metrics and a measurable record of improvement for at least two years.</li><li>Perpetuation: A well-developed plan for promoting continued innovation.</li></ul><p>"When business visionaries turn their attention to philanthropy, remarkable breakthroughs can occur. We are delighted to assist Amazon in analyzing and identifying today's most innovative charitable organizations," said James A. Phills, Jr.</p><p>Applications will be accepted through April 28, 2005. Complete details and an online application form are available at www.amazon.com/nonprofitinnovation.</p><p>About the Center for Social Innovation</p><p>The Stanford Graduate School of Business developed the Center for Social Innovation to foster innovative solutions to social problems by enhancing the leadership, management, and organization capacity of individuals and institutions pursuing the creation of social and environmental value. The Center dissolves traditional sector boundaries by bringing together nonprofit leaders, corporate executives, government officials, and philanthropists to discuss, debate, analyze, and take action to strengthen communities. The center's core activities -- research, teaching and community engagement focus on many thematic areas including corporate social responsibility, social entrepreneurship, environmental sustainability, philanthropy, education, and nonprofit management. www.gsb.stanford.edu/csi/</p><p>About Amazon.com</p><p>Amazon.com (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2003, and all subsequent filings.</p><p>SOURCE: Amazon.com</p> |
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Amazon.com Jewelry Sales Up More Than 120 Percent | /news/news-details/2005/Amazon.com-Jewelry-Sales-Up-More-Than-120-Percent/default.aspx | Amazon.com-Jewelry-Sales-Up-More-Than-120-Percent | 4,713 | 02/08/2005 16:58:00 | Amazon.com Jewelry Sales Up More Than 120 Percent | 02/08/2005 | 2005 | SEATTLE, Feb 8, 2005 -- Amazon.com, Inc. (NASDAQ:AMZN) today announced that December 2004 jewelry sales increased more than 120 percent year-over-year, and its triple-digit growth has continued in 2005. Customers are choosing from an unparalleled selection of rings, necklaces, earrings, bracelets, watches and even body jewelry like the best-selling belly bar by Paris Hilton. Perennial favorites remain heart-inspired jewelry, diamonds and pearls.
"We're pleased with the triple-digit growth of the Amazon.com Jewelry & Watches business," said Russ Grandinetti, vice president, Amazon.com Jewelry. "We will continue to bring customers industry-leading prices, selection and convenience when shopping for jewelry -- whether they're looking for a diamond engagement ring or a trendy fashion piece."
For customers who still haven't found a Valentine's Day gift, there's still plenty of time to visit the Amazon.com Jewelry store and select two-day or overnight shipping. Shoppers will find industry-leading prices on high quality diamonds, pearls and other Valentine's Day favorites.
Amazon.com offers a large selection of diamonds, including diamond studs starting at $40. Of special note is an 11.5 carat invisible set diamond bracelet for $25,599, or 3 carat total weight diamond stud earrings for $19,500.
Customers are finding more than 1,000 ruby jewelry items ranging from $100 to over $15,000, including a wide selection of heart-shaped rubies.
The Jewelry store offers all types of watches, including an Amazon.com exclusive from Swiss Legend featuring a crystal bezel and "love" written on the dial for a special Valentine's Day price of $99.
For inspired gifts, customers are finding the art of language and poetry in the work of designers like Jeanine Payer and Kelley Reese.
Amazon.com offers a wide range of hearts for all budgets, from a sterling silver heart locket for $19 to a pave diamond heart link bracelet for $12,908.
Each piece of jewelry sold by Amazon.com is inspected by jewelry professionals to verify quality attributes and ensure an excellent product. Customers will find detailed product specifications about the gemstones, settings and metal stamps. Amazon.com also offers a "Create a Diamond Ring" feature with which customers can find the right diamond engagement ring based on their choices of diamond shape, carat size, color/clarity and setting style. A Learning Center provides buying guides for pearls, diamonds, precious metals and watches. Many of the diamonds and gemstones in the store are independently certified to be a specific cut, clarity, color, shape and weight. Finally, the store provides all of the tools and helpful information that Amazon.com customers know and love, such as Customer Reviews, Top Sellers, So You'd Like To, and Listmania.
Sales in December 2004 represent orders from December 1 through December 31, and 2005 sales represent orders from January 1 to February 7.
About Amazon.com
Amazon.com (NASDAQ:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward Looking Statements
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2003, and all subsequent filings.
SOURCE: Amazon.com | <p>SEATTLE, Feb 8, 2005 -- Amazon.com, Inc. (NASDAQ:AMZN) today announced that December 2004 jewelry sales increased more than 120 percent year-over-year, and its triple-digit growth has continued in 2005. Customers are choosing from an unparalleled selection of rings, necklaces, earrings, bracelets, watches and even body jewelry like the best-selling belly bar by Paris Hilton. Perennial favorites remain heart-inspired jewelry, diamonds and pearls.</p><p>"We're pleased with the triple-digit growth of the Amazon.com Jewelry & Watches business," said Russ Grandinetti, vice president, Amazon.com Jewelry. "We will continue to bring customers industry-leading prices, selection and convenience when shopping for jewelry -- whether they're looking for a diamond engagement ring or a trendy fashion piece."</p><p>For customers who still haven't found a Valentine's Day gift, there's still plenty of time to visit the Amazon.com Jewelry store and select two-day or overnight shipping. Shoppers will find industry-leading prices on high quality diamonds, pearls and other Valentine's Day favorites.</p><ul><li>Amazon.com offers a large selection of diamonds, including diamond studs starting at $40. Of special note is an 11.5 carat invisible set diamond bracelet for $25,599, or 3 carat total weight diamond stud earrings for $19,500.</li><li>Customers are finding more than 1,000 ruby jewelry items ranging from $100 to over $15,000, including a wide selection of heart-shaped rubies.</li><li>The Jewelry store offers all types of watches, including an Amazon.com exclusive from Swiss Legend featuring a crystal bezel and "love" written on the dial for a special Valentine's Day price of $99.</li><li>For inspired gifts, customers are finding the art of language and poetry in the work of designers like Jeanine Payer and Kelley Reese.</li><li>Amazon.com offers a wide range of hearts for all budgets, from a sterling silver heart locket for $19 to a pave diamond heart link bracelet for $12,908.</li></ul><p>Each piece of jewelry sold by Amazon.com is inspected by jewelry professionals to verify quality attributes and ensure an excellent product. Customers will find detailed product specifications about the gemstones, settings and metal stamps. Amazon.com also offers a "Create a Diamond Ring" feature with which customers can find the right diamond engagement ring based on their choices of diamond shape, carat size, color/clarity and setting style. A Learning Center provides buying guides for pearls, diamonds, precious metals and watches. Many of the diamonds and gemstones in the store are independently certified to be a specific cut, clarity, color, shape and weight. Finally, the store provides all of the tools and helpful information that Amazon.com customers know and love, such as Customer Reviews, Top Sellers, So You'd Like To, and Listmania.</p><p>Sales in December 2004 represent orders from December 1 through December 31, and 2005 sales represent orders from January 1 to February 7.</p><p>About Amazon.com</p><p>Amazon.com (NASDAQ:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward Looking Statements</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2003, and all subsequent filings.</p><p>SOURCE: Amazon.com</p> |
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Paris Hilton Expands Top-Selling Jewelry Line On Amazon.com; Five New Designs Include a Pet Collar Inspired by her Chihuahua, Tinkerbell | /news/news-details/2005/Paris-Hilton-Expands-Top-Selling-Jewelry-Line-On-Amazon.com-Five-New-Designs-Include-a-Pet-Collar-Inspired-by-her-Chihuahua-Tinkerbell/default.aspx | Paris-Hilton-Expands-Top-Selling-Jewelry-Line-On-Amazon.com-Five-New-Designs-Include-a-Pet-Collar-Inspired-by-her-Chihuahua-Tinkerbell | 4,714 | 02/07/2005 08:06:00 | Paris Hilton Expands Top-Selling Jewelry Line On Amazon.com; Five New Designs Include a Pet Collar Inspired by her Chihuahua, Tinkerbell | 02/07/2005 | 2005 | SEATTLE--Feb. 7, 2005--Amazon Services, Inc., a subsidiary of Amazon.com, Inc. (NASDAQ:AMZN) today announced the addition of five new pieces to the Paris Hilton Collection, the top-selling line of jewelry designed by Paris Hilton and available exclusively at the Amazon.com Jewelry store (www.amazon.com/jewelry). Customers will find the new designs, which include a charm bracelet, pendant, dangle earrings, a belly bar and a pet collar, in the Paris Hilton Boutique (www.amazon.com/parishilton) on Amazon.com.
"Fans have been so thrilled with my Amazon.com jewelry line that I wanted to create even more designs for them to enjoy," said Paris Hilton. "In addition to my own sense of style, I think a lot of people admire Tinkerbell's look, which is why I decided to include a glamorous pet collar as part of the new collection."
The new designs, priced from $18 to $60, are crafted from the highest quality sterling silver and crystals and introduce new blue and violet colors to the line. The pet collar, which comes in two sizes, has a strong chain collar with a dangling crystal charm in the shape of a bone.
"The Paris Hilton Collection has been a top seller in the Amazon.com Jewelry store for 22 weeks, since we launched it last September," said Russell Grandinetti, Amazon.com's vice president of Jewelry & Watches. "Customers have loved the exclusive content, images and products in the Paris Hilton Boutique, which make shopping for her jewelry entertaining as well as convenient no matter where they live."
The Paris Hilton Boutique on Amazon.com is a destination for fans, offering exclusive photos and behind-the-scenes video footage of Paris Hilton during her jewelry line photo shoot. There is also footage of Hilton working in the design studio and a personal message to Amazon.com shoppers visiting the boutique.
Every piece from the Paris Hilton Collection is delivered to customers in Amazon.com's signature midnight-blue velvet jewelry pouches, and includes a keepsake card with a note from Paris Hilton featuring her signature tiara logo. While shopping the Paris Hilton Boutique, customers can also purchase her book, "Confessions of an Heiress: A Tongue-in-Chic Peek Behind the Pose," and "The Simple Life" and "The Simple Life 2" DVDs. To visit the Paris Hilton boutique at Amazon.com, go to www.amazon.com/parishilton.
Her other projects include a third installment of "The Simple Life," which began airing in January, a starring role in Joel Silver's feature film "House of Wax" and in "National Lampoon's Pledge This!" Both films will be released in 2005.
About the Amazon.com Jewelry Store
The Amazon.com Jewelry store (www.amazon.com/jewelry) provides the easiest way for customers to find, discover and buy high-quality jewelry and watches at industry-leading prices. As part of the store's high-quality standards, customers will find detailed product specifications, independent certifications, a Learning Center and a Create a Diamond Ring feature all in one convenient destination. The store also features merchandise from various merchants including Fortunoff, Ice.com, Kane Marie Fine Arts Gallery, Luxuria, Mondera and others.
About Amazon.com
Amazon.com (NASDAQ:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, international expansion, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2003, and all subsequent filings. | <p>SEATTLE--Feb. 7, 2005--Amazon Services, Inc., a subsidiary of Amazon.com, Inc. (NASDAQ:AMZN) today announced the addition of five new pieces to the Paris Hilton Collection, the top-selling line of jewelry designed by Paris Hilton and available exclusively at the Amazon.com Jewelry store (www.amazon.com/jewelry). Customers will find the new designs, which include a charm bracelet, pendant, dangle earrings, a belly bar and a pet collar, in the Paris Hilton Boutique (www.amazon.com/parishilton) on Amazon.com.</p><p>"Fans have been so thrilled with my Amazon.com jewelry line that I wanted to create even more designs for them to enjoy," said Paris Hilton. "In addition to my own sense of style, I think a lot of people admire Tinkerbell's look, which is why I decided to include a glamorous pet collar as part of the new collection."</p><p>The new designs, priced from $18 to $60, are crafted from the highest quality sterling silver and crystals and introduce new blue and violet colors to the line. The pet collar, which comes in two sizes, has a strong chain collar with a dangling crystal charm in the shape of a bone.</p><p>"The Paris Hilton Collection has been a top seller in the Amazon.com Jewelry store for 22 weeks, since we launched it last September," said Russell Grandinetti, Amazon.com's vice president of Jewelry & Watches. "Customers have loved the exclusive content, images and products in the Paris Hilton Boutique, which make shopping for her jewelry entertaining as well as convenient no matter where they live."</p><p>The Paris Hilton Boutique on Amazon.com is a destination for fans, offering exclusive photos and behind-the-scenes video footage of Paris Hilton during her jewelry line photo shoot. There is also footage of Hilton working in the design studio and a personal message to Amazon.com shoppers visiting the boutique.</p><p>Every piece from the Paris Hilton Collection is delivered to customers in Amazon.com's signature midnight-blue velvet jewelry pouches, and includes a keepsake card with a note from Paris Hilton featuring her signature tiara logo. While shopping the Paris Hilton Boutique, customers can also purchase her book, "Confessions of an Heiress: A Tongue-in-Chic Peek Behind the Pose," and "The Simple Life" and "The Simple Life 2" DVDs. To visit the Paris Hilton boutique at Amazon.com, go to www.amazon.com/parishilton.</p><p>Her other projects include a third installment of "The Simple Life," which began airing in January, a starring role in Joel Silver's feature film "House of Wax" and in "National Lampoon's Pledge This!" Both films will be released in 2005.</p><p>About the Amazon.com Jewelry Store</p><p>The Amazon.com Jewelry store (www.amazon.com/jewelry) provides the easiest way for customers to find, discover and buy high-quality jewelry and watches at industry-leading prices. As part of the store's high-quality standards, customers will find detailed product specifications, independent certifications, a Learning Center and a Create a Diamond Ring feature all in one convenient destination. The store also features merchandise from various merchants including Fortunoff, Ice.com, Kane Marie Fine Arts Gallery, Luxuria, Mondera and others.</p><p>About Amazon.com</p><p>Amazon.com (NASDAQ:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, international expansion, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2003, and all subsequent filings.</p> |
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Amazon.com Announces Record Free Cash Flow Fueled by Lower Prices and Free Shipping; Introduces New Express Shipping Program -- Amazon Prime | /news/news-details/2005/Amazon.com-Announces-Record-Free-Cash-Flow-Fueled-by-Lower-Prices-and-Free-Shipping-Introduces-New-Express-Shipping-Program----Amazon-Prime/default.aspx | Amazon.com-Announces-Record-Free-Cash-Flow-Fueled-by-Lower-Prices-and-Free-Shipping-Introduces-New-Express-Shipping-Program----Amazon-Prime | 4,717 | 02/02/2005 16:04:00 | Amazon.com Announces Record Free Cash Flow Fueled by Lower Prices and Free Shipping; Introduces New Express Shipping Program -- Amazon Prime | 02/02/2005 | 2005 | Adobe® Acrobat® Reader® required to view pdf files. To download a free a copy, click here.To save pdf files, please click on diskette icon on the Adobe® Acrobat® Reader® nav bar.
SEATTLE--Feb. 2, 2005--Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its fourth quarter and year ended December 31, 2004.
Operating cash flow was $567 million for 2004, compared with $392 million for 2003. Free cash flow grew 38% to $477 million for 2004, compared with $346 million for 2003. Common shares outstanding plus shares underlying stock-based awards outstanding totaled 434 million at December 31, 2004, compared with 433 million a year ago.
Net sales were $2.54 billion in the fourth quarter, compared with $1.95 billion in fourth quarter 2003, an increase of 31%. Net sales, excluding the $85 million benefit from changes in foreign exchange rates, grew 26% compared with fourth quarter 2003.
Operating income was $162 million in the fourth quarter, compared with $138 million in fourth quarter 2003. Consolidated segment operating income grew 16% to $177 million in the fourth quarter, compared with $153 million in the fourth quarter 2003. Excluding the $5 million benefit from changes in foreign exchange rates, consolidated segment operating income grew 13% compared with fourth quarter 2003.
Net income was $347 million in the fourth quarter, or $0.82 per diluted share, compared with net income of $73 million, or $0.17 per diluted share, in fourth quarter 2003. Pro forma net income in the fourth quarter was $394 million, or $0.93 per diluted share, compared with $125 million, or $0.29 per diluted share, in fourth quarter 2003. Excluding the benefit from realizing a $244 million deferred tax asset related primarily to net operating loss carryforwards attributable to continuing operations, fourth quarter pro forma net income would have been $149 million, or $0.35 per diluted share.
Today the Company also introduced "Amazon Prime," Amazon.com's first ever membership program. For a flat membership fee of $79 per year, members get unlimited, express two-day shipping for free, with no minimum purchase requirement. Members also get one-day, overnight shipping for only $3.99 per item -- order as late as 6:30PM ET.
"Amazon Prime is 'all-you-can-eat' express shipping," said Jeff Bezos, founder and CEO of Amazon.com. "Though expensive for the Company in the short-term, it's a significant benefit and more convenient for customers. With Amazon Prime, there's no minimum purchase to think about, and no consolidating orders -- two-day shipping becomes an everyday experience rather than an occasional indulgence."
Members can also share the benefits of Amazon Prime with up to four family members living in their household. Details can be found at www.amazon.com/prime.
Full Year 2004
Net sales were $6.92 billion in 2004, compared with $5.26 billion in 2003, an increase of 31%. Net sales, excluding the $276 benefit from foreign exchange rates, grew 26% compared with 2003.
Operating income was $440 million in 2004, compared with $271 million in 2003. Consolidated segment operating income grew 36% to $490 million in 2004, compared with $361 million in 2003. Excluding the $20 million benefit from foreign exchange rates, consolidated segment operating income grew 30% in 2004 compared with 2003.
Net income was $588 million in 2004, or $1.39 per diluted share, compared with net income of $35 million, or $0.08 per diluted share, in 2003. Pro forma net income for 2004 was $639 million, or $1.50 per diluted share, compared with $256 million, or $0.61 per diluted share, in 2003. Excluding the benefit from realizing a $244 million deferred tax asset related primarily to net operating loss carryforwards attributable to continuing operations, 2004 pro forma net income would have been $395 million, or $0.93 per diluted share.
Amazon.com also announced today that on March 7, 2005 it will redeem EUR 200 million ($261 million at the Euro to U.S. dollar exchange rate on January 31, 2005) in principal amount of its outstanding 6.875% Convertible Subordinated Notes due 2010, plus accrued and unpaid interest from and including February 16, 2005 to March 6, 2005, under its previously announced $500 million debt repurchase authorization. No premium payment is required to redeem these notes.
Highlights
North America segment sales, representing the Company's U.S. and Canadian sites, were $1.39 billion, up 22% compared with fourth quarter 2003. Segment operating income increased to $122 million from $114 million, compared with fourth quarter 2003.
North America Media growth was 18% in the fourth quarter, driven in part by continued price reductions, including an increase in the discount on books over $15 from 30% to 32%, and books over $25 from 32% to 34%.
International segment sales, representing the Company's U.K., German, French, Japanese, and Chinese sites, were $1.15 billion, up 43% compared with fourth quarter 2003. Excluding the benefit from exchange rates, net sales growth was 33%. Segment operating income increased to $55 million from $39 million, compared with fourth quarter 2003.
International segment sales accounted for 44% of worldwide net sales in 2004, up from 38% in 2003. Shipments to 225 countries outside the U.S. accounted for 49% of worldwide shipments in 2004, up from 43% in 2003.
Electronics & Other General Merchandise sales grew 53% to $1.69 billion for 2004, representing 24% of worldwide net sales. During the Thanksgiving weekend, consumer electronics sales in the U.S. exceeded books sales for the first time in the Company's history, and in the December issue of the leading consumer research magazine Amazon.com was named the best place to shop for consumer electronics.
Amazon.co.uk launched a new DVD rental service with plans that start from just GBP 7.99 per month. Rental members also receive an extra 10% discount off Amazon's already low prices on all of their DVD purchases from Amazon.co.uk.
Customers worldwide have placed hundreds of thousands of preorders for the sixth installment in the Harry Potter series, Harry Potter and the Half Blood Prince, scheduled to be released on July 16, 2005.
A9.com, a subsidiary of Amazon.com, launched A9.com Yellow Pages, a new service that helps users find and discover local businesses in a completely new way, including "Block View(TM)," a powerful technology which brings the Yellow Pages to life by showing a street view of millions of businesses and their surroundings. Block View allows users to see storefronts and virtually walk up and down the streets of currently more than 10 U.S. cities using over 20 million photographs. In addition, A9.com Yellow Pages uses features on Amazon.com that allow users to review, rate, provide more information, collect lists, and get recommendations on more than 14 million businesses across the U.S. A9.com Yellow Pages are available now on the A9.com homepage at www.a9.com.
In the first two weeks following the South Asia tsunami on December 26th, Amazon.com's worldwide customers made over 200,000 donations totaling more than $15 million to the Red Cross for tsunami disaster relief.
See "Financial Measures" for additional information.
Financial Guidance
The following forward-looking statements reflect Amazon.com's expectations as of February 2, 2005. Results may be materially affected by many factors, such as fluctuations in foreign exchange rates, changes in global economic conditions and consumer spending, world events, the rate of growth of the Internet and online commerce, and the various factors detailed below.
First Quarter 2005 Guidance
Net sales are expected to be between $1.80 billion and $1.95 billion, or grow between 18% and 27%, compared with first quarter 2004.
Operating income is expected to be between $80 million and $110 million, or decline between (28%) and 0%, compared with first quarter 2004, assuming, among other things, that the Company adopts SFAS No. 123R on January 1, 2005, stock-based compensation is $25 million, and there are no further revisions to restructuring-related estimates.
Full Year 2005 Expectations
Net sales are expected to be between $8.05 billion and $8.65 billion, or grow between 16% and 25%.
Operating income is expected to be between $385 million and $510 million, or between (13%) and 16% growth, compared with 2004, assuming, among other things, that the Company adopts SFAS No. 123R on January 1, 2005, stock-based compensation is $115 million, and there are no further revisions to restructuring-related estimates.
A conference call will be webcast live today at 2 p.m. PT/5 p.m. ET, and will be available at least through March 31, 2005, at www.amazon.com/ir. This call will contain forward-looking statements and other material information regarding the Company's financial and operating results.
These forward-looking statements are inherently difficult to predict. Actual results could differ materially for a variety of reasons, including, in addition to the factors discussed above, the amount that Amazon.com invests in new business opportunities and the timing of those investments, the mix of products sold to customers, the mix of net sales derived from products as compared with services, competition, management of growth, potential fluctuations in operating results, international growth and expansion, fulfillment center optimization, risks of inventory management, seasonality, the degree to which the Company enters into, maintains and develops commercial agreements, acquisitions and strategic transactions, and risks of fulfillment throughput and productivity. Other risks and uncertainties include, among others, risk of future losses, significant indebtedness, system interruptions, consumer trends, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2003, and all subsequent filings.
Financial Measures
The following measures are defined by the Securities and Exchange Commission as non-GAAP financial measures.
Free Cash Flow
Operating cash flow is net cash provided by (used in) operating activities, including cash outflows for interest and excluding proceeds from the exercise of stock-based employee awards. Free cash flow is operating cash flow less cash outflows for purchases of fixed assets, including internal-use software and website development. A tabular reconciliation of differences from the comparable GAAP measure -- operating cash flow -- is included in the attached "Supplemental Financial Information and Business Metrics."
Consolidated Segment Operating Income
Consolidated segment operating income is the sum of segment operating income of our individual segments and excludes the following line items on the Company's statements of operations:
Stock-based compensation and
Other operating expense (income).
A tabular reconciliation of differences from the comparable GAAP measure -- operating income -- is included in the attached "Pro Forma Statements of Operations."
Pro Forma Net Income
Pro forma net income excludes the following line items on the Company's statements of operations:
Stock-based compensation,
Other operating expense (income), and
Remeasurements and other.
A tabular reconciliation of differences from the comparable GAAP measure -- net income (loss) -- is included in the attached "Pro Forma Statements of Operations."
For additional information regarding these non-GAAP financial measures, see Exhibit 99.2 to our Form 8-K filed contemporaneously with the issuance of this release.
About Amazon.com
Amazon.com (NASDAQ:AMZN - News), a Fortune 500 company based in Seattle, opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer customers the lowest possible prices. Amazon.com and third-party sellers offer millions of unique new, refurbished, and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven websites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.co.jp, www.amazon.fr, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc. and its subsidiaries, unless the context indicates otherwise.
AMAZON.COM, INC.
Consolidated Statements of Cash Flows
(in thousands)
(unaudited)
Three Months Ended Twelve Months Ended
December 31, December 31,
----------------------- ------------------------
2003 2004 2003 2004
----------------------- ------------------------
CASH AND CASH
EQUIVALENTS,
BEGINNING OF
PERIOD $ 666,418 $ 745,608 $ 738,254 $ 1,102,273
OPERATING
ACTIVITIES:
Net income 73,154 346,688 35,282 588,451
Adjustments to
reconcile net
income to net cash
provided by
operating
activities:
Depreciation of
fixed assets,
including internal-
use software
and website
development, and
other amortization 18,467 20,831 75,558 75,724
Stock-based
compensation 15,039 19,629 87,751 57,702
Other operating
expense (income) 141 (4,777) 2,752 (7,964)
Losses (gains) on
sales of
marketable
securities, net (205) 204 (9,598) (586)
Remeasurements and
other 36,505 32,045 130,097 824
Non-cash interest
expense and other 166 1,354 12,918 4,756
Changes in
operating assets
and liabilities:
Inventories (42,785) (107,724) (76,786) (168,896)
Accounts
receivable, net
and other current
assets (16,341) 6,883 1,616 (1,745)
Accounts payable 299,316 423,944 167,732 286,091
Accrued expenses
and other current
liabilities 72,226 37,869 (27,982) (15,110)
Deferred income
taxes (311) (244,221) 931 (256,696)
Additions to
unearned revenue 22,989 25,467 101,641 109,936
Amortization of
previously
unearned revenue (26,021) (30,732) (111,740) (106,886)
Interest payable 28,623 30,107 1,850 959
---------- ---------- ---------- -----------
Net cash provided
by operating
activities 480,963 557,567 392,022 566,560
INVESTING ACTIVITIES:
Sales and maturities
of marketable
securities and
other investments 232,173 419,375 813,184 1,426,786
Purchases of
marketable
securities (121,448) (448,057) (535,642) (1,584,089)
Purchases of fixed
assets, including
internal-use
software and
website development (17,236) (36,755) (45,963) (89,133)
Proceeds from sale
of subsidiary - - 5,072 -
Acquisition, net of
cash acquired - - - (71,195)
---------- ---------- ---------- -----------
Net cash provided
by (used in)
investing
activities 93,489 (65,437) 236,651 (317,631)
FINANCING
ACTIVITIES:
Proceeds from
exercises of stock
options 30,490 17,491 163,322 60,109
Repayments of long-
term debt and
capital lease
obligations (207,732) (559) (495,308) (157,401)
---------- ---------- ---------- -----------
Net cash provided
by (used in)
financing
activities (177,242) 16,932 (331,986) (97,292)
Foreign-currency
effect on cash and
cash equivalents 38,645 47,930 67,332 48,690
---------- ---------- ---------- -----------
Net increase in
cash and cash
equivalents 435,855 556,992 364,019 200,327
---------- ---------- ---------- -----------
CASH AND CASH
EQUIVALENTS, END
OF PERIOD $1,102,273 $1,302,600 $1,102,273 $ 1,302,600
========== ========== ========== ===========
SUPPLEMENTAL CASH
FLOW INFORMATION:
Fixed assets
acquired under
capital leases
and other
financing
arrangements $ 29 $ 202 $ 2,677 $ 860
Cash paid for
interest 3,112 39 119,947 107,604
Cash paid for
income taxes 197 1,392 1,825 4,051
Note: The attached "Financial and Operational Summary" is an integral
part of the press release financial statements.
AMAZON.COM, INC.
Consolidated Statements of Operations
(in thousands, except per share data)
(unaudited)
Three Months Ended Twelve Months Ended
December 31, December 31,
----------------------- ------------------------
2003 2004 2003 2004
----------------------- ------------------------
Net sales $1,945,772 $2,540,959 $5,263,699 $ 6,921,124
Cost of sales 1,518,935 1,996,493 4,006,531 5,319,127
---------- ---------- ---------- -----------
Gross profit 426,837 544,466 1,257,168 1,601,997
Operating expenses:
Fulfillment 158,815 204,454 477,032 590,397
Marketing 40,291 58,200 122,787 158,022
Technology and
content 51,811 72,821 207,809 251,195
General and
administrative 22,984 31,697 88,302 112,220
Stock-based
compensation (1) 15,039 19,629 87,751 57,702
Other operating
expense (income) 281 (4,777) 2,892 (7,964)
---------- ---------- ---------- -----------
Total
operating
expenses 289,221 382,024 986,573 1,161,572
---------- ---------- ---------- -----------
Income from operations 137,616 162,442 270,595 440,425
Interest income 5,330 9,778 21,955 28,197
Interest expense (29,299) (27,134) (129,979) (107,227)
Other income
(expense), net (1,621) (5,021) 6,514 (4,701)
Remeasurements and
other (36,505) (32,045) (130,097) (824)
---------- ---------- ---------- -----------
Total non-
operating
expense, net (62,095) (54,422) (231,607) (84,555)
---------- ---------- ---------- -----------
Income before income
taxes 75,521 108,020 38,988 355,870
Provision (benefit)
for income taxes 2,367 (238,668) 3,706 (232,581)
---------- ---------- ---------- -----------
Net income $ 73,154 $ 346,688 $ 35,282 $ 588,451
========== ========== ========== ===========
Basic earnings per
share $ 0.18 $ 0.85 $ 0.09 $ 1.45
========== ========== ========== ===========
Diluted earnings per
share $ 0.17 $ 0.82 $ 0.08 $ 1.39
========== ========== ========== ===========
Weighted average shares used in
computation of earnings per
share:
Basic 401,422 408,227 395,479 405,926
========== ========== ========== ===========
Diluted 425,214 425,034 419,352 424,757
========== ========== ========== ===========
(1) Components of
stock-based
compensation:
Fulfillment $ 1,739 $ 3,779 $ 17,960 $ 10,073
Marketing 802 1,483 4,968 4,253
Technology and
content 9,747 11,240 49,555 31,781
General and
administrative 2,751 3,127 15,268 11,595
---------- ---------- ---------- -----------
$ 15,039 $ 19,629 $ 87,751 $ 57,702
========== ========== ========== ===========
Note: The attached "Financial and Operational Summary" is an integral
part of the press release financial statements.
AMAZON.COM, INC.
Pro Forma Statements of Operations
(in thousands, except per share data)
(unaudited)
Three Months Ended
December 31, 2003
----------------------------------
As Reported Adjustments Pro Forma
(1)
----------------------------------
Net sales $1,945,772 $ - $1,945,772
Cost of sales 1,518,935 - 1,518,935
---------- -------- ----------
Gross profit 426,837 - 426,837
Operating expenses:
Fulfillment 158,815 - 158,815
Marketing 40,291 - 40,291
Technology and content 51,811 - 51,811
General and administrative 22,984 - 22,984
Stock-based compensation 15,039 (15,039) -
Other operating expense (income) 281 (281) -
---------- -------- ----------
Total operating expenses 289,221 (15,320) 273,901
---------- -------- ----------
Income from operations 137,616 15,320 152,936 (2)
Interest income 5,330 - 5,330
Interest expense (29,299) - (29,299)
Other expense, net (1,621) - (1,621)
Remeasurements and other (36,505) 36,505 -
---------- -------- ----------
Total non-operating
expense, net (62,095) 36,505 (25,590)
---------- -------- ----------
Income before income taxes 75,521 51,825 127,346
Provision (benefit) for income
taxes 2,367 - 2,367
---------- -------- ----------
Net income $ 73,154 $ 51,825 $ 124,979
========== ======== ==========
Basic earnings per share $ 0.18 $ 0.13 $ 0.31
========== ======== ==========
Diluted earnings per share $ 0.17 $ 0.12 $ 0.29
========== ======== ==========
Weighted average shares used in
computation of earnings
per share:
Basic 401,422 401,422
========== ==========
Diluted 425,214 425,214
========== ==========
Net cash provided by operating
activities $ 480,963
Purchases of fixed assets,
including internal-use software
and website development (17,236)
----------
Free cash flow $ 463,727
==========
Net cash provided by (used in)
investing activities $ 93,489
==========
Net cash provided by (used in)
financing activities $ (177,242)
==========
Three Months Ended
December 31, 2004
----------------------------------
As Reported Adjustments Pro Forma
(1)
----------------------------------
Net sales $2,540,959 $ - $2,540,959
Cost of sales 1,996,493 - 1,996,493
---------- -------- ----------
Gross profit 544,466 - 544,466
Operating expenses:
Fulfillment 204,454 - 204,454
Marketing 58,200 - 58,200
Technology and content 72,821 - 72,821
General and administrative 31,697 - 31,697
Stock-based compensation 19,629 (19,629) -
Other operating expense (income) (4,777) 4,777 -
---------- -------- ----------
Total operating expenses 382,024 (14,852) 367,172
---------- -------- ----------
Income from operations 162,442 14,852 177,294 (2)
Interest income 9,778 - 9,778
Interest expense (27,134) - (27,134)
Other expense, net (5,021) - (5,021)
Remeasurements and other (32,045) 32,045 -
---------- -------- ----------
Total non-operating
expense, net (54,422) 32,045 (22,377)
---------- -------- ----------
Income before income taxes 108,020 46,897 154,917
Provision (benefit) for income
taxes (238,668) - (238,668)
---------- -------- ----------
Net income $ 346,688 $ 46,897 $ 393,585
=========== ======== ==========
Basic earnings per share $ 0.85 $ 0.11 $ 0.96
========== ======== ==========
Diluted earnings per share $ 0.82 $ 0.11 $ 0.93
========== ======== ==========
Weighted average shares used in
computation of earnings
per share:
Basic 408,227 408,227
========== ==========
Diluted 425,034 425,034
========== ==========
Net cash provided by operating
activities $ 557,567
Purchases of fixed assets,
including internal-use software
and website development (36,755)
----------
Free cash flow $ 520,812
==========
Net cash provided by (used in)
investing activities $ (65,437)
==========
Net cash provided by (used in)
financing activities $ 16,932
==========
(1) In accordance with accounting principles generally accepted in the
United States.
(2) Consolidated segment operating income.
Note: The attached "Financial and Operational Summary" is an integral
part of the press release financial statements.
AMAZON.COM, INC.
Pro Forma Statements of Operations
(in thousands, except per share data)
(unaudited)
Twelve Months Ended
December 31, 2003
----------------------------------
As Reported Adjustments Pro Forma
(1)
----------------------------------
Net sales $5,263,699 $ - $5,263,699
Cost of sales 4,006,531 - 4,006,531
---------- -------- ----------
Gross profit 1,257,168 - 1,257,168
Operating expenses:
Fulfillment 477,032 - 477,032
Marketing 122,787 - 122,787
Technology and content 207,809 - 207,809
General and administrative 88,302 - 88,302
Stock-based compensation 87,751 (87,751) -
Other operating expense (income) 2,892 (2,892) -
---------- -------- ----------
Total operating expenses 986,573 (90,643) 895,930
---------- -------- ----------
Income from operations 270,595 90,643 361,238 (2)
Interest income 21,955 - 21,955
Interest expense (129,979) - (129,979)
Other income (expense), net 6,514 - 6,514
Remeasurements and other (130,097) 130,097 -
---------- -------- ----------
Total non-operating
expense, net (231,607) 130,097 (101,510)
---------- -------- ----------
Income before income taxes 38,988 220,740 259,728
Provision (benefit) for income
taxes 3,706 - 3,706
---------- -------- ----------
Net income $ 35,282 $220,740 $ 256,022
========== ======== ==========
Basic earnings per share $ 0.09 $ 0.56 $ 0.65
========== ======== ==========
Diluted earnings per share $ 0.08 $ 0.53 $ 0.61
========== ======== ==========
Weighted average shares used in
computation of earnings
per share:
Basic 395,479 395,479
========== ==========
Diluted 419,352 419,352
========== ==========
Net cash provided by operating
activities $ 392,022
Purchases of fixed assets,
including internal-use software
and website development (45,963)
----------
Free cash flow $ 346,059
==========
Net cash provided by (used in)
investing activities $ 236,651
==========
Net cash used in financing
activities $ (331,986)
==========
Twelve Months Ended
December 31, 2004
-------------------------------------
As Reported Adjustments Pro Forma
(1)
----------------------------------
Net sales $6,921,124 $ - $6,921,124
Cost of sales 5,319,127 - 5,319,127
---------- -------- ----------
Gross profit 1,601,997 - 1,601,997
Operating expenses:
Fulfillment 590,397 - 590,397
Marketing 158,022 - 158,022
Technology and content 251,195 - 251,195
General and administrative 112,220 - 112,220
Stock-based compensation 57,702 (57,702) -
Other operating expense (income) (7,964) 7,964 -
---------- -------- ----------
Total operating expenses 1,161,572 (49,738) 1,111,834
---------- -------- ----------
Income from operations 440,425 49,738 490,163 (2)
Interest income 28,197 - 28,197
Interest expense (107,227) - (107,227)
Other income (expense), net (4,701) - (4,701)
Remeasurements and other (824) 824 -
---------- -------- ----------
Total non-operating
expense, net (84,555) 824 (83,731)
---------- -------- ----------
Income before income taxes 355,870 50,562 406,432
Provision (benefit) for income
taxes (232,581) - (232,581)
---------- -------- ----------
Net income $ 588,451 $ 50,562 $ 639,013
========== ======== ==========
Basic earnings per share $ 1.45 $ 0.12 $ 1.57
========== ======== ==========
Diluted earnings per share $ 1.39 $ 0.11 $ 1.50
========== ======== ==========
Weighted average shares used in
computation of earnings
per share:
Basic 405,926 405,926
========== ==========
Diluted 424,757 424,757
========== ==========
Net cash provided by operating
activities $ 566,560
Purchases of fixed assets,
including internal-use software
and website development (89,133)
----------
Free cash flow $ 477,427
==========
Net cash provided by (used in)
investing activities $ (317,631)
==========
Net cash used in financing
activities $ (97,292)
==========
(1) In accordance with accounting principles generally accepted in the
United States.
(2) Consolidated segment operating income.
Note: The attached "Financial and Operational Summary" is an integral
part of the press release financial statements.
AMAZON.COM, INC.
Segment Information
(in thousands)
(unaudited)
Three Months Ended Twelve Months Ended
December 31, December 31,
----------------------- -----------------------
2003 2004 2003 2004
---------- ---------- ---------- ----------
North America
Net sales $1,141,907 $1,392,283 $3,258,413 $3,847,344
Cost of sales 853,253 1,037,659 2,391,749 2,823,792
---------- ---------- ---------- ----------
Gross profit 288,654 354,624 866,664 1,023,552
Direct segment
operating expenses 174,383 232,618 583,619 702,676
---------- ---------- ---------- ----------
Segment operating
income 114,271 122,006 283,045 320,876
International
Net sales 803,865 1,148,676 2,005,286 3,073,780
Cost of sales 665,682 958,834 1,614,782 2,495,335
---------- ---------- ---------- ----------
Gross profit 138,183 189,842 390,504 578,445
Direct segment
operating expenses 99,518 134,554 312,311 409,158
---------- ---------- ---------- ----------
Segment operating
income 38,665 55,288 78,193 169,287
Consolidated
Net sales 1,945,772 2,540,959 5,263,699 6,921,124
Cost of sales 1,518,935 1,996,493 4,006,531 5,319,127
---------- ---------- ---------- ----------
Gross profit 426,837 544,466 1,257,168 1,601,997
Direct segment
operating expenses 273,901 367,172 895,930 1,111,834
---------- ---------- ---------- ----------
Segment operating
income 152,936 177,294 361,238 490,163
Stock-based
compensation 15,039 19,629 87,751 57,702
Other operating expense
(income) 281 (4,777) 2,892 (7,964)
---------- ---------- ---------- ----------
Income from operations 137,616 162,442 270,595 440,425
Total non-operating
expense, net 62,095 54,422 231,607 84,555
Provision (benefit) for
income taxes 2,367 (238,668) 3,706 (232,581)
---------- ---------- ---------- ----------
Net income (loss) $ 73,154 $ 346,688 $ 35,282 $ 588,451
========== ========== ========== ==========
Segment Highlights:
Y/Y net sales growth:
North America 18% 22% 18% 18%
International 74 43 71 53
Consolidated 36 31 34 31
Y/Y gross profit
growth:
North America 19% 23% 17% 18%
International 49 37 55 48
Consolidated 27 28 27 27
Y/Y segment operating
income growth:
North America 39% 7% 58% 13%
International 96 43 N/A 116
Consolidated 50 16 101 36
Net sales mix:
North America 59% 55% 62% 56%
International 41 45 38 44
Note: The attached "Financial and Operational Summary" is an integral
part of the press release financial statements.
AMAZON.COM, INC.
Supplemental Net Sales Information
(in thousands)
(unaudited)
Three Months Ended Twelve Months Ended
December 31, December 31,
----------------------- -----------------------
2003 2004 2003 2004
---------- ---------- ---------- ----------
North America
Media $ 750,891 $ 885,354 $2,269,472 $2,589,438
Electronics and other
general merchandise 352,517 448,890 878,519 1,127,754
Other 38,499 58,039 110,422 130,152
---------- ---------- ---------- ----------
1,141,907 1,392,283 3,258,413 3,847,344
International
Media 682,741 911,011 1,779,476 2,512,911
Electronics and other
general merchandise 120,850 236,927 224,606 558,490
Other 274 738 1,204 2,379
---------- ---------- ---------- ----------
803,865 1,148,676 2,005,286 3,073,780
Consolidated
Media 1,433,632 1,796,365 4,048,948 5,102,349
Electronics and other
general merchandise 473,367 685,817 1,103,125 1,686,244
Other 38,773 58,777 111,626 132,531
---------- ---------- ---------- ----------
$1,945,772 $2,540,959 $5,263,699 $6,921,124
========== ========== ========== ==========
Y/Y Net Sales Growth:
North America:
Media 16% 18% 14% 14%
Electronics and other
general merchandise 22 27 29 28
Other 36 51 29 18
International:
Media 59% 33% 61% 41%
Electronics and other
general merchandise 290 96 241 149
Other (24) 169 (38) 98
Consolidated:
Media 33% 25% 31% 26%
Electronics and other
general merchandise 48 45 48 53
Other 35 52 28 19
Consolidated Net Sales
Mix:
Media 74% 71% 77% 74%
Electronics and other
general merchandise 24 27 21 24
Other 2 2 2 2
Note: The attached "Financial and Operational Summary" is an integral
part of the press release financial statements.
AMAZON.COM, INC.
Consolidated Balance Sheets
(in thousands, except per share data)
(unaudited)
December 31,
2003 2004
----------- -----------
ASSETS
Current assets:
Cash and cash equivalents $ 1,102,273 $ 1,302,600
Marketable securities 292,550 476,599
----------- -----------
Cash, cash equivalents, and marketable
securities 1,394,823 1,779,199
Inventories 293,917 479,709
Current deferred tax assets 596 81,388
Accounts receivable, net and other current
assets 131,473 199,100
----------- -----------
Total current assets 1,820,809 2,539,396
Fixed assets, net 224,285 246,156
Goodwill 69,121 138,999
Long-term deferred tax assets 4,142 281,757
Other assets 43,676 42,200
----------- -----------
Total assets $ 2,162,033 $ 3,248,508
=========== ===========
LIABILITIES AND STOCKHOLDERS' DEFICIT
Current liabilities:
Accounts payable $ 819,811 $ 1,141,733
Accrued expenses and other current
liabilities 317,730 361,128
Unearned revenue 37,844 41,099
Interest payable 73,100 74,059
Current portion of long-term debt and
other 4,216 2,381
----------- -----------
Total current liabilities 1,252,701 1,620,400
Long-term debt and other 1,945,439 1,855,319
Commitments and contingencies
Stockholders' deficit:
Preferred stock, $0.01 par value:
Authorized shares -- 500,000
Issued and outstanding shares -- none - -
Common stock, $0.01 par value:
Authorized shares -- 5,000,000
Issued and outstanding shares --
403,354 and 409,711 4,034 4,097
Additional paid-in capital 1,899,398 2,124,598
Deferred stock-based compensation (2,850) (2,038)
Accumulated other comprehensive income 37,739 32,109
Accumulated deficit (2,974,428) (2,385,977)
----------- -----------
Total stockholders' deficit (1,036,107) (227,211)
----------- -----------
Total liabilities and
stockholders' deficit $ 2,162,033 $ 3,248,508
=========== ===========
Note: The attached "Financial and Operational Summary" is an integral
part of the press release financial statements.
AMAZON.COM, INC.
Supplemental Financial Information and Business Metrics
(in millions, except per share data)
(unaudited)
----------------------------------------------------------------------
Y/Y %
Q4 2003 Q1 2004 Q2 2004 Q3 2004 Q4 2004 Change
------- ------- ------- ------- ------- -------
Cash Flows and Shares
Operating cash flow --
trailing twelve
months (TTM) $ 392 $ 393 $ 410 $ 490 $ 567 45%
Purchase of fixed
assets (incl.
internal-use software
& website
development) -- TTM $ 46 $ 49 $ 56 $ 70 $ 89 94%
Free cash flow
(operating cash flow
less purchases of
fixed assets) -- TTM $ 346 $ 344 $ 354 $ 420 $ 477 38%
Common shares and
stock-based awards less
outstanding 433 432 434 434 434 than 1%
Common shares
outstanding 403 405 407 407 410 2%
Stock-based awards
outstanding 29 27 27 27 25 (16%)
Stock-based awards
outstanding -- % of
common shares
outstanding 7.3% 6.8% 6.7% 6.6% 6.0% N/A
Results of Operations
Worldwide (WW) net
sales $1,946 $1,530 $1,387 $1,462 $2,541 31%
WW net sales -- Y/Y
growth, excluding the
effect of foreign
exchange rates 29.4% 33.2% 21.9% 23.9% 26.2% N/A
WW net sales -- TTM $5,264 $5,710 $5,998 $6,326 $6,921 31%
Gross profit $ 427 $ 361 $ 341 $ 356 $ 544 28%
Gross margin -- % of
WW net sales 21.9% 23.6% 24.6% 24.3% 21.4% N/A
Gross profit -- TTM $1,257 $1,347 $1,415 $1,484 $1,602 27%
Gross margin -- TTM %
of WW net sales 23.9% 23.6% 23.6% 23.5% 23.1% N/A
Fulfillment costs -- %
of WW net sales 8.2% 8.3% 8.8% 9.3% 8.0% N/A
Fulfillment costs --
TTM % of WW net sales 9.1% 8.8% 8.6% 8.6% 8.5% N/A
Consolidated direct
segment operating
expenses $ 274 $ 244 $ 240 $ 261 $ 367 34%
Consolidated direct
segment operating
expenses -- TTM $ 896 $ 937 $ 970 $1,019 $1,112 24%
Consolidated segment
operating income $ 153 $ 117 $ 101 $ 95 $ 177 16%
Consolidated segment
operating margin -- %
of WW net sales 7.9% 7.6% 7.3% 6.5% 7.0% N/A
Consolidated segment
operating income --
TTM $ 361 $ 411 $ 444 $ 466 $ 490 36%
Consolidated segment
operating margin --
TTM % of WW net sales 6.9% 7.2% 7.4% 7.4% 7.1% N/A
GAAP operating income $ 138 $ 110 $ 86 $ 81 $ 162 18%
GAAP operating margin
-- % of WW net sales 7.1% 7.2% 6.2% 5.6% 6.4% N/A
GAAP operating income
-- TTM $ 271 $ 342 $ 386 $ 416 $ 440 63%
GAAP operating margin
-- TTM % of WW net
sales 5.1% 6.0% 6.4% 6.6% 6.4% N/A
Pro forma net
income (1) $ 125 $ 97 $ 75 $ 73 $ 394 215%
Pro forma net income
per diluted share (1) $ 0.29 $ 0.23 $ 0.18 $ 0.17 $ 0.93 215%
Pro forma net income
-- TTM (1) $ 256 $ 313 $ 345 $ 370 $ 639 150%
Pro forma net income
per diluted share --
TTM (1) $ 0.61 $ 0.74 $ 0.81 $ 0.87 $ 1.50 146%
GAAP net income $ 73 $ 111 $ 76 $ 54 $ 347 374%
GAAP net income per
diluted share $ 0.17 $ 0.26 $ 0.18 $ 0.13 $ 0.82 374%
GAAP net income
-- TTM $ 35 $ 157 $ 276 $ 315 $ 588 N/A
GAAP net income per
diluted share -- TTM $ 0.08 $ 0.37 $ 0.65 $ 0.74 $ 1.39 N/A
North America segment:
Net sales $1,142 $ 847 $ 792 $ 816 $1,392 22%
Net sales -- TTM $3,258 $3,401 $3,490 $3,597 $3,847 18%
Gross profit $ 289 $ 226 $ 220 $ 223 $ 355 23%
Gross margin -- % of
North American net
sales 25.3% 26.7% 27.7% 27.4% 25.5% N/A
Gross profit -- TTM $ 867 $ 906 $ 935 $ 958 $1,024 18%
Gross margin -- TTM
% of North America
net sales 26.6% 26.6% 26.8% 26.6% 26.6% N/A
Operating income $ 114 $ 76 $ 66 $ 57 $ 122 7%
Operating margin --
% of North America
net sales 10.0% 8.9% 8.3% 7.0% 8.8% N/A
Operating income --
TTM $ 283 $ 307 $ 318 $ 313 $ 321 13%
Operating margin --
TTM % of North
America net sales 8.7% 9.0% 9.1% 8.7% 8.3% N/A
---------------------- ------ ------ ------ ------ ------ -------
Note: The attached "Financial and Operational Summary" is an integral
part of this Supplemental Financial Information and Business Metrics
(1) Excluding the benefit from realizing a $244 million deferred tax
asset related primarily to net operating loss carryforwards
attributable to continuing operations, pro forma net income
would have been $149 million, or $0.35 per diluted share, for Q4,
and $395 million, or $0.93 per diluted share, for 2004.
AMAZON.COM, INC.
Supplemental Financial Information and Business Metrics
(in millions, except inventory turnover, accounts payable days,
and employee data)
(unaudited)
----------------------------------------------------------------------
Y/Y %
Q4 2003 Q1 2004 Q2 2004 Q3 2004 Q4 2004 Change
------- ------- ------- ------- ------- ------
International segment:
Net sales $ 804 $ 684 $ 595 $ 646 $1,149 43%
Net sales -- Y/Y
growth, excluding
the effect of
foreign exchange
rates 53.6% 57.9% 38.1% 38.9% 32.5% N/A
Net sales -- TTM $2,005 $2,310 $2,508 $2,729 $3,074 53%
Gross profit $ 138 $ 135 $ 121 $ 132 $ 190 37%
Gross margin -- % of
International net
sales 17.2% 19.8% 20.4% 20.5% 16.5% N/A
Gross profit -- TTM $ 391 $ 442 $ 479 $ 527 $ 578 48%
Gross margin -- TTM %
of International net
sales 19.5% 19.1% 19.1% 19.3% 18.8% N/A
Operating income $ 39 $ 41 $ 35 $ 38 $ 55 43%
Operating margin -- %
of International net
sales 4.8% 6.1% 5.9% 5.8% 4.8% N/A
Operating income --
TTM $ 78 $ 104 $ 126 $ 153 $ 169 116%
Operating margin --
TTM % of
International net
sales 3.9% 4.5% 5.0% 5.6% 5.5% N/A
International segment
-- TTM % of net sales 38.1% 40.5% 41.8% 43.1% 44.4% N/A
Worldwide net sales
shipped outside the
U.S. -- TTM % of net
sales 43.4% 45.6% 46.9% 48.2% 49.2% N/A
Supplemental Worldwide
Net Sales:
Media $1,434 $1,175 $1,037 $1,094 $1,796 25%
Media -- TTM $4,049 $4,351 $4,523 $4,740 $5,102 26%
Electronics and other
general merchandise $ 473 $ 331 $ 325 $ 344 $ 686 45%
Electronics and other
general merchandise
-- TTM $1,103 $1,244 $1,360 $1,474 $1,686 53%
Other $ 39 $ 24 $ 25 $ 24 $ 59 52%
Other -- TTM $ 112 $ 116 $ 115 $ 113 $ 133 19%
Supplemental North
America Segment Net
Sales:
Media $ 751 $ 599 $ 542 $ 564 $ 885 18%
Media -- TTM $2,269 $2,351 $2,394 $2,455 $2,589 14%
Electronics and other
general merchandise $ 353 $ 224 $ 226 $ 229 $ 449 27%
Electronics and other
general merchandise
-- TTM $ 879 $ 935 $ 983 $1,031 $1,128 28%
Other $ 38 $ 24 $ 25 $ 24 $ 58 51%
Other -- TTM $ 110 $ 115 $ 113 $ 111 $ 130 18%
Supplemental
International Segment
Net Sales:
Media $ 683 $ 576 $ 496 $ 530 $ 911 33%
Media -- TTM $1,779 $2,000 $2,129 $2,285 $2,513 41%
Electronics and other
general merchandise $ 121 $ 107 $ 99 $ 116 $ 237 96%
Electronics and other
general merchandise
-- TTM $ 225 $ 309 $ 377 $ 442 $ 558 149%
Other $ 0 $ 0 $ 1 $ 0 $ 1 169%
Other -- TTM $ 1 $ 1 $ 2 $ 2 $ 2 98%
Balance Sheet
Cash and marketable
securities $1,395 $ 998 $1,151 $1,185 $1,779 28%
Inventory, net --
ending $ 294 $ 282 $ 284 $ 357 $ 480 63%
Inventory -- average
inventory % of TTM net
sales 4.1% 4.1% 4.3% 4.6% 4.9% N/A
Inventory turnover,
average -- TTM 18.4 18.7 17.9 16.6 15.7 (15%)
Fixed assets, net $ 224 $ 217 $ 216 $ 227 $ 246 10%
Accounts payable days
-- ending 50 44 51 57 53 6%
Other
Employees (full-time
and part-time;
excludes contractors &
temporary personnel) 7,800 8,100 8,200 8,800 9,000 15%
----------------------- ------ ------ ------ ------ ------ ------
Note: The attached "Financial and Operational Summary" is an integral
part of this Supplemental Financial Information and Business Metrics
AMAZON.COM, INC.
Financial and Operational Summary (unaudited)
Quarterly Results of Operations (comparisons are with the equivalent period of the prior year, unless otherwise stated)
Net Sales
Shipping revenue, which excludes amounts earned from third-party sellers where Amazon does not provide fulfillment services, was $156 million, up 14% from $137 million.
Cost of Sales
Cost of sales consists of the purchase price of consumer products sold by us, inbound and outbound shipping charges, packaging supplies, and costs incurred in operating and staffing our fulfillment and customer service centers on behalf of other businesses, such as Toysrus.com and Target.com.
Outbound shipping-related costs totaled $234 million, up from $193 million. Net shipping loss was $78 million, up from a net loss of $56 million, resulting primarily from our free-shipping offers.
Direct Segment Operating Expenses
Fourth quarter direct segment operating expenses as a percentage of net sales were as follows:
2003 2004
---- ----
Fulfillment 8.2% 8.0%
Marketing 2.1% 2.3%
Technology and content 2.7% 2.9%
General and administrative 1.2% 1.2%
Depreciation was $21 million in fourth quarter 2004 and $75 million over the trailing twelve months.
Fulfillment
Fulfillment costs include those costs incurred in operating and staffing our fulfillment and customer service centers, including costs attributable to buying, receiving, inspecting and warehousing inventories; credit card fees, and bad debt costs, including costs associated with our guarantee for certain third-party seller transactions. Fulfillment costs also include amounts paid to third parties, who assist us in fulfillment and customer service operations.
Credit card fees associated with third-party seller transactions are based on the gross purchase price of underlying transactions, and therefore represent a larger percentage of our recorded revenue than credit card fees on our retail sales. Bad debt costs, including costs associated with our guarantee program, are also higher as a percentage of recorded revenue versus our retail sales. Accordingly, this negatively affects fulfillment costs as a percentage of net sales.
Fulfillment costs decreased as a percentage of sales from the prior year, but increased in absolute dollars due to variable costs corresponding with sales volume, our mix of product sales, credit card fees, and bad debt costs, including costs associated with our guarantee for certain third-party seller transactions. We expect absolute amounts spent in fulfillment to increase over time.
Marketing
Marketing efforts include targeted online marketing channels, such as our Associates and Syndicated Stores programs, sponsored search, portal advertising, e-mail campaigns and other initiatives. Since our marketing expenses are largely variable, we expect absolute amounts spent in marketing to increase over time. To the extent there is increased or decreased competition for these traffic sources, or to the extent our mix of these channels shifts, we would expect to see a corresponding change in our marketing expense. While costs associated with free shipping are not included in marketing expense, we view our free-shipping offers as an effective worldwide marketing tool and intend to continue offering them indefinitely.
Technology and Content
Technology and content expenses consist principally of payroll and related expenses for employees involved in development of our websites, including editorial content, merchandising selection, systems and telecommunications support; costs associated with the systems and telecommunications infrastructure; and costs of acquired content.
Our spending in technology and content has increased as we are adding computer scientists and software engineers to enhance the customer experience on our websites and those websites powered by us, and improve our process efficiency. Additionally, we continue to invest in several areas of technology, including seller platform, A9.com, web services, additional development centers and digital initiatives. We intend to continue investing in these and other initiatives and expect absolute dollars spent in technology and content to increase over time as we continue to add computer scientists and software engineers to our staff.
A significant majority of these costs are incurred in the U.S. and most of them are allocated to our North America segment.
We expense costs related to the development of internal-use software and website development other than those incurred during the application development stage. Costs incurred during the application development stage are capitalized and amortized over the two-year estimated useful life of the software. For the three months ended December 31, 2004 and 2003, we capitalized $16 million and $9 million of internal-use software costs, which was offset by amortization of previously capitalized amounts of $8 million and $7 million.
General and Administrative
General and Administrative costs increased primarily due to increases in professional and litigation costs. We expect absolute dollars spent in general and administrative to increase over time.
Stock-Based Compensation
Since October 2002, we have awarded restricted stock units as our primary form of stock-based compensation. Restricted stock units, under fixed accounting, are generally measured at fair value on the date of grant based on the number of shares granted and the quoted price of our common stock. Such value is recognized as an expense on an accelerated basis over the corresponding service period. To the extent that restricted stock units are forfeited prior to vesting, the corresponding previously recognized expense is reversed as an offset to stock-based compensation.
Stock-based awards generally fully vest over service periods of between three and six years.
Stock-based compensation was $20 million for the fourth quarter, consisting of $4 million in expense for stock awards under variable accounting, and $16 million for stock awards under fixed accounting plus matching stock contributions under our 401(k) program.
Payroll tax expense resulting from exercises of stock-based awards is a cash expense and is not classified in "Stock-based compensation," but is allocated to the corresponding operating expense categories on the statement of operations.
We granted 0.8 million stock awards, primarily restricted stock units, during the fourth quarter at a per-share weighted average fair value of $40. Year-to-date we have granted 3.5 million stock awards, primarily restricted stock units, at a per-share average fair value of $44.
At December 31, 2004, there were 25 million stock awards outstanding, consisting of 18 million stock options with a $13 weighted average exercise price, 6 million restricted stock units, and 0.5 million shares of restricted stock (included in common stock outstanding).
1 million outstanding stock awards, primarily stock options, were subject to variable accounting. Variable accounting treatment results in expense or contra-expense recognition using the cumulative expense method, calculated based on the quoted price of our common stock and vesting schedules of underlying awards. For example, since the closing price of our common stock on December 31, 2004, $44.29, was higher than the closing price on September 30, 2004, $40.86, we recorded an expense associated with variable accounting treatment for the fourth quarter of 2004.
SFAS 123R requires us to measure compensation cost for all share-based awards at fair value. The adoption of this standard will result in the recognition of stock-based compensation in future periods for remaining unvested stock options under fixed accounting and will not affect our accounting for restricted stock units, as we already account for those using fair value. We will be early-adopting the provisions of SFAS 123R with an implementation date of January 1, 2005, two quarters prior to the required adoption date of July 1, 2005.
Other Operating Expense (Income)
Included in "Other operating expense (income)" are restructuring-related expenses or credits and amortization of other intangibles. Amortization of other intangibles was $0.5 million and $0.1 million for fourth quarter 2004 and 2003.
Our first quarter 2001 operational restructuring plan is complete; however, we may periodically adjust our restructuring-related estimates, such as lease obligations, in the future if necessary.
Cash payments resulting from our 2001 operational restructuring were $3 million in fourth quarter 2004 and 2003.
During the fourth quarter we determined that some of the office space previously vacated as part of our 2001 restructuring, which we had been unable to sublease due to poor real estate market conditions, was necessary for our future needs. This resulted in a gain of $5 million for the fourth quarter. Future lease payments for this office space will be expensed over the lease period and classified to the corresponding operating expense categories on the consolidated statements of operations.
We estimate, based on currently available information, the remaining net cash outflows associated with restructuring-related leases and other commitments will be $5 million in 2005, and $8 million thereafter. Amounts due within twelve months are included within "Accrued expenses and other current liabilities" and the remaining amounts within "Long-term debt and other" on our balance sheet. These amounts are net of anticipated sublease income of $20 million (we have signed sublease agreements for $13 million).
Other Income (Expense), Net
Other expense of $5 million was primarily foreign-currency losses on interest payable for our 6.875% PEACS.
Remeasurements and Other
Remeasurements includes foreign-currency losses on remeasurement of the principal amount of our 6.875% PEACS from Euros to U.S. Dollars of $77 million, compared with a loss of $65 million.
Other includes a $44 million gain from the remeasurement of foreign-currency intercompany balances, which are to be repaid amongst subsidiaries.
Provision (Benefit) for Income Taxes and Deferred Tax Asset
We have recorded a tax benefit for current and deferred U.S. federal, state, and foreign income taxes, classified as "Provision (benefit) for income taxes" on the consolidated statements of operations.
We periodically evaluate the likelihood of future realization of deferred tax assets, and reduce the carrying amount of these deferred tax assets by a valuation allowance to derive a net deferred tax asset we believe is more likely than not to be realized. We consider many factors when assessing the likelihood of future realization of our deferred tax assets, including our recent cumulative earnings experience by taxing jurisdiction, expectations of future taxable income, the carry forward periods available to us for tax reporting purposes, and other relevant factors.
In the fourth quarter we determined that $363 million of our deferred tax asset is realizable through future operations, and recorded a current tax benefit of $244 million to "Provision (benefit) for income taxes" in our results of operations, and a $106 million credit to "Stockholders' Equity" on our consolidated balance sheet as of December 31, 2004.
Our net deferred tax assets are $363 million at December 31, 2004, comprised of approximately $270 million related to our net operating loss carryforwards (NOLs) and the remainder related to temporary timing differences between tax and financial reporting.
Classification of deferred tax assets between current and long-term asset categories is based on the expected timing of realization, and the valuation allowance is allocated ratably.
At December 31, 2004, our gross deferred tax assets related to our NOLs were approximately $800 million (associated with approximately $2.6 billion of NOLs, the majority of which expire between 2017 and 2024), offset by a valuation allowance on approximately $530 million due to uncertainty about their future realization. Substantially all of the remaining $530 million, if realized, would be credited to "Stockholders' equity" rather than results of operations for financial reporting purposes since they primarily relate to tax-deductible stock-based compensation in excess of amounts recognized for financial reporting purposes.
Significant judgment is required in making the assessment of deferred tax asset realization, and it is very difficult to predict when, if ever, our assessment may conclude that the remaining portion of our deferred tax assets is realizable.
We expect net income for 2005 to decline because we expect a tax provision in 2005, rather than the large tax benefit we received in 2004.
We expect our cash taxes paid in 2005 to be approximately $25 million, compared with $4 million in 2004.
Net Income
We believe that our reported net income for the fourth quarter 2004 should not be viewed, on its own, as a material positive event, and the year-over-year increase in net income of $274 million is not necessarily predictive of our future results for a variety of reasons. For example, in the fourth quarter we had a benefit from realizing a $244 million deferred tax asset related primarily to net operating loss carryforwards attributable to continuing operations. Additionally, the remeasurement of our 6.875% PEACS and intercompany balances resulted in significant gains and charges associated with the effect of movements in currency exchange rates. Accordingly, we encourage readers of our financial statements to evaluate the effect on our operating trends of these items since future income taxes and changes in currency exchange rates may create significant variability in our future operating results.
Foreign Exchange
As our financial reporting currency is the U.S. Dollar, our total sales, profit, and operating and free cash flow have benefited significantly the past ten quarters from weakness in the U.S. Dollar in comparison to the currencies of our international websites. We believe it is important to evaluate our growth rates after the effect of currency changes.
The effect of changes in exchange rates in the fourth quarter is as
follows (in millions):
Effect of exchange
rate on: 2003 2004
---- ----
Net sales $ 98 $ 85
Gross profit 17 14
Operating expenses (11) (9)
---- ----
Operating income 6 5
Net interest expense
and other (6) (5)
Remeasurements and
other (1) (30) (33)
---- ----
Net income (loss) (29) (32)
Diluted earnings (loss)
per diluted share $(0.07) $(0.08)
======= =======
(1) Includes foreign-currency gains (losses) on remeasurement of
6.875% PEACS and intercompany balances.
These amounts represent the impact on reported results that is due
to year-over-year changes in exchange rates. Absent
year-over-year changes in exchange rates, reported amounts
would have been lower (higher) by these amounts.
Cash Flows and Balance Sheet
Operating cash flows and free cash flows can be volatile and are sensitive to many factors, including changes in working capital. Working capital at any specific point in time is subject to many variables, including world events, seasonality, the timing of expense payments, discounts offered by vendors, vendor payment terms, and fluctuations in foreign exchange rates.
Our cash, cash equivalents, and marketable securities of $1.78 billion, at fair value, primarily consist of cash, commercial paper and short-term securities, U.S. Treasury notes and bonds, asset-backed, and agency securities and certificates of deposit. Included are amounts held in foreign currencies of $970 million, primarily in Euros, British Pounds, and Yen.
We have pledged $74 million of our marketable securities as collateral for property leases and other contractual obligations, compared with $87 million as of December 31, 2003.
"Other assets" includes, among other things, deferred issuance costs on long-term debt, other equity investments, and intangibles.
"Unearned revenue" is recorded when payments are received from third parties in advance of our providing the associated service.
"Accrued expenses and other current liabilities" includes, among other things, liabilities for gift certificates, marketing activities, and workforce costs, including accrued payroll, vacation, and other benefits.
"Long-term debt and other" primarily includes the following (in millions):
Principal Interest Principal
at Maturity Rate Due Date
------------- ---------- --------------
Convertible Subordinated Notes $900 (1)(2) 4.750% February 2009
PEACS (3)..................... 935 (4)(5) 6.875% February 2010
--------------
$1,835 (6)
==============
Convertible at the holders' option into our common stock at $78.0275 per share. We have the right to redeem the Convertible Subordinated Notes, in whole or in part, at a redemption price of 101.900% of the principal, which decreases every February 1 by 47.5 basis points until maturity, plus any accrued and unpaid interest.
During the previous twelve-month period we redeemed an aggregate principal amount of $150 million.
PrEmium Adjustable Convertible Securities.
EUR 690 million principal amount, convertible at the holders' option into our common stock at EUR 84.883 per share ($115.03 per share based on the U.S. Dollars per Euro exchange rate of $1.3552 as of December 31, 2004). We have the right to redeem the PEACS, in whole or in part, by paying the principal amount, plus any accrued and unpaid interest. We do not hedge any portion of the PEACS. The U.S. Dollar equivalent principal, interest, and conversion price fluctuates based on the Euro/U.S. Dollar exchange ratio. Due to fluctuations in this exchange ratio, our principal debt obligation since issuance in February 2000 has increased by $255 million as of December 31, 2004.
Under our previously announced $500 million debt repurchase authorization, on March 7, 2005 we will be redeeming EUR 200 -- or $261MM at the Euro to U.S. dollar exchange rate on January 31, 2005 -- in principal amount of our PEACS at par, plus accrued and unpaid interest from and including February 16, 2005 to March 6, 2005. We expect to record a charge of approximately $2 million in unamortized deferred debt issuance costs which will be classified in "Remeasurements and other" in the first quarter 2005.
The "if converted" number of shares associated with our convertible debt instruments (approximately 20 million total shares) are excluded from diluted shares as their effect is anti dilutive.
Certain Definitions and Other
We present segment information along two lines: North America and International. We measure operating results of our segments using an internal performance measure of direct segment operating expenses that excludes stock-based compensation and other operating expenses (income), each of which is not allocated to segment results. Other centrally incurred operating costs are fully allocated to segment results. Our operating results, particularly for the International segment, are affected by movements in foreign exchange rates.
The North America segment consists of amounts earned from retail sales of consumer products (including from third-party sellers) through www.amazon.com and www.amazon.ca; from North America focused Syndicated Stores, such as www.cdnow.com; from our mail-order tool catalog; and from non-retail activities such as North America-focused Merchant.com, marketing, and promotional agreements. This segment includes export sales from www.amazon.com and www.amazon.ca.
The International segment consists of amounts earned from retail sales of consumer products (including from third-party sellers) through www.amazon.co.uk , www.amazon.de, www.amazon.co.jp, www.amazon.fr, and, since September, 2004, www.joyo.com; from internationally focused Syndicated Stores; from our DVD rental service in the U.K.; and from non-retail activities such as internationally-focused marketing and promotional agreements. This segment includes export sales from these internationally based sites (including export sales from these sites to customers in the U.S. and Canada), but excludes export sales from www.amazon.com and www.amazon.ca.
We provide supplemental sales information within each segment for three categories: "Media," "Electronics and other general merchandise," and "Other." Media consists of amounts earned from DVD rental and retail sales from all sellers of books, music, DVD/video, magazine subscriptions, software, video games, and video game consoles. Electronics and other general merchandise consists of amounts earned from retail sales from all sellers of items not included in Media, such as electronics and office, toys and baby, tools, home and garden, apparel, sports and outdoors, gourmet food, jewelry, health and personal care, beauty, and musical instruments. The Other category consists of non-retail activities, such as the Merchant.com program and miscellaneous marketing and promotional activities.
Operating cycle is number of days of sales in inventory plus number of days of sales in accounts receivable minus accounts payable days. Inventory days are calculated as the quotient of inventory to cost of sales, multiplied by the number of days in the period. Accounts payable days are calculated as the quotient of accounts payable to cost of sales, multiplied by the number of days in the period. Inventory turns are calculated as the quotient of cost of sales to average inventory over five quarters.
References to customers mean customer accounts, which are unique e-mail addresses, established either when a customer's initial order is shipped or when a customer orders from certain third-party sellers on our websites. Customer accounts include customers of Amazon Marketplace, Auctions and zShops, and our Merchants@, Syndicated Stores programs, but exclude DVD rental customers, Joyo.com customers, Merchant.com program customers, Amazon.com Payments customers, our catalog customers, and the customers of select companies with whom we have a technology alliance or marketing and promotional relationship. A customer is considered active when they have placed an order during the preceding twelve-month period.
References to sellers or merchants mean active seller accounts, which are established when a seller receives an order from a customer account. Seller accounts include sellers in Amazon Marketplace, Auctions, zShops, and Merchants@ platforms, but exclude Merchant.com sellers. A seller is considered active when they have received an order during the preceding twelve-month period.
References to units mean units sold (net of returns and cancellations) by us and third-party sellers at Amazon.com domains worldwide -- such as www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.co.jp, www.amazon.fr, and www.amazon.ca -- and at Syndicated Stores domains, as well as Amazon.com-owned items sold through catalogs and at non-Amazon.com domains, such as books, music, and DVD/video items ordered from Amazon.com's store at www.target.com. Units do not include Joyo.com units sold, Amazon.com gift certificates or DVD rentals. | <p>Adobe® Acrobat® Reader® required to view pdf files. To download a free a copy, click here.To save pdf files, please click on diskette icon on the Adobe® Acrobat® Reader® nav bar.</p><div>SEATTLE--Feb. 2, 2005--Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its fourth quarter and year ended December 31, 2004.<p>Operating cash flow was $567 million for 2004, compared with $392 million for 2003. Free cash flow grew 38% to $477 million for 2004, compared with $346 million for 2003. Common shares outstanding plus shares underlying stock-based awards outstanding totaled 434 million at December 31, 2004, compared with 433 million a year ago.</p><p>Net sales were $2.54 billion in the fourth quarter, compared with $1.95 billion in fourth quarter 2003, an increase of 31%. Net sales, excluding the $85 million benefit from changes in foreign exchange rates, grew 26% compared with fourth quarter 2003.</p><p>Operating income was $162 million in the fourth quarter, compared with $138 million in fourth quarter 2003. Consolidated segment operating income grew 16% to $177 million in the fourth quarter, compared with $153 million in the fourth quarter 2003. Excluding the $5 million benefit from changes in foreign exchange rates, consolidated segment operating income grew 13% compared with fourth quarter 2003.</p><p>Net income was $347 million in the fourth quarter, or $0.82 per diluted share, compared with net income of $73 million, or $0.17 per diluted share, in fourth quarter 2003. Pro forma net income in the fourth quarter was $394 million, or $0.93 per diluted share, compared with $125 million, or $0.29 per diluted share, in fourth quarter 2003. Excluding the benefit from realizing a $244 million deferred tax asset related primarily to net operating loss carryforwards attributable to continuing operations, fourth quarter pro forma net income would have been $149 million, or $0.35 per diluted share.</p><p>Today the Company also introduced "Amazon Prime," Amazon.com's first ever membership program. For a flat membership fee of $79 per year, members get unlimited, express two-day shipping for free, with no minimum purchase requirement. Members also get one-day, overnight shipping for only $3.99 per item -- order as late as 6:30PM ET.</p><p>"Amazon Prime is 'all-you-can-eat' express shipping," said Jeff Bezos, founder and CEO of Amazon.com. "Though expensive for the Company in the short-term, it's a significant benefit and more convenient for customers. With Amazon Prime, there's no minimum purchase to think about, and no consolidating orders -- two-day shipping becomes an everyday experience rather than an occasional indulgence."</p><p>Members can also share the benefits of Amazon Prime with up to four family members living in their household. Details can be found at www.amazon.com/prime.</p><p>Full Year 2004</p><p>Net sales were $6.92 billion in 2004, compared with $5.26 billion in 2003, an increase of 31%. Net sales, excluding the $276 benefit from foreign exchange rates, grew 26% compared with 2003.</p><p>Operating income was $440 million in 2004, compared with $271 million in 2003. Consolidated segment operating income grew 36% to $490 million in 2004, compared with $361 million in 2003. Excluding the $20 million benefit from foreign exchange rates, consolidated segment operating income grew 30% in 2004 compared with 2003.</p><p>Net income was $588 million in 2004, or $1.39 per diluted share, compared with net income of $35 million, or $0.08 per diluted share, in 2003. Pro forma net income for 2004 was $639 million, or $1.50 per diluted share, compared with $256 million, or $0.61 per diluted share, in 2003. Excluding the benefit from realizing a $244 million deferred tax asset related primarily to net operating loss carryforwards attributable to continuing operations, 2004 pro forma net income would have been $395 million, or $0.93 per diluted share.</p><p>Amazon.com also announced today that on March 7, 2005 it will redeem EUR 200 million ($261 million at the Euro to U.S. dollar exchange rate on January 31, 2005) in principal amount of its outstanding 6.875% Convertible Subordinated Notes due 2010, plus accrued and unpaid interest from and including February 16, 2005 to March 6, 2005, under its previously announced $500 million debt repurchase authorization. No premium payment is required to redeem these notes.</p><p>Highlights</p><ul><li>North America segment sales, representing the Company's U.S. and Canadian sites, were $1.39 billion, up 22% compared with fourth quarter 2003. Segment operating income increased to $122 million from $114 million, compared with fourth quarter 2003.</li><li>North America Media growth was 18% in the fourth quarter, driven in part by continued price reductions, including an increase in the discount on books over $15 from 30% to 32%, and books over $25 from 32% to 34%.</li><li>International segment sales, representing the Company's U.K., German, French, Japanese, and Chinese sites, were $1.15 billion, up 43% compared with fourth quarter 2003. Excluding the benefit from exchange rates, net sales growth was 33%. Segment operating income increased to $55 million from $39 million, compared with fourth quarter 2003.</li><li>International segment sales accounted for 44% of worldwide net sales in 2004, up from 38% in 2003. Shipments to 225 countries outside the U.S. accounted for 49% of worldwide shipments in 2004, up from 43% in 2003.</li><li>Electronics & Other General Merchandise sales grew 53% to $1.69 billion for 2004, representing 24% of worldwide net sales. During the Thanksgiving weekend, consumer electronics sales in the U.S. exceeded books sales for the first time in the Company's history, and in the December issue of the leading consumer research magazine Amazon.com was named the best place to shop for consumer electronics.</li><li>Amazon.co.uk launched a new DVD rental service with plans that start from just GBP 7.99 per month. Rental members also receive an extra 10% discount off Amazon's already low prices on all of their DVD purchases from Amazon.co.uk.</li><li>Customers worldwide have placed hundreds of thousands of preorders for the sixth installment in the Harry Potter series, Harry Potter and the Half Blood Prince, scheduled to be released on July 16, 2005.</li><li>A9.com, a subsidiary of Amazon.com, launched A9.com Yellow Pages, a new service that helps users find and discover local businesses in a completely new way, including "Block View(TM)," a powerful technology which brings the Yellow Pages to life by showing a street view of millions of businesses and their surroundings. Block View allows users to see storefronts and virtually walk up and down the streets of currently more than 10 U.S. cities using over 20 million photographs. In addition, A9.com Yellow Pages uses features on Amazon.com that allow users to review, rate, provide more information, collect lists, and get recommendations on more than 14 million businesses across the U.S. A9.com Yellow Pages are available now on the A9.com homepage at www.a9.com.</li><li>In the first two weeks following the South Asia tsunami on December 26th, Amazon.com's worldwide customers made over 200,000 donations totaling more than $15 million to the Red Cross for tsunami disaster relief.</li></ul><p>See "Financial Measures" for additional information.</p><p>Financial Guidance</p><p>The following forward-looking statements reflect Amazon.com's expectations as of February 2, 2005. Results may be materially affected by many factors, such as fluctuations in foreign exchange rates, changes in global economic conditions and consumer spending, world events, the rate of growth of the Internet and online commerce, and the various factors detailed below.</p><p>First Quarter 2005 Guidance</p><ul><li>Net sales are expected to be between $1.80 billion and $1.95 billion, or grow between 18% and 27%, compared with first quarter 2004.</li><li>Operating income is expected to be between $80 million and $110 million, or decline between (28%) and 0%, compared with first quarter 2004, assuming, among other things, that the Company adopts SFAS No. 123R on January 1, 2005, stock-based compensation is $25 million, and there are no further revisions to restructuring-related estimates.</li></ul><p>Full Year 2005 Expectations</p><ul><li>Net sales are expected to be between $8.05 billion and $8.65 billion, or grow between 16% and 25%.</li><li>Operating income is expected to be between $385 million and $510 million, or between (13%) and 16% growth, compared with 2004, assuming, among other things, that the Company adopts SFAS No. 123R on January 1, 2005, stock-based compensation is $115 million, and there are no further revisions to restructuring-related estimates.</li></ul><p>A conference call will be webcast live today at 2 p.m. PT/5 p.m. ET, and will be available at least through March 31, 2005, at www.amazon.com/ir. This call will contain forward-looking statements and other material information regarding the Company's financial and operating results.</p><p>These forward-looking statements are inherently difficult to predict. Actual results could differ materially for a variety of reasons, including, in addition to the factors discussed above, the amount that Amazon.com invests in new business opportunities and the timing of those investments, the mix of products sold to customers, the mix of net sales derived from products as compared with services, competition, management of growth, potential fluctuations in operating results, international growth and expansion, fulfillment center optimization, risks of inventory management, seasonality, the degree to which the Company enters into, maintains and develops commercial agreements, acquisitions and strategic transactions, and risks of fulfillment throughput and productivity. Other risks and uncertainties include, among others, risk of future losses, significant indebtedness, system interruptions, consumer trends, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2003, and all subsequent filings.</p><p>Financial Measures</p><p>The following measures are defined by the Securities and Exchange Commission as non-GAAP financial measures.</p><p>Free Cash Flow</p><p>Operating cash flow is net cash provided by (used in) operating activities, including cash outflows for interest and excluding proceeds from the exercise of stock-based employee awards. Free cash flow is operating cash flow less cash outflows for purchases of fixed assets, including internal-use software and website development. A tabular reconciliation of differences from the comparable GAAP measure -- operating cash flow -- is included in the attached "Supplemental Financial Information and Business Metrics."</p><p>Consolidated Segment Operating Income</p><p>Consolidated segment operating income is the sum of segment operating income of our individual segments and excludes the following line items on the Company's statements of operations:</p><ul><li>Stock-based compensation and</li><li>Other operating expense (income).</li></ul><p>A tabular reconciliation of differences from the comparable GAAP measure -- operating income -- is included in the attached "Pro Forma Statements of Operations."</p><p>Pro Forma Net Income</p><p>Pro forma net income excludes the following line items on the Company's statements of operations:</p><ul><li>Stock-based compensation,</li><li>Other operating expense (income), and</li><li>Remeasurements and other.</li></ul><p>A tabular reconciliation of differences from the comparable GAAP measure -- net income (loss) -- is included in the attached "Pro Forma Statements of Operations."</p><p>For additional information regarding these non-GAAP financial measures, see Exhibit 99.2 to our Form 8-K filed contemporaneously with the issuance of this release.</p><p>About Amazon.com</p><p>Amazon.com (NASDAQ:AMZN - News), a Fortune 500 company based in Seattle, opened its virtual doors on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer customers the lowest possible prices. Amazon.com and third-party sellers offer millions of unique new, refurbished, and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven websites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.co.jp, www.amazon.fr, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc. and its subsidiaries, unless the context indicates otherwise.</p><pre> AMAZON.COM, INC. Consolidated Statements of Cash Flows (in thousands) (unaudited) Three Months Ended Twelve Months Ended December 31, December 31, ----------------------- ------------------------ 2003 2004 2003 2004 ----------------------- ------------------------CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD $ 666,418 $ 745,608 $ 738,254 $ 1,102,273OPERATING ACTIVITIES:Net income 73,154 346,688 35,282 588,451Adjustments to reconcile net income to net cash provided by operating activities: Depreciation of fixed assets, including internal- use software and website development, and other amortization 18,467 20,831 75,558 75,724 Stock-based compensation 15,039 19,629 87,751 57,702 Other operating expense (income) 141 (4,777) 2,752 (7,964) Losses (gains) on sales of marketable securities, net (205) 204 (9,598) (586) Remeasurements and other 36,505 32,045 130,097 824 Non-cash interest expense and other 166 1,354 12,918 4,756Changes in operating assets and liabilities: Inventories (42,785) (107,724) (76,786) (168,896) Accounts receivable, net and other current assets (16,341) 6,883 1,616 (1,745) Accounts payable 299,316 423,944 167,732 286,091 Accrued expenses and other current liabilities 72,226 37,869 (27,982) (15,110) Deferred income taxes (311) (244,221) 931 (256,696) Additions to unearned revenue 22,989 25,467 101,641 109,936 Amortization of previously unearned revenue (26,021) (30,732) (111,740) (106,886) Interest payable 28,623 30,107 1,850 959 ---------- ---------- ---------- -----------Net cash provided by operating activities 480,963 557,567 392,022 566,560INVESTING ACTIVITIES:Sales and maturities of marketable securities and other investments 232,173 419,375 813,184 1,426,786Purchases of marketable securities (121,448) (448,057) (535,642) (1,584,089)Purchases of fixed assets, including internal-use software and website development (17,236) (36,755) (45,963) (89,133)Proceeds from sale of subsidiary - - 5,072 -Acquisition, net of cash acquired - - - (71,195) ---------- ---------- ---------- -----------Net cash provided by (used in) investing activities 93,489 (65,437) 236,651 (317,631)FINANCING ACTIVITIES:Proceeds from exercises of stock options 30,490 17,491 163,322 60,109Repayments of long- term debt and capital lease obligations (207,732) (559) (495,308) (157,401) ---------- ---------- ---------- -----------Net cash provided by (used in) financing activities (177,242) 16,932 (331,986) (97,292)Foreign-currency effect on cash and cash equivalents 38,645 47,930 67,332 48,690 ---------- ---------- ---------- -----------Net increase in cash and cash equivalents 435,855 556,992 364,019 200,327 ---------- ---------- ---------- -----------CASH AND CASH EQUIVALENTS, END OF PERIOD $1,102,273 $1,302,600 $1,102,273 $ 1,302,600 ========== ========== ========== ===========SUPPLEMENTAL CASH FLOW INFORMATION:Fixed assets acquired under capital leases and other financing arrangements $ 29 $ 202 $ 2,677 $ 860Cash paid for interest 3,112 39 119,947 107,604Cash paid for income taxes 197 1,392 1,825 4,051Note: The attached "Financial and Operational Summary" is an integralpart of the press release financial statements. AMAZON.COM, INC. Consolidated Statements of Operations (in thousands, except per share data) (unaudited) Three Months Ended Twelve Months Ended December 31, December 31, ----------------------- ------------------------ 2003 2004 2003 2004 ----------------------- ------------------------Net sales $1,945,772 $2,540,959 $5,263,699 $ 6,921,124Cost of sales 1,518,935 1,996,493 4,006,531 5,319,127 ---------- ---------- ---------- -----------Gross profit 426,837 544,466 1,257,168 1,601,997Operating expenses: Fulfillment 158,815 204,454 477,032 590,397 Marketing 40,291 58,200 122,787 158,022 Technology and content 51,811 72,821 207,809 251,195 General and administrative 22,984 31,697 88,302 112,220 Stock-based compensation (1) 15,039 19,629 87,751 57,702 Other operating expense (income) 281 (4,777) 2,892 (7,964) ---------- ---------- ---------- ----------- Total operating expenses 289,221 382,024 986,573 1,161,572 ---------- ---------- ---------- -----------Income from operations 137,616 162,442 270,595 440,425Interest income 5,330 9,778 21,955 28,197Interest expense (29,299) (27,134) (129,979) (107,227)Other income (expense), net (1,621) (5,021) 6,514 (4,701)Remeasurements and other (36,505) (32,045) (130,097) (824) ---------- ---------- ---------- ----------- Total non- operating expense, net (62,095) (54,422) (231,607) (84,555) ---------- ---------- ---------- -----------Income before income taxes 75,521 108,020 38,988 355,870Provision (benefit) for income taxes 2,367 (238,668) 3,706 (232,581) ---------- ---------- ---------- -----------Net income $ 73,154 $ 346,688 $ 35,282 $ 588,451 ========== ========== ========== ===========Basic earnings per share $ 0.18 $ 0.85 $ 0.09 $ 1.45 ========== ========== ========== ===========Diluted earnings per share $ 0.17 $ 0.82 $ 0.08 $ 1.39 ========== ========== ========== ===========Weighted average shares used in computation of earnings per share: Basic 401,422 408,227 395,479 405,926 ========== ========== ========== =========== Diluted 425,214 425,034 419,352 424,757 ========== ========== ========== ===========(1) Components of stock-based compensation: Fulfillment $ 1,739 $ 3,779 $ 17,960 $ 10,073 Marketing 802 1,483 4,968 4,253 Technology and content 9,747 11,240 49,555 31,781 General and administrative 2,751 3,127 15,268 11,595 ---------- ---------- ---------- ----------- $ 15,039 $ 19,629 $ 87,751 $ 57,702 ========== ========== ========== ===========Note: The attached "Financial and Operational Summary" is an integralpart of the press release financial statements. AMAZON.COM, INC. Pro Forma Statements of Operations (in thousands, except per share data) (unaudited) Three Months Ended December 31, 2003 ---------------------------------- As Reported Adjustments Pro Forma (1) ----------------------------------Net sales $1,945,772 $ - $1,945,772Cost of sales 1,518,935 - 1,518,935 ---------- -------- ----------Gross profit 426,837 - 426,837Operating expenses: Fulfillment 158,815 - 158,815 Marketing 40,291 - 40,291 Technology and content 51,811 - 51,811 General and administrative 22,984 - 22,984 Stock-based compensation 15,039 (15,039) - Other operating expense (income) 281 (281) - ---------- -------- ---------- Total operating expenses 289,221 (15,320) 273,901 ---------- -------- ----------Income from operations 137,616 15,320 152,936 (2)Interest income 5,330 - 5,330Interest expense (29,299) - (29,299)Other expense, net (1,621) - (1,621)Remeasurements and other (36,505) 36,505 - ---------- -------- ---------- Total non-operating expense, net (62,095) 36,505 (25,590) ---------- -------- ----------Income before income taxes 75,521 51,825 127,346Provision (benefit) for income taxes 2,367 - 2,367 ---------- -------- ----------Net income $ 73,154 $ 51,825 $ 124,979 ========== ======== ==========Basic earnings per share $ 0.18 $ 0.13 $ 0.31 ========== ======== ==========Diluted earnings per share $ 0.17 $ 0.12 $ 0.29 ========== ======== ==========Weighted average shares used in computation of earnings per share: Basic 401,422 401,422 ========== ========== Diluted 425,214 425,214 ========== ==========Net cash provided by operating activities $ 480,963Purchases of fixed assets, including internal-use software and website development (17,236) ----------Free cash flow $ 463,727 ==========Net cash provided by (used in) investing activities $ 93,489 ==========Net cash provided by (used in) financing activities $ (177,242) ========== Three Months Ended December 31, 2004 ---------------------------------- As Reported Adjustments Pro Forma (1) ----------------------------------Net sales $2,540,959 $ - $2,540,959Cost of sales 1,996,493 - 1,996,493 ---------- -------- ----------Gross profit 544,466 - 544,466Operating expenses: Fulfillment 204,454 - 204,454 Marketing 58,200 - 58,200 Technology and content 72,821 - 72,821 General and administrative 31,697 - 31,697 Stock-based compensation 19,629 (19,629) - Other operating expense (income) (4,777) 4,777 - ---------- -------- ---------- Total operating expenses 382,024 (14,852) 367,172 ---------- -------- ----------Income from operations 162,442 14,852 177,294 (2)Interest income 9,778 - 9,778Interest expense (27,134) - (27,134)Other expense, net (5,021) - (5,021)Remeasurements and other (32,045) 32,045 - ---------- -------- ---------- Total non-operating expense, net (54,422) 32,045 (22,377) ---------- -------- ----------Income before income taxes 108,020 46,897 154,917Provision (benefit) for income taxes (238,668) - (238,668) ---------- -------- ----------Net income $ 346,688 $ 46,897 $ 393,585 =========== ======== ==========Basic earnings per share $ 0.85 $ 0.11 $ 0.96 ========== ======== ==========Diluted earnings per share $ 0.82 $ 0.11 $ 0.93 ========== ======== ==========Weighted average shares used in computation of earnings per share: Basic 408,227 408,227 ========== ========== Diluted 425,034 425,034 ========== ==========Net cash provided by operating activities $ 557,567Purchases of fixed assets, including internal-use software and website development (36,755) ----------Free cash flow $ 520,812 ==========Net cash provided by (used in) investing activities $ (65,437) ==========Net cash provided by (used in) financing activities $ 16,932 ==========(1) In accordance with accounting principles generally accepted in the United States.(2) Consolidated segment operating income.Note: The attached "Financial and Operational Summary" is an integralpart of the press release financial statements. AMAZON.COM, INC. Pro Forma Statements of Operations (in thousands, except per share data) (unaudited) Twelve Months Ended December 31, 2003 ---------------------------------- As Reported Adjustments Pro Forma (1) ----------------------------------Net sales $5,263,699 $ - $5,263,699Cost of sales 4,006,531 - 4,006,531 ---------- -------- ----------Gross profit 1,257,168 - 1,257,168Operating expenses: Fulfillment 477,032 - 477,032 Marketing 122,787 - 122,787 Technology and content 207,809 - 207,809 General and administrative 88,302 - 88,302 Stock-based compensation 87,751 (87,751) - Other operating expense (income) 2,892 (2,892) - ---------- -------- ---------- Total operating expenses 986,573 (90,643) 895,930 ---------- -------- ----------Income from operations 270,595 90,643 361,238 (2)Interest income 21,955 - 21,955Interest expense (129,979) - (129,979)Other income (expense), net 6,514 - 6,514Remeasurements and other (130,097) 130,097 - ---------- -------- ---------- Total non-operating expense, net (231,607) 130,097 (101,510) ---------- -------- ----------Income before income taxes 38,988 220,740 259,728Provision (benefit) for income taxes 3,706 - 3,706 ---------- -------- ----------Net income $ 35,282 $220,740 $ 256,022 ========== ======== ==========Basic earnings per share $ 0.09 $ 0.56 $ 0.65 ========== ======== ==========Diluted earnings per share $ 0.08 $ 0.53 $ 0.61 ========== ======== ==========Weighted average shares used in computation of earnings per share: Basic 395,479 395,479 ========== ========== Diluted 419,352 419,352 ========== ==========Net cash provided by operating activities $ 392,022Purchases of fixed assets, including internal-use software and website development (45,963) ----------Free cash flow $ 346,059 ==========Net cash provided by (used in) investing activities $ 236,651 ==========Net cash used in financing activities $ (331,986) ========== Twelve Months Ended December 31, 2004 ------------------------------------- As Reported Adjustments Pro Forma (1) ----------------------------------Net sales $6,921,124 $ - $6,921,124Cost of sales 5,319,127 - 5,319,127 ---------- -------- ----------Gross profit 1,601,997 - 1,601,997Operating expenses: Fulfillment 590,397 - 590,397 Marketing 158,022 - 158,022 Technology and content 251,195 - 251,195 General and administrative 112,220 - 112,220 Stock-based compensation 57,702 (57,702) - Other operating expense (income) (7,964) 7,964 - ---------- -------- ---------- Total operating expenses 1,161,572 (49,738) 1,111,834 ---------- -------- ----------Income from operations 440,425 49,738 490,163 (2)Interest income 28,197 - 28,197Interest expense (107,227) - (107,227)Other income (expense), net (4,701) - (4,701)Remeasurements and other (824) 824 - ---------- -------- ---------- Total non-operating expense, net (84,555) 824 (83,731) ---------- -------- ----------Income before income taxes 355,870 50,562 406,432Provision (benefit) for income taxes (232,581) - (232,581) ---------- -------- ----------Net income $ 588,451 $ 50,562 $ 639,013 ========== ======== ==========Basic earnings per share $ 1.45 $ 0.12 $ 1.57 ========== ======== ==========Diluted earnings per share $ 1.39 $ 0.11 $ 1.50 ========== ======== ==========Weighted average shares used in computation of earnings per share: Basic 405,926 405,926 ========== ========== Diluted 424,757 424,757 ========== ==========Net cash provided by operating activities $ 566,560Purchases of fixed assets, including internal-use software and website development (89,133) ----------Free cash flow $ 477,427 ==========Net cash provided by (used in) investing activities $ (317,631) ==========Net cash used in financing activities $ (97,292) ==========(1) In accordance with accounting principles generally accepted in the United States.(2) Consolidated segment operating income.Note: The attached "Financial and Operational Summary" is an integralpart of the press release financial statements. AMAZON.COM, INC. Segment Information (in thousands) (unaudited) Three Months Ended Twelve Months Ended December 31, December 31, ----------------------- ----------------------- 2003 2004 2003 2004 ---------- ---------- ---------- ----------North AmericaNet sales $1,141,907 $1,392,283 $3,258,413 $3,847,344Cost of sales 853,253 1,037,659 2,391,749 2,823,792 ---------- ---------- ---------- ----------Gross profit 288,654 354,624 866,664 1,023,552Direct segment operating expenses 174,383 232,618 583,619 702,676 ---------- ---------- ---------- ----------Segment operating income 114,271 122,006 283,045 320,876InternationalNet sales 803,865 1,148,676 2,005,286 3,073,780Cost of sales 665,682 958,834 1,614,782 2,495,335 ---------- ---------- ---------- ----------Gross profit 138,183 189,842 390,504 578,445Direct segment operating expenses 99,518 134,554 312,311 409,158 ---------- ---------- ---------- ----------Segment operating income 38,665 55,288 78,193 169,287ConsolidatedNet sales 1,945,772 2,540,959 5,263,699 6,921,124Cost of sales 1,518,935 1,996,493 4,006,531 5,319,127 ---------- ---------- ---------- ----------Gross profit 426,837 544,466 1,257,168 1,601,997Direct segment operating expenses 273,901 367,172 895,930 1,111,834 ---------- ---------- ---------- ----------Segment operating income 152,936 177,294 361,238 490,163Stock-based compensation 15,039 19,629 87,751 57,702Other operating expense (income) 281 (4,777) 2,892 (7,964) ---------- ---------- ---------- ----------Income from operations 137,616 162,442 270,595 440,425Total non-operating expense, net 62,095 54,422 231,607 84,555Provision (benefit) for income taxes 2,367 (238,668) 3,706 (232,581) ---------- ---------- ---------- ----------Net income (loss) $ 73,154 $ 346,688 $ 35,282 $ 588,451 ========== ========== ========== ==========Segment Highlights:Y/Y net sales growth:North America 18% 22% 18% 18%International 74 43 71 53Consolidated 36 31 34 31Y/Y gross profit growth:North America 19% 23% 17% 18%International 49 37 55 48Consolidated 27 28 27 27Y/Y segment operating income growth:North America 39% 7% 58% 13%International 96 43 N/A 116Consolidated 50 16 101 36Net sales mix:North America 59% 55% 62% 56%International 41 45 38 44Note: The attached "Financial and Operational Summary" is an integralpart of the press release financial statements. AMAZON.COM, INC. Supplemental Net Sales Information (in thousands) (unaudited) Three Months Ended Twelve Months Ended December 31, December 31, ----------------------- ----------------------- 2003 2004 2003 2004 ---------- ---------- ---------- ----------North AmericaMedia $ 750,891 $ 885,354 $2,269,472 $2,589,438Electronics and other general merchandise 352,517 448,890 878,519 1,127,754Other 38,499 58,039 110,422 130,152 ---------- ---------- ---------- ---------- 1,141,907 1,392,283 3,258,413 3,847,344InternationalMedia 682,741 911,011 1,779,476 2,512,911Electronics and other general merchandise 120,850 236,927 224,606 558,490Other 274 738 1,204 2,379 ---------- ---------- ---------- ---------- 803,865 1,148,676 2,005,286 3,073,780ConsolidatedMedia 1,433,632 1,796,365 4,048,948 5,102,349Electronics and other general merchandise 473,367 685,817 1,103,125 1,686,244Other 38,773 58,777 111,626 132,531 ---------- ---------- ---------- ---------- $1,945,772 $2,540,959 $5,263,699 $6,921,124 ========== ========== ========== ==========Y/Y Net Sales Growth:North America:Media 16% 18% 14% 14%Electronics and other general merchandise 22 27 29 28Other 36 51 29 18International:Media 59% 33% 61% 41%Electronics and other general merchandise 290 96 241 149Other (24) 169 (38) 98Consolidated:Media 33% 25% 31% 26%Electronics and other general merchandise 48 45 48 53Other 35 52 28 19Consolidated Net Sales Mix:Media 74% 71% 77% 74%Electronics and other general merchandise 24 27 21 24Other 2 2 2 2Note: The attached "Financial and Operational Summary" is an integralpart of the press release financial statements. AMAZON.COM, INC. Consolidated Balance Sheets (in thousands, except per share data) (unaudited) December 31, 2003 2004 ----------- -----------ASSETSCurrent assets: Cash and cash equivalents $ 1,102,273 $ 1,302,600 Marketable securities 292,550 476,599 ----------- ----------- Cash, cash equivalents, and marketable securities 1,394,823 1,779,199 Inventories 293,917 479,709 Current deferred tax assets 596 81,388 Accounts receivable, net and other current assets 131,473 199,100 ----------- ----------- Total current assets 1,820,809 2,539,396Fixed assets, net 224,285 246,156Goodwill 69,121 138,999Long-term deferred tax assets 4,142 281,757Other assets 43,676 42,200 ----------- ----------- Total assets $ 2,162,033 $ 3,248,508 =========== ===========LIABILITIES AND STOCKHOLDERS' DEFICITCurrent liabilities: Accounts payable $ 819,811 $ 1,141,733 Accrued expenses and other current liabilities 317,730 361,128 Unearned revenue 37,844 41,099 Interest payable 73,100 74,059 Current portion of long-term debt and other 4,216 2,381 ----------- ----------- Total current liabilities 1,252,701 1,620,400Long-term debt and other 1,945,439 1,855,319Commitments and contingenciesStockholders' deficit: Preferred stock, $0.01 par value: Authorized shares -- 500,000 Issued and outstanding shares -- none - - Common stock, $0.01 par value: Authorized shares -- 5,000,000 Issued and outstanding shares -- 403,354 and 409,711 4,034 4,097 Additional paid-in capital 1,899,398 2,124,598 Deferred stock-based compensation (2,850) (2,038) Accumulated other comprehensive income 37,739 32,109 Accumulated deficit (2,974,428) (2,385,977) ----------- ----------- Total stockholders' deficit (1,036,107) (227,211) ----------- ----------- Total liabilities and stockholders' deficit $ 2,162,033 $ 3,248,508 =========== ===========Note: The attached "Financial and Operational Summary" is an integralpart of the press release financial statements. AMAZON.COM, INC. Supplemental Financial Information and Business Metrics (in millions, except per share data) (unaudited)---------------------------------------------------------------------- Y/Y % Q4 2003 Q1 2004 Q2 2004 Q3 2004 Q4 2004 Change ------- ------- ------- ------- ------- -------Cash Flows and SharesOperating cash flow -- trailing twelve months (TTM) $ 392 $ 393 $ 410 $ 490 $ 567 45%Purchase of fixed assets (incl. internal-use software & website development) -- TTM $ 46 $ 49 $ 56 $ 70 $ 89 94%Free cash flow (operating cash flow less purchases of fixed assets) -- TTM $ 346 $ 344 $ 354 $ 420 $ 477 38%Common shares and stock-based awards less outstanding 433 432 434 434 434 than 1%Common shares outstanding 403 405 407 407 410 2%Stock-based awards outstanding 29 27 27 27 25 (16%)Stock-based awards outstanding -- % of common shares outstanding 7.3% 6.8% 6.7% 6.6% 6.0% N/AResults of OperationsWorldwide (WW) net sales $1,946 $1,530 $1,387 $1,462 $2,541 31%WW net sales -- Y/Y growth, excluding the effect of foreign exchange rates 29.4% 33.2% 21.9% 23.9% 26.2% N/AWW net sales -- TTM $5,264 $5,710 $5,998 $6,326 $6,921 31%Gross profit $ 427 $ 361 $ 341 $ 356 $ 544 28%Gross margin -- % of WW net sales 21.9% 23.6% 24.6% 24.3% 21.4% N/AGross profit -- TTM $1,257 $1,347 $1,415 $1,484 $1,602 27%Gross margin -- TTM % of WW net sales 23.9% 23.6% 23.6% 23.5% 23.1% N/AFulfillment costs -- % of WW net sales 8.2% 8.3% 8.8% 9.3% 8.0% N/AFulfillment costs -- TTM % of WW net sales 9.1% 8.8% 8.6% 8.6% 8.5% N/AConsolidated direct segment operating expenses $ 274 $ 244 $ 240 $ 261 $ 367 34%Consolidated direct segment operating expenses -- TTM $ 896 $ 937 $ 970 $1,019 $1,112 24%Consolidated segment operating income $ 153 $ 117 $ 101 $ 95 $ 177 16%Consolidated segment operating margin -- % of WW net sales 7.9% 7.6% 7.3% 6.5% 7.0% N/AConsolidated segment operating income -- TTM $ 361 $ 411 $ 444 $ 466 $ 490 36%Consolidated segment operating margin -- TTM % of WW net sales 6.9% 7.2% 7.4% 7.4% 7.1% N/AGAAP operating income $ 138 $ 110 $ 86 $ 81 $ 162 18%GAAP operating margin -- % of WW net sales 7.1% 7.2% 6.2% 5.6% 6.4% N/AGAAP operating income -- TTM $ 271 $ 342 $ 386 $ 416 $ 440 63%GAAP operating margin -- TTM % of WW net sales 5.1% 6.0% 6.4% 6.6% 6.4% N/APro forma net income (1) $ 125 $ 97 $ 75 $ 73 $ 394 215%Pro forma net income per diluted share (1) $ 0.29 $ 0.23 $ 0.18 $ 0.17 $ 0.93 215%Pro forma net income -- TTM (1) $ 256 $ 313 $ 345 $ 370 $ 639 150%Pro forma net income per diluted share -- TTM (1) $ 0.61 $ 0.74 $ 0.81 $ 0.87 $ 1.50 146%GAAP net income $ 73 $ 111 $ 76 $ 54 $ 347 374%GAAP net income per diluted share $ 0.17 $ 0.26 $ 0.18 $ 0.13 $ 0.82 374%GAAP net income -- TTM $ 35 $ 157 $ 276 $ 315 $ 588 N/AGAAP net income per diluted share -- TTM $ 0.08 $ 0.37 $ 0.65 $ 0.74 $ 1.39 N/ANorth America segment: Net sales $1,142 $ 847 $ 792 $ 816 $1,392 22% Net sales -- TTM $3,258 $3,401 $3,490 $3,597 $3,847 18% Gross profit $ 289 $ 226 $ 220 $ 223 $ 355 23% Gross margin -- % of North American net sales 25.3% 26.7% 27.7% 27.4% 25.5% N/A Gross profit -- TTM $ 867 $ 906 $ 935 $ 958 $1,024 18% Gross margin -- TTM % of North America net sales 26.6% 26.6% 26.8% 26.6% 26.6% N/A Operating income $ 114 $ 76 $ 66 $ 57 $ 122 7% Operating margin -- % of North America net sales 10.0% 8.9% 8.3% 7.0% 8.8% N/A Operating income -- TTM $ 283 $ 307 $ 318 $ 313 $ 321 13% Operating margin -- TTM % of North America net sales 8.7% 9.0% 9.1% 8.7% 8.3% N/A---------------------- ------ ------ ------ ------ ------ -------Note: The attached "Financial and Operational Summary" is an integralpart of this Supplemental Financial Information and Business Metrics(1) Excluding the benefit from realizing a $244 million deferred tax asset related primarily to net operating loss carryforwards attributable to continuing operations, pro forma net income would have been $149 million, or $0.35 per diluted share, for Q4, and $395 million, or $0.93 per diluted share, for 2004. AMAZON.COM, INC. Supplemental Financial Information and Business Metrics (in millions, except inventory turnover, accounts payable days, and employee data) (unaudited)---------------------------------------------------------------------- Y/Y % Q4 2003 Q1 2004 Q2 2004 Q3 2004 Q4 2004 Change ------- ------- ------- ------- ------- ------International segment: Net sales $ 804 $ 684 $ 595 $ 646 $1,149 43% Net sales -- Y/Y growth, excluding the effect of foreign exchange rates 53.6% 57.9% 38.1% 38.9% 32.5% N/A Net sales -- TTM $2,005 $2,310 $2,508 $2,729 $3,074 53% Gross profit $ 138 $ 135 $ 121 $ 132 $ 190 37% Gross margin -- % of International net sales 17.2% 19.8% 20.4% 20.5% 16.5% N/A Gross profit -- TTM $ 391 $ 442 $ 479 $ 527 $ 578 48% Gross margin -- TTM % of International net sales 19.5% 19.1% 19.1% 19.3% 18.8% N/A Operating income $ 39 $ 41 $ 35 $ 38 $ 55 43% Operating margin -- % of International net sales 4.8% 6.1% 5.9% 5.8% 4.8% N/A Operating income -- TTM $ 78 $ 104 $ 126 $ 153 $ 169 116% Operating margin -- TTM % of International net sales 3.9% 4.5% 5.0% 5.6% 5.5% N/AInternational segment -- TTM % of net sales 38.1% 40.5% 41.8% 43.1% 44.4% N/AWorldwide net sales shipped outside the U.S. -- TTM % of net sales 43.4% 45.6% 46.9% 48.2% 49.2% N/ASupplemental Worldwide Net Sales: Media $1,434 $1,175 $1,037 $1,094 $1,796 25% Media -- TTM $4,049 $4,351 $4,523 $4,740 $5,102 26% Electronics and other general merchandise $ 473 $ 331 $ 325 $ 344 $ 686 45% Electronics and other general merchandise -- TTM $1,103 $1,244 $1,360 $1,474 $1,686 53% Other $ 39 $ 24 $ 25 $ 24 $ 59 52% Other -- TTM $ 112 $ 116 $ 115 $ 113 $ 133 19%Supplemental North America Segment Net Sales: Media $ 751 $ 599 $ 542 $ 564 $ 885 18% Media -- TTM $2,269 $2,351 $2,394 $2,455 $2,589 14% Electronics and other general merchandise $ 353 $ 224 $ 226 $ 229 $ 449 27% Electronics and other general merchandise -- TTM $ 879 $ 935 $ 983 $1,031 $1,128 28% Other $ 38 $ 24 $ 25 $ 24 $ 58 51% Other -- TTM $ 110 $ 115 $ 113 $ 111 $ 130 18%Supplemental International Segment Net Sales: Media $ 683 $ 576 $ 496 $ 530 $ 911 33% Media -- TTM $1,779 $2,000 $2,129 $2,285 $2,513 41% Electronics and other general merchandise $ 121 $ 107 $ 99 $ 116 $ 237 96% Electronics and other general merchandise -- TTM $ 225 $ 309 $ 377 $ 442 $ 558 149% Other $ 0 $ 0 $ 1 $ 0 $ 1 169% Other -- TTM $ 1 $ 1 $ 2 $ 2 $ 2 98%Balance SheetCash and marketable securities $1,395 $ 998 $1,151 $1,185 $1,779 28%Inventory, net -- ending $ 294 $ 282 $ 284 $ 357 $ 480 63%Inventory -- average inventory % of TTM net sales 4.1% 4.1% 4.3% 4.6% 4.9% N/AInventory turnover, average -- TTM 18.4 18.7 17.9 16.6 15.7 (15%)Fixed assets, net $ 224 $ 217 $ 216 $ 227 $ 246 10%Accounts payable days -- ending 50 44 51 57 53 6%OtherEmployees (full-time and part-time; excludes contractors & temporary personnel) 7,800 8,100 8,200 8,800 9,000 15%----------------------- ------ ------ ------ ------ ------ ------Note: The attached "Financial and Operational Summary" is an integralpart of this Supplemental Financial Information and Business Metrics</pre><p>AMAZON.COM, INC.</p><p>Financial and Operational Summary (unaudited)</p><p>Quarterly Results of Operations (comparisons are with the equivalent period of the prior year, unless otherwise stated)</p><p>Net Sales</p><ul><li>Shipping revenue, which excludes amounts earned from third-party sellers where Amazon does not provide fulfillment services, was $156 million, up 14% from $137 million.</li></ul><p>Cost of Sales</p><ul><li>Cost of sales consists of the purchase price of consumer products sold by us, inbound and outbound shipping charges, packaging supplies, and costs incurred in operating and staffing our fulfillment and customer service centers on behalf of other businesses, such as Toysrus.com and Target.com.</li><li>Outbound shipping-related costs totaled $234 million, up from $193 million. Net shipping loss was $78 million, up from a net loss of $56 million, resulting primarily from our free-shipping offers.</li></ul><p>Direct Segment Operating Expenses</p><ul><li>Fourth quarter direct segment operating expenses as a percentage of net sales were as follows:</li></ul><pre> 2003 2004 ---- ---- Fulfillment 8.2% 8.0% Marketing 2.1% 2.3% Technology and content 2.7% 2.9% General and administrative 1.2% 1.2%</pre><ul><li>Depreciation was $21 million in fourth quarter 2004 and $75 million over the trailing twelve months.</li></ul><p>Fulfillment</p><ul><li>Fulfillment costs include those costs incurred in operating and staffing our fulfillment and customer service centers, including costs attributable to buying, receiving, inspecting and warehousing inventories; credit card fees, and bad debt costs, including costs associated with our guarantee for certain third-party seller transactions. Fulfillment costs also include amounts paid to third parties, who assist us in fulfillment and customer service operations.</li><li>Credit card fees associated with third-party seller transactions are based on the gross purchase price of underlying transactions, and therefore represent a larger percentage of our recorded revenue than credit card fees on our retail sales. Bad debt costs, including costs associated with our guarantee program, are also higher as a percentage of recorded revenue versus our retail sales. Accordingly, this negatively affects fulfillment costs as a percentage of net sales.</li><li>Fulfillment costs decreased as a percentage of sales from the prior year, but increased in absolute dollars due to variable costs corresponding with sales volume, our mix of product sales, credit card fees, and bad debt costs, including costs associated with our guarantee for certain third-party seller transactions. We expect absolute amounts spent in fulfillment to increase over time.</li></ul><p>Marketing</p><ul><li>Marketing efforts include targeted online marketing channels, such as our Associates and Syndicated Stores programs, sponsored search, portal advertising, e-mail campaigns and other initiatives. Since our marketing expenses are largely variable, we expect absolute amounts spent in marketing to increase over time. To the extent there is increased or decreased competition for these traffic sources, or to the extent our mix of these channels shifts, we would expect to see a corresponding change in our marketing expense. While costs associated with free shipping are not included in marketing expense, we view our free-shipping offers as an effective worldwide marketing tool and intend to continue offering them indefinitely.</li></ul><p>Technology and Content</p><ul><li>Technology and content expenses consist principally of payroll and related expenses for employees involved in development of our websites, including editorial content, merchandising selection, systems and telecommunications support; costs associated with the systems and telecommunications infrastructure; and costs of acquired content.</li><li>Our spending in technology and content has increased as we are adding computer scientists and software engineers to enhance the customer experience on our websites and those websites powered by us, and improve our process efficiency. Additionally, we continue to invest in several areas of technology, including seller platform, A9.com, web services, additional development centers and digital initiatives. We intend to continue investing in these and other initiatives and expect absolute dollars spent in technology and content to increase over time as we continue to add computer scientists and software engineers to our staff.</li><li>A significant majority of these costs are incurred in the U.S. and most of them are allocated to our North America segment.</li><li>We expense costs related to the development of internal-use software and website development other than those incurred during the application development stage. Costs incurred during the application development stage are capitalized and amortized over the two-year estimated useful life of the software. For the three months ended December 31, 2004 and 2003, we capitalized $16 million and $9 million of internal-use software costs, which was offset by amortization of previously capitalized amounts of $8 million and $7 million.</li></ul><p>General and Administrative</p><ul><li>General and Administrative costs increased primarily due to increases in professional and litigation costs. We expect absolute dollars spent in general and administrative to increase over time.</li></ul><p>Stock-Based Compensation</p><ul><li>Since October 2002, we have awarded restricted stock units as our primary form of stock-based compensation. Restricted stock units, under fixed accounting, are generally measured at fair value on the date of grant based on the number of shares granted and the quoted price of our common stock. Such value is recognized as an expense on an accelerated basis over the corresponding service period. To the extent that restricted stock units are forfeited prior to vesting, the corresponding previously recognized expense is reversed as an offset to stock-based compensation.</li><li>Stock-based awards generally fully vest over service periods of between three and six years.</li><li>Stock-based compensation was $20 million for the fourth quarter, consisting of $4 million in expense for stock awards under variable accounting, and $16 million for stock awards under fixed accounting plus matching stock contributions under our 401(k) program.</li><li>Payroll tax expense resulting from exercises of stock-based awards is a cash expense and is not classified in "Stock-based compensation," but is allocated to the corresponding operating expense categories on the statement of operations.</li><li>We granted 0.8 million stock awards, primarily restricted stock units, during the fourth quarter at a per-share weighted average fair value of $40. Year-to-date we have granted 3.5 million stock awards, primarily restricted stock units, at a per-share average fair value of $44.</li><li>At December 31, 2004, there were 25 million stock awards outstanding, consisting of 18 million stock options with a $13 weighted average exercise price, 6 million restricted stock units, and 0.5 million shares of restricted stock (included in common stock outstanding).</li><li>1 million outstanding stock awards, primarily stock options, were subject to variable accounting. Variable accounting treatment results in expense or contra-expense recognition using the cumulative expense method, calculated based on the quoted price of our common stock and vesting schedules of underlying awards. For example, since the closing price of our common stock on December 31, 2004, $44.29, was higher than the closing price on September 30, 2004, $40.86, we recorded an expense associated with variable accounting treatment for the fourth quarter of 2004.</li><li>SFAS 123R requires us to measure compensation cost for all share-based awards at fair value. The adoption of this standard will result in the recognition of stock-based compensation in future periods for remaining unvested stock options under fixed accounting and will not affect our accounting for restricted stock units, as we already account for those using fair value. We will be early-adopting the provisions of SFAS 123R with an implementation date of January 1, 2005, two quarters prior to the required adoption date of July 1, 2005.</li></ul><p>Other Operating Expense (Income)</p><ul><li>Included in "Other operating expense (income)" are restructuring-related expenses or credits and amortization of other intangibles. Amortization of other intangibles was $0.5 million and $0.1 million for fourth quarter 2004 and 2003.</li><li>Our first quarter 2001 operational restructuring plan is complete; however, we may periodically adjust our restructuring-related estimates, such as lease obligations, in the future if necessary.</li><li>Cash payments resulting from our 2001 operational restructuring were $3 million in fourth quarter 2004 and 2003.</li><li>During the fourth quarter we determined that some of the office space previously vacated as part of our 2001 restructuring, which we had been unable to sublease due to poor real estate market conditions, was necessary for our future needs. This resulted in a gain of $5 million for the fourth quarter. Future lease payments for this office space will be expensed over the lease period and classified to the corresponding operating expense categories on the consolidated statements of operations.</li><li>We estimate, based on currently available information, the remaining net cash outflows associated with restructuring-related leases and other commitments will be $5 million in 2005, and $8 million thereafter. Amounts due within twelve months are included within "Accrued expenses and other current liabilities" and the remaining amounts within "Long-term debt and other" on our balance sheet. These amounts are net of anticipated sublease income of $20 million (we have signed sublease agreements for $13 million).</li></ul><p>Other Income (Expense), Net</p><ul><li>Other expense of $5 million was primarily foreign-currency losses on interest payable for our 6.875% PEACS.</li></ul><p>Remeasurements and Other</p><ul><li>Remeasurements includes foreign-currency losses on remeasurement of the principal amount of our 6.875% PEACS from Euros to U.S. Dollars of $77 million, compared with a loss of $65 million.</li><li>Other includes a $44 million gain from the remeasurement of foreign-currency intercompany balances, which are to be repaid amongst subsidiaries.</li></ul><p>Provision (Benefit) for Income Taxes and Deferred Tax Asset</p><ul><li>We have recorded a tax benefit for current and deferred U.S. federal, state, and foreign income taxes, classified as "Provision (benefit) for income taxes" on the consolidated statements of operations.</li><li>We periodically evaluate the likelihood of future realization of deferred tax assets, and reduce the carrying amount of these deferred tax assets by a valuation allowance to derive a net deferred tax asset we believe is more likely than not to be realized. We consider many factors when assessing the likelihood of future realization of our deferred tax assets, including our recent cumulative earnings experience by taxing jurisdiction, expectations of future taxable income, the carry forward periods available to us for tax reporting purposes, and other relevant factors.</li><li>In the fourth quarter we determined that $363 million of our deferred tax asset is realizable through future operations, and recorded a current tax benefit of $244 million to "Provision (benefit) for income taxes" in our results of operations, and a $106 million credit to "Stockholders' Equity" on our consolidated balance sheet as of December 31, 2004.</li><li>Our net deferred tax assets are $363 million at December 31, 2004, comprised of approximately $270 million related to our net operating loss carryforwards (NOLs) and the remainder related to temporary timing differences between tax and financial reporting.</li><li>Classification of deferred tax assets between current and long-term asset categories is based on the expected timing of realization, and the valuation allowance is allocated ratably.</li><li>At December 31, 2004, our gross deferred tax assets related to our NOLs were approximately $800 million (associated with approximately $2.6 billion of NOLs, the majority of which expire between 2017 and 2024), offset by a valuation allowance on approximately $530 million due to uncertainty about their future realization. Substantially all of the remaining $530 million, if realized, would be credited to "Stockholders' equity" rather than results of operations for financial reporting purposes since they primarily relate to tax-deductible stock-based compensation in excess of amounts recognized for financial reporting purposes.</li><li>Significant judgment is required in making the assessment of deferred tax asset realization, and it is very difficult to predict when, if ever, our assessment may conclude that the remaining portion of our deferred tax assets is realizable.</li><li>We expect net income for 2005 to decline because we expect a tax provision in 2005, rather than the large tax benefit we received in 2004.</li><li>We expect our cash taxes paid in 2005 to be approximately $25 million, compared with $4 million in 2004.</li></ul><p>Net Income</p><ul><li>We believe that our reported net income for the fourth quarter 2004 should not be viewed, on its own, as a material positive event, and the year-over-year increase in net income of $274 million is not necessarily predictive of our future results for a variety of reasons. For example, in the fourth quarter we had a benefit from realizing a $244 million deferred tax asset related primarily to net operating loss carryforwards attributable to continuing operations. Additionally, the remeasurement of our 6.875% PEACS and intercompany balances resulted in significant gains and charges associated with the effect of movements in currency exchange rates. Accordingly, we encourage readers of our financial statements to evaluate the effect on our operating trends of these items since future income taxes and changes in currency exchange rates may create significant variability in our future operating results.</li></ul><p>Foreign Exchange</p><ul><li>As our financial reporting currency is the U.S. Dollar, our total sales, profit, and operating and free cash flow have benefited significantly the past ten quarters from weakness in the U.S. Dollar in comparison to the currencies of our international websites. We believe it is important to evaluate our growth rates after the effect of currency changes.</li></ul><pre>The effect of changes in exchange rates in the fourth quarter is as follows (in millions): Effect of exchange rate on: 2003 2004 ---- ---- Net sales $ 98 $ 85 Gross profit 17 14 Operating expenses (11) (9) ---- ---- Operating income 6 5 Net interest expense and other (6) (5) Remeasurements and other (1) (30) (33) ---- ---- Net income (loss) (29) (32) Diluted earnings (loss) per diluted share $(0.07) $(0.08) ======= =======(1) Includes foreign-currency gains (losses) on remeasurement of 6.875% PEACS and intercompany balances. These amounts represent the impact on reported results that is due to year-over-year changes in exchange rates. Absent year-over-year changes in exchange rates, reported amounts would have been lower (higher) by these amounts.</pre><p>Cash Flows and Balance Sheet</p><ul><li>Operating cash flows and free cash flows can be volatile and are sensitive to many factors, including changes in working capital. Working capital at any specific point in time is subject to many variables, including world events, seasonality, the timing of expense payments, discounts offered by vendors, vendor payment terms, and fluctuations in foreign exchange rates.</li><li>Our cash, cash equivalents, and marketable securities of $1.78 billion, at fair value, primarily consist of cash, commercial paper and short-term securities, U.S. Treasury notes and bonds, asset-backed, and agency securities and certificates of deposit. Included are amounts held in foreign currencies of $970 million, primarily in Euros, British Pounds, and Yen.</li><li>We have pledged $74 million of our marketable securities as collateral for property leases and other contractual obligations, compared with $87 million as of December 31, 2003.</li><li>"Other assets" includes, among other things, deferred issuance costs on long-term debt, other equity investments, and intangibles.</li><li>"Unearned revenue" is recorded when payments are received from third parties in advance of our providing the associated service.</li><li>"Accrued expenses and other current liabilities" includes, among other things, liabilities for gift certificates, marketing activities, and workforce costs, including accrued payroll, vacation, and other benefits.</li><li>"Long-term debt and other" primarily includes the following (in millions):</li></ul><pre> Principal Interest Principal at Maturity Rate Due Date ------------- ---------- --------------Convertible Subordinated Notes $900 (1)(2) 4.750% February 2009PEACS (3)..................... 935 (4)(5) 6.875% February 2010 -------------- $1,835 (6) ==============</pre><ol><li>Convertible at the holders' option into our common stock at $78.0275 per share. We have the right to redeem the Convertible Subordinated Notes, in whole or in part, at a redemption price of 101.900% of the principal, which decreases every February 1 by 47.5 basis points until maturity, plus any accrued and unpaid interest.</li><li>During the previous twelve-month period we redeemed an aggregate principal amount of $150 million.</li><li>PrEmium Adjustable Convertible Securities.</li><li>EUR 690 million principal amount, convertible at the holders' option into our common stock at EUR 84.883 per share ($115.03 per share based on the U.S. Dollars per Euro exchange rate of $1.3552 as of December 31, 2004). We have the right to redeem the PEACS, in whole or in part, by paying the principal amount, plus any accrued and unpaid interest. We do not hedge any portion of the PEACS. The U.S. Dollar equivalent principal, interest, and conversion price fluctuates based on the Euro/U.S. Dollar exchange ratio. Due to fluctuations in this exchange ratio, our principal debt obligation since issuance in February 2000 has increased by $255 million as of December 31, 2004.</li><li>Under our previously announced $500 million debt repurchase authorization, on March 7, 2005 we will be redeeming EUR 200 -- or $261MM at the Euro to U.S. dollar exchange rate on January 31, 2005 -- in principal amount of our PEACS at par, plus accrued and unpaid interest from and including February 16, 2005 to March 6, 2005. We expect to record a charge of approximately $2 million in unamortized deferred debt issuance costs which will be classified in "Remeasurements and other" in the first quarter 2005.</li><li>The "if converted" number of shares associated with our convertible debt instruments (approximately 20 million total shares) are excluded from diluted shares as their effect is anti dilutive.</li></ol><p>Certain Definitions and Other</p><ul><li>We present segment information along two lines: North America and International. We measure operating results of our segments using an internal performance measure of direct segment operating expenses that excludes stock-based compensation and other operating expenses (income), each of which is not allocated to segment results. Other centrally incurred operating costs are fully allocated to segment results. Our operating results, particularly for the International segment, are affected by movements in foreign exchange rates.</li><li>The North America segment consists of amounts earned from retail sales of consumer products (including from third-party sellers) through www.amazon.com and www.amazon.ca; from North America focused Syndicated Stores, such as www.cdnow.com; from our mail-order tool catalog; and from non-retail activities such as North America-focused Merchant.com, marketing, and promotional agreements. This segment includes export sales from www.amazon.com and www.amazon.ca.</li><li>The International segment consists of amounts earned from retail sales of consumer products (including from third-party sellers) through www.amazon.co.uk , www.amazon.de, www.amazon.co.jp, www.amazon.fr, and, since September, 2004, www.joyo.com; from internationally focused Syndicated Stores; from our DVD rental service in the U.K.; and from non-retail activities such as internationally-focused marketing and promotional agreements. This segment includes export sales from these internationally based sites (including export sales from these sites to customers in the U.S. and Canada), but excludes export sales from www.amazon.com and www.amazon.ca.</li><li>We provide supplemental sales information within each segment for three categories: "Media," "Electronics and other general merchandise," and "Other." Media consists of amounts earned from DVD rental and retail sales from all sellers of books, music, DVD/video, magazine subscriptions, software, video games, and video game consoles. Electronics and other general merchandise consists of amounts earned from retail sales from all sellers of items not included in Media, such as electronics and office, toys and baby, tools, home and garden, apparel, sports and outdoors, gourmet food, jewelry, health and personal care, beauty, and musical instruments. The Other category consists of non-retail activities, such as the Merchant.com program and miscellaneous marketing and promotional activities.</li><li>Operating cycle is number of days of sales in inventory plus number of days of sales in accounts receivable minus accounts payable days. Inventory days are calculated as the quotient of inventory to cost of sales, multiplied by the number of days in the period. Accounts payable days are calculated as the quotient of accounts payable to cost of sales, multiplied by the number of days in the period. Inventory turns are calculated as the quotient of cost of sales to average inventory over five quarters.</li><li>References to customers mean customer accounts, which are unique e-mail addresses, established either when a customer's initial order is shipped or when a customer orders from certain third-party sellers on our websites. Customer accounts include customers of Amazon Marketplace, Auctions and zShops, and our Merchants@, Syndicated Stores programs, but exclude DVD rental customers, Joyo.com customers, Merchant.com program customers, Amazon.com Payments customers, our catalog customers, and the customers of select companies with whom we have a technology alliance or marketing and promotional relationship. A customer is considered active when they have placed an order during the preceding twelve-month period.</li><li>References to sellers or merchants mean active seller accounts, which are established when a seller receives an order from a customer account. Seller accounts include sellers in Amazon Marketplace, Auctions, zShops, and Merchants@ platforms, but exclude Merchant.com sellers. A seller is considered active when they have received an order during the preceding twelve-month period.</li><li>References to units mean units sold (net of returns and cancellations) by us and third-party sellers at Amazon.com domains worldwide -- such as www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.co.jp, www.amazon.fr, and www.amazon.ca -- and at Syndicated Stores domains, as well as Amazon.com-owned items sold through catalogs and at non-Amazon.com domains, such as books, music, and DVD/video items ordered from Amazon.com's store at www.target.com. Units do not include Joyo.com units sold, Amazon.com gift certificates or DVD rentals.</li></ul></div> |
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Amazon.com Announces Partial Redemption of 6.875% Convertible Subordinated Notes | /news/news-details/2005/Amazon.com-Announces-Partial-Redemption-of-6.875-Convertible-Subordinated-Notes/default.aspx | Amazon.com-Announces-Partial-Redemption-of-6.875-Convertible-Subordinated-Notes | 4,719 | 02/02/2005 16:02:00 | Amazon.com Announces Partial Redemption of 6.875% Convertible Subordinated Notes | 02/02/2005 | 2005 | SEATTLE--Feb. 2, 2005--Amazon.com, Inc. (Nasdaq:AMZN) announced that on March 7, 2005, it will redeem EUR 200,000,000 in principal amount of its outstanding 6.875% Convertible Subordinated Notes due 2010 ("PEACS"). For the PEACS, the CUSIP number is 023135AG1 and the ISIN number is US023135AG10. The PEACS to be redeemed will be selected by lot in accordance with the procedures of The Depository Trust Company, the registered holder of the PEACS. After completion of the redemption of EUR 200,000,000 in principal amount of the PEACS, there will be EUR 490,000,000 aggregate principal amount of PEACS outstanding.
The PEACS will be redeemed at a redemption price of 100% of the principal amount at maturity, plus accrued and unpaid interest from and including February 16 through March 6, 2005.
The right to convert the PEACS to be redeemed into common stock of Amazon.com will expire on March 4, 2005. The current conversion price of the PEACS is EUR 84.883.
Copies of the notice of redemption may be obtained from The Bank of New York, the trustee and paying agent for the PEACS, by calling Bondholder Relations at 1-800-254-2826.
About Amazon.com
Amazon.com (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.
Amazon.com and its affiliates operate seven Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward Looking Statement This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2003, and all subsequent filings. | <p>SEATTLE--Feb. 2, 2005--Amazon.com, Inc. (Nasdaq:AMZN) announced that on March 7, 2005, it will redeem EUR 200,000,000 in principal amount of its outstanding 6.875% Convertible Subordinated Notes due 2010 ("PEACS"). For the PEACS, the CUSIP number is 023135AG1 and the ISIN number is US023135AG10. The PEACS to be redeemed will be selected by lot in accordance with the procedures of The Depository Trust Company, the registered holder of the PEACS. After completion of the redemption of EUR 200,000,000 in principal amount of the PEACS, there will be EUR 490,000,000 aggregate principal amount of PEACS outstanding.</p><p>The PEACS will be redeemed at a redemption price of 100% of the principal amount at maturity, plus accrued and unpaid interest from and including February 16 through March 6, 2005.</p><p>The right to convert the PEACS to be redeemed into common stock of Amazon.com will expire on March 4, 2005. The current conversion price of the PEACS is EUR 84.883.</p><p>Copies of the notice of redemption may be obtained from The Bank of New York, the trustee and paying agent for the PEACS, by calling Bondholder Relations at 1-800-254-2826.</p><p>About Amazon.com</p><p>Amazon.com (Nasdaq:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as health and personal care, jewelry and watches, gourmet food, sports and outdoors, apparel and accessories, books, music, DVDs, electronics and office, toys and baby, and home and garden.</p><p>Amazon.com and its affiliates operate seven Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward Looking Statement This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, international expansion, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2003, and all subsequent filings.</p> |
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A9.com Transforms Traditional Yellow Pages with More Than 20 Million Images of Businesses and Their Surroundings | /news/news-details/2005/A9.com-Transforms-Traditional-Yellow-Pages-with-More-Than-20-Million-Images-of-Businesses-and-Their-Surroundings/default.aspx | A9.com-Transforms-Traditional-Yellow-Pages-with-More-Than-20-Million-Images-of-Businesses-and-Their-Surroundings | 4,721 | 01/27/2005 00:00:00 | A9.com Transforms Traditional Yellow Pages with More Than 20 Million Images of Businesses and Their Surroundings | 01/27/2005 | 2005 | PALO ALTO, Calif.--Jan. 27, 2005-- A9.com, Inc., a subsidiary of Amazon.com, Inc. (Nasdaq:AMZN), today launched "A9.com Yellow Pages," a new service that helps users find and discover local businesses in a completely new way. The most powerful technology A9.com invented for Yellow Pages is "Block View(TM)," which brings the Yellow Pages to life by showing a street view of millions of businesses and their surroundings. Using trucks equipped with digital cameras, global positioning system (GPS) receivers, and proprietary software and hardware, A9.com drove tens of thousands of miles capturing images and matching them with businesses and the way they look from the street. Block View allows users to see storefronts and virtually walk up and down the streets of currently more than 10 U.S. cities using over 20 million photographs. In addition, A9.com Yellow Pages uses features on Amazon.com that allow users to review, rate, provide more information, create lists, and get recommendations on more than 14 million businesses across the U.S. A9.com Yellow Pages is available now on the A9.com homepage at www.a9.com.
"It took integrated GPS receivers, digital cameras, sophisticated geocoding software and a lot of driving," said Amazon.com Founder and CEO Jeff Bezos. "But 20 million curb-side photographs later, A9.com Yellow Pages lets you see where you are going before you get there."
To find a business, A9.com Yellow Pages users simply type its name or category into the search box on the A9.com homepage, click "go", and select Yellow Pages on the right side of the page. A list of local businesses with an interactive map that shows their locations will appear. Clicking on a business takes users to a comprehensive detail page for the business, which includes the following discovery tools and information:
Block View(TM): view photos of the business taken at street level. Users can scroll to the left or right to virtually walk up and down the street to see different photo angles of restaurants, offices and shops. A9.com developed the technology to very efficiently capture photographs of businesses using trucks equipped with digital cameras, global positioning system (GPS) receivers, and proprietary software and hardware. This convenience gives users a better to way to select a business, recognize businesses they have seen in the past, find nearby parking spaces, get a feel of the neighborhood, and much more. With more than 20 million images at launch, Block View currently covers more than 10 U.S. cities and is constantly growing as A9.com adds new images. Block View images are currently available in Atlanta, Boston, Chicago, Dallas/Ft. Worth, Denver, Los Angeles, New York City (Manhattan), Portland (OR), San Francisco Bay Area, Seattle, and others.
Click-to-Call: call the business with a single click of a button. This technology phones both the user and the business at the same time. Users simply pick up their phone when it rings and will be connected with the business.
Free Enhanced Listing: businesses can use A9.com Yellow Pages free of charge to reach existing and prospective customers. Owners and managers can submit virtually any type of information about their business, including photos, hours, payment types accepted, links to their Web site, and anything else that will help them reach prospective customers.
Directory Information: find the phone number, address, map, and driving directions.
Customer Reviews: see what other customers think of the business. Among the most popular and useful features that help Amazon.com customers make informed purchase decisions can now be used to review local businesses and services. Users can assign a number of stars (scale of 1-5) and write their thoughts on businesses and services, like the best dishes at a restaurant or which stylists are worth the extra wait at a salon.
Personalized Recommendations: receive personalized recommendations for business and services. Created through proprietary Amazon.com and A9.com technology, recommendations are based on the locations of the users and the preferences they enter, which means that more recommendations will be provided to users over time.
"Yellow Pages have not changed much in a hundred years," said A9.com CEO Udi Manber. "With our innovative Block View technology, we are bringing them to life."
The launch of A9.com Yellow Pages adds a sixth powerful source of information on www.a9.com which is viewable through convenient selectable and adjustable columns. Results for local businesses are now added to Web and image search provided by Google, book text of hundreds of thousands of titles from Amazon's Search Inside The Book, movie information from the Internet Movie Database (IMDB.com), and reference information (encyclopedia, dictionary, etc.) through Answers.com. A9.com also returns results from the user's individual information, so with every search, users see results from their own history, bookmarks, and diary.
About A9.com
A9.com, Inc., a separately branded and operated subsidiary of Amazon.com, Inc., opened its Palo Alto, California office in October 2003 to research and build innovative search technologies.
About Amazon.com
Amazon.com (Nasdaq:Amazon.com and its affiliates operate seven Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.
Forward Looking Statement
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, international expansion, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2003, and all subsequent filings. | <p>PALO ALTO, Calif.--Jan. 27, 2005-- A9.com, Inc., a subsidiary of Amazon.com, Inc. (Nasdaq:AMZN), today launched "A9.com Yellow Pages," a new service that helps users find and discover local businesses in a completely new way. The most powerful technology A9.com invented for Yellow Pages is "Block View(TM)," which brings the Yellow Pages to life by showing a street view of millions of businesses and their surroundings. Using trucks equipped with digital cameras, global positioning system (GPS) receivers, and proprietary software and hardware, A9.com drove tens of thousands of miles capturing images and matching them with businesses and the way they look from the street. Block View allows users to see storefronts and virtually walk up and down the streets of currently more than 10 U.S. cities using over 20 million photographs. In addition, A9.com Yellow Pages uses features on Amazon.com that allow users to review, rate, provide more information, create lists, and get recommendations on more than 14 million businesses across the U.S. A9.com Yellow Pages is available now on the A9.com homepage at www.a9.com.</p><p>"It took integrated GPS receivers, digital cameras, sophisticated geocoding software and a lot of driving," said Amazon.com Founder and CEO Jeff Bezos. "But 20 million curb-side photographs later, A9.com Yellow Pages lets you see where you are going before you get there."</p><p>To find a business, A9.com Yellow Pages users simply type its name or category into the search box on the A9.com homepage, click "go", and select Yellow Pages on the right side of the page. A list of local businesses with an interactive map that shows their locations will appear. Clicking on a business takes users to a comprehensive detail page for the business, which includes the following discovery tools and information:</p><ul><li>Block View(TM): view photos of the business taken at street level. Users can scroll to the left or right to virtually walk up and down the street to see different photo angles of restaurants, offices and shops. A9.com developed the technology to very efficiently capture photographs of businesses using trucks equipped with digital cameras, global positioning system (GPS) receivers, and proprietary software and hardware. This convenience gives users a better to way to select a business, recognize businesses they have seen in the past, find nearby parking spaces, get a feel of the neighborhood, and much more. With more than 20 million images at launch, Block View currently covers more than 10 U.S. cities and is constantly growing as A9.com adds new images. Block View images are currently available in Atlanta, Boston, Chicago, Dallas/Ft. Worth, Denver, Los Angeles, New York City (Manhattan), Portland (OR), San Francisco Bay Area, Seattle, and others.</li><li>Click-to-Call: call the business with a single click of a button. This technology phones both the user and the business at the same time. Users simply pick up their phone when it rings and will be connected with the business.</li><li>Free Enhanced Listing: businesses can use A9.com Yellow Pages free of charge to reach existing and prospective customers. Owners and managers can submit virtually any type of information about their business, including photos, hours, payment types accepted, links to their Web site, and anything else that will help them reach prospective customers.</li><li>Directory Information: find the phone number, address, map, and driving directions.</li><li>Customer Reviews: see what other customers think of the business. Among the most popular and useful features that help Amazon.com customers make informed purchase decisions can now be used to review local businesses and services. Users can assign a number of stars (scale of 1-5) and write their thoughts on businesses and services, like the best dishes at a restaurant or which stylists are worth the extra wait at a salon.</li><li>Personalized Recommendations: receive personalized recommendations for business and services. Created through proprietary Amazon.com and A9.com technology, recommendations are based on the locations of the users and the preferences they enter, which means that more recommendations will be provided to users over time.</li></ul><p>"Yellow Pages have not changed much in a hundred years," said A9.com CEO Udi Manber. "With our innovative Block View technology, we are bringing them to life."</p><p>The launch of A9.com Yellow Pages adds a sixth powerful source of information on www.a9.com which is viewable through convenient selectable and adjustable columns. Results for local businesses are now added to Web and image search provided by Google, book text of hundreds of thousands of titles from Amazon's Search Inside The Book, movie information from the Internet Movie Database (IMDB.com), and reference information (encyclopedia, dictionary, etc.) through Answers.com. A9.com also returns results from the user's individual information, so with every search, users see results from their own history, bookmarks, and diary.</p><p>About A9.com</p><p>A9.com, Inc., a separately branded and operated subsidiary of Amazon.com, Inc., opened its Palo Alto, California office in October 2003 to research and build innovative search technologies.</p><p>About Amazon.com</p><p>Amazon.com (Nasdaq:Amazon.com and its affiliates operate seven Web sites: www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp, www.amazon.ca, and www.joyo.com.</p><p>As used herein, "Amazon.com," "we," "our" and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.</p><p>Forward Looking Statement</p><p>This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to potential future losses, significant amount of indebtedness, competition, management of growth, potential fluctuations in operating results, fulfillment center optimization, seasonality, commercial agreements, acquisitions, and strategic transactions, foreign exchange rates, system interruption, international expansion, consumer trends, inventory, limited operating history, government regulation and taxation, fraud, and new business areas. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2003, and all subsequent filings.</p> |