Amazon Reaches 2.8M Orders On One Day
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Amazon also said that, for the first time, consumer electronics replaced books as the top seller. Much of the credit goes to Apple&#39;s iPods and a Phillips DVD player.
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Web retailer Amazon.com launched its much-anticipated digital music store with nearly 2.3 million songs, none of them protected against copying.
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Online retailer Amazon.com Inc.  AMZN.O on Monday said it set a one-day selling record this  year and logged its busiest holiday shopping season in its 10  years.
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Shares of Amazon.com Inc. rose nearly 9 percent Monday after the online retailer said it recorded its best holiday season ever.
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Web retailer Amazon.com Inc. launched its much-anticipated digital music store Tuesday with nearly 2.3 million songs, none of them protected against copying
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MacCentral - Online retailer Amazon.com Inc. beat its own holiday-season sales record this year, and on its flagship U.S. site, Amazon.com, consumer electronics sales beat the company's traditional book business for the first time on Thanksgiving weekend, the company announced Monday.
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Amazon.com Inc.  posted  quarterly net profit on Tuesday that more than tripled,  surprising Wall Street, as U.S. sales jumped, sending shares up  17 percent after-hours.
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Amazon.com Inc. said on Friday first-day advance orders for "Harry Potter and the Deathly Hallows," the seventh and last installment of J.K. Rowling's successful book series, were 547 percent higher than for its predecessor.
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Plus: Matsushita profit up 22 percent...Amazon's profit up, margins squeezed...SAP cautious on 2008...Yahoo profit falls.
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Last cheque's in the post The Post Office has lost its Â£8m contract for Amazon.co.uk's second class deliveries.â¦
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Web retailer Amazon.com Inc. AMZN.O  said on Monday it set a one-day selling record this year as it  logged its busiest holiday shopping season in its 10-year  history, news that sent shares up nearly 9 percent.
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Online retailer says it set new records this year.
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(InfoWorld) - Best known as an online retailer, Amazon.com has been gradually building up the number of Web services it offers to developers, with the ultimate aim of turning that operation into a profitable business. Jeff Bezos, founder and chief executive officer of Amazon.com, dubbed the company's growing move into developer Web services as "the hidden Amazon" during a keynote address at the Emerging Technologies Conference on the Massachusetts Institute of Technology's Cambridge campus Wednesday. About 200,000 developers have registered to use the 10 different Web services Amazon.com is providing so far, including three that Bezos highlighted in his talk -- Mechanical Turk, Simple Storage Service (S3) and Elastic Compute Cloud (EC2). Mechanical Turk is a Web service that allows developers to post questions to a large group of people to gain their insight on a particular issue. S3 and EC2 are Web services that let AmazonÂ sell excess storage and excess compute capacityÂ respectively to third-party developers. "These are all pay-by-drink services," Bezos said. "You can use and experiment." The S3 and EC2 Web services are proving particularly popular with developers at companies that can't afford to invest in huge amounts of hardware and storage that they only require on an occasional basis, to test out the scalability of their software. With EC2, a developer could pay Amazon.com $70 for continual access for one month to the computing power of one of the company's high-level servers or alternatively, pay the same amount of money to have access to 700 servers for a single hour, Bezos said. "It completely changes what's possible," Bezos said. "Everyone who's started a company wants to go directly from their idea to a successful product." Instead, the inventor faces a host of obstacles, such as lengthy purchasing decisions on what computer hardware to invest in and how to manage heterogenous environments. Bezos terms those IT obstacles as "muck" and is hoping that Amazon.com's Web services can help alleviate some of those issues. "We're working on a Web service to get rid of tax lawyers, but it's not working yet," he quipped. Amazon.com plans to make its Web services operation into "a very profitable business," Bezos said. The company intends to keep its focus on developers with the hope that third-party companies will then use Amazon.com Web services to create consumer-facing applications, he added. All of the services are work that Amazon.com has already done internally to run its own vast online operations. "The last few years, we've been exposing those things that we have to do anyway," Bezos said. "It's a relatively small step to say we're eating this dog food, we should share it with others." One area Amazon.com has had to figure out is what business model to use in selling the services. "It tickles me that we routinely send people bills for 18 cents," Bezos said. He added that such a process isn't cost effective at present, but is more about experimenting with a potential new business model.ADVERTISEMENTMAKE SOA REAL WITH IBM WEBSPHERE PODCASTStreamline processes and maximize efficiency within a proven service oriented architecture. Take back control of your business processes with IBM WebSphere.
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Shares of Amazon.com rose nearly 9 percent yesterday after the Seattle online retailer said it recorded its best holiday season ever.
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Amazon.com, the worldâs largest online retailer, will soon finally have one place to call home.
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By JESSICA MINTZ SEATTLE - Amazon.com Inc. has taken more than a million pre-orders for the final &quot;Harry Potter&quot; book due out in July, but the world's largest Web retailer won't make a profit, Chief Executive Jeff Bezos told shareholders at the company's annual meeting Thursday.
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The action continued in after hours trading, where the company gained another US cent. The company saw stocks climb $2.33 during the day, a 4.86 per cent increase.