Highlights * North America segment sales, representing the Companyâs U.S. and Canadian sites, were $1.79 billion, up 42% from third quarter 2006. * International segment sales, representing the Companyâs U.K., German, Japanese, French and Chinese sites, were $1.47 billion, up 40% from third quarter 2006. Excluding the favorable impact from year-over-year changes in foreign exchange rates throughout the quarter, International net sales growth was 33%. * Worldwide Media grew 36% to $2.09 billion in third quarter 2007, compared to $1.54 billion in third quarter 2006. * Worldwide Electronics & Other General Merchandise grew 54% to $1.08 billion in third quarter 2007 and increased to 33% of worldwide net sales compared with 30% in third quarter 2006. * The Company sold 2.5 million copies of Harry Potter and the Deathly Hallows worldwide, making it Amazonâs largest new product release. * The Company launched a public beta of Amazon MP3, a digital music store with Earth's biggest selection of a la carte DRM-free MP3 music downloads. Amazon MP3 has over two million songs from more than 180,000 artists represented by over 20,000 major and independent labels. * Amazon Europe launched a Shoes store and a Baby store on the amazon.co.uk and amazon.de websites, offering customers tens of thousands of items from hundreds of leading brands. * Amazon Europe launched a Home & Kitchen store on the amazon.fr website, offering customers thousands of items from well-known electrical appliance and kitchenware brands. * Amazon.co.jp opened an Apparel & Shoes store offering more than 30,000 items from more than 100 well-known brands. * Fulfillment by Amazon launched in beta on the amazon.co.uk, amazon.de and amazon.co.jp websites, giving small and medium-sized businesses access to Amazonâs fulfillment, customer service, and underlying website technology. * Over 290,000 developers have registered to use Amazon Web Services (AWS), up 25,000 from the prior quarter. AWS also launched a limited beta version of the Amazon Flexible Payments Service (FPS). Amazon FPS is the first payments service designed from the ground up specifically for developers, and provides unprecedented flexibility in the movement of money through a set of web services APIs. * AWS recently introduced several new compute instance types for the Amazon Elastic Compute Cloud, which provide up to eight times more memory, CPU, and storage, enabling developers to support an even broader set of applications. * Amazon Simple Storage Service (S3) continues to be rapidly adopted by developers, and objects in storage have doubled to more than ten billion during the last six months. In addition, we have instituted a Service Level Agreement for Amazon S3 that guarantees operational performance levels.
CAN SOMEONE TELL ME WHEN A MARKET CAN BECOME tooo saturated, i mean how many online music stores does one need, a shoe store?? Zappos.com?? Baby store??? Babies R Us, Buy buy baby?? Home and Kitchen store? How many home and kitchen stores do we need.... seems they are trying to cover every single niche in the market place.
Shut up!! BIDU is going to print $10,000 before it has even a 1% pullback. AMZN will be larger than the economy of China in 1 more year. Watch the master and learn.
Those who have been in the market for longer time know that AMZN has a history of exaggerating its earnings and then correcting it in the future.
just seeing the greed in AMZN just minutes before the close makes me hope it should trade below 50 in the next year or so. Greed is what is causing this nice big credit bubble.