Thursday, May 26, 2011

Amazon Trade-In Program Expands With Thousands of Electronics

SEATTLE, May 18, 2011 (BUSINESS WIRE) --

Amazon.com, Inc. (NASDAQ:AMZN) today announced the Electronics Trade-In Store, offering customers a new way to conveniently trade in used electronics for Amazon.com Gift Cards. The Electronics Trade-In Store enhances Amazon's existing Trade-In program, giving customers great value on everything from video games and DVDs to textbooks and now electronics, without visiting multiple stores. Starting today, customers can trade in electronics, including tablets, cell phones, MP3 players, cameras, GPS devices and more. With Amazon Trade-In, only one box is needed to ship multiple items and shipping is free. Simply visit http://www.amazon.com/tradein and start searching for items to trade in.

"Technology is constantly evolving and newer, better versions of consumer electronics are introduced all the time," says Paul Ryder, vice president of Electronics for Amazon.com. "We want to give customers the opportunity to get great value from their used electronics. Hundreds of thousands of customers have already received millions of dollars in gift cards from the other products in our program. The Electronics category is a natural extension and we are delighted to offer our customers more trade-in options."

Regardless of where electronics and other products may have been purchased, customers start by simply searching for items to trade in. If the product is listed as eligible for trade-in, then customers can click the Trade-In button to add items to their trade-in shipment. Amazon's Trade-In program offers a variety of condition types including "Like New," "Good" and "Acceptable," giving customers an easy way to view multiple trade-in values. Once customers have added all the items they would like to trade in to their trade-in shipment, they can print a pre-paid shipping label and ship everything for free. After the product is received and inspected, an Amazon.com Gift Card will be deposited into the customer's Amazon.com account, generally in less than 48 hours. There are no claim codes or waiting for a check in the mail. Amazon.com Gift Cards can be used on purchases towards millions of items on Amazon.com.

Monday, April 4, 2011

New Kindle Exclusive: Seven Books by World-Famous Physicist Albert Einstein

Open Road Integrated Media LLC and Amazon.com today announced that Open Road has published seven digital books by iconic physicist Albert Einstein exclusively in the Kindle Store. Open Road has added new photographs and biographical information from experts at the Hebrew University Einstein Archives, introductions written by Neil Berger and new covers to previously published print editions (a portion of which have been available digitally in the public domain) to create new Albert Einstein Archives Authorized Editions of the works. These books are available starting today for download exclusively in the Kindle Store (www.amazon.com/kindlestore).

"As part of our mission to bring iconic books to E, we are proud to digitally publish the authorized ebooks of a selection of Albert Einstein's most important writings," said Jane Friedman, CEO and Cofounder of Open Road Integrated Media LLC. "In partnership with Philosophical Library and Hebrew University, we have curated fascinating material about Einstein's life that will both attract new readers and appeal to diehard fans. We are excited to be kicking off the launch of these classic titles with Amazon today, for what would be Einstein's 132nd birthday."

"Albert Einstein is one of our most important thinkers," said Russ Grandinetti, Vice President of Kindle Content. "These books cover everything from the Theory of Relativity to Einstein's own letters chronicling his thoughts on life. We're excited to make these books available for Kindle device owners and app users, and think readers will enjoy them."

Monday, February 28, 2011

Amazon Announces Free "Buy Once, Read Everywhere" Kindle App for webOS TouchPad

Amazon's free "Buy Once, Read Everywhere" Kindle app that lets users read andsync over 810,000 of the most popular books will be available on the new HP TouchPad


Amazon.com has announced that it will launch a free Kindle app for webOS tailored for the new HP TouchPad. Like all Kindle apps, Kindle for webOS will let customers "Buy Once, Read Everywhere" - on Kindle, Kindle 3G, Kindle DX, iPad, iPod touch, iPhone, PC, Mac, BlackBerry, Windows Phone 7, Android-based devices, and this summer, the HP TouchPad. Amazon's Whispersync technology syncs your place across devices, so you can pick up where you left off and never lose your place. For more information about the free Kindle apps, go to www.amazon.com/kindleapps.

"When you buy a Kindle book, you can already read it on Kindle and our free 'Buy Once, Read Everywhere' apps for iPad, iPhone, iPod touch, PC, Mac, BlackBerry, Windows Phone 7, and Android-based devices, so you never have to worry about what to do with your books if you change devices or platforms," said Dorothy Nicholls, Director, Amazon Kindle. "We're very excited to add webOS to this list. As with our other Kindle apps, the webOS app will be free and will incorporate our Whispersync technology so you can seamlessly switch between devices and platforms and never be without your reading."

Kindle for webOS was demonstrated for the first time today at HP's press conference announcing the new HP TouchPad.

Tuesday, February 8, 2011

The Domino Project Announces: "Poke the Box"

Bestselling author and creator of new publishing venture "The Domino Project," Seth Godin, and Amazon announce their inaugural book
"Poke the Box" to be published in English worldwide as print, audio and Kindle editions.

In December, international-bestselling author Seth Godin and Amazon (NASDAQ: AMZN) announced a new publishing imprint, The Domino Project--the first to use Amazon's new "Powered by Amazon" publishing program. Now Godin and Amazon are unveiling the first book--written by Godin--from The Domino Project, "Poke the Box," which will be published worldwide on March 1.

"I'm thrilled to have the opportunity to break ground and help define what publishing can become," said Godin. "We all know that ideas that spread win, and this publishing house will enable my colleagues and I to create, write and spread ideas that matter. A book that isn't read doesn't do anyone any good, and too often, the book publishing industry gets in the way of books reaching people who can benefit from them. Amazon knows what to do to help these books get read."

"We love the idea that The Domino Project's first book is about the power of initiative and change," said Russ Grandinetti, Vice President of Kindle Content. "We think it's the kind of book you'll want to share with your co-workers, family, or clients."

"Poke the Box" is about producing something that's scarce, and thus valuable: initiative. It demands that you stop waiting for a road map and start drawing one instead. It's a call to action - in your job or in your life - to leap, commit, make something happen. Godin knows that the scarcest resource in most organizations (and most careers) is the spark provided by an initiator - the person with the guts to say, "I want to start stuff." In Godin's words: "Life is a buzzer box. Poke it."

Friday, January 28, 2011

Amazon.com Announces Fourth Quarter Sales up 36% to $12.95 Billion

Amazon.com, Inc. (NASDAQ:AMZN) today announced financial results for its fourth quarter ended December 31, 2010.

Operating cash flow increased 6% to $3.50 billion for the trailing twelve months, compared with $3.29billion for the trailing twelve months ended December 31, 2009. Free cash flow decreased 14% to $2.52 billion for the trailing twelve months, compared with $2.92 billion for the trailing twelve months ended December 31, 2009.

Common shares outstanding plus shares underlying stock-based awards totaled 465 million on December 31, 2010, compared with 461 million a year ago.

Net sales increased 36% to $12.95 billion in the fourth quarter, compared with $9.52 billion in fourth quarter 2009. Excluding the $139 million unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales would have grown 37% compared with fourth quarter 2009.

Operating income was $474 million in the fourth quarter, compared with $476 million in fourth quarter 2009. The unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter on operating income was $18 million.

Net income increased 8% to $416 million in the fourth quarter, or $0.91 per diluted share, compared with net income of $384 million, or $0.85 per diluted share, in fourth quarter 2009.

"Thanks to our customers, we achieved two big milestones," said Jeff Bezos, founder and CEO of Amazon.com. "We had our first $10 billion quarter, and after selling millions of third-generation Kindles with the new Pearl e-ink display during the quarter, Kindle books have now overtaken paperback books as the most popular format on Amazon.com. Last July we announced that Kindle books had passed hardcovers and predicted that Kindle would surpass paperbacks in the second quarter of this year, so this milestone has come even sooner than we expected - and it's on top of continued growth in paperback sales."