Its not just for fun. Whenever someone clicks on a link to buy a book or product that their sites mention from an online seller, the McNealys get a commission. And if that customer comes back the next day to that same retailer and buys a television, they get a cut of that, too.
Last week, [...]
CEO Edgar Bronfman Jr. made the comments as the No. 3 recording company reported a net loss for its fiscal first quarter, as a slight uptick in digital revenue failed to make up for falling CD sales.
Amazon.com Inc. was pitted in a pricing dispute with publisher Macmillan last week over e-books made available on Amazons [...]
Amazon.com temporarily stopped selling all Macmillan books to show the “seriousness of our disagreement,” Amazon.com said in a notice on its Web site yesterday. Macmillan, publisher of Elie Wiesels “Night” and Michael Cunninghams “The Hours,” proposed new prices for electronic books last week, Macmillan Chief Executive Officer John Sargent said in an e-mail to authors [...]
Macmillan CEO John Sargent said he was told Friday that its books would be removed from Amazon.com, as would e-books for Amazons Kindle e-reader. Books will be available on Amazon.com through private sellers and other third parties, Sargent said.
Sargent met with Amazon officials Thursday to discuss the publishers new pricing model for e-books. He wrote [...]
Sales may rise as much as 43 percent to $7 billion in the first quarter, more than last years 18 percent growth, the Seattle-based company said yesterday in a statement. Analysts surveyed by Bloomberg had estimated sales of $6.42 billion.
Amazon.com, whose [...]
Internet analysts at comScore Inc. expect online retail revenue to rise 3 percent to $28.8 billion for the months of November and December. That includes the Web sites of traditional retailers, such as Macys, but excludes auctions, travel and large corporate purchases.
Meanwhile, U.S. holiday retail sales – excluding online – are expected to drop 1 [...]
The National Federation of the Blind planned to announce Wednesday that the University of Wisconsin-Madison and Syracuse University wont consider big rollouts of the electronic reading device unless Amazon makes it more accessible to visually impaired students.
Both schools have some Kindles that they bought for students to try this fall, but now they say they [...]
The online retailer planned to unveil the system, known as Amazon PayPhrase, on Thursday.
Heres how it works. If you store a credit card number and shipping address with Amazon, you can elect to have that information represented by a short phrase and ID number. Then you can enter that phrase and PIN instead of giving [...]
Amazon shares soared to an all-time high Friday after the Seattle-based online retailer stunned analysts and investors by reporting that third-quarter net income grew 68 percent – a clear sign that consumers are spending on Amazon, even though the economy is still stuttering.
“I think people are finding they want to start purchasing again,” Bernstein Research [...]
Amazon.com climbed as much as 15 percent to $107.90 in extended trading yesterday, after the worlds largest online retailer reported a 69 percent jump in profit and a 28 percent gain in revenue. The shares, up 82 percent this year, reached a split-adjusted record of $106.69 in December 1999.
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