Monday, January 10, 2011

Weekly News Roundup: Amazon.com (NASDAQ:AMZN)

Heres a round-up of Amazon.com (NASDAQ:AMZN) stock briefings from this week.
Amazon.com (NASDAQ:AMZN) company shares ended the week at 185.49 (as of
1/7/2011). Weekly News Roundup: Amazon.com (NASDAQ:AMZN) Monday 3 January
Amazon.com (NASDAQ:AMZN) has declared that Kindle is the best selling product
ever. Amazon.com (NASDAQ:AMZN) has once again claimed a sales milestone for the
Kindle without releasing numbers that would place the e-readers success in
context. In the latest achievement, Amazon.com (NASDAQ:AMZN) says the latest
Kindle is the bestselling product in the 15-years the online retailer has been
open for business. While keeping actual sales numbers to itself, Amazon.com
(NASDAQ:AMZN) said that sales of the third-generation Kindle eclipsed those of
the previous champ by a large margin. Tuesday 4 January Amazon.com (NASDAQ:AMZN)
has plans to expand across the European Union with the launch of several new
sites. Amazon.com (NASDAQ:AMZN) is stepping up expansion into European Union
countries with an enlarged network of distribution centers and plans to enter
new markets. Seattle-based Amazon.com (NASDAQ:AMZN) has been pushing in recent
months to grow outside of North America, which accounted for 45% of sales of
$7.5 billion during the most recent quarter for the worlds biggest online
retailer. Amazon.com (NASDAQ:AMZN) is now adding to the staff at its European
headquarters in Luxembourg, recruiting logistics and shipping experts to oversee
further expansion and improve the efficiency of its growing fulfillment network.
Wednesday 5 January Amazon.com (NASDAQ:AMZN) has offered a $50 bonus with Xbox
360 250GB Kinect Bundle. Retailer Amazon.com (NASDAQ:AMZN) Inc. has began
offering a $50 bonus with the purchase of Microsoft Corp.'s Xbox 360 250GB
Kinect Bundle in a new hardware promotion. This week, customers who purchase the
Xbox 360 250GB Kinect bundle will receive a $50 Amazon.com (NASDAQ:AMZN) credit
towards the future purchase of a product shipped and sold by Amazon.com
(NASDAQ:AMZN). This week, Amazon.com (NASDAQ:AMZN) concurrently discounted
select Kinect for Xbox 360 titles to under $36, including Your Shape: Fitness
Evolved, Zumba Fitness, Fighters Uncaged, and MotionSports. Thursday 6 January
Amazon.com (NASDAQ:AMZN) has released Kindle for Windows Phone 7. Seattle-based
Amazon.com (NASDAQ:AMZN) has introduced its Kindle application for the Windows 7
platform. According to Amazon.com (NASDAQ:AMZN), the new application can be
downloaded for free from the Windows Phone Marketplace. The application supports
the usual features of Amazon.com (NASDAQ:AMZN)s Kindle apps, and also adds new
features such as personalized recommendations for books on the home screen, and
ability to send recommendations to friends via the application. Amazon.com
(NASDAQ:AMZN) now supports iPad, iPod Touch, iPhone, PC, Mac, BlackBerry,
Windows Phone 7 and Android devices with its Kindle app, in addition to support
of various Kindle models themselves. Friday 7 January Amazon.com (NASDAQ:AMZN)
Web Services has reduced premium support fees by 50%. Amazon.com (NASDAQ:AMZN)
Web Services LLC (AWS) has announced that it has lowered usage pricing on
existing Premium Support offerings by 50% and added two new support plans to
meet the needs of developers and businesses of all sizes and technical ability.
Brent Jaye, the Director of Developer Support at Amazon.com (NASDAQ:AMZN) Web
Services said that, "Were committed to providing our customers access to world
class technical support, and weve expanded our offerings to give customers of
all sizes a support plan that meets their needs. AWS remains committed to
offering developers the building blocks to succeed without unnecessary bundling
or long term commitments." Well be keeping a close eye on the Amazon.com stock
level for changes over the next few weeks.

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