We all survived the latest Apple iPad announcement and waded through the analysis aftermath. The result is a new, lighter-weight iPad Air and a refreshed iPad Mini Retina that finally brings a higher-end display to the smaller device. But iPads aren't the only tablets in the world. The competitors have been hanging out, waiting for the next round of the battle to begin.… Read more
Amazon is selling more general merchandise thanks to the frequent deliveries made by its AmazonFresh grocery delivery service, the company said Thursday.
Amazon Chief Financial Officer Thomas Szkutak didn't give too many details during the company's third-quarter earnings call, but he did say Amazon was happy with AmazonFresh's latest entry into the Los Angeles market.
"It's very, very early in LA, but what we see so far we like. We're adding a lot of selection there on behalf of customers," he said during the company's quarterly earnings call.
When asked whether the … Read more
Amazon's Prime service garnered "millions" of new members in the latest quarter, and a top executive at the company said Prime Instant Video helped usher them in.
"We think it's certainly helping the Prime numbers, the Prime membership increases that you're seeing," Chief Financial Officer Thomas J. Szkutak, referring to Prime Instant Video, said Thursday during a conference call to discuss third-quarter earnings.
Amazon typically keeps its disclosures about its various services close to the vest, and it hasn't previously tipped its hand on how many subscribers Prime was attracting quarter to … Read more
Amazon just barely beat Wall Street's expectations Thursday when it reported a loss of $41 million, or 9 cents-per-share, in the third quarter and net sales of $17.09 billion. (see PDF below.)
Analysts were expecting a 9 cent-per-share loss on $16.76 billion in revenue for the quarter. The net sales figure is a 24 percent increase from last year.
The online retailer's stock hit $332.21 a share at the close of the market on Thursday, and the price went up more than 4 percent in after-hours trading immediately following its earnings report. Amazon is scheduled … Read more
Amazon's much-rumored set-top box may not arrive in consumers' hands until after the crucial holiday-shopping season, according to a new report.
The box, which is expected to stream Internet-based music, movies, and games into consumers' homes, has been delayed and may not arrive until next year, sources tell The Verge. Although Amazon had not revealed an intended release date or pricing, the box was reportedly considered a fall release.
CNET has contacted Amazon for comment and will update this report when we learn more.
The device, which could possibly be called Firetube, is expected to let users access Amazon'… Read more
Apple just missed a big opportunity when it came to the pricing on its new iPad Mini.
The Cupertino, Calif., company on Tuesday unveiled its newest tablets, the iPad Air and iPad Mini with Retina Display, both with improved specs and features. It also will offer the older versions of those devices at lower prices, continuing its trend from the tablets' early days. However, this time around, Apple actually increased the price of one of its new devices, selling the iPad Mini with Retina for $399 instead of its predecessor's starting price of $329. And it dropped the original Mini's … Read more
Amazon has expanded its relationship with MGM, the former announced Tuesday.
The expanded partnership will see MGM TV's "Vikings," which was wildly popular on the History channel this year, come to Amazon's Prime Instant Video service. In addition, several films, including "Fargo" and "Platoon," will be coming to the streaming service. It appears that the movies included in this deal will come from MGM's library and won't immediately include new releases.
Neither Amazon nor MGM announced the terms of the deal.
Amazon buyers will now have to tally up $35 worth of items before they qualify for free shipping.
The retail giant has posted a notice on its Web site alerting customers of the increase. And now when you add an item to your Amazon cart, the site tells you how much more you must spend to reach $35 to avoid paying for shipping.
The new price is a $10 increase over the prior $25 minimum, which was in place for the past decade. Amazon also noted that during the same time it's selected millions of more items that by … Read more
Amazon is offering third-party sellers a new way to showcase their products this holiday season as the online retail giant faces an antitrust investigation in Germany.
Third-party sellers on Amazon will have the ability to promote their holiday deals on the e-retailers special holiday sales pages, the company announced on Monday. Amazon gave third-party sellers similar opportunities in high-traffic areas earlier this year.
According to Amazon, sellers invited to take part in the program will be able to offer deals across many of the site's most popular pages, including its Today's Deals, Black Friday, and Cyber Monday deal … Read more