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01 Nov 2024 22:59
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AMZN is the shares of the American company Amazon.com Inc. Amazon.com has become one of the largest companies by turnover among those that sell commodities and services online. Besides, it is the first internet service oriented towards sales of mass-market actuals. The Amazon headquarters is located in Seattle, Washington.
The company was founded in 1994; in a year, its main site was launched. Originally, Amazon.com was focused only on selling books, however, at present time, the service takes in 34 types of goods including e-books, household appliances and electronics, toys, food, housewares, etc. The company works in two segments – the United States and international level. Amazon branches are situated not only in USA but also beyond them, for example, in Brazil, Canada, UK, Germany, Japan, France, Italy, India and China.
The company managed to use successfully two main advantages of internet trading - opportunity to address to the largest number of potential customers and availability of vast number of goods irrespectively of their physical presence in a storehouse.
According to the results of the fourth quarter of 2013, the company's earnings were $0.51 per share, which is much more than $0.21 logged in the previous year. However, analysts say that profits are going to grow further, though, at a slower pace. The total earnings for the same period made up $25.59 billion which is more than the figures of 2012 by more than 20%.