prospectus: a look at amazon.com
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DESCRIPTIONProspectus: A look at AMAZON.COm. By Collin Fox. What is AMAZON.COM?. Amazon.com (NASDAQ:AMZN) is a large, multinational electronic commerce company. That means an online shopping website America’s largest online retailer Founded in 1994 as an on-line bookstore. - PowerPoint PPT Presentation
By Collin Fox
Amazon.com (NASDAQ:AMZN) is a large, multinational electronic commerce company.That means an online shopping websiteAmericas largest online retailerFounded in 1994 as an on-line bookstore.Quickly branched out into different products, even creating its own e-reader device (the kindle)Headquarters in Seattle, Wa
The logo of Amazon has an arrow pointing from a to zThis represents the goal of amazon to sell every product of the alaphabet.They really do sell basicly everythingMusic CDs, videotapes, DVDs, software, consumer electronics, kitchen items, tools, lawn and garden items, toys & games, baby products, apparel, sporting goods, gourmet food, jewelry, watches, health and personal-care items, beauty products, musical instruments, clothing, industrial & scientific supplies, groceries, and more.
Steady profit fro 2003 onwardNet income of 2003$35.3 millionNet income of 2004$588.3 millionNet income of 2008$855.4 million
Amazon leads the way in e-reader technolgy with the Kindle 2.0E-readers are devices that store and display books in digital formatAmazon is able to keep costs of products low due to lack of brick and mortar storefrontCosts are very important in these troubled timesI would gladly invest in this companys stock
A safe investment
By Collin Fox
Based in Wyomissing, PaMore than $90 BILLION in assets750 retail banking officesEmploys 12,000 peopleSurvived the horrors of the recession unlike some giants we knowLooking at you Lehman Bros.Local bank
According to http://www.sovereignbank.com/ , the rate of C.D.s one year ago from today was 2. 07% AYPThat means that for every $1000 I let sit for one year, I get $20.70Before taxesNot the biggest increase, but worth it in the long run when the economy turns around.
Right now the economy is turning around.Slowly but surelyYes my investment might not grow very much THIS year, but the coming years look bright for our economy.Due to this, C.D. rates will be increasing and as long as I keep turning over my C.D. I am guaranteed to make moneyAs long as I keep the bank amount under the upper limit of FDIC insurance.