SEATTLE--(BUSINESS WIRE)--Aug. 1, 2006--Amazon.com, Inc.
(Nasdaq:AMZN) today announced that second quarter 2006 jewelry and
watches sales increased more than 100 percent year-over-year. Each
quarter, an increasing number of Amazon.com's millions of customers
are shopping the Amazon.com Jewelry & Watches store, especially for
important gift-giving occasions, such as Mother's Day and summer
engagements.
"More and more customers are discovering the convenience and value
for gift purchases on Amazon.com," said Steven Goldsmith, vice
president, Amazon.com Jewelry & Watches store. "Particularly for
engagement rings, customers are finding huge selection amongst some of
the lowest prices for high-quality engagement rings."
Custom-built engagement ring sales on Amazon.com in the second
quarter increased 254 percent year-over-year. In addition,
Amazon.com's selection of unique loose diamonds has increased 30%
since January 2006 from 2.1 to 2.6 million unique loose stone/setting
configurations. With the extensive loose diamond selection and low
prices ranging from $235 to $120,000, customers can also choose from a
wide range of sizes and cuts. Through Amazon's proprietary "Create
Your Own Ring" feature, customers can easily choose from more than 200
setting styles and many shapes and cuts, such as the Asscher and
Princess cuts and the current customer favorite, the Round Brilliant
cut.
Every piece of jewelry sold by Amazon.com is inspected by jewelry
professionals to verify quality attributes and ensure an excellent
product. Customers will find detailed product specifications about
each of the piece's components, including gemstones, settings and
metal stamps. A Learning Center provides buying guides for pearls,
diamonds, precious metals, and watches. Loose stones are independently
certified to be a specific cut, clarity, color, shape and weight.
Finally, the store provides all of the tools and helpful information
that Amazon.com customers know and love, such as Customer Reviews, Top
Sellers lists, So You'd Like To guides and Listmania lists.
About Amazon.com
Amazon.com (Nasdaq:AMZN), a Fortune 500 company based in Seattle,
opened its virtual doors on the World Wide Web in July 1995 and today
offers Earth's Biggest Selection. Amazon.com seeks to be Earth's most
customer-centric company, where customers can find and discover
anything they might want to buy online, and endeavors to offer
customers the lowest possible prices. Amazon.com and third-party
sellers offer millions of unique new, refurbished, and used items in
categories such as health and personal care, jewelry and watches,
gourmet food, sports and outdoors, apparel and accessories, books,
music, DVDs, electronics and office, toys and baby, and home and
garden.
Amazon.com and its affiliates operate websites, including
www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.co.jp,
www.amazon.fr, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms
include Amazon.com, Inc. and its subsidiaries, unless the context
indicates otherwise.
Forward Looking Statement
This announcement contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E
of the Securities Exchange Act of 1934. Actual results may differ
significantly from management's expectations. These forward-looking
statements involve risks and uncertainties that include, among others,
risks related to competition, management of growth, potential
fluctuations in operating results, international expansion, outcomes
of legal proceedings and claims, fulfillment center optimization,
seasonality, commercial agreements, acquisitions and strategic
transactions, foreign exchange rates, system interruption, significant
amount of indebtedness, inventory, limited operating history,
government regulation and taxation, payments, fraud, consumer trends,
and new business areas. More information about factors that
potentially could affect Amazon.com's financial results is included in
Amazon.com's filings with the Securities and Exchange Commission,
including its Annual Report on Form 10-K for the year ended December
31, 2005, and all subsequent filings.
CONTACT: Amazon.com, Seattle
Media Relations, 206-266-7180
SOURCE: Amazon.com, Inc.