Following a highly publicized press conference on Thursday
afternoon in which Amazon (NASDAQ:
) revealed a
new line of Kindle devices
, the company delivered more good news to the American public.
create 2,000 new jobs
once the online retailer opens up three more distribution
While details have yet to be revealed about the distribution
centers themselves, The Independent reports that new employees will
be placed in computing, management and human resources positions.
Along with these permanent jobs, Amazon will also hire up to 3,000
seasonal workers for the holiday period.
The company will need all the hands it can get, as the unveiling
of products like the Kindle Fire HD and a 4G LTE tablet will keep
workers busy throughout the 2012 holiday season. In order to
compete against Apple (NASDAQ:
) and Google (NASDAQ:
), Amazon will need all hands on deck to begin sending out orders
throughout the autumn months (two 7-inch Kindle tablets will ship
on September 14, while the other aforementioned tablets will be
released on November 20).
"We. Love. To invent. We love to pioneer," Amazon Chief
Executive Officer Jeff Bezos said at Thursday's event, noting that
people no longer desire gadgets, but that they want constantly
While Amazon strives to do just that, (the company announced a
new Amazon Prime deal
that sent Netflix (NASDAQ:
) shares into a tailspin on Tuesday), Bezos could be hinting at
even further improvements just around the corner.
Amazon's new distribution centers could potentially offer
same-day shipping, much like speedy competitor eBay (NASDAQ:
) began doing in the
beginning of August
. If this were to be true, Amazon stands to monopolize not only a
portion of the tech industry, but the online retail shipping
industry as well.
With not a drop of bad news tainting the water from which Amazon
has seemingly been reborn, shares are on the rise. The company
closed Thursday at $251.38, up over 2 percent for the day. Friday,
Amazon is already up almost another one percent in pre-market
Along with boosting investor confidence, Amazon also managed to
spark assurance in analysts at Bank of America, as the research
firm replaced its $264 price objective on the company with
"Amazon is set up well into 4Q; a play on our mobile marketplace
theme and should see accelerating growth in 4Q. We also believe
positive Street views on a growing distribution advantage & GM
growth will outweigh opex margin pressure concerns," Bank of
America noted on Friday morning.
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