Interpreting Revenue Recognition Disclosure for Multi-channel Retailer Amazon.com reports the following in footnotes to its 2018 financial statements We serve consumers through our online and physical stores and focus on selection, price, and convenience. We design our stores to enable hundreds of millions of unique products to be sold by us and by third parties across dozens of product categories. Customers access our offerings through our websites, mobile apps, Alexa, and physically visiting our stores We also manufacture and sell electronic devices, including Kindle ereaders, Fire tablets, Fire TVs, and Echo devices, and we develop and produce media content. In addition, we offer Amazon Prime, a membership program that includes unlimited free shipping on over 100 million items, access to unlimited streaming of thousands of movies and TV episodes and other benefits For each of the following revenue streams, list the nature of the performance obligation and when Amazon would recognize revenue for that performance obligation, Online sale of merchandise owned by Amazon Online sale of merchandise owned by third parties ce of a Kindle erede Performance When Revenue Obligation Is Recourired . As the services performed Over specified period Divers to customer When customer orders placed Provide specified service When customer takes physical en of spots) # When wenned o collecting cash for an Amazon Prime membership Sale of content such as a movie aware for own Interpreting Revenue Recognition Disclosure for Multi-channel Retailer Amazon.com reports the following in footnotes to its 2018 financial statements We serve consumers through our online and physical stores and focus on selection, price, and convenience. We design our stores to enable hundreds of millions of unique products to be sold by us and by third parties across dozens of product Categories. Customers access our offerings through our websites, mobile apps. Nexa, and physically visiting our stores: We aho manufacture and sell electronic devices, including Kindle ereaders, Fire tablets, Fire TVs, and Echo devices, and we develop and produce media content. In addition, we offer Amazon Prime, a membership program that includes unlimited free shipping on over 100 million items, access to unlimited streaming of thousands of movies and TV episodes, and other benefits For each of the following revenue streams, at the nature of the performance obligation and when Amazon would recognize revenue for that performance obligation We avenue Is Red Performance Obligation Online e oferchandise owned by man merchandise owned by third parties Collect customer payment of an Delvert to custom Provide specified Service Collecting cashforan on Prime memberi Tal customer order of machentuchov for download 3 $
