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EXHIBIT 11
AMAZON.COM, INC.
COMPUTATION OF LOSS PER SHARE
Loss per share reported in Form 10-Q for the quarters ended June 30, 1997 and
1996 are based on the following (in thousands, except per share data):
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Quarter Ended Six Months Ended
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June 30, June 30, June 30, June 30,
1997 1996 1997 1996
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Net Loss $ (6,705) $ (767) $ (9,743) $ (1,098)
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Weighted average number of common shares used
in computation 20,719 15,348 18,774 15,035
Net effect of stock options exercised and granted,
and preferred stock issued during the 12-month
period prior to the Company's filing of its
initial public offering at less than the
offering price, calculated using the treasury
stock method at the offering price of $18 per
share, and treated as outstanding for all
periods presented prior to and through May 15,
1997 2,927 7,083 4,558 7,306
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Total Shares 23,646 22,431 23,332 22,341
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Net Loss per Share $ (0.28) $ (0.03) $ (0.42) $ (0.05)
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