Amazon has developed an arsenal of patents over the years and this is unlikely to change with 500 more pending at the moment.
The company’s recent focus is on augmented reality, video and the smart home. All these patents may not necessarily transform into products or services but historically Amazon has filed some notable patents that have given it an edge over competitors. The company’s patent for one-click shopping for example, gave it an advantage over other retailers and brought in loads of money through licensing fees before it expired last year. That patent, issued in 1999, lets customers buy things in one click of the button without re-entering their shipping or billing information.