So after finding the website slickdeals.net which has increased my spending on little things dramatically (though it was also responsible for some great Christmas presents IMO) Amazon has been my online staple for years now, and when they offered a trial run at Prime (free two day shipping-no minimum) I said why not? Afterall a free trial is a free trial. And to be fair $70 for a whole year would be less than $6 a month on shipping stuff which would be one or two items a month anyway. However, I'm still on the fence to sign up. (I have until Feb 13) But yes outside of THE RING everything else was Amazon. So when I heard that Amazon blew away they're expected earnings, well I wasn't shocked. As a (conservative) consumer I like deals, and nowhere else have I found deals like Amazon. I found it funny that I fit into all the below comments.... Maybe I should have bought stock too. =P
"Jeffrey Lindsay, an analyst with Sanford C. Bernstein, said he was "pleasantly surprised" by Amazon's results and that they indicate that the shift among consumers toward buying more items online is definitely holding up.
"People may be spending less in general, but they're spending a lot more of it online. Amazon has benefited from that to a very large extent," he said.
Amazon also said revenue from shipping — which includes revenue from Amazon Prime, its membership-based two-day shipping program, and Fulfillment by Amazon, which is its third-party shipping program — rose less than 1 percent to $266 million.
The company's net shipping cost rose as well, though, climbing 32 percent year over year to $242 million."
Trip Dates Decided
13 years ago
