Apparently Amazon is set to raise the price from $99 yearly to $119 effective May 11th.
A 20% increase, that might be brushed off by frequent users of their two-day shipping service who will still save money in the long run. But I'm predicting their previously reported 100 million subscriber numbers will fall drastically as many causal users (such as myself) cancel their service.
Any opinions on future earnings/stock effects with this?
https://finance.yahoo.com/news/amazon-posts-stronger-expected-earnings-200620628.html The Seattle tech giant posted significantly stronger first-quarter 2018 earnings that surpassed Wall Street expectations.
Submitted April 26, 2018 at 05:51PM by jsaranczak https://ift.tt/2HWJaA7
