Amazon reported a disappointing holiday quarter on Thursday. Revenue was up 20% at $25.59 billion but analysts were expecting just over $26 billion in sales. Making matters worse, the company’s net income of $239 million missed estimates by a landslide. How is Amazon planning to bolster earnings in the future? According to comments made by chief financial officer Tom Szkutak during the company’s Q4 earnings call, it may raise the price of
Amazon Prime may soon cost $119
Published Jan 30th, 2014 5:43PM EST
If you buy through a BGR link, we may earn an affiliate commission, helping support our expert product labs.
This article talks about:
Amazon
Zach Epstein has been the Executive Editor at BGR for more than 15 years. He manages BGR’s editorial team and ensures that best practices are adhered to. He also oversees the Ecommerce team and directs the daily flow of all content. Zach first joined BGR in 2007 as a Staff Writer covering business, technology, and entertainment.
His work has been quoted by countless top news organizations, and he was recently named one of the world's top 10 “power mobile influencers” by Forbes. Prior to BGR, Zach worked as an executive in marketing and business development with two private telcos.
